Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 11.32% | 0.01% |
| 2010: | 15.09% | 0.01% |
| 2009: | 15.09% | 0.01% |
| 2008: | 3.77% | 0.00% |
| 2007: | 18.87% | 0.02% |
| 2006: | 3.77% | 0.00% |
| 2005: | 11.32% | 0.01% |
| 2004: | 7.55% | 0.01% |
| 2003: | 9.43% | 0.01% |
| 2002: | 3.77% | 0.00% |
The graph below shows the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Tillsonburg occur during our first quarter (represented by the brown bars) with 26.42% while our slowest is the third quarter (represented by the blue bars) with 22.64%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 13.2% | |
| 2: | June: | 13.2% | |
| 3: | February: | 9.4% | |
| 4: | August: | 9.4% | |
| 5: | October: | 9.4% | |
| 6: | September: | 9.4% | |
| 7: | November: | 7.5% | |
| 8: | May: | 7.5% | |
| 9: | December: | 7.5% | |
| 10: | April: | 5.7% | |
| 11: | January: | 3.8% | |
| 12: | July: | 3.8% |
The bar graph listed below displays the busy days for online inquiries that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Tillsonburg the busiest day, with 26.42% of all inquiries, is Friday. In comparison, Thursday's are the slowest day with only 5.66% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Friday: | 26.4% | |
| 2: | Tuesday: | 22.6% | |
| 3: | Monday: | 15.1% | |
| 4: | Sunday: | 13.2% | |
| 5: | Saturday: | 11.3% | |
| 6: | Wednesday: | 5.7% | |
| 7: | Thursday: | 5.7% |
Inquiries are received 24 hours a day on the CanEquity web site. The information shown below represents the rush hours in the day. The data is taken from all days of all years. Only 32.1% of all mortgages are received during the morning, while 67.9% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 1.9% |
| 07:00 to 07:59: | 1.9% |
| 08:00 to 08:59: | 1.9% |
| 09:00 to 09:59: | 13.2% |
| 10:00 to 10:59: | 11.3% |
| 11:00 to 11:59: | 1.9% |
| 12:00 to 12:59: | 1.9% |
| 13:00 to 13:59: | 9.4% |
| 14:00 to 14:59: | 3.8% |
| 15:00 to 15:59: | 11.3% |
| 16:00 to 16:59: | 5.7% |
| 17:00 to 17:59: | 11.3% |
| 18:00 to 18:59: | 3.8% |
| 19:00 to 19:59: | 7.5% |
| 20:00 to 20:59: | 5.7% |
| 21:00 to 21:59: | 5.7% |
| 22:00 to 22:59: | 1.9% |
| 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 | |
|---|---|---|
| 067: | PETAWAWA, ON | 0.113% |
| 068: | ANCASTER, ON | 0.106% |
| 069: | COLLINGWOOD, ON | 0.106% |
| 070: | INNISFIL, ON | 0.102% |
| 071: | BOLTON, ON | 0.102% |
| 072: | TILLSONBURG, ON | 0.100% |
| 073: | ALLISTON, ON | 0.100% |
| 074: | COURTICE, ON | 0.100% |
| 075: | GRIMSBY, ON | 0.098% |
| 076: | PORT HOPE, ON | 0.098% |
| 077: | LASALLE, ON | 0.098% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 20.8% | |
| Refinance: | 20.8% | |
| Qualification: | 15.1% | |
| First-time Buyer: | 13.2% | |
| Purchase: | 11.3% | |
| Renewal: | 9.4% | |
| Commercial: | 3.8% | |
| Pre-approval: | 1.9% | |
| Transfer: | 1.9% | |
| Variable Rate: | 1.9% | |
| Total Application Types Found: 10 | ||
Average age: 36
Oldest age: 57
Youngest age: 19
The figures below represent the average income of applicants living in Tillsonburg who have applied for a loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Tillsonburg: | $46,610.55 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($12,887.91) |
| mortgage co-applicants in Tillsonburg: | $29,180.80 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($13,222.33) |
The pie chart below shows the residential status of people living in Tillsonburg who have submitted an inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 58.5% | |
| Own: | 39.6% | |
| No Comment: | 1.9% |
The following pie chart represents the marital status of applicants from Tillsonburg, Ontario using the preapproval application found at the CanEquity web site. 66% of the mortgage applicants are either married or living common-law, while only 33% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.9% | |
| Single: | 26.4% | |
| Common-law: | 15.1% | |
| Divorced: | 5.7% | |
| Separated: | 1.9% |
