Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 9.09% | 0.00% |
| 2010: | 13.64% | 0.01% |
| 2009: | 13.64% | 0.01% |
| 2008: | 4.54% | 0.00% |
| 2007: | 9.09% | 0.00% |
| 2006: | 13.64% | 0.01% |
| 2005: | 18.18% | 0.01% |
| 2004: | 18.18% | 0.01% |
In Niagara On the Lake, inquiries are received 24 hours a day via the CanEquity web site. The following indicates the rush hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 9.1% |
| 07:00 to 07:59: | 13.6% |
| 08:00 to 08:59: | 13.6% |
| 09:00 to 09:59: | 9.1% |
| 10:00 to 10:59: | 9.1% |
| 11:00 to 11:59: | 4.5% |
| 12:00 to 12:59: | 9.1% |
| 13:00 to 13:59: | 4.5% |
| 15:00 to 15:59: | 9.1% |
| 16:00 to 16:59: | 4.5% |
| 17:00 to 17:59: | 4.5% |
| 20:00 to 20:59: | 4.5% |
| 21:00 to 21:59: | 4.5% |
| 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 | |
|---|---|---|
| 147: | COCHRANE, ON | 0.043% |
| 148: | YORK, ON | 0.043% |
| 149: | ESPANOLA, ON | 0.043% |
| 150: | ST MARYS, ON | 0.042% |
| 151: | WALKERTON, ON | 0.042% |
| 152: | NIAGARA ON THE LAKE, ON | 0.042% |
| 153: | ALMONTE, ON | 0.042% |
| 154: | SHELBURNE, ON | 0.042% |
| 155: | PENETANGUISHENE, ON | 0.040% |
| 156: | ESSEX, ON | 0.040% |
| 157: | WAWA, ON | 0.038% |
| 1 | Thorold, Ontario |
| 2 | Welland, Ontario |
| 3 | Ridgeville, Ontario |
| 4 | Port Colborne, Ontario |
| 5 | Stevensville, Ontario |
| 6 | Fonthill, Ontario |
| 7 | St Catharines, Ontario |
| 8 | Crystal Beach, Ontario |
| 9 | Fort Erie, Ontario |
| 10 | Ridgeway, Ontario |
| 11 | Niagara Falls, Ontario |
| 12 | Fenwick, Ontario |
| 13 | Wellandport, Ontario |
| 14 | Lowbanks, Ontario |
| 15 | Caistor Centre, Ontario |
| 16 | Vineland, Ontario |
| 17 | St Anns, Ontario |
| 18 | Smithville, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 36.4% | |
| No Money Down: | 27.3% | |
| Refinance: | 13.6% | |
| Renewal: | 9.1% | |
| Equity Mortgage: | 4.5% | |
| First-time Buyer: | 4.5% | |
| Second Mortgage: | 4.5% | |
| Total Application Types Found: 7 | ||
Average age: 46
Oldest age: 65
Youngest age: 27
The following depicts the average income of Canadians living in Niagara On the Lake who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Niagara On the Lake: | $67,566.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $8,067.53 |
| mortgage co-applicants in Niagara On the Lake: | $40,666.67 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($1,736.46) |
The table and pie chart below represents the residential status of people living in Niagara On the Lake who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 27.3% | |
| Own: | 68.2% | |
| Live with parents: | 4.5% |
The pie chart below represents the marital status of applicants from Niagara On the Lake, Ontario using the mortgage preapproval application located at the CanEquity web site. 72% of the mortgage applicants are living together with someone, while only 27% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 68.2% | |
| Single: | 18.2% | |
| Separated: | 9.1% | |
| Common-law: | 4.5% |
