Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.00% | 0.00% |
| 2010: | 16.00% | 0.01% |
| 2009: | 20.00% | 0.01% |
| 2008: | 8.00% | 0.00% |
| 2007: | 12.00% | 0.01% |
| 2006: | 8.00% | 0.00% |
| 2005: | 12.00% | 0.01% |
| 2004: | 8.00% | 0.00% |
| 2003: | 4.00% | 0.00% |
| 2002: | 4.00% | 0.00% |
The information below illustrates the busy days for Internet mortgage applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Port Dover the busiest day of the week, with 20.00% of all submissions, is Monday. In comparison, Sunday's are the slowest day with only 8.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.0% | |
| 2: | Tuesday: | 20.0% | |
| 3: | Wednesday: | 16.0% | |
| 4: | Thursday: | 16.0% | |
| 5: | Saturday: | 12.0% | |
| 6: | Friday: | 8.0% | |
| 7: | Sunday: | 8.0% |
Mortgage inquiries are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the rush 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: | 4.0% |
| 06:00 to 06:59: | 4.0% |
| 07:00 to 07:59: | 8.0% |
| 08:00 to 08:59: | 4.0% |
| 09:00 to 09:59: | 12.0% |
| 11:00 to 11:59: | 16.0% |
| 12:00 to 12:59: | 4.0% |
| 13:00 to 13:59: | 8.0% |
| 14:00 to 14:59: | 8.0% |
| 15:00 to 15:59: | 4.0% |
| 16:00 to 16:59: | 8.0% |
| 17:00 to 17:59: | 4.0% |
| 18:00 to 18:59: | 8.0% |
| 19:00 to 19:59: | 4.0% |
| 21:00 to 21:59: | 4.0% |
| 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 | |
|---|---|---|
| 133: | TOTTENHAM, ON | 0.049% |
| 134: | BRIGHTON, ON | 0.049% |
| 135: | CHELMSFORD, ON | 0.047% |
| 136: | ARNPRIOR, ON | 0.047% |
| 137: | KINCARDINE, ON | 0.047% |
| 138: | PORT DOVER, ON | 0.047% |
| 139: | GRAVENHURST, ON | 0.045% |
| 140: | KIRKLAND LAKE, ON | 0.045% |
| 141: | ELMIRA, ON | 0.045% |
| 142: | FRANKFORD, ON | 0.045% |
| 143: | LISTOWEL, ON | 0.045% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 44.0% | |
| Refinance: | 16.0% | |
| Renewal: | 12.0% | |
| No Money Down: | 8.0% | |
| First-time Buyer: | 8.0% | |
| Commercial: | 4.0% | |
| Recreational: | 4.0% | |
| Second Mortgage: | 4.0% | |
| Total Application Types Found: 8 | ||
Average age: 41
Oldest age: 70
Youngest age: 21
The figures below represent the average income of Canadians living in Port Dover who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Dover: | $67,137.46 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $7,638.99 |
| mortgage co-applicants in Port Dover: | $45,629.09 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $3,225.96 |
The following depicts the residential status of people living in Port Dover who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.0% | |
| Own: | 52.0% | |
| No Comment: | 4.0% | |
| Live with parents: | 16.0% |
The following information represents the marital status of applicants from Port Dover, Ontario using the preapproval application found at canequity.com. In Port Dover, 44% of the mortgage applicants are either married or living common-law, while only 56% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 48.0% | |
| Married: | 36.0% | |
| Common-law: | 8.0% | |
| Divorced: | 4.0% | |
| Separated: | 4.0% |
