Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 14.71% | 0.01% |
| 2010: | 26.47% | 0.02% |
| 2009: | 11.77% | 0.01% |
| 2008: | 5.88% | 0.00% |
| 2007: | 8.82% | 0.01% |
| 2006: | 5.88% | 0.00% |
| 2005: | 11.77% | 0.01% |
| 2004: | 8.82% | 0.01% |
| 2003: | 2.94% | 0.00% |
| 2002: | 2.94% | 0.00% |
The information listed below displays the busy days for online applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Picton, the day with the most volume, having more than 26.47% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 2.94% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 26.5% | |
| 2: | Monday: | 14.7% | |
| 3: | Friday: | 14.7% | |
| 4: | Wednesday: | 14.7% | |
| 5: | Thursday: | 14.7% | |
| 6: | Sunday: | 11.8% | |
| 7: | Saturday: | 2.9% |
In Picton, mortgage applications are received 24 hours a day from the CanEquity web site. The following represents 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 |
|---|---|
| 00:00 to 00:59: | 2.9% |
| 04:00 to 04:59: | 2.9% |
| 06:00 to 06:59: | 2.9% |
| 07:00 to 07:59: | 8.8% |
| 08:00 to 08:59: | 5.9% |
| 09:00 to 09:59: | 8.8% |
| 10:00 to 10:59: | 8.8% |
| 11:00 to 11:59: | 2.9% |
| 12:00 to 12:59: | 5.9% |
| 13:00 to 13:59: | 14.7% |
| 14:00 to 14:59: | 2.9% |
| 15:00 to 15:59: | 5.9% |
| 16:00 to 16:59: | 5.9% |
| 17:00 to 17:59: | 8.8% |
| 19:00 to 19:59: | 5.9% |
| 21:00 to 21:59: | 2.9% |
| 22:00 to 22:59: | 2.9% |
| 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 | |
|---|---|---|
| 094: | HUNTSVILLE, ON | 0.072% |
| 095: | AMHERSTBURG, ON | 0.070% |
| 096: | INGERSOLL, ON | 0.070% |
| 097: | TECUMSEH, ON | 0.070% |
| 098: | HANOVER, ON | 0.066% |
| 099: | PICTON, ON | 0.064% |
| 100: | HANMER, ON | 0.064% |
| 101: | WASAGA BEACH, ON | 0.064% |
| 102: | STITTSVILLE, ON | 0.064% |
| 103: | PARRY SOUND, ON | 0.064% |
| 104: | THOROLD, ON | 0.064% |
| 1 | Shannonville, Ontario |
| 2 | Demorestville, Ontario |
| 3 | Bloomfield, Ontario |
| 4 | Milford, Ontario |
| 5 | Corbyville, Ontario |
| 6 | Belleville, Ontario |
| 7 | Foxboro, Ontario |
| 8 | Tweed, Ontario |
| 9 | Trenton, Ontario |
| 10 | Carrying Place, Ontario |
| 11 | Roslin, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 23.5% | |
| Qualification: | 20.6% | |
| No Money Down: | 11.8% | |
| Refinance: | 11.8% | |
| Purchase: | 11.8% | |
| Low Doc: | 5.9% | |
| Pre-approval: | 5.9% | |
| Renewal: | 2.9% | |
| Investment: | 2.9% | |
| Variable Rate: | 2.9% | |
| Total Application Types Found: 10 | ||
Average age: 40
Oldest age: 84
Youngest age: 20
The information below represents the average income of people living in Picton who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Picton: | $52,727.25 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($6,771.22) |
| mortgage co-applicants in Picton: | $34,074.43 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($8,328.70) |
The information below represents the residential status of people living in Picton who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.0% | |
| Own: | 41.2% | |
| No Comment: | 2.9% | |
| Live with parents: | 5.9% |
The pie chart below represents the marital status of applicants from Picton, Ontario using the mortgage application located at the CanEquity web site. Over 82% of the mortgage applicants are either married or living common-law, while only 14% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 64.7% | |
| Common-law: | 17.6% | |
| Single: | 11.8% | |
| Widowed: | 2.9% | |
| Separated: | 2.9% |
