Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 13.79% | 0.02% |
| 2010: | 6.90% | 0.01% |
| 2009: | 10.35% | 0.02% |
| 2008: | 9.20% | 0.01% |
| 2007: | 14.94% | 0.03% |
| 2006: | 10.35% | 0.02% |
| 2005: | 8.05% | 0.01% |
| 2004: | 6.90% | 0.01% |
| 2003: | 17.24% | 0.03% |
| 2002: | 2.30% | 0.00% |
This graph displays the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Orangeville mostly occur during our first quarter (represented by the brown bars) with 37.93% while our slowest is the third quarter (represented by the blue bars) with 12.64%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | November: | 13.8% | |
| 2: | March: | 13.8% | |
| 3: | January: | 12.6% | |
| 4: | April: | 11.5% | |
| 5: | February: | 11.5% | |
| 6: | May: | 8.1% | |
| 7: | December: | 6.9% | |
| 8: | October: | 5.8% | |
| 9: | September: | 5.8% | |
| 10: | July: | 4.6% | |
| 11: | June: | 3.5% | |
| 12: | August: | 2.3% |
The information listed below displays the busy days for online inquiries that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Orangeville, the day with the most volume, having more than 24.14% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 6.90% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 24.1% | |
| 2: | Tuesday: | 24.1% | |
| 3: | Wednesday: | 16.1% | |
| 4: | Thursday: | 10.3% | |
| 5: | Friday: | 9.2% | |
| 6: | Saturday: | 9.2% | |
| 7: | Sunday: | 6.9% |
Applications are received 24 hours a day via the CanEquity web site. The following represents the busy hours in the day. The data is taken from all days of all years. Only 29.9% of all mortgages are received before noon, while 69.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.1% |
| 04:00 to 04:59: | 1.1% |
| 05:00 to 05:59: | 1.1% |
| 06:00 to 06:59: | 4.6% |
| 07:00 to 07:59: | 5.7% |
| 08:00 to 08:59: | 3.4% |
| 09:00 to 09:59: | 1.1% |
| 10:00 to 10:59: | 5.7% |
| 11:00 to 11:59: | 6.9% |
| 12:00 to 12:59: | 12.6% |
| 13:00 to 13:59: | 6.9% |
| 14:00 to 14:59: | 8.0% |
| 15:00 to 15:59: | 6.9% |
| 16:00 to 16:59: | 5.7% |
| 17:00 to 17:59: | 8.0% |
| 18:00 to 18:59: | 6.9% |
| 19:00 to 19:59: | 5.7% |
| 20:00 to 20:59: | 3.4% |
| 21:00 to 21:59: | 2.3% |
| 22:00 to 22:59: | 1.1% |
| 23:00 to 23:59: | 1.1% |
| 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 | |
|---|---|---|
| 046: | WOODBRIDGE, ON | 0.217% |
| 047: | CHATHAM, ON | 0.211% |
| 048: | ORILLIA, ON | 0.208% |
| 049: | ST THOMAS, ON | 0.185% |
| 050: | AURORA, ON | 0.181% |
| 051: | ORANGEVILLE, ON | 0.164% |
| 052: | BROCKVILLE, ON | 0.155% |
| 053: | KESWICK, ON | 0.153% |
| 054: | GEORGETOWN, ON | 0.153% |
| 055: | BOWMANVILLE, ON | 0.151% |
| 056: | STRATFORD, ON | 0.145% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 28.7% | |
| Qualification: | 16.1% | |
| First-time Buyer: | 16.1% | |
| Renewal: | 16.1% | |
| No Money Down: | 8.0% | |
| Purchase: | 6.9% | |
| Commercial: | 3.4% | |
| Variable Rate: | 2.3% | |
| Pre-approval: | 1.1% | |
| HELOC: | 1.1% | |
| Total Application Types Found: 10 | ||
Average age: 37
Oldest age: 57
Youngest age: 22
The information below represents the average income of people living in Orangeville who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Orangeville: | $59,159.66 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($338.80) |
| mortgage co-applicants in Orangeville: | $38,442.22 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($3,960.91) |
The information shown below represents the residential status of people living in Orangeville who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 21.8% | |
| Own: | 65.5% | |
| Other: | 1.1% | |
| No Comment: | 3.4% | |
| Live with parents: | 8.0% |
The pie chart below represents the marital status of applicants from Orangeville, Ontario using the mortgage application found at canequity.com. In Orangeville, 66% of the mortgage applicants are living common-law or married, while only 29% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.3% | |
| Single: | 17.2% | |
| Common-law: | 10.3% | |
| Separated: | 9.2% | |
| Divorced: | 3.4% | |
| Widowed: | 3.4% |
