Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 7.69% | 0.00% |
| 2009: | 7.69% | 0.00% |
| 2008: | 26.92% | 0.01% |
| 2007: | 11.54% | 0.01% |
| 2006: | 19.23% | 0.01% |
| 2005: | 15.39% | 0.01% |
| 2004: | 3.85% | 0.00% |
| 2003: | 7.69% | 0.00% |
The information listed below illustrates the busy days for 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 Renfrew the most busy day of the week, with 23.08% of all applications, is Friday. In comparison, Thursday's are the slowest day with only 11.54% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Friday: | 23.1% | |
| 2: | Sunday: | 23.1% | |
| 3: | Monday: | 15.4% | |
| 4: | Saturday: | 15.4% | |
| 5: | Wednesday: | 11.5% | |
| 6: | Thursday: | 11.5% |
Inquiries are received 24 hours a day from the CanEquity web site. The report shown below indicates the peak hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 3.8% |
| 07:00 to 07:59: | 3.8% |
| 08:00 to 08:59: | 15.4% |
| 09:00 to 09:59: | 15.4% |
| 10:00 to 10:59: | 3.8% |
| 11:00 to 11:59: | 7.7% |
| 12:00 to 12:59: | 3.8% |
| 13:00 to 13:59: | 15.4% |
| 14:00 to 14:59: | 3.8% |
| 16:00 to 16:59: | 7.7% |
| 17:00 to 17:59: | 3.8% |
| 18:00 to 18:59: | 11.5% |
| 19:00 to 19:59: | 3.8% |
| 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 | |
|---|---|---|
| 127: | PRESCOTT, ON | 0.051% |
| 128: | PEFFERLAW, ON | 0.049% |
| 129: | KAPUSKASING, ON | 0.049% |
| 130: | KENORA, ON | 0.049% |
| 131: | PORT ELGIN, ON | 0.049% |
| 132: | RENFREW, ON | 0.049% |
| 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% |
| 1 | Burnstown, Ontario |
| 2 | Mcnab, Ontario |
| 3 | Eganville, Ontario |
| 4 | Braeside, Ontario |
| 5 | Calabogie, Ontario |
| 6 | Haley Station, Ontario |
| 7 | Arnprior, Ontario |
| 8 | Kinburn, Ontario |
| 9 | Pakenham, Ontario |
| 10 | Pembroke, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 30.8% | |
| Qualification: | 23.1% | |
| No Money Down: | 15.4% | |
| Refinance: | 11.5% | |
| Low Doc: | 3.8% | |
| Renewal: | 3.8% | |
| Purchase: | 3.8% | |
| Investment: | 3.8% | |
| Variable Rate: | 3.8% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 59
Youngest age: 22
The information below represents the average income of Canadians living in Renfrew who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Renfrew: | $37,256.13 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($22,242.34) |
| mortgage co-applicants in Renfrew: | $39,196.71 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($3,206.42) |
The following depicts the residential status of people living in Renfrew who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 65.4% | |
| Own: | 34.6% |
The information below shows the marital status of applicants from Renfrew, Ontario using the preapproval application found on canequity.com. Over 69% of the mortgage applicants are living together with someone, while only 30% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.7% | |
| Single: | 26.9% | |
| Common-law: | 11.5% | |
| Divorced: | 3.8% |
