Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 30.43% | 0.01% |
| 2009: | 8.70% | 0.00% |
| 2008: | 13.04% | 0.01% |
| 2007: | 4.35% | 0.00% |
| 2006: | 17.39% | 0.01% |
| 2004: | 8.70% | 0.00% |
| 2003: | 13.04% | 0.01% |
| 2002: | 4.35% | 0.00% |
In York, inquiries are received 24 hours a day via our web site. The graph shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 30.4% of all mortgages are received during the morning, while 69.6% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 4.3% |
| 07:00 to 07:59: | 4.3% |
| 08:00 to 08:59: | 13.0% |
| 10:00 to 10:59: | 4.3% |
| 11:00 to 11:59: | 4.3% |
| 13:00 to 13:59: | 8.7% |
| 14:00 to 14:59: | 8.7% |
| 15:00 to 15:59: | 13.0% |
| 16:00 to 16:59: | 8.7% |
| 18:00 to 18:59: | 13.0% |
| 19:00 to 19:59: | 13.0% |
| 20:00 to 20:59: | 4.3% |
| 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 | |
|---|---|---|
| 143: | LISTOWEL, ON | 0.045% |
| 144: | BORDEN, ON | 0.045% |
| 145: | ROCKLAND, ON | 0.043% |
| 146: | BLENHEIM, ON | 0.043% |
| 147: | COCHRANE, ON | 0.043% |
| 148: | YORK, ON | 0.043% |
| 149: | ESPANOLA, ON | 0.043% |
| 150: | ST MARYS, ON | 0.042% |
| 151: | WALKERTON, ON | 0.042% |
| 152: | NIAGARA ON THE LAKE, ON | 0.042% |
| 153: | ALMONTE, ON | 0.042% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 39.1% | |
| Purchase: | 21.7% | |
| Qualification: | 17.4% | |
| No Money Down: | 4.3% | |
| Commercial: | 4.3% | |
| Refinance: | 4.3% | |
| HELOC: | 4.3% | |
| Variable Rate: | 4.3% | |
| Total Application Types Found: 8 | ||
Average age: 40
Oldest age: 60
Youngest age: 26
The following figures show the average income of people living in York who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in York: | $50,547.27 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($8,951.19) |
| mortgage co-applicants in York: | $33,720.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($8,683.13) |
The information shown below represents the residential status of people living in York 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: | 60.9% | |
| Own: | 26.1% | |
| No Comment: | 8.7% | |
| Live with parents: | 4.3% |
The pie chart below represents the marital status of applicants from York, Ontario using the mortgage application found at canequity.com. In York, 60% of the mortgage applicants are living common-law or married, while only 39% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 39.1% | |
| Single: | 30.4% | |
| Common-law: | 21.7% | |
| Divorced: | 4.3% | |
| Separated: | 4.3% |
