Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 31.82% | 0.01% |
| 2010: | 9.09% | 0.00% |
| 2009: | 4.54% | 0.00% |
| 2008: | 13.64% | 0.01% |
| 2007: | 4.54% | 0.00% |
| 2006: | 13.64% | 0.01% |
| 2005: | 4.54% | 0.00% |
| 2004: | 13.64% | 0.01% |
| 2003: | 4.54% | 0.00% |
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. Only 36.4% of all mortgages are received before noon, while 63.6% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 4.5% |
| 07:00 to 07:59: | 9.1% |
| 10:00 to 10:59: | 4.5% |
| 11:00 to 11:59: | 18.2% |
| 12:00 to 12:59: | 4.5% |
| 13:00 to 13:59: | 13.6% |
| 14:00 to 14:59: | 4.5% |
| 15:00 to 15:59: | 9.1% |
| 17:00 to 17:59: | 9.1% |
| 18:00 to 18:59: | 4.5% |
| 19:00 to 19:59: | 9.1% |
| 20:00 to 20:59: | 4.5% |
| 22:00 to 22:59: | 4.5% |
| 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 | |
|---|---|---|
| 149: | ESPANOLA, ON | 0.043% |
| 150: | ST MARYS, ON | 0.042% |
| 151: | WALKERTON, ON | 0.042% |
| 152: | NIAGARA ON THE LAKE, ON | 0.042% |
| 153: | ALMONTE, ON | 0.042% |
| 154: | SHELBURNE, ON | 0.042% |
| 155: | PENETANGUISHENE, ON | 0.040% |
| 156: | ESSEX, ON | 0.040% |
| 157: | WAWA, ON | 0.038% |
| 158: | FORT FRANCES, ON | 0.038% |
| 159: | CORUNNA, ON | 0.038% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 54.5% | |
| Qualification: | 22.7% | |
| Low Doc: | 13.6% | |
| No Money Down: | 4.5% | |
| Second Mortgage: | 4.5% | |
| Total Application Types Found: 5 | ||
Average age: 45
Oldest age: 81
Youngest age: 25
The following depicts the average income of applicants living in Shelburne who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Shelburne: | $70,865.32 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $11,366.85 |
| mortgage co-applicants in Shelburne: | $41,722.22 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($680.91) |
The following depicts the residential status of people living in Shelburne who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 13.6% | |
| Own: | 81.8% | |
| Other: | 4.5% |
The following information represents the marital status of applicants from Shelburne, Ontario using the mortgage preapproval application located at the CanEquity web site. In Shelburne, over 81% of the mortgage applicants are living together with someone, while only 13% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 68.2% | |
| Common-law: | 13.6% | |
| Divorced: | 4.5% | |
| Widowed: | 4.5% | |
| Separated: | 4.5% | |
| Single: | 4.5% |
