Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 9.04% | * 0.07% |
| 2009: | 10.37% | 0.09% |
| 2008: | 10.90% | 0.09% |
| 2007: | 14.36% | 0.12% |
| 2006: | 11.17% | 0.09% |
| 2005: | 14.10% | 0.12% |
| 2004: | 15.43% | 0.13% |
| 2003: | 9.84% | 0.08% |
| 2002: | 4.79% | 0.04% |
This graph illustrates CanEquity's individual monthly volume history for Internet mortgage applications originating from Windsor, ON.
This graph represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Windsor occur during our first quarter (represented by the brown bars) with 30.85% while our slowest is the fourth quarter (represented by the red bars) with 15.69%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 11.4% | |
| 2: | February: | 11.2% | |
| 3: | April: | 10.6% | |
| 4: | July: | 9.3% | |
| 5: | August: | 9.3% | |
| 6: | May: | 8.5% | |
| 7: | June: | 8.5% | |
| 8: | January: | 8.2% | |
| 9: | September: | 7.2% | |
| 10: | October: | 6.7% | |
| 11: | November: | 5.0% | |
| 12: | December: | 4.0% |
The bar graph below shows 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 Windsor, the day with the most volume, having more than 18.35% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 9.04% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 18.4% | |
| 2: | Wednesday: | 17.6% | |
| 3: | Monday: | 17.0% | |
| 4: | Friday: | 14.6% | |
| 5: | Thursday: | 13.8% | |
| 6: | Sunday: | 9.6% | |
| 7: | Saturday: | 9.0% |
In Windsor, mortgages are received 24 hours a day from the CanEquity web site. The graph shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 33.0% of all mortgages are received before noon, while 65.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.5% |
| 01:00 to 01:59: | 1.1% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.3% |
| 05:00 to 05:59: | 1.6% |
| 06:00 to 06:59: | 2.1% |
| 07:00 to 07:59: | 4.0% |
| 08:00 to 08:59: | 6.1% |
| 09:00 to 09:59: | 5.9% |
| 10:00 to 10:59: | 6.4% |
| 11:00 to 11:59: | 6.4% |
| 12:00 to 12:59: | 9.0% |
| 13:00 to 13:59: | 6.4% |
| 14:00 to 14:59: | 6.1% |
| 15:00 to 15:59: | 5.9% |
| 16:00 to 16:59: | 6.4% |
| 17:00 to 17:59: | 5.6% |
| 18:00 to 18:59: | 6.9% |
| 19:00 to 19:59: | 6.1% |
| 20:00 to 20:59: | 5.1% |
| 21:00 to 21:59: | 4.3% |
| 22:00 to 22:59: | 1.9% |
| 23:00 to 23:59: | 1.6% |
| 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 | |
|---|---|---|
| 005: | LONDON, ON | 1.562% |
| 006: | HAMILTON, ON | 1.507% |
| 007: | KITCHENER, ON | 1.046% |
| 008: | SCARBOROUGH, ON | 0.904% |
| 009: | BARRIE, ON | 0.840% |
| 010: | WINDSOR, ON | 0.825% |
| 011: | BURLINGTON, ON | 0.814% |
| 012: | OAKVILLE, ON | 0.698% |
| 013: | OSHAWA, ON | 0.643% |
| 014: | CAMBRIDGE, ON | 0.630% |
| 015: | GUELPH, ON | 0.612% |
| 1 | Essex, Ontario |
| 2 | Tecumseh, Ontario |
| 3 | South Woodslee, Ontario |
| 4 | Emeryville, Ontario |
| 5 | Mcgregor, Ontario |
| 6 | Maidstone, Ontario |
| 7 | Lasalle, Ontario |
| 8 | Belle River, Ontario |
| 9 | Kingsville, Ontario |
| 10 | Comber, Ontario |
| 11 | Amherstburg, Ontario |
| 12 | Cottam, Ontario |
| 13 | Leamington, Ontario |
| 14 | Ruthven, Ontario |
| 15 | Harrow, Ontario |
| 16 | Tilbury, Ontario |
| 17 | Wheatley, Ontario |
| 18 | Merlin, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.5% | |
| First-time Buyer: | 20.5% | |
| Refinance: | 15.2% | |
| No Money Down: | 13.3% | |
| Renewal: | 10.9% | |
| Purchase: | 8.2% | |
| Variable Rate: | 2.4% | |
| Commercial: | 1.1% | |
| Other: | 3% | |
| Total Application Types Found: 15 | ||
Average age: 36
Oldest age: 76
Youngest age: 20
The information below represents the average income of applicants living in Windsor who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Windsor: | $56,218.43 |
| applicants within all of Canada: | $58,945.88 |
| Difference: | ($2,727.45) |
| mortgage co-applicants in Windsor: | $41,251.53 |
| co-applicants within all of Canada: | $41,522.27 |
| Difference: | ($270.74) |
The chart and pie-graph below depicts the residential status of people living in Windsor who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 43.1% | |
| Own: | 46.0% | |
| Other: | 1.6% | |
| No Comment: | 3.2% | |
| Live with parents: | 6.1% |
The following table and pie chart represents the marital status of applicants from Windsor, Ontario using the mortgage application located at the CanEquity web site. In Windsor, 60% of the mortgage applicants are living common-law or married, while only 38% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 51.3% | |
| Single: | 30.3% | |
| Common-law: | 9.3% | |
| Separated: | 5.9% | |
| Divorced: | 2.4% | |
| Widowed: | 0.8% |
