Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 5.48% | * 0.01% |
| 2009: | 12.33% | 0.02% |
| 2008: | 10.96% | 0.02% |
| 2007: | 17.81% | 0.03% |
| 2006: | 12.33% | 0.02% |
| 2005: | 9.59% | 0.01% |
| 2004: | 8.22% | 0.01% |
| 2003: | 20.55% | 0.03% |
| 2002: | 2.74% | 0.00% |
The graph below depicts the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Orangeville occur during our first quarter (represented by the brown bars) with 41.10% while our slowest is the third quarter (represented by the blue bars) with 10.96%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 15.1% | |
| 2: | January: | 13.7% | |
| 3: | April: | 13.7% | |
| 4: | February: | 12.3% | |
| 5: | November: | 11.0% | |
| 6: | May: | 8.2% | |
| 7: | December: | 6.8% | |
| 8: | October: | 5.5% | |
| 9: | September: | 5.5% | |
| 10: | July: | 2.7% | |
| 11: | August: | 2.7% | |
| 12: | June: | 2.7% |
The bar graph listed below compares the busy days for online inquiries that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Orangeville the busiest day of the week, with 28.77% of all submissions, is Monday. In comparison, Sunday's are the slowest day with only 5.48% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 28.8% | |
| 2: | Tuesday: | 23.3% | |
| 3: | Wednesday: | 16.4% | |
| 4: | Saturday: | 11.0% | |
| 5: | Thursday: | 8.2% | |
| 6: | Friday: | 6.8% | |
| 7: | Sunday: | 5.5% |
In Orangeville, mortgage applications are received 24 hours a day on our web site. The following represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 28.8% of all mortgages are received before noon, while 69.9% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.4% |
| 04:00 to 04:59: | 1.4% |
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 4.1% |
| 07:00 to 07:59: | 6.8% |
| 08:00 to 08:59: | 4.1% |
| 09:00 to 09:59: | 1.4% |
| 10:00 to 10:59: | 4.1% |
| 11:00 to 11:59: | 5.5% |
| 12:00 to 12:59: | 12.3% |
| 13:00 to 13:59: | 5.5% |
| 14:00 to 14:59: | 9.6% |
| 15:00 to 15:59: | 8.2% |
| 16:00 to 16:59: | 6.8% |
| 17:00 to 17:59: | 8.2% |
| 18:00 to 18:59: | 5.5% |
| 19:00 to 19:59: | 6.8% |
| 20:00 to 20:59: | 4.1% |
| 21:00 to 21:59: | 1.4% |
| 23:00 to 23:59: | 1.4% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.20% |
| British Columbia: | 10.79% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.19% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.60% |
| Prince Edward Island: | 0.47% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.29% |
| Location | Contribution | |
|---|---|---|
| 047: | TIMMINS, ON | 0.215% |
| 048: | ST THOMAS, ON | 0.197% |
| 049: | ORILLIA, ON | 0.193% |
| 050: | AURORA, ON | 0.191% |
| 051: | GEORGETOWN, ON | 0.165% |
| 052: | ORANGEVILLE, ON | 0.160% |
| 053: | STRATFORD, ON | 0.156% |
| 054: | BROCKVILLE, ON | 0.156% |
| 055: | KESWICK, ON | 0.154% |
| 056: | BOWMANVILLE, ON | 0.154% |
| 057: | DUNDAS, ON | 0.143% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 31.5% | |
| Qualification: | 17.8% | |
| First-time Buyer: | 17.8% | |
| Renewal: | 16.4% | |
| No Money Down: | 9.6% | |
| Purchase: | 2.7% | |
| Variable Rate: | 2.7% | |
| Pre-approval: | 1.4% | |
| Total Application Types Found: 8 | ||
Average age: 38
Oldest age: 57
Youngest age: 22
The following depicts the average income of Canadians living in Orangeville who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Orangeville: | $58,805.49 |
| applicants within all of Canada: | $58,945.88 |
| Difference: | ($140.39) |
| mortgage co-applicants in Orangeville: | $38,513.55 |
| co-applicants within all of Canada: | $41,522.27 |
| Difference: | ($3,008.72) |
The following depicts the residential status of people living in Orangeville who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 24.7% | |
| Own: | 67.1% | |
| Other: | 1.4% | |
| No Comment: | 1.4% | |
| Live with parents: | 5.5% |
The following pie chart represents the marital status of applicants from Orangeville, Ontario using the online mortgage application found on the CanEquity Mortgage web site. Approximately 69% of the mortgage applicants are living together with someone, while only 26% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.9% | |
| Single: | 15.1% | |
| Common-law: | 11.0% | |
| Separated: | 8.2% | |
| Widowed: | 4.1% | |
| Divorced: | 2.7% |
