Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 16.47% | 0.05% |
| 2010: | 11.77% | 0.04% |
| 2009: | 11.77% | 0.04% |
| 2008: | 10.00% | 0.03% |
| 2007: | 8.82% | 0.03% |
| 2006: | 11.18% | 0.04% |
| 2005: | 8.23% | 0.03% |
| 2004: | 6.47% | 0.02% |
| 2003: | 10.00% | 0.03% |
| 2002: | 5.29% | 0.02% |
The following shows the individual monthly volume history for Internet mortgage pre-approval applications submitted from Nepean, ON.
The following bar graph shows the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Nepean happen to occur during our third quarter (represented by the blue bars) with 31.18% while our slowest is the fourth quarter (represented by the red bars) with 20.00%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | July: | 11.8% | |
| 2: | August: | 10.6% | |
| 3: | June: | 10.6% | |
| 4: | March: | 10.0% | |
| 5: | May: | 9.4% | |
| 6: | September: | 8.8% | |
| 7: | November: | 7.7% | |
| 8: | January: | 6.5% | |
| 9: | December: | 6.5% | |
| 10: | February: | 6.5% | |
| 11: | April: | 5.9% | |
| 12: | October: | 5.9% |
The graph listed below shows the busy days for mortgage inquiries that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Nepean the busiest day, with approximately 21.18% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.82% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 21.2% | |
| 2: | Tuesday: | 19.4% | |
| 3: | Wednesday: | 15.3% | |
| 4: | Thursday: | 15.3% | |
| 5: | Friday: | 10.0% | |
| 6: | Sunday: | 10.0% | |
| 7: | Saturday: | 8.8% |
In Nepean, inquiries are received 24 hours a day via the CanEquity web site. The statistics shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.6% |
| 03:00 to 03:59: | 0.6% |
| 04:00 to 04:59: | 0.6% |
| 05:00 to 05:59: | 1.2% |
| 06:00 to 06:59: | 2.4% |
| 07:00 to 07:59: | 5.3% |
| 08:00 to 08:59: | 4.7% |
| 09:00 to 09:59: | 7.1% |
| 10:00 to 10:59: | 9.4% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 6.5% |
| 13:00 to 13:59: | 11.8% |
| 14:00 to 14:59: | 4.7% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 2.9% |
| 17:00 to 17:59: | 4.7% |
| 18:00 to 18:59: | 7.1% |
| 19:00 to 19:59: | 5.9% |
| 20:00 to 20:59: | 5.3% |
| 21:00 to 21:59: | 4.7% |
| 22:00 to 22:59: | 1.2% |
| 23:00 to 23:59: | 1.2% |
| 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 | |
|---|---|---|
| 027: | THUNDER BAY, ON | 0.391% |
| 028: | WHITBY, ON | 0.383% |
| 029: | SUDBURY, ON | 0.381% |
| 030: | NIAGARA FALLS, ON | 0.334% |
| 031: | PICKERING, ON | 0.330% |
| 032: | NEPEAN, ON | 0.321% |
| 033: | NEWMARKET, ON | 0.302% |
| 034: | CORNWALL, ON | 0.285% |
| 035: | ORLEANS, ON | 0.276% |
| 036: | MILTON, ON | 0.266% |
| 037: | TIMMINS, ON | 0.264% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 21.2% | |
| Renewal: | 18.2% | |
| Purchase: | 17.6% | |
| First-time Buyer: | 12.9% | |
| Refinance: | 11.8% | |
| No Money Down: | 10.6% | |
| Variable Rate: | 2.4% | |
| Commercial: | 1.8% | |
| Fixed Rate: | 1.2% | |
| Other: | 2.4% | |
| Total Application Types Found: 13 | ||
Average age: 38
Oldest age: 74
Youngest age: 21
The information below represents the average income of applicants living in Nepean who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Nepean: | $60,395.07 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $896.61 |
| mortgage co-applicants in Nepean: | $43,570.35 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $1,167.22 |
The table and pie chart below represents the residential status of people living in Nepean who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 39.4% | |
| Own: | 48.8% | |
| Other: | 1.8% | |
| No Comment: | 2.9% | |
| Live with parents: | 7.1% |
The information below shows the marital status of applicants from Nepean, Ontario using the online mortgage application found on canequity.com. In Nepean, over 62% of the mortgage applicants are living together with someone, while only 37% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.5% | |
| Single: | 24.7% | |
| Common-law: | 9.4% | |
| Separated: | 7.1% | |
| Divorced: | 5.3% |
