Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 17.78% | 0.09% |
| 2010: | 7.41% | 0.04% |
| 2009: | 12.22% | 0.06% |
| 2008: | 9.63% | 0.05% |
| 2007: | 12.59% | 0.06% |
| 2006: | 8.52% | 0.04% |
| 2005: | 8.89% | 0.04% |
| 2004: | 5.56% | 0.03% |
| 2003: | 12.59% | 0.06% |
| 2002: | 4.81% | 0.03% |
This bar graph illustrates the individual monthly volume history for Internet mortgage applications received from North York, ON.
This bar graph shows the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from North York mostly occur during our second quarter (represented by the green bars) with 28.15% while our slowest is the first quarter (represented by the brown bars) with 22.59%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 14.1% | |
| 2: | November: | 10.4% | |
| 3: | March: | 9.6% | |
| 4: | September: | 9.3% | |
| 5: | January: | 8.5% | |
| 6: | May: | 8.5% | |
| 7: | July: | 8.2% | |
| 8: | October: | 8.2% | |
| 9: | August: | 7.8% | |
| 10: | April: | 5.6% | |
| 11: | December: | 5.6% | |
| 12: | February: | 4.4% |
The graph below displays the busy days for mortgage inquiries that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In North York the busiest day, with 20.74% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.04% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.7% | |
| 2: | Tuesday: | 17.4% | |
| 3: | Thursday: | 16.3% | |
| 4: | Wednesday: | 15.2% | |
| 5: | Friday: | 13.0% | |
| 6: | Sunday: | 10.4% | |
| 7: | Saturday: | 7.0% |
Mortgage applications are received 24 hours a day via the CanEquity web site. The time periods below represents the busy hours in the day. The data is taken from all days of all years. Only 34.1% of all mortgages are received during the morning, while 65.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 0.4% |
| 02:00 to 02:59: | 0.4% |
| 03:00 to 03:59: | 0.7% |
| 04:00 to 04:59: | 0.7% |
| 05:00 to 05:59: | 0.7% |
| 06:00 to 06:59: | 1.5% |
| 07:00 to 07:59: | 3.3% |
| 08:00 to 08:59: | 7.0% |
| 09:00 to 09:59: | 4.8% |
| 10:00 to 10:59: | 5.6% |
| 11:00 to 11:59: | 9.6% |
| 12:00 to 12:59: | 8.9% |
| 13:00 to 13:59: | 6.3% |
| 14:00 to 14:59: | 5.2% |
| 15:00 to 15:59: | 5.6% |
| 16:00 to 16:59: | 6.3% |
| 17:00 to 17:59: | 4.4% |
| 18:00 to 18:59: | 6.7% |
| 19:00 to 19:59: | 7.4% |
| 20:00 to 20:59: | 3.7% |
| 21:00 to 21:59: | 4.4% |
| 22:00 to 22:59: | 4.8% |
| 23:00 to 23:59: | 1.5% |
| 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 | |
|---|---|---|
| 015: | OSHAWA, ON | 0.627% |
| 016: | ST CATHARINES, ON | 0.540% |
| 017: | ETOBICOKE, ON | 0.529% |
| 018: | BRANTFORD, ON | 0.515% |
| 019: | RICHMOND HILL, ON | 0.512% |
| 020: | NORTH YORK, ON | 0.510% |
| 021: | KINGSTON, ON | 0.508% |
| 022: | MARKHAM, ON | 0.438% |
| 023: | SAULT STE MARIE, ON | 0.428% |
| 024: | WATERLOO, ON | 0.423% |
| 025: | PETERBOROUGH, ON | 0.404% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 28.5% | |
| Qualification: | 22.6% | |
| Purchase: | 18.1% | |
| No Money Down: | 10.4% | |
| Renewal: | 6.7% | |
| Refinance: | 5.2% | |
| Variable Rate: | 2.2% | |
| Commercial: | 1.9% | |
| Pre-approval: | 1.5% | |
| Other: | 3% | |
| Total Application Types Found: 15 | ||
Average age: 37
Oldest age: 84
Youngest age: 19
The information below represents the average income of people living in North York who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in North York: | $58,763.35 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($735.11) |
| mortgage co-applicants in North York: | $49,692.87 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $7,289.74 |
The chart and pie-graph below depicts the residential status of people living in North York who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 67.8% | |
| Own: | 23.0% | |
| Other: | 1.9% | |
| No Comment: | 2.2% | |
| Live with parents: | 5.2% |
The information below shows the marital status of applicants from North York, Ontario using the preapproval application found on the CanEquity Mortgage web site. 66% of the mortgage applicants are either married or living common-law, while only 33% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.4% | |
| Single: | 26.7% | |
| Common-law: | 8.9% | |
| Separated: | 3.7% | |
| Divorced: | 3.3% |
