Last report update for Ottawa: Sunday, February 7, 2010
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Ottawa Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Ottawa

Year Year to Year
Comparison
** National
Contribution
2010: * 2.01% * 0.05%
2009: 19.13% 0.46%
2008: 14.20% 0.34%
2007: 12.39% 0.29%
2006: 13.90% 0.33%
2005: 12.29% 0.29%
2004: 9.97% 0.24%
2003: 9.27% 0.22%
2002: 6.85% 0.16%

Note: * These values are the percentages up to Sunday, February 7, 2010. Estimated volume targets for the entire 2010 year are 17.92% and 0.43% respectively. ** Total national contribution of Ottawa mortgages in the past is currently 2.38% with a projected target of 2.76%.

Monthly Volume History for Mortgages Received from Ottawa

This bar graph shows the individual monthly volume history for Internet mortgage applications sent from Ottawa, ON.


Monthly Volume Report for Ottawa Mortgages

Busy Months for Mortgage Applications within Ottawa

The graph below displays the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Ottawa occur during our first quarter (represented by the brown bars) with 29.10% while our slowest is the fourth quarter (represented by the red bars) with 17.82%.

RankMonth Percentage
of Inquiries
1: April: 11.1%
2: January: 10.4%
3: July: 10.4%
4: March: 9.8%
5: May: 9.0%
6: February: 9.0%
7: June: 8.1%
8: August: 7.8%
9: October: 7.0%
10: September: 6.8%
11: December: 5.6%
12: November: 5.2%
Busy Months Report for Ottawa Mortgages

Busy Days for Mortgage Applications within Ottawa

The bar graph below displays the busy days for online inquiries that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Ottawa the most busy day of the week, with 21.15% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 9.26% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 21.1%
2: Tuesday: 16.8%
3: Thursday: 15.4%
4: Wednesday: 14.5%
5: Friday: 12.0%
6: Sunday: 10.9%
7: Saturday: 9.3%
Busy Days Report for Ottawa Mortgages

Peak Hours for Mortgage Applicants within Ottawa

In Ottawa, mortgages are received 24 hours a day from the CanEquity web site. The graph shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 36.0% of all mortgages are received before noon, while 63.0% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 0.4%
01:00 to 01:59: 0.3%
02:00 to 02:59: 0.3%
04:00 to 04:59: 0.7%
05:00 to 05:59: 1.2%
06:00 to 06:59: 2.7%
07:00 to 07:59: 6.4%
08:00 to 08:59: 6.3%
09:00 to 09:59: 5.9%
10:00 to 10:59: 5.6%
11:00 to 11:59: 6.9%
12:00 to 12:59: 8.8%
13:00 to 13:59: 6.1%
14:00 to 14:59: 6.7%
15:00 to 15:59: 5.3%
16:00 to 16:59: 6.2%
17:00 to 17:59: 5.2%
18:00 to 18:59: 5.1%
19:00 to 19:59: 5.9%
20:00 to 20:59: 6.0%
21:00 to 21:59: 4.7%
22:00 to 22:59: 1.9%
23:00 to 23:59: 0.8%
Peak Hours Graph for Mortgages in Ottawa

Note: Only hours that have had mortgages from Ottawa, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.14%
British Columbia: 10.92%
Manitoba: 2.10%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.89%
Northwest Territories: 0.31%
Nunavut: 0.09%
Ontario 48.84%
Prince Edward Island: 0.43%
Quebec: 4.05%
Saskatchewan: 5.08%
Yukon Territories: 0.25%
Ottawa Mortgages

Current City Standing within Ontario


Location Contribution
001:  TORONTO, ON 4.933%
002:  MISSISSAUGA, ON 2.610%
003:  OTTAWA, ON 2.380%
004:  LONDON, ON 1.587%
005:  BRAMPTON, ON 1.553%
006:  HAMILTON, ON 1.501%
007:  KITCHENER, ON 1.069%
008:  SCARBOROUGH, ON 0.940%

Nearest Settlements


1Orleans, Ontario
2Gloucester, Ontario
3Metcalfe, Ontario
4Ashton, Ontario
5Vanier, Ontario
6Nepean, Ontario
7Carlsbad Springs, Ontario
8Navan, Ontario
9Aylmer, Quebec
10Dunrobin, Ontario
11Mansfield, Ontario
12Richmond, Ontario
13Carleton Place, Ontario
14Lanark, Ontario
15Stittsville, Ontario
16Munster, Ontario
17Kanata, Ontario
18Vernon, Ontario
19Oxford Mills, Ontario
20North Gower, Ontario
21Merrickville, Ontario
22Hull, Quebec
23Greely, Ontario
24Manotick, Ontario
25Clayton, Ontario
26Perth, Ontario
27Almonte, Ontario
28Smiths Falls, Ontario


Product Popularity for Ottawa


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 25.7%
Qualification: 25.2%
Renewal: 14.0%
No Money Down: 11.2%
Refinance: 9.6%
Purchase: 6.3%
Variable Rate: 2.2%
Pre-approval: 2.0%
Low Doc: 1.0%
Other: 2.8%
 
Total Application Types Found: 15
 Ottawa Mortgage Product Popularity Pie Chart

Age Demographics for Ottawa Mortgages

Average age: 36
Oldest age: 83
Youngest age: 19


Incomes for Ottawa Mortgages

The numbers below represent the average income of Canadians living in Ottawa who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Ottawa: $64,532.38
applicants within all of Canada: $58,448.42
Difference: $6,083.96
  
mortgage co-applicants in Ottawa: $47,823.46
co-applicants within all of Canada: $41,110.46
Difference: $6,713.01

Note: Commercial Mortgages were not included for this section, only residential loans were used.

Residential Status for Ottawa Mortgages

The following table represents the residential status of people living in Ottawa 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: 53.4%
Own: 37.8%
Other: 1.4%
No Comment: 3.6%
Live with parents: 3.8%
Ottawa Residential Status Pie Chart

Marital Statistics for Ottawa Mortgages

The information below shows the marital status of applicants from Ottawa, Ontario using the preapproval application found at canequity.com. In Ottawa, 57% of the mortgage applicants are living common-law or married, while only 41% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 44.2%
Single: 34.8%
Common-law: 13.2%
Separated: 3.8%
Divorced: 3.2%
Widowed: 0.7%
Ottawa Marital Status Pie Chart