Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 17.95% | 0.01% |
| 2010: | 10.26% | 0.01% |
| 2009: | 12.82% | 0.01% |
| 2008: | 23.08% | 0.02% |
| 2007: | 5.13% | 0.00% |
| 2006: | 5.13% | 0.00% |
| 2005: | 5.13% | 0.00% |
| 2004: | 7.69% | 0.01% |
| 2003: | 10.26% | 0.01% |
| 2002: | 2.56% | 0.00% |
The information listed below compares the busy days for online applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Napanee the busiest day, with approximately 25.64% of all inquiries, is Thursday. In comparison, Saturday's are the slowest day with only 2.56% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Thursday: | 25.6% | |
| 2: | Tuesday: | 23.1% | |
| 3: | Friday: | 15.4% | |
| 4: | Wednesday: | 15.4% | |
| 5: | Monday: | 12.8% | |
| 6: | Sunday: | 5.1% | |
| 7: | Saturday: | 2.6% |
Mortgage inquiries are received 24 hours a day via the CanEquity web site. The graph shown below indicates the rush hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 2.6% |
| 03:00 to 03:59: | 2.6% |
| 05:00 to 05:59: | 2.6% |
| 06:00 to 06:59: | 5.1% |
| 07:00 to 07:59: | 5.1% |
| 08:00 to 08:59: | 10.3% |
| 09:00 to 09:59: | 7.7% |
| 10:00 to 10:59: | 7.7% |
| 11:00 to 11:59: | 7.7% |
| 12:00 to 12:59: | 2.6% |
| 13:00 to 13:59: | 5.1% |
| 14:00 to 14:59: | 2.6% |
| 15:00 to 15:59: | 5.1% |
| 16:00 to 16:59: | 10.3% |
| 17:00 to 17:59: | 2.6% |
| 18:00 to 18:59: | 7.7% |
| 19:00 to 19:59: | 2.6% |
| 20:00 to 20:59: | 5.1% |
| 21:00 to 21:59: | 2.6% |
| 23:00 to 23:59: | 2.6% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.57% |
| Manitoba: | 2.06% |
| New Brunswick: | 2.43% |
| Newfoundland and Labrador: | 1.25% |
| Nova Scotia: | 3.28% |
| Northwest Territories: | 0.40% |
| Nunavut: | 0.10% |
| Ontario: | 48.07% |
| Prince Edward Island: | 0.53% |
| Quebec: | 3.97% |
| Saskatchewan: | 4.94% |
| Yukon Territories: | 0.41% |
| Location | Contribution | |
|---|---|---|
| 087: | CALEDONIA, ON | 0.077% |
| 088: | LEAMINGTON, ON | 0.077% |
| 089: | BROOKLIN, ON | 0.076% |
| 090: | PORT COLBORNE, ON | 0.076% |
| 091: | PARIS, ON | 0.076% |
| 092: | NAPANEE, ON | 0.074% |
| 093: | EAST YORK, ON | 0.074% |
| 094: | HUNTSVILLE, ON | 0.072% |
| 095: | AMHERSTBURG, ON | 0.070% |
| 096: | INGERSOLL, ON | 0.070% |
| 097: | TECUMSEH, ON | 0.070% |
| 1 | Newburgh, Ontario |
| 2 | Tamworth, Ontario |
| 3 | Bath, Ontario |
| 4 | Yarker, Ontario |
| 5 | Portland, Ontario |
| 6 | Deseronto, Ontario |
| 7 | Westport, Ontario |
| 8 | Sharbot Lake, Ontario |
| 9 | Oxford Mills, Ontario |
| 10 | Merrickville, Ontario |
| 11 | Perth, Ontario |
| 12 | Smiths Falls, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 30.8% | |
| First-time Buyer: | 20.5% | |
| Qualification: | 17.9% | |
| Renewal: | 10.3% | |
| Purchase: | 7.7% | |
| Commercial: | 7.7% | |
| No Money Down: | 2.6% | |
| Variable Rate: | 2.6% | |
| Total Application Types Found: 8 | ||
Average age: 40
Oldest age: 59
Youngest age: 22
The following figures show the average income of people living in Napanee who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Napanee: | $52,911.72 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($6,586.75) |
| mortgage co-applicants in Napanee: | $37,577.14 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($4,825.99) |
The information below represents the residential status of people living in Napanee who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.9% | |
| Own: | 59.0% | |
| Other: | 2.6% | |
| Live with parents: | 2.6% |
The following information represents the marital status of applicants from Napanee, Ontario using the mortgage preapproval application located at canequity.com. In Napanee, over 69% of the mortgage applicants are living together with someone, while only 30% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 38.5% | |
| Common-law: | 30.8% | |
| Single: | 20.5% | |
| Divorced: | 7.7% | |
| Separated: | 2.6% |
