Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 9.34% | 0.06% |
| 2010: | 9.34% | 0.06% |
| 2009: | 14.46% | 0.09% |
| 2008: | 12.05% | 0.08% |
| 2007: | 8.43% | 0.05% |
| 2006: | 10.84% | 0.07% |
| 2005: | 12.65% | 0.08% |
| 2004: | 12.05% | 0.08% |
| 2003: | 7.23% | 0.04% |
| 2002: | 3.61% | 0.02% |
The bar graph below displays the individual monthly volume history for Internet mortgage pre-approval applications received from Oshawa, ON.
The following bar graph shows the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Oshawa mostly occur during our second quarter (represented by the green bars) with 28.31% while our slowest is the fourth quarter (represented by the red bars) with 18.07%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 13.6% | |
| 2: | June: | 10.5% | |
| 3: | May: | 9.9% | |
| 4: | September: | 9.6% | |
| 5: | July: | 8.7% | |
| 6: | April: | 7.8% | |
| 7: | August: | 7.5% | |
| 8: | January: | 7.2% | |
| 9: | October: | 7.2% | |
| 10: | February: | 6.9% | |
| 11: | November: | 6.0% | |
| 12: | December: | 4.8% |
The bar graph listed below compares the busy days for mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Oshawa the busiest day, with 20.18% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 9.64% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 20.2% | |
| 2: | Monday: | 16.6% | |
| 3: | Thursday: | 16.6% | |
| 4: | Tuesday: | 13.6% | |
| 5: | Friday: | 12.4% | |
| 6: | Sunday: | 11.1% | |
| 7: | Saturday: | 9.6% |
Inquiries are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.3% |
| 01:00 to 01:59: | 0.3% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.6% |
| 05:00 to 05:59: | 0.6% |
| 06:00 to 06:59: | 2.7% |
| 07:00 to 07:59: | 3.3% |
| 08:00 to 08:59: | 6.0% |
| 09:00 to 09:59: | 9.0% |
| 10:00 to 10:59: | 8.4% |
| 11:00 to 11:59: | 7.2% |
| 12:00 to 12:59: | 8.7% |
| 13:00 to 13:59: | 7.5% |
| 14:00 to 14:59: | 6.3% |
| 15:00 to 15:59: | 3.9% |
| 16:00 to 16:59: | 6.0% |
| 17:00 to 17:59: | 5.7% |
| 18:00 to 18:59: | 5.7% |
| 19:00 to 19:59: | 3.9% |
| 20:00 to 20:59: | 6.6% |
| 21:00 to 21:59: | 2.7% |
| 22:00 to 22:59: | 3.6% |
| 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 | |
|---|---|---|
| 010: | WINDSOR, ON | 0.804% |
| 011: | BURLINGTON, ON | 0.791% |
| 012: | GUELPH, ON | 0.681% |
| 013: | OAKVILLE, ON | 0.670% |
| 014: | CAMBRIDGE, ON | 0.642% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 22.6% | |
| Refinance: | 21.1% | |
| First-time Buyer: | 17.8% | |
| Renewal: | 12.7% | |
| No Money Down: | 9.3% | |
| Purchase: | 9.0% | |
| Commercial: | 1.8% | |
| Variable Rate: | 1.8% | |
| Low Doc: | 0.9% | |
| Recreational: | 0.9% | |
| Other: | 2.1% | |
| Total Application Types Found: 15 | ||
Average age: 38
Oldest age: 78
Youngest age: 19
The numbers below represent the average income of Canadians living in Oshawa who have applied for a mortgage loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Oshawa: | $54,822.80 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($4,675.66) |
| mortgage co-applicants in Oshawa: | $41,904.27 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($498.86) |
The following table represents the residential status of people living in Oshawa 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: | 35.8% | |
| Own: | 51.5% | |
| Other: | 2.1% | |
| No Comment: | 3.3% | |
| Live with parents: | 7.2% |
The following information represents the marital status of applicants from Oshawa, Ontario using the online mortgage application found on the CanEquity Mortgage web site. In Oshawa, approximately 62% of the mortgage applicants are living with someone, while only 37% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.1% | |
| Single: | 28.3% | |
| Common-law: | 16.6% | |
| Separated: | 5.1% | |
| Divorced: | 3.6% | |
| Widowed: | 0.3% |
