Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 17.60% | 0.04% |
| 2010: | 8.80% | 0.02% |
| 2009: | 12.80% | 0.03% |
| 2008: | 6.40% | 0.01% |
| 2007: | 6.40% | 0.01% |
| 2006: | 7.20% | 0.02% |
| 2005: | 19.20% | 0.04% |
| 2004: | 10.40% | 0.03% |
| 2003: | 9.60% | 0.02% |
| 2002: | 1.60% | 0.00% |
The bar graph below shows the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from North Bay happen to occur during our first quarter (represented by the brown bars) with 32.80% while our slowest is the fourth quarter (represented by the red bars) with 12.80%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | July: | 13.6% | |
| 2: | March: | 13.6% | |
| 3: | January: | 11.2% | |
| 4: | April: | 10.4% | |
| 5: | June: | 8.8% | |
| 6: | May: | 8.0% | |
| 7: | February: | 8.0% | |
| 8: | September: | 8.0% | |
| 9: | August: | 5.6% | |
| 10: | December: | 4.8% | |
| 11: | October: | 4.8% | |
| 12: | November: | 3.2% |
The bar graph below illustrates 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 North Bay, the day with the most volume, having more than 19.20% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 8.80% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.2% | |
| 2: | Wednesday: | 17.6% | |
| 3: | Monday: | 16.0% | |
| 4: | Thursday: | 15.2% | |
| 5: | Sunday: | 12.8% | |
| 6: | Friday: | 10.4% | |
| 7: | Saturday: | 8.8% |
In North Bay, mortgage applications are received 24 hours a day from our web site. The time periods 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 |
|---|---|
| 05:00 to 05:59: | 0.8% |
| 06:00 to 06:59: | 4.8% |
| 07:00 to 07:59: | 4.8% |
| 08:00 to 08:59: | 5.6% |
| 09:00 to 09:59: | 6.4% |
| 10:00 to 10:59: | 3.2% |
| 11:00 to 11:59: | 8.0% |
| 12:00 to 12:59: | 4.8% |
| 13:00 to 13:59: | 8.8% |
| 14:00 to 14:59: | 10.4% |
| 15:00 to 15:59: | 8.0% |
| 16:00 to 16:59: | 2.4% |
| 17:00 to 17:59: | 7.2% |
| 18:00 to 18:59: | 6.4% |
| 19:00 to 19:59: | 8.8% |
| 20:00 to 20:59: | 4.0% |
| 21:00 to 21:59: | 4.0% |
| 22:00 to 22:59: | 0.8% |
| 23:00 to 23:59: | 0.8% |
| 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 | |
|---|---|---|
| 039: | SARNIA, ON | 0.260% |
| 040: | WOODSTOCK, ON | 0.260% |
| 041: | THORNHILL, ON | 0.253% |
| 042: | BELLEVILLE, ON | 0.243% |
| 043: | WELLAND, ON | 0.243% |
| 044: | NORTH BAY, ON | 0.236% |
| 045: | STONEY CREEK, ON | 0.232% |
| 046: | WOODBRIDGE, ON | 0.217% |
| 047: | CHATHAM, ON | 0.211% |
| 048: | ORILLIA, ON | 0.208% |
| 049: | ST THOMAS, ON | 0.185% |
| 1 | Corbeil, Ontario |
| 2 | Redbridge, Ontario |
| 3 | Bonfield, Ontario |
| 4 | Sundridge, Ontario |
| 5 | Sturgeon Falls, Ontario |
| 6 | Astorville, Ontario |
| 7 | Callander, Ontario |
| 8 | Field, Ontario |
| 9 | Mattawa, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 25.6% | |
| Qualification: | 24.8% | |
| Purchase: | 12.8% | |
| No Money Down: | 10.4% | |
| Refinance: | 10.4% | |
| Commercial: | 6.4% | |
| Renewal: | 5.6% | |
| Equity Mortgage: | 1.6% | |
| Other: | 2.4% | |
| Total Application Types Found: 11 | ||
Average age: 38
Oldest age: 69
Youngest age: 20
The numbers below represent the average income of people living in North Bay who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in North Bay: | $47,806.88 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($11,691.59) |
| mortgage co-applicants in North Bay: | $39,509.57 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($2,893.56) |
The chart and pie-graph below depicts the residential status of people living in North Bay who have applied for a home loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 48.0% | |
| Own: | 41.6% | |
| Other: | 3.2% | |
| No Comment: | 1.6% | |
| Live with parents: | 5.6% |
The following information represents the marital status of applicants from North Bay, Ontario using the online mortgage application located at canequity.com. In North Bay, approximately 61% of the mortgage applicants are living with someone, while only 36% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 47.2% | |
| Single: | 26.4% | |
| Common-law: | 14.4% | |
| Separated: | 5.6% | |
| Divorced: | 4.8% | |
| Widowed: | 1.6% |
