Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 8.50% | * 0.05% |
| 2009: | 11.74% | 0.06% |
| 2008: | 14.57% | 0.08% |
| 2007: | 12.15% | 0.07% |
| 2006: | 10.53% | 0.06% |
| 2005: | 16.19% | 0.09% |
| 2004: | 14.17% | 0.08% |
| 2003: | 6.88% | 0.04% |
| 2002: | 5.26% | 0.03% |
The following bar graph shows the individual monthly volume history for Internet applications submitted from St Catharines, ON.
The following represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from St Catharines mostly occur during our first quarter (represented by the brown bars) with 28.34% while our slowest is the fourth quarter (represented by the red bars) with 19.84%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 12.6% | |
| 2: | May: | 10.1% | |
| 3: | April: | 9.7% | |
| 4: | September: | 9.3% | |
| 5: | November: | 8.9% | |
| 6: | August: | 8.9% | |
| 7: | March: | 8.5% | |
| 8: | February: | 7.3% | |
| 9: | July: | 7.3% | |
| 10: | October: | 6.5% | |
| 11: | June: | 6.5% | |
| 12: | December: | 4.5% |
The bar graph listed below displays the busy days for Internet mortgage applications that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In St Catharines the most busy day of the week, with 19.84% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.29% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.8% | |
| 2: | Tuesday: | 18.2% | |
| 3: | Wednesday: | 16.6% | |
| 4: | Sunday: | 15.0% | |
| 5: | Thursday: | 12.6% | |
| 6: | Friday: | 10.5% | |
| 7: | Saturday: | 7.3% |
Inquiries are received 24 hours a day from the CanEquity web site. The statistics shown below represents the rush hours in the day. The data is taken from all days of all years. Only 34.8% of all mortgages are received before noon, while 63.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.4% |
| 01:00 to 01:59: | 0.8% |
| 02:00 to 02:59: | 0.8% |
| 03:00 to 03:59: | 1.2% |
| 04:00 to 04:59: | 1.6% |
| 05:00 to 05:59: | 1.6% |
| 06:00 to 06:59: | 3.6% |
| 07:00 to 07:59: | 5.3% |
| 08:00 to 08:59: | 2.8% |
| 09:00 to 09:59: | 5.3% |
| 10:00 to 10:59: | 7.3% |
| 11:00 to 11:59: | 6.1% |
| 12:00 to 12:59: | 6.9% |
| 13:00 to 13:59: | 6.5% |
| 14:00 to 14:59: | 4.0% |
| 15:00 to 15:59: | 4.9% |
| 16:00 to 16:59: | 5.7% |
| 17:00 to 17:59: | 4.9% |
| 18:00 to 18:59: | 6.9% |
| 19:00 to 19:59: | 5.3% |
| 20:00 to 20:59: | 6.1% |
| 21:00 to 21:59: | 6.9% |
| 22:00 to 22:59: | 2.4% |
| 23:00 to 23:59: | 2.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.21% |
| British Columbia: | 10.79% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.19% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.60% |
| Prince Edward Island: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 013: | OSHAWA, ON | 0.643% |
| 014: | CAMBRIDGE, ON | 0.630% |
| 015: | GUELPH, ON | 0.613% |
| 016: | ETOBICOKE, ON | 0.544% |
| 017: | BRANTFORD, ON | 0.542% |
| 018: | ST CATHARINES, ON | 0.542% |
| 019: | RICHMOND HILL, ON | 0.538% |
| 020: | KINGSTON, ON | 0.523% |
| 021: | NORTH YORK, ON | 0.474% |
| 022: | MARKHAM, ON | 0.446% |
| 023: | PETERBOROUGH, ON | 0.419% |
| 1 | Ridgeville, Ontario |
| 2 | Welland, Ontario |
| 3 | Stevensville, Ontario |
| 4 | Niagara On The Lake, Ontario |
| 5 | Fonthill, Ontario |
| 6 | Thorold, Ontario |
| 7 | Niagara Falls, Ontario |
| 8 | Fenwick, Ontario |
| 9 | Port Colborne, Ontario |
| 10 | Wellandport, Ontario |
| 11 | Lowbanks, Ontario |
| 12 | Crystal Beach, Ontario |
| 13 | Fort Erie, Ontario |
| 14 | Ridgeway, Ontario |
| 15 | Caistor Centre, Ontario |
| 16 | Vineland, Ontario |
| 17 | St Anns, Ontario |
| 18 | Smithville, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 24.3% | |
| Qualification: | 21.9% | |
| No Money Down: | 20.2% | |
| Renewal: | 12.6% | |
| Refinance: | 10.1% | |
| Purchase: | 3.6% | |
| Low Doc: | 1.6% | |
| Pre-approval: | 1.2% | |
| Other: | 4.4% | |
| Total Application Types Found: 15 | ||
Average age: 35
Oldest age: 82
Youngest age: 19
The amounts below are the average income of Canadians living in St Catharines who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in St Catharines: | $49,794.34 |
| applicants within all of Canada: | $58,950.13 |
| Difference: | ($9,155.79) |
| mortgage co-applicants in St Catharines: | $35,177.25 |
| co-applicants within all of Canada: | $41,517.38 |
| Difference: | ($6,340.13) |
The table and pie chart below represents the residential status of people living in St Catharines who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 49.0% | |
| Own: | 39.3% | |
| Other: | 1.6% | |
| No Comment: | 2.8% | |
| Live with parents: | 7.3% |
The following table and pie chart represents the marital status of applicants from St Catharines, Ontario using the preapproval application found on canequity.com. In St Catharines, over 62% of the mortgage applicants are living together with someone, while only 36% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.6% | |
| Single: | 29.6% | |
| Common-law: | 15.8% | |
| Separated: | 3.6% | |
| Divorced: | 3.2% | |
| Widowed: | 1.2% |
