Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 3.85% | 0.00% |
| 2010: | 15.39% | 0.01% |
| 2009: | 3.85% | 0.00% |
| 2008: | 11.54% | 0.01% |
| 2005: | 3.85% | 0.00% |
| 2004: | 30.77% | 0.01% |
| 2003: | 30.77% | 0.01% |
The graph below illustrates the busy days for Internet 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 Tottenham the busiest day of the week, with 34.62% of all inquiries, is Tuesday. In comparison, Thursday's are the slowest day with only 3.85% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 34.6% | |
| 2: | Monday: | 15.4% | |
| 3: | Wednesday: | 15.4% | |
| 4: | Friday: | 11.5% | |
| 5: | Sunday: | 11.5% | |
| 6: | Saturday: | 7.7% | |
| 7: | Thursday: | 3.9% |
Mortgage applications are received 24 hours a day on the CanEquity web site. The graph shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 38.5% of all mortgages are received before noon, while 61.5% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 3.8% |
| 07:00 to 07:59: | 11.5% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 11.5% |
| 10:00 to 10:59: | 7.7% |
| 12:00 to 12:59: | 7.7% |
| 13:00 to 13:59: | 3.8% |
| 14:00 to 14:59: | 7.7% |
| 16:00 to 16:59: | 11.5% |
| 17:00 to 17:59: | 3.8% |
| 19:00 to 19:59: | 7.7% |
| 20:00 to 20:59: | 11.5% |
| 21:00 to 21:59: | 3.8% |
| 23:00 to 23:59: | 3.8% |
| 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 | |
|---|---|---|
| 128: | PEFFERLAW, ON | 0.049% |
| 129: | KAPUSKASING, ON | 0.049% |
| 130: | KENORA, ON | 0.049% |
| 131: | PORT ELGIN, ON | 0.049% |
| 132: | RENFREW, ON | 0.049% |
| 133: | TOTTENHAM, ON | 0.049% |
| 134: | BRIGHTON, ON | 0.049% |
| 135: | CHELMSFORD, ON | 0.047% |
| 136: | ARNPRIOR, ON | 0.047% |
| 137: | KINCARDINE, ON | 0.047% |
| 138: | PORT DOVER, ON | 0.047% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 19.2% | |
| Renewal: | 19.2% | |
| No Money Down: | 11.5% | |
| Purchase: | 11.5% | |
| Refinance: | 11.5% | |
| First-time Buyer: | 7.7% | |
| Commercial: | 3.8% | |
| Recreational: | 3.8% | |
| Equity Mortgage: | 3.8% | |
| Investment: | 3.8% | |
| Variable Rate: | 3.8% | |
| Total Application Types Found: 11 | ||
Average age: 35
Oldest age: 67
Youngest age: 19
The numbers below represent the average income of applicants living in Tottenham who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Tottenham: | $59,038.46 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($460.00) |
| mortgage co-applicants in Tottenham: | $40,611.11 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($1,792.02) |
The chart and pie-graph below depicts the residential status of people living in Tottenham who have applied for a mortgage loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 23.1% | |
| Own: | 69.2% | |
| Other: | 7.7% |
The following table and pie chart represents the marital status of applicants from Tottenham, Ontario using the mortgage preapproval application located at canequity.com. Approximately 84% of the mortgage applicants are either married or living common-law, while only 15% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Common-law: | 46.2% | |
| Married: | 38.5% | |
| Single: | 11.5% | |
| Divorced: | 3.8% |
