Ottawa Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| 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% |
This bar graph shows the individual monthly volume history for Internet mortgage applications sent from Ottawa, ON.
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%.
| Rank | Month | 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% |
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% |
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% |
| 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% |
| 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% |
| 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 | ||
Average age: 36
Oldest age: 83
Youngest age: 19
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 |
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% |
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% |
