Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 35.00% | 0.01% |
| 2009: | 40.00% | 0.01% |
| 2008: | 5.00% | 0.00% |
| 2006: | 10.00% | 0.00% |
| 2005: | 5.00% | 0.00% |
| 2004: | 5.00% | 0.00% |
Mortgage applications are received 24 hours a day on the CanEquity web site. The following represents the peak hours in the day. The data is taken from all days of all years. Only 25.0% of all mortgages are received during the morning, while 75.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 5.0% |
| 07:00 to 07:59: | 5.0% |
| 09:00 to 09:59: | 5.0% |
| 10:00 to 10:59: | 5.0% |
| 11:00 to 11:59: | 5.0% |
| 12:00 to 12:59: | 10.0% |
| 14:00 to 14:59: | 15.0% |
| 15:00 to 15:59: | 5.0% |
| 16:00 to 16:59: | 5.0% |
| 17:00 to 17:59: | 5.0% |
| 18:00 to 18:59: | 15.0% |
| 19:00 to 19:59: | 5.0% |
| 20:00 to 20:59: | 5.0% |
| 21:00 to 21:59: | 5.0% |
| 22:00 to 22:59: | 5.0% |
| 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 | |
|---|---|---|
| 152: | NIAGARA ON THE LAKE, ON | 0.042% |
| 153: | ALMONTE, ON | 0.042% |
| 154: | SHELBURNE, ON | 0.042% |
| 155: | PENETANGUISHENE, ON | 0.040% |
| 156: | ESSEX, ON | 0.040% |
| 157: | WAWA, ON | 0.038% |
| 158: | FORT FRANCES, ON | 0.038% |
| 159: | CORUNNA, ON | 0.038% |
| 160: | MOUNT ALBERT, ON | 0.036% |
| 161: | SIOUX LOOKOUT, ON | 0.036% |
| 162: | GARSON, ON | 0.036% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 35.0% | |
| First-time Buyer: | 25.0% | |
| Purchase: | 20.0% | |
| Refinance: | 15.0% | |
| HELOC: | 5.0% | |
| Total Application Types Found: 5 | ||
Average age: 41
Oldest age: 59
Youngest age: 25
The numbers below represent the average income of applicants living in Wawa who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Wawa: | $45,666.67 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($13,831.80) |
The following table represents the residential status of people living in Wawa who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.0% | |
| Own: | 45.0% | |
| Other: | 10.0% |
The following information represents the marital status of applicants from Wawa, Ontario using the mortgage application found on the CanEquity Mortgage web site. Over 30% of the mortgage applicants are living with someone, while only 60% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 30.0% | |
| Separated: | 25.0% | |
| Married: | 25.0% | |
| Widowed: | 10.0% | |
| Divorced: | 5.0% | |
| Common-law: | 5.0% |
