Ottawa Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 5.26% | * 0.13% |
| 2009: | 18.50% | 0.45% |
| 2008: | 13.73% | 0.33% |
| 2007: | 11.98% | 0.29% |
| 2006: | 13.44% | 0.32% |
| 2005: | 11.88% | 0.29% |
| 2004: | 9.64% | 0.23% |
| 2003: | 8.96% | 0.22% |
| 2002: | 6.62% | 0.16% |
The graph below illustrates the individual monthly volume history for Internet applications submitted from Ottawa, ON.
The 6-year bar graph below depicts the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Ottawa mostly occur during our first quarter (represented by the brown bars) with 31.45% while our slowest is the fourth quarter (represented by the red bars) with 17.23%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 10.9% | |
| 2: | April: | 10.7% | |
| 3: | February: | 10.5% | |
| 4: | January: | 10.0% | |
| 5: | July: | 10.0% | |
| 6: | May: | 8.7% | |
| 7: | June: | 7.8% | |
| 8: | August: | 7.6% | |
| 9: | October: | 6.7% | |
| 10: | September: | 6.5% | |
| 11: | December: | 5.5% | |
| 12: | November: | 5.1% |
The information listed below shows 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 Ottawa the busiest day, with 21.03% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 9.06% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 21.0% | |
| 2: | Tuesday: | 16.9% | |
| 3: | Thursday: | 15.2% | |
| 4: | Wednesday: | 14.7% | |
| 5: | Friday: | 12.4% | |
| 6: | Sunday: | 10.7% | |
| 7: | Saturday: | 9.1% |
In Ottawa, mortgage applications are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the busy 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: | 0.4% |
| 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: | 6.3% |
| 08:00 to 08:59: | 6.5% |
| 09:00 to 09:59: | 6.1% |
| 10:00 to 10:59: | 5.8% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 8.7% |
| 13:00 to 13:59: | 6.0% |
| 14:00 to 14:59: | 6.7% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 6.1% |
| 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: | 5.8% |
| 21:00 to 21:59: | 5.0% |
| 22:00 to 22:59: | 1.9% |
| 23:00 to 23:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 001: | TORONTO, ON | 4.911% |
| 002: | MISSISSAUGA, ON | 2.606% |
| 003: | OTTAWA, ON | 2.411% |
| 004: | LONDON, ON | 1.599% |
| 005: | BRAMPTON, ON | 1.561% |
| 006: | HAMILTON, ON | 1.509% |
| 007: | KITCHENER, ON | 1.066% |
| 008: | SCARBOROUGH, ON | 0.927% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 25.3% | |
| Qualification: | 25.1% | |
| Renewal: | 13.7% | |
| No Money Down: | 11.3% | |
| Refinance: | 9.3% | |
| Purchase: | 6.8% | |
| Variable Rate: | 2.3% | |
| Pre-approval: | 2.2% | |
| Low Doc: | 1.0% | |
| Investment: | 0.9% | |
| Other: | 2% | |
| Total Application Types Found: 15 | ||
Average age: 36
Oldest age: 83
Youngest age: 19
The following depicts the average income of Canadians living in Ottawa who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ottawa: | $64,870.78 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $6,288.40 |
| mortgage co-applicants in Ottawa: | $47,767.81 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $6,541.99 |
The information shown below represents the residential status of people living in Ottawa who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 53.1% | |
| Own: | 38.0% | |
| Other: | 1.5% | |
| No Comment: | 3.5% | |
| Live with parents: | 4.0% |
The pie chart below represents the marital status of applicants from Ottawa, Ontario using the preapproval application located at canequity.com. In Ottawa, 57% of the mortgage applicants are living with someone, while only 41% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 44.3% | |
| Single: | 35.0% | |
| Common-law: | 13.1% | |
| Separated: | 3.7% | |
| Divorced: | 3.2% | |
| Widowed: | 0.7% |
