Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 3.70% | 0.00% |
| 2010: | 18.52% | 0.02% |
| 2009: | 16.67% | 0.02% |
| 2008: | 9.26% | 0.01% |
| 2007: | 7.41% | 0.01% |
| 2006: | 7.41% | 0.01% |
| 2005: | 7.41% | 0.01% |
| 2004: | 16.67% | 0.02% |
| 2003: | 7.41% | 0.01% |
| 2002: | 5.56% | 0.01% |
This bar graph displays the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Pierrefonds occur during our third quarter (represented by the blue bars) with 29.63% while our slowest is the second quarter (represented by the green bars) with 22.22%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 11.1% | |
| 2: | October: | 11.1% | |
| 3: | September: | 11.1% | |
| 4: | November: | 9.3% | |
| 5: | April: | 9.3% | |
| 6: | July: | 9.3% | |
| 7: | March: | 9.3% | |
| 8: | August: | 9.3% | |
| 9: | June: | 7.4% | |
| 10: | May: | 5.6% | |
| 11: | December: | 5.6% | |
| 12: | February: | 1.9% |
The graph below compares the busy days for online inquiries that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Pierrefonds the busiest day, with approximately 25.93% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 9.26% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 25.9% | |
| 2: | Tuesday: | 20.4% | |
| 3: | Thursday: | 14.8% | |
| 4: | Monday: | 11.1% | |
| 5: | Friday: | 9.3% | |
| 6: | Saturday: | 9.3% | |
| 7: | Sunday: | 9.3% |
In Pierrefonds, inquiries are received 24 hours a day on our web site. The report shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 1.9% |
| 04:00 to 04:59: | 1.9% |
| 06:00 to 06:59: | 1.9% |
| 07:00 to 07:59: | 3.7% |
| 08:00 to 08:59: | 5.6% |
| 09:00 to 09:59: | 13.0% |
| 10:00 to 10:59: | 11.1% |
| 11:00 to 11:59: | 9.3% |
| 12:00 to 12:59: | 5.6% |
| 13:00 to 13:59: | 11.1% |
| 14:00 to 14:59: | 7.4% |
| 15:00 to 15:59: | 5.6% |
| 16:00 to 16:59: | 9.3% |
| 17:00 to 17:59: | 1.9% |
| 18:00 to 18:59: | 3.7% |
| 19:00 to 19:59: | 1.9% |
| 20:00 to 20:59: | 3.7% |
| 22:00 to 22:59: | 1.9% |
| 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 | |
|---|---|---|
| 001: | MONTREAL, QC | 0.829% |
| 002: | GATINEAU, QC | 0.444% |
| 003: | LAVAL, QC | 0.198% |
| 004: | DOLLARD-DES-ORMEAUX, QC | 0.117% |
| 005: | BROSSARD, QC | 0.102% |
| 006: | PIERREFONDS, QC | 0.102% |
| 007: | LASALLE, QC | 0.096% |
| 008: | QUEBEC CITY, QC | 0.072% |
| 009: | SAINT-LAURENT, QC | 0.070% |
| 010: | LONGUEUIL, QC | 0.062% |
| 011: | POINTE-CLAIRE, QC | 0.059% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 24.1% | |
| Qualification: | 18.5% | |
| First-time Buyer: | 16.7% | |
| Renewal: | 14.8% | |
| Purchase: | 9.3% | |
| Pre-approval: | 5.6% | |
| No Money Down: | 3.7% | |
| Commercial: | 3.7% | |
| Equity Mortgage: | 1.9% | |
| Second Mortgage: | 1.9% | |
| Total Application Types Found: 10 | ||
Average age: 40
Oldest age: 70
Youngest age: 24
The amounts shown below represent the average income of applicants living in Pierrefonds who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Pierrefonds: | $53,217.71 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($6,280.76) |
| mortgage co-applicants in Pierrefonds: | $40,146.67 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($2,256.46) |
The pie chart below shows the residential status of people living in Pierrefonds 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: | 31.5% | |
| Own: | 50.0% | |
| Other: | 7.4% | |
| No Comment: | 7.4% | |
| Live with parents: | 3.7% |
The pie chart below represents the marital status of applicants from Pierrefonds, Quebec using the online mortgage application found at canequity.com. Over 61% of the mortgage applicants are either married or living common-law, while only 37% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 44.4% | |
| Single: | 22.2% | |
| Common-law: | 16.7% | |
| Divorced: | 13.0% | |
| Separated: | 1.9% | |
| Widowed: | 1.9% |
