Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2012: | * 6.91% | * 0.03% |
| 2011: | 14.29% | 0.06% |
| 2010: | 11.52% | 0.04% |
| 2009: | 15.67% | 0.06% |
| 2008: | 11.52% | 0.04% |
| 2007: | 5.99% | 0.02% |
| 2006: | 8.29% | 0.03% |
| 2005: | 9.22% | 0.04% |
| 2004: | 8.29% | 0.03% |
| 2003: | 6.45% | 0.03% |
| 2002: | 1.84% | 0.01% |
The graph below illustrates the individual monthly volume history for Internet applications received from Sudbury, ON.
The 6-year bar graph below represents the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sudbury happen to occur during our second quarter (represented by the green bars) with 30.41% while our slowest is the fourth quarter (represented by the red bars) with 17.05%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 12.4% | |
| 2: | March: | 11.1% | |
| 3: | January: | 10.6% | |
| 4: | April: | 10.1% | |
| 5: | July: | 9.7% | |
| 6: | August: | 8.8% | |
| 7: | June: | 7.8% | |
| 8: | February: | 6.9% | |
| 9: | November: | 6.5% | |
| 10: | October: | 6.0% | |
| 11: | September: | 5.5% | |
| 12: | December: | 4.6% |
The graph listed below shows the busy days for mortgage inquiries that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Sudbury, the day with the most volume, generating 19.82% of all submissions, is Monday. In comparison, Thursday's are the slowest day with only 10.14% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.8% | |
| 2: | Wednesday: | 17.1% | |
| 3: | Tuesday: | 15.2% | |
| 4: | Saturday: | 13.4% | |
| 5: | Sunday: | 12.9% | |
| 6: | Friday: | 11.5% | |
| 7: | Thursday: | 10.1% |
Sudbury mortgage applications are received 24 hours a day on the CanEquity web site. The following represents the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.5% |
| 02:00 to 02:59: | 0.9% |
| 03:00 to 03:59: | 1.8% |
| 04:00 to 04:59: | 0.9% |
| 05:00 to 05:59: | 0.9% |
| 06:00 to 06:59: | 3.2% |
| 07:00 to 07:59: | 6.9% |
| 08:00 to 08:59: | 10.1% |
| 09:00 to 09:59: | 6.5% |
| 10:00 to 10:59: | 4.6% |
| 11:00 to 11:59: | 6.9% |
| 12:00 to 12:59: | 6.5% |
| 13:00 to 13:59: | 5.1% |
| 14:00 to 14:59: | 6.9% |
| 15:00 to 15:59: | 6.0% |
| 16:00 to 16:59: | 3.2% |
| 17:00 to 17:59: | 5.5% |
| 18:00 to 18:59: | 6.0% |
| 19:00 to 19:59: | 6.5% |
| 20:00 to 20:59: | 4.6% |
| 21:00 to 21:59: | 4.6% |
| 22:00 to 22:59: | 0.9% |
| 23:00 to 23:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.56% |
| Manitoba: | 2.05% |
| New Brunswick: | 2.44% |
| Newfoundland and Labrador: | 1.27% |
| Nova Scotia: | 3.30% |
| Northwest Territories: | 0.42% |
| Nunavut: | 0.10% |
| Ontario: | 47.81% |
| Prince Edward Island: | 0.52% |
| Quebec: | 3.94% |
| Saskatchewan: | 4.91% |
| Yukon Territories: | 0.43% |
| Location | Contribution | |
|---|---|---|
| 022: | SAULT STE MARIE, ON | 0.439% |
| 023: | MARKHAM, ON | 0.435% |
| 024: | WATERLOO, ON | 0.413% |
| 025: | PETERBOROUGH, ON | 0.404% |
| 026: | AJAX, ON | 0.395% |
| 027: | SUDBURY, ON | 0.393% |
| 028: | THUNDER BAY, ON | 0.383% |
| 029: | WHITBY, ON | 0.377% |
| 030: | NIAGARA FALLS, ON | 0.334% |
| 031: | PICKERING, ON | 0.328% |
| 032: | NEPEAN, ON | 0.325% |
| 1 | Garson, Ontario |
| 2 | Copper Cliff, Ontario |
| 3 | Azilda, Ontario |
| 4 | Coniston, Ontario |
| 5 | Val Caron, Ontario |
| 6 | Lively, Ontario |
| 7 | Noelville, Ontario |
| 8 | Hanmer, Ontario |
| 9 | Worthington, Ontario |
| 10 | Chelmsford, Ontario |
| 11 | Mckerrow, Ontario |
| 12 | St Charles, Ontario |
| 13 | Espanola, Ontario |
| 14 | Skead, Ontario |
| 15 | Capreol, Ontario |
| 16 | Little Current, Ontario |
| 17 | Wahnapitae, Ontario |
| 18 | Massey, Ontario |
| 19 | Mindemoya, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 20.7% | |
| Purchase: | 20.3% | |
| Qualification: | 18.9% | |
| No Money Down: | 13.4% | |
| Refinance: | 12.4% | |
| Renewal: | 6.9% | |
| Commercial: | 2.3% | |
| Recreational: | 1.4% | |
| Second Mortgage: | 0.9% | |
| Investment: | 0.9% | |
| Other: | 2% | |
| Total Application Types Found: 14 | ||
Average age: 37
Oldest age: 72
Youngest age: 20
The following depicts the average income of Canadians living in Sudbury who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sudbury: | $62,961.27 |
| applicants within all of Canada: | $59,709.04 |
| Difference: | $3,252.23 |
| mortgage co-applicants in Sudbury: | $38,320.34 |
| co-applicants within all of Canada: | $42,699.57 |
| Difference: | ($4,379.24) |
The information below represents the residential status of people living in Sudbury who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 53.9% | |
| Own: | 38.7% | |
| Other: | 3.7% | |
| No Comment: | 0.9% | |
| Live with parents: | 2.8% |
The pie chart below represents the marital status of applicants from Sudbury, Ontario using the mortgage application found on the CanEquity Mortgage web site. 62% of the mortgage applicants are living with someone, while only 36% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 41.9% | |
| Single: | 26.3% | |
| Common-law: | 20.7% | |
| Divorced: | 5.5% | |
| Separated: | 4.6% | |
| Widowed: | 0.9% |
