Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 10.00% | 0.01% |
| 2010: | 15.00% | 0.01% |
| 2009: | 7.50% | 0.01% |
| 2008: | 25.00% | 0.02% |
| 2007: | 12.50% | 0.01% |
| 2006: | 10.00% | 0.01% |
| 2005: | 7.50% | 0.01% |
| 2003: | 5.00% | 0.00% |
| 2002: | 7.50% | 0.01% |
The information listed below shows the busy days for Internet mortgage applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Paris the busiest day of the week, with 17.50% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 10.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 17.5% | |
| 2: | Tuesday: | 17.5% | |
| 3: | Wednesday: | 17.5% | |
| 4: | Friday: | 12.5% | |
| 5: | Sunday: | 12.5% | |
| 6: | Thursday: | 12.5% | |
| 7: | Saturday: | 10.0% |
Paris mortgage applications are received 24 hours a day on the CanEquity web site. The following indicates the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 5.0% |
| 06:00 to 06:59: | 5.0% |
| 07:00 to 07:59: | 7.5% |
| 08:00 to 08:59: | 10.0% |
| 09:00 to 09:59: | 10.0% |
| 10:00 to 10:59: | 5.0% |
| 11:00 to 11:59: | 12.5% |
| 12:00 to 12:59: | 7.5% |
| 14:00 to 14:59: | 17.5% |
| 15:00 to 15:59: | 7.5% |
| 17:00 to 17:59: | 5.0% |
| 19:00 to 19:59: | 2.5% |
| 20:00 to 20:59: | 2.5% |
| 21:00 to 21:59: | 2.5% |
| 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 | |
|---|---|---|
| 086: | BRACEBRIDGE, ON | 0.079% |
| 087: | CALEDONIA, ON | 0.077% |
| 088: | LEAMINGTON, ON | 0.077% |
| 089: | BROOKLIN, ON | 0.076% |
| 090: | PORT COLBORNE, ON | 0.076% |
| 091: | PARIS, ON | 0.076% |
| 092: | NAPANEE, ON | 0.074% |
| 093: | EAST YORK, ON | 0.074% |
| 094: | HUNTSVILLE, ON | 0.072% |
| 095: | AMHERSTBURG, ON | 0.070% |
| 096: | INGERSOLL, ON | 0.070% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 17.5% | |
| Renewal: | 17.5% | |
| No Money Down: | 15.0% | |
| First-time Buyer: | 15.0% | |
| Refinance: | 15.0% | |
| Purchase: | 10.0% | |
| Commercial: | 2.5% | |
| Equity Mortgage: | 2.5% | |
| Home Renovation: | 2.5% | |
| Variable Rate: | 2.5% | |
| Total Application Types Found: 10 | ||
Average age: 38
Oldest age: 69
Youngest age: 22
The amounts below are the average income of applicants living in Paris who have applied for a mortgage loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Paris: | $56,999.84 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($2,498.62) |
| mortgage co-applicants in Paris: | $59,012.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $16,608.87 |
The pie chart below shows the residential status of people living in Paris who have applied for a mortgage loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 32.5% | |
| Own: | 55.0% | |
| No Comment: | 5.0% | |
| Live with parents: | 7.5% |
The information below shows the marital status of applicants from Paris, Ontario using the mortgage application found at the CanEquity web site. Over 72% of the mortgage applicants are living with someone, while only 27% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.0% | |
| Single: | 25.0% | |
| Common-law: | 12.5% | |
| Separated: | 2.5% |
