Ottawa Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Have an idea or suggestion on improving the Ottawa mortgage stats page, please send us an e-mail.
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 8.68% | * 0.20% |
| 2007: | 17.50% | 0.41% |
| 2006: | 19.63% | 0.46% |
| 2005: | 17.35% | 0.41% |
| 2004: | 14.08% | 0.33% |
| 2003: | 13.09% | 0.31% |
| 2002: | 9.67% | 0.23% |
The bar graph below illustrates the individual monthly volume history for Internet pre-approval applications received from Ottawa, ON.
The following represents the volumes of online mortgage 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 31.29% while our slowest is the fourth quarter (represented by the red bars) with 16.07%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 11.4% | |
| 2: | July: | 11.4% | |
| 3: | January: | 10.9% | |
| 4: | March: | 10.2% | |
| 5: | February: | 10.1% | |
| 6: | May: | 8.4% | |
| 7: | June: | 8.0% | |
| 8: | August: | 7.4% | |
| 9: | October: | 6.3% | |
| 10: | September: | 6.1% | |
| 11: | November: | 5.4% | |
| 12: | December: | 4.4% |
The information below compares the busy days for mortgage 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 day with the most volume, generating 21.48% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 9.53% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 21.5% | |
| 2: | Tuesday: | 16.8% | |
| 3: | Thursday: | 16.6% | |
| 4: | Wednesday: | 13.9% | |
| 5: | Friday: | 11.4% | |
| 6: | Sunday: | 10.2% | |
| 7: | Saturday: | 9.5% |
In Ottawa, 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 37.0% of all mortgages are received during the morning, while 62.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.4% |
| 01:00 to 01:59: | 0.1% |
| 02:00 to 02:59: | 0.4% |
| 04:00 to 04:59: | 1.0% |
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 2.4% |
| 07:00 to 07:59: | 7.1% |
| 08:00 to 08:59: | 6.3% |
| 09:00 to 09:59: | 5.3% |
| 10:00 to 10:59: | 5.5% |
| 11:00 to 11:59: | 8.0% |
| 12:00 to 12:59: | 8.4% |
| 13:00 to 13:59: | 6.0% |
| 14:00 to 14:59: | 7.1% |
| 15:00 to 15:59: | 6.1% |
| 16:00 to 16:59: | 6.5% |
| 17:00 to 17:59: | 5.1% |
| 18:00 to 18:59: | 3.8% |
| 19:00 to 19:59: | 5.7% |
| 20:00 to 20:59: | 6.1% |
| 21:00 to 21:59: | 4.4% |
| 22:00 to 22:59: | 1.8% |
| 23:00 to 23:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.49% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.77% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.60% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 001: | TORONTO, ON | 4.993% |
| 002: | MISSISSAUGA, ON | 2.633% |
| 003: | OTTAWA, ON | 2.337% |
| 004: | LONDON, ON | 1.636% |
| 005: | BRAMPTON, ON | 1.572% |
| 006: | HAMILTON, ON | 1.466% |
| 007: | SCARBOROUGH, ON | 0.994% |
| 008: | KITCHENER, ON | 0.977% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.3% | |
| First-time Buyer: | 26.2% | |
| Renewal: | 12.2% | |
| No Money Down: | 11.0% | |
| Refinance: | 9.7% | |
| Purchase: | 5.1% | |
| Variable Rate: | 2.8% | |
| Pre-approval: | 1.7% | |
| Low Doc: | 1.3% | |
| Investment: | 0.9% | |
| Other: | 1.9% | |
| Total Application Types Found: 15 | ||
Average age: 36
Oldest age: 83
Youngest age: 19
The figures below represent the average income of Canadians living in Ottawa who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ottawa: | $61,600.24 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $5,252.74 |
| mortgage co-applicants in Ottawa: | $46,596.52 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | $7,265.82 |
The pie chart below shows the residential status of people living in Ottawa who have applied for a loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 55.8% | |
| Own: | 33.7% | |
| Other: | 1.7% | |
| No Comment: | 5.1% | |
| Live with parents: | 3.7% |
The information below shows the marital status of applicants from Ottawa, Ontario using the mortgage application found on the CanEquity Mortgage web site. Approximately 56% of the mortgage applicants are living together with someone, while only 42% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 43.7% | |
| Single: | 34.6% | |
| Common-law: | 12.5% | |
| Separated: | 4.6% | |
| Divorced: | 3.8% | |
| Widowed: | 0.9% |
