Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 12.86% | * 0.06% |
| 2009: | 22.38% | 0.10% |
| 2008: | 15.24% | 0.07% |
| 2007: | 14.29% | 0.07% |
| 2006: | 11.90% | 0.06% |
| 2005: | 10.48% | 0.05% |
| 2004: | 9.52% | 0.04% |
| 2003: | 3.33% | 0.01% |
The following represents the individual monthly volume history for Internet mortgage applications originating from Gatineau, QC.
The 6-year bar graph below illustrates the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Gatineau seem to occur during our first quarter (represented by the brown bars) with 33.33% while our slowest is the fourth quarter (represented by the red bars) with 18.10%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 14.3% | |
| 2: | January: | 11.9% | |
| 3: | April: | 11.4% | |
| 4: | May: | 9.5% | |
| 5: | November: | 8.6% | |
| 6: | July: | 7.6% | |
| 7: | February: | 7.1% | |
| 8: | August: | 7.1% | |
| 9: | September: | 6.7% | |
| 10: | June: | 6.2% | |
| 11: | December: | 4.8% | |
| 12: | October: | 4.8% |
The information below shows the busy days for online applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Gatineau the busiest day of the week, with 20.95% of all inquiries, is Tuesday. In comparison, Sunday's are the slowest day with only 9.05% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.9% | |
| 2: | Thursday: | 18.6% | |
| 3: | Wednesday: | 17.1% | |
| 4: | Monday: | 14.3% | |
| 5: | Saturday: | 10.9% | |
| 6: | Friday: | 9.1% | |
| 7: | Sunday: | 9.1% |
In Gatineau, inquiries are received 24 hours a day from the CanEquity web site. The time periods below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.9% |
| 01:00 to 01:59: | 0.5% |
| 03:00 to 03:59: | 0.5% |
| 04:00 to 04:59: | 0.5% |
| 05:00 to 05:59: | 0.5% |
| 06:00 to 06:59: | 3.3% |
| 07:00 to 07:59: | 6.7% |
| 08:00 to 08:59: | 9.0% |
| 09:00 to 09:59: | 7.6% |
| 10:00 to 10:59: | 8.6% |
| 11:00 to 11:59: | 10.5% |
| 12:00 to 12:59: | 7.1% |
| 13:00 to 13:59: | 4.8% |
| 14:00 to 14:59: | 9.0% |
| 15:00 to 15:59: | 2.4% |
| 16:00 to 16:59: | 2.4% |
| 17:00 to 17:59: | 4.8% |
| 18:00 to 18:59: | 3.3% |
| 19:00 to 19:59: | 5.7% |
| 20:00 to 20:59: | 3.8% |
| 21:00 to 21:59: | 4.3% |
| 22:00 to 22:59: | 1.4% |
| 23:00 to 23:59: | 1.4% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.21% |
| 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: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 001: | MONTREAL, QC | 0.894% |
| 002: | GATINEAU, QC | 0.461% |
| 003: | LAVAL, QC | 0.200% |
| 004: | DOLLARD-DES-ORMEAUX, QC | 0.132% |
| 005: | PIERREFONDS, QC | 0.108% |
| 006: | BROSSARD, QC | 0.103% |
| 007: | LASALLE, QC | 0.094% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 20.5% | |
| First-time Buyer: | 17.6% | |
| Refinance: | 16.2% | |
| No Money Down: | 15.2% | |
| Renewal: | 10.0% | |
| Purchase: | 10.0% | |
| Pre-approval: | 3.8% | |
| Investment: | 2.4% | |
| Variable Rate: | 1.9% | |
| Low Doc: | 1.0% | |
| Other: | 1.5% | |
| Total Application Types Found: 13 | ||
Average age: 37
Oldest age: 64
Youngest age: 21
The amounts shown below represent the average income of Canadians living in Gatineau who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Gatineau: | $60,383.03 |
| applicants within all of Canada: | $58,950.13 |
| Difference: | $1,432.91 |
| mortgage co-applicants in Gatineau: | $43,228.58 |
| co-applicants within all of Canada: | $41,517.38 |
| Difference: | $1,711.20 |
The following table represents the residential status of people living in Gatineau who have applied for a loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 42.4% | |
| Own: | 51.9% | |
| Other: | 1.9% | |
| Live with parents: | 3.8% |
The information below shows the marital status of applicants from Gatineau, Quebec using the mortgage preapproval application located at canequity.com. In Gatineau, 62% of the mortgage applicants are living together with someone, while only 36% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.9% | |
| Single: | 29.0% | |
| Common-law: | 19.5% | |
| Separated: | 4.8% | |
| Divorced: | 2.4% | |
| Widowed: | 1.4% |
