Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 26.67% | 0.01% |
| 2010: | 6.67% | 0.00% |
| 2009: | 10.00% | 0.01% |
| 2008: | 16.67% | 0.01% |
| 2007: | 10.00% | 0.01% |
| 2006: | 10.00% | 0.01% |
| 2005: | 3.33% | 0.00% |
| 2004: | 13.33% | 0.01% |
| 2003: | 3.33% | 0.00% |
The bar graph listed below plots the busy days for Internet mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Perth the busiest day, with 20.00% of all inquiries, is Tuesday. In comparison, Wednesday's are the slowest day with only 6.67% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.0% | |
| 2: | Friday: | 16.7% | |
| 3: | Thursday: | 16.7% | |
| 4: | Sunday: | 16.7% | |
| 5: | Monday: | 13.3% | |
| 6: | Saturday: | 10.0% | |
| 7: | Wednesday: | 6.7% |
In Perth, mortgage applications are received 24 hours a day from the CanEquity web site. The report shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 40.0% of all mortgages are received during the morning, while 60.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 3.3% |
| 06:00 to 06:59: | 3.3% |
| 07:00 to 07:59: | 3.3% |
| 08:00 to 08:59: | 3.3% |
| 09:00 to 09:59: | 3.3% |
| 10:00 to 10:59: | 10.0% |
| 11:00 to 11:59: | 13.3% |
| 12:00 to 12:59: | 13.3% |
| 13:00 to 13:59: | 16.7% |
| 14:00 to 14:59: | 6.7% |
| 16:00 to 16:59: | 3.3% |
| 18:00 to 18:59: | 10.0% |
| 22:00 to 22:59: | 6.7% |
| 23:00 to 23:59: | 3.3% |
| 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 | |
|---|---|---|
| 112: | CALEDON, ON | 0.060% |
| 113: | ELLIOT LAKE, ON | 0.060% |
| 114: | BANCROFT, ON | 0.060% |
| 115: | GODERICH, ON | 0.059% |
| 116: | BELLE RIVER, ON | 0.059% |
| 117: | PERTH, ON | 0.057% |
| 118: | UXBRIDGE, ON | 0.057% |
| 119: | KINGSVILLE, ON | 0.057% |
| 120: | AYLMER, ON | 0.057% |
| 121: | ANGUS, ON | 0.051% |
| 122: | HARROW, ON | 0.051% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 20.0% | |
| Purchase: | 20.0% | |
| Qualification: | 13.3% | |
| First-time Buyer: | 13.3% | |
| No Money Down: | 10.0% | |
| Renewal: | 6.7% | |
| HELOC: | 6.7% | |
| Low Doc: | 3.3% | |
| Pre-approval: | 3.3% | |
| Commercial: | 3.3% | |
| Total Application Types Found: 10 | ||
Average age: 39
Oldest age: 66
Youngest age: 21
The numbers below represent the average income of Canadians living in Perth who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Perth: | $62,349.81 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $2,851.35 |
| mortgage co-applicants in Perth: | $29,067.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($13,336.13) |
The following depicts the residential status of people living in Perth who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 43.3% | |
| Own: | 53.3% | |
| Other: | 3.3% |
The following pie chart represents the marital status of applicants from Perth, Ontario using the mortgage preapproval application found on the CanEquity Mortgage web site. 73% of the mortgage applicants are living with someone, while only 26% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.7% | |
| Common-law: | 26.7% | |
| Single: | 23.3% | |
| Divorced: | 3.3% |
