Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2012: | * 4.04% | * 0.02% |
| 2011: | 9.42% | 0.04% |
| 2010: | 14.35% | 0.06% |
| 2009: | 16.59% | 0.07% |
| 2008: | 8.52% | 0.03% |
| 2007: | 12.11% | 0.05% |
| 2006: | 5.38% | 0.02% |
| 2005: | 10.31% | 0.04% |
| 2004: | 6.73% | 0.03% |
| 2003: | 8.97% | 0.04% |
| 2002: | 3.59% | 0.01% |
The following bar graph displays the individual monthly volume history for Internet mortgage applications received from Peterborough, ON.
This bar graph depicts the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Peterborough occur during our second quarter (represented by the green bars) with 30.49% while our slowest is the fourth quarter (represented by the red bars) with 14.80%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 12.1% | |
| 2: | April: | 10.3% | |
| 3: | January: | 9.9% | |
| 4: | February: | 9.4% | |
| 5: | July: | 9.0% | |
| 6: | August: | 9.0% | |
| 7: | September: | 9.0% | |
| 8: | March: | 8.5% | |
| 9: | June: | 8.1% | |
| 10: | November: | 7.2% | |
| 11: | October: | 4.9% | |
| 12: | December: | 2.7% |
The information listed below displays the busy days for Internet mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Peterborough, the day with the most volume, generating 21.52% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 4.04% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 21.5% | |
| 2: | Monday: | 18.4% | |
| 3: | Wednesday: | 14.8% | |
| 4: | Thursday: | 14.8% | |
| 5: | Sunday: | 14.4% | |
| 6: | Friday: | 12.1% | |
| 7: | Saturday: | 4.0% |
In Peterborough, applications are received 24 hours a day on our web site. The following indicates the busy hours in the day. 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: | 0.9% |
| 02:00 to 02:59: | 0.9% |
| 04:00 to 04:59: | 0.4% |
| 06:00 to 06:59: | 3.1% |
| 07:00 to 07:59: | 4.5% |
| 08:00 to 08:59: | 6.3% |
| 09:00 to 09:59: | 8.1% |
| 10:00 to 10:59: | 12.1% |
| 11:00 to 11:59: | 4.9% |
| 12:00 to 12:59: | 4.5% |
| 13:00 to 13:59: | 4.9% |
| 14:00 to 14:59: | 4.5% |
| 15:00 to 15:59: | 8.1% |
| 16:00 to 16:59: | 6.3% |
| 17:00 to 17:59: | 5.4% |
| 18:00 to 18:59: | 7.2% |
| 19:00 to 19:59: | 5.8% |
| 20:00 to 20:59: | 5.4% |
| 21:00 to 21:59: | 4.9% |
| 22:00 to 22:59: | 1.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.56% |
| Manitoba: | 2.05% |
| New Brunswick: | 2.44% |
| Newfoundland and Labrador: | 1.27% |
| Nova Scotia: | 3.30% |
| Northwest Territories: | 0.42% |
| Nunavut: | 0.10% |
| Ontario: | 47.81% |
| Prince Edward Island: | 0.52% |
| Quebec: | 3.94% |
| Saskatchewan: | 4.91% |
| Yukon Territories: | 0.43% |
| Location | Contribution | |
|---|---|---|
| 020: | KINGSTON, ON | 0.504% |
| 021: | RICHMOND HILL, ON | 0.500% |
| 022: | SAULT STE MARIE, ON | 0.439% |
| 023: | MARKHAM, ON | 0.435% |
| 024: | WATERLOO, ON | 0.413% |
| 025: | PETERBOROUGH, ON | 0.404% |
| 026: | AJAX, ON | 0.395% |
| 027: | SUDBURY, ON | 0.393% |
| 028: | THUNDER BAY, ON | 0.383% |
| 029: | WHITBY, ON | 0.377% |
| 030: | NIAGARA FALLS, ON | 0.334% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 17.5% | |
| Qualification: | 17.0% | |
| First-time Buyer: | 16.1% | |
| No Money Down: | 14.3% | |
| Purchase: | 13.9% | |
| Renewal: | 9.4% | |
| Low Doc: | 2.7% | |
| Pre-approval: | 2.7% | |
| Commercial: | 1.8% | |
| Variable Rate: | 1.8% | |
| Recreational: | 1.3% | |
| Other: | 1.2% | |
| Total Application Types Found: 14 | ||
Average age: 37
Oldest age: 67
Youngest age: 20
The numbers below represent the average income of applicants living in Peterborough who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Peterborough: | $51,134.85 |
| applicants within all of Canada: | $59,709.04 |
| Difference: | ($8,574.19) |
| mortgage co-applicants in Peterborough: | $45,739.33 |
| co-applicants within all of Canada: | $42,699.57 |
| Difference: | $3,039.75 |
The pie chart below shows the residential status of people living in Peterborough who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 46.6% | |
| Own: | 46.2% | |
| Other: | 0.4% | |
| No Comment: | 3.1% | |
| Live with parents: | 3.6% |
The following information represents the marital status of applicants from Peterborough, Ontario using the mortgage application found at canequity.com. Approximately 61% of the mortgage applicants are living common-law or married, while only 37% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.6% | |
| Single: | 27.8% | |
| Common-law: | 14.8% | |
| Divorced: | 8.1% | |
| Separated: | 1.8% | |
| Widowed: | 0.9% |
