Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 14.29% | 0.02% |
| 2010: | 12.99% | 0.02% |
| 2009: | 12.99% | 0.02% |
| 2008: | 10.39% | 0.01% |
| 2007: | 11.69% | 0.02% |
| 2006: | 6.49% | 0.01% |
| 2005: | 10.39% | 0.01% |
| 2004: | 9.09% | 0.01% |
| 2003: | 11.69% | 0.02% |
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 Trenton seem to occur during our first quarter (represented by the brown bars) with 33.77% while our slowest is the second quarter (represented by the green bars) with 19.48%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 16.9% | |
| 2: | March: | 14.3% | |
| 3: | August: | 10.4% | |
| 4: | November: | 9.1% | |
| 5: | April: | 9.1% | |
| 6: | May: | 7.8% | |
| 7: | December: | 7.8% | |
| 8: | July: | 7.8% | |
| 9: | September: | 7.8% | |
| 10: | October: | 3.9% | |
| 11: | February: | 2.6% | |
| 12: | June: | 2.6% |
The information below compares the busy days for online 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 Trenton the busiest day, with 22.08% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 7.79% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 22.1% | |
| 2: | Sunday: | 19.5% | |
| 3: | Tuesday: | 18.2% | |
| 4: | Monday: | 11.7% | |
| 5: | Friday: | 11.7% | |
| 6: | Thursday: | 9.1% | |
| 7: | Saturday: | 7.8% |
Mortgage inquiries are received 24 hours a day via the CanEquity 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. Only 39.0% of all mortgages are received during the morning, while 59.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 1.3% |
| 04:00 to 04:59: | 3.9% |
| 05:00 to 05:59: | 5.2% |
| 06:00 to 06:59: | 1.3% |
| 07:00 to 07:59: | 5.2% |
| 08:00 to 08:59: | 2.6% |
| 09:00 to 09:59: | 7.8% |
| 10:00 to 10:59: | 5.2% |
| 11:00 to 11:59: | 7.8% |
| 12:00 to 12:59: | 3.9% |
| 13:00 to 13:59: | 7.8% |
| 14:00 to 14:59: | 2.6% |
| 15:00 to 15:59: | 10.4% |
| 16:00 to 16:59: | 5.2% |
| 17:00 to 17:59: | 6.5% |
| 18:00 to 18:59: | 10.4% |
| 19:00 to 19:59: | 6.5% |
| 20:00 to 20:59: | 2.6% |
| 21:00 to 21:59: | 3.9% |
| 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 | |
|---|---|---|
| 053: | KESWICK, ON | 0.153% |
| 054: | GEORGETOWN, ON | 0.153% |
| 055: | BOWMANVILLE, ON | 0.151% |
| 056: | STRATFORD, ON | 0.145% |
| 057: | DUNDAS, ON | 0.145% |
| 058: | TRENTON, ON | 0.145% |
| 059: | SIMCOE, ON | 0.136% |
| 060: | MAPLE, ON | 0.134% |
| 061: | COBOURG, ON | 0.132% |
| 062: | LINDSAY, ON | 0.132% |
| 063: | STRATHROY, ON | 0.126% |
| 1 | Frankford, Ontario |
| 2 | Carrying Place, Ontario |
| 3 | Foxboro, Ontario |
| 4 | Wooler, Ontario |
| 5 | Belleville, Ontario |
| 6 | Corbyville, Ontario |
| 7 | Tweed, Ontario |
| 8 | Codrington, Ontario |
| 9 | Milford, Ontario |
| 10 | Bloomfield, Ontario |
| 11 | Madoc, Ontario |
| 12 | Roslin, Ontario |
| 13 | Shannonville, Ontario |
| 14 | Demorestville, Ontario |
| 15 | Brighton, Ontario |
| 16 | Stirling, Ontario |
| 17 | Plainfield, Ontario |
| 18 | Picton, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 26.0% | |
| Qualification: | 24.7% | |
| No Money Down: | 20.8% | |
| Refinance: | 13.0% | |
| Purchase: | 7.8% | |
| Renewal: | 3.9% | |
| Fixed Rate: | 1.3% | |
| Pre-approval: | 1.3% | |
| Commercial: | 1.3% | |
| Total Application Types Found: 9 | ||
Average age: 36
Oldest age: 64
Youngest age: 19
The numbers below represent the average income of Canadians living in Trenton who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Trenton: | $55,107.97 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($4,390.49) |
| mortgage co-applicants in Trenton: | $35,916.67 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($6,486.46) |
The information shown below represents the residential status of people living in Trenton who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 64.9% | |
| Own: | 32.5% | |
| Other: | 1.3% | |
| No Comment: | 1.3% |
The pie chart below represents the marital status of applicants from Trenton, Ontario using the online mortgage application located at canequity.com. In Trenton, over 70% of the mortgage applicants are living together with someone, while only 29% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 48.1% | |
| Single: | 24.7% | |
| Common-law: | 22.1% | |
| Divorced: | 2.6% | |
| Separated: | 2.6% |
