Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 2.70% | 0.00% |
| 2009: | 16.22% | 0.01% |
| 2008: | 16.22% | 0.01% |
| 2007: | 8.11% | 0.01% |
| 2006: | 5.41% | 0.00% |
| 2005: | 18.92% | 0.01% |
| 2004: | 21.62% | 0.01% |
| 2003: | 10.81% | 0.01% |
The graph listed below shows the busy days for mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Tecumseh, the day with the most volume, having more than 27.03% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 10.81% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 27.0% | |
| 2: | Tuesday: | 18.9% | |
| 3: | Monday: | 16.2% | |
| 4: | Thursday: | 16.2% | |
| 5: | Sunday: | 10.8% | |
| 6: | Saturday: | 10.8% |
Tecumseh mortgage applications are received 24 hours a day on the CanEquity web site. The time periods below indicates the peak hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 2.7% |
| 06:00 to 06:59: | 8.1% |
| 07:00 to 07:59: | 16.2% |
| 08:00 to 08:59: | 13.5% |
| 09:00 to 09:59: | 2.7% |
| 10:00 to 10:59: | 5.4% |
| 11:00 to 11:59: | 5.4% |
| 12:00 to 12:59: | 10.8% |
| 15:00 to 15:59: | 2.7% |
| 17:00 to 17:59: | 2.7% |
| 18:00 to 18:59: | 10.8% |
| 19:00 to 19:59: | 2.7% |
| 20:00 to 20:59: | 10.8% |
| 21:00 to 21:59: | 2.7% |
| 23:00 to 23:59: | 2.7% |
| 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 | |
|---|---|---|
| 092: | NAPANEE, ON | 0.074% |
| 093: | EAST YORK, ON | 0.074% |
| 094: | HUNTSVILLE, ON | 0.072% |
| 095: | AMHERSTBURG, ON | 0.070% |
| 096: | INGERSOLL, ON | 0.070% |
| 097: | TECUMSEH, ON | 0.070% |
| 098: | HANOVER, ON | 0.066% |
| 099: | PICTON, ON | 0.064% |
| 100: | HANMER, ON | 0.064% |
| 101: | WASAGA BEACH, ON | 0.064% |
| 102: | STITTSVILLE, ON | 0.064% |
| 1 | Essex, Ontario |
| 2 | South Woodslee, Ontario |
| 3 | Emeryville, Ontario |
| 4 | Windsor, Ontario |
| 5 | Maidstone, Ontario |
| 6 | Lasalle, Ontario |
| 7 | Cottam, Ontario |
| 8 | Belle River, Ontario |
| 9 | Kingsville, Ontario |
| 10 | Mcgregor, Ontario |
| 11 | Comber, Ontario |
| 12 | Amherstburg, Ontario |
| 13 | Tilbury, Ontario |
| 14 | Leamington, Ontario |
| 15 | Ruthven, Ontario |
| 16 | Wheatley, Ontario |
| 17 | Harrow, Ontario |
| 18 | Merlin, Ontario |
| 19 | Chatham, Ontario |
| 20 | Charing Cross, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 35.1% | |
| Renewal: | 18.9% | |
| No Money Down: | 10.8% | |
| First-time Buyer: | 10.8% | |
| Refinance: | 10.8% | |
| Purchase: | 5.4% | |
| Commercial: | 2.7% | |
| Second Mortgage: | 2.7% | |
| Transfer: | 2.7% | |
| Total Application Types Found: 9 | ||
Average age: 40
Oldest age: 78
Youngest age: 22
The amounts below are the average income of people living in Tecumseh who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Tecumseh: | $65,794.77 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $6,296.31 |
| mortgage co-applicants in Tecumseh: | $52,071.43 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $9,668.30 |
The following table represents the residential status of people living in Tecumseh who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 21.6% | |
| Own: | 56.8% | |
| Other: | 2.7% | |
| Live with parents: | 18.9% |
The pie chart below represents the marital status of applicants from Tecumseh, Ontario using the online mortgage application found on the CanEquity Mortgage web site. In Tecumseh, 62% of the mortgage applicants are living common-law or married, while only 37% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.8% | |
| Single: | 29.7% | |
| Common-law: | 5.4% | |
| Separated: | 5.4% | |
| Divorced: | 2.7% |
