Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 5.43% | 0.12% |
| 2010: | 13.36% | 0.30% |
| 2009: | 15.86% | 0.36% |
| 2008: | 11.77% | 0.27% |
| 2007: | 10.27% | 0.23% |
| 2006: | 11.52% | 0.26% |
| 2005: | 10.18% | 0.23% |
| 2004: | 8.26% | 0.19% |
| 2003: | 7.68% | 0.17% |
| 2002: | 5.68% | 0.13% |
This bar graph displays our website's individual monthly volume history for Internet applications sent from Ottawa, ON.
This bar graph illustrates the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Ottawa happen to occur during our first quarter (represented by the brown bars) with 29.80% while our slowest is the fourth quarter (represented by the red bars) with 17.11%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 11.5% | |
| 2: | March: | 10.9% | |
| 3: | July: | 9.6% | |
| 4: | January: | 9.4% | |
| 5: | February: | 9.4% | |
| 6: | May: | 9.1% | |
| 7: | June: | 8.0% | |
| 8: | August: | 7.8% | |
| 9: | September: | 7.0% | |
| 10: | October: | 6.5% | |
| 11: | December: | 5.3% | |
| 12: | November: | 5.3% |
The information below illustrates 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 20.78% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 9.10% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.8% | |
| 2: | Tuesday: | 16.8% | |
| 3: | Wednesday: | 15.0% | |
| 4: | Thursday: | 14.8% | |
| 5: | Friday: | 12.6% | |
| 6: | Sunday: | 10.9% | |
| 7: | Saturday: | 9.1% |
In Ottawa, applications are received 24 hours a day on the CanEquity web site. The following indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 37.9% of all mortgages are received during the morning, while 61.2% arrive in the afternoon.
| 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: | 0.1% |
| 04:00 to 04:59: | 0.9% |
| 05:00 to 05:59: | 1.3% |
| 06:00 to 06:59: | 2.9% |
| 07:00 to 07:59: | 6.5% |
| 08:00 to 08:59: | 6.4% |
| 09:00 to 09:59: | 6.8% |
| 10:00 to 10:59: | 6.1% |
| 11:00 to 11:59: | 6.9% |
| 12:00 to 12:59: | 8.2% |
| 13:00 to 13:59: | 6.1% |
| 14:00 to 14:59: | 6.4% |
| 15:00 to 15:59: | 5.5% |
| 16:00 to 16:59: | 5.7% |
| 17:00 to 17:59: | 5.3% |
| 18:00 to 18:59: | 4.8% |
| 19:00 to 19:59: | 6.0% |
| 20:00 to 20:59: | 6.1% |
| 21:00 to 21:59: | 4.5% |
| 22:00 to 22:59: | 1.8% |
| 23:00 to 23:59: | 0.8% |
| 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 | |
|---|---|---|
| 001: | TORONTO, ON | 4.581% |
| 002: | MISSISSAUGA, ON | 2.463% |
| 003: | OTTAWA, ON | 2.261% |
| 004: | LONDON, ON | 1.546% |
| 005: | BRAMPTON, ON | 1.493% |
| 006: | HAMILTON, ON | 1.472% |
| 007: | KITCHENER, ON | 1.048% |
| 008: | SCARBOROUGH, ON | 0.885% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 24.1% | |
| Qualification: | 23.8% | |
| Renewal: | 13.6% | |
| No Money Down: | 11.5% | |
| Refinance: | 9.6% | |
| Purchase: | 8.6% | |
| Variable Rate: | 2.3% | |
| Pre-approval: | 2.2% | |
| Low Doc: | 0.9% | |
| Other: | 3.5% | |
| Total Application Types Found: 16 | ||
Average age: 37
Oldest age: 83
Youngest age: 19
The figures below represent the average income of applicants living in Ottawa who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ottawa: | $65,015.12 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $5,516.65 |
| mortgage co-applicants in Ottawa: | $48,648.26 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $6,245.13 |
The table and pie chart below represents the residential status of people living in Ottawa 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: | 52.4% | |
| Own: | 38.3% | |
| Other: | 1.8% | |
| No Comment: | 3.3% | |
| Live with parents: | 4.3% |
The following table and pie chart represents the marital status of applicants from Ottawa, Ontario using the mortgage application found at the CanEquity web site. In Ottawa, approximately 57% of the mortgage applicants are living with someone, while only 41% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 44.4% | |
| Single: | 34.6% | |
| Common-law: | 12.9% | |
| Separated: | 4.0% | |
| Divorced: | 3.3% | |
| Widowed: | 0.8% |
