Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 13.79% | * 0.01% |
| 2009: | 13.79% | 0.01% |
| 2008: | 17.24% | 0.01% |
| 2007: | 20.69% | 0.01% |
| 2006: | 3.45% | 0.00% |
| 2005: | 17.24% | 0.01% |
| 2004: | 10.35% | 0.01% |
| 2002: | 3.45% | 0.00% |
The information listed below illustrates the busy days for online applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Thorold the most busy day of the week, with 31.03% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 6.90% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 31.0% | |
| 2: | Wednesday: | 24.1% | |
| 3: | Tuesday: | 17.2% | |
| 4: | Friday: | 10.3% | |
| 5: | Saturday: | 10.3% | |
| 6: | Sunday: | 6.9% |
Applications are received 24 hours a day via our web site. The report shown below represents the busy hours over 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: | 3.4% |
| 05:00 to 05:59: | 3.4% |
| 07:00 to 07:59: | 10.3% |
| 08:00 to 08:59: | 10.3% |
| 09:00 to 09:59: | 6.9% |
| 10:00 to 10:59: | 13.8% |
| 11:00 to 11:59: | 3.4% |
| 12:00 to 12:59: | 3.4% |
| 13:00 to 13:59: | 6.9% |
| 14:00 to 14:59: | 3.4% |
| 15:00 to 15:59: | 3.4% |
| 16:00 to 16:59: | 3.4% |
| 17:00 to 17:59: | 3.4% |
| 18:00 to 18:59: | 3.4% |
| 19:00 to 19:59: | 3.4% |
| 20:00 to 20:59: | 6.9% |
| 21:00 to 21:59: | 6.9% |
| 22:00 to 22:59: | 3.4% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.20% |
| 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: | 0.47% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.29% |
| Location | Contribution | |
|---|---|---|
| 104: | BEAMSVILLE, ON | 0.064% |
| 105: | CALEDON, ON | 0.064% |
| 106: | KINGSVILLE, ON | 0.064% |
| 107: | WASAGA BEACH, ON | 0.064% |
| 108: | WALLACEBURG, ON | 0.064% |
| 109: | THOROLD, ON | 0.064% |
| 110: | GODERICH, ON | 0.059% |
| 111: | DELHI, ON | 0.059% |
| 112: | DUNNVILLE, ON | 0.059% |
| 113: | VAUGHAN, ON | 0.059% |
| 114: | PEFFERLAW, ON | 0.057% |
| 1 | Niagara On The Lake, Ontario |
| 2 | Welland, Ontario |
| 3 | Ridgeville, Ontario |
| 4 | Port Colborne, Ontario |
| 5 | Stevensville, Ontario |
| 6 | Fonthill, Ontario |
| 7 | St Catharines, Ontario |
| 8 | Crystal Beach, Ontario |
| 9 | Fort Erie, Ontario |
| 10 | Ridgeway, Ontario |
| 11 | Niagara Falls, Ontario |
| 12 | Fenwick, Ontario |
| 13 | Wellandport, Ontario |
| 14 | Lowbanks, Ontario |
| 15 | Caistor Centre, Ontario |
| 16 | Vineland, Ontario |
| 17 | St Anns, Ontario |
| 18 | Smithville, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.6% | |
| Renewal: | 20.7% | |
| First-time Buyer: | 17.2% | |
| Refinance: | 10.3% | |
| Purchase: | 6.9% | |
| No Money Down: | 6.9% | |
| Variable Rate: | 6.9% | |
| Pre-approval: | 3.4% | |
| Total Application Types Found: 8 | ||
Average age: 34
Oldest age: 46
Youngest age: 23
The amounts below are the average income of applicants living in Thorold who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Thorold: | $46,615.21 |
| applicants within all of Canada: | $58,945.88 |
| Difference: | ($12,330.67) |
| mortgage co-applicants in Thorold: | $47,798.23 |
| co-applicants within all of Canada: | $41,522.27 |
| Difference: | $6,275.96 |
The following table represents the residential status of people living in Thorold 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: | 51.7% | |
| Own: | 44.8% | |
| Live with parents: | 3.4% |
The following table and pie chart represents the marital status of applicants from Thorold, Ontario using the mortgage preapproval application found at the CanEquity web site. In Thorold, approximately 75% of the mortgage applicants are either married or living common-law, while only 24% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 44.8% | |
| Common-law: | 31.0% | |
| Single: | 20.7% | |
| Separated: | 3.4% |
