Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 5.88% | 0.00% |
| 2010: | 35.29% | 0.01% |
| 2009: | 5.88% | 0.00% |
| 2008: | 5.88% | 0.00% |
| 2007: | 5.88% | 0.00% |
| 2006: | 23.53% | 0.01% |
| 2005: | 11.77% | 0.00% |
| 2002: | 5.88% | 0.00% |
| 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 | |
|---|---|---|
| 174: | ELORA, ON | 0.032% |
| 175: | HAVELOCK, ON | 0.032% |
| 176: | MARMORA, ON | 0.032% |
| 177: | MINDEN, ON | 0.032% |
| 178: | DURHAM, ON | 0.032% |
| 179: | SPENCERVILLE, ON | 0.032% |
| 180: | CAYUGA, ON | 0.030% |
| 181: | WATERFORD, ON | 0.030% |
| 182: | MOUNT HOPE, ON | 0.030% |
| 183: | ELMVALE, ON | 0.030% |
| 184: | BOBCAYGEON, ON | 0.030% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 29.4% | |
| Qualification: | 23.5% | |
| Renewal: | 11.8% | |
| First-time Buyer: | 11.8% | |
| Second Mortgage: | 11.8% | |
| Purchase: | 5.9% | |
| No Money Down: | 5.9% | |
| Total Application Types Found: 7 | ||
Average age: 37
Oldest age: 53
Youngest age: 27
The numbers below represent the average income of applicants living in Spencerville who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Spencerville: | $53,364.50 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($6,133.97) |
The chart and pie-graph below depicts the residential status of people living in Spencerville who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 23.5% | |
| Own: | 70.6% | |
| No Comment: | 5.9% |
The pie chart below represents the marital status of applicants from Spencerville, Ontario using the preapproval application found on the CanEquity Mortgage web site. In Spencerville, approximately 88% of the mortgage applicants are living common-law or married, while only 11% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 82.4% | |
| Separated: | 5.9% | |
| Common-law: | 5.9% | |
| Single: | 5.9% |
