5,400,000: The number of homeowners with mortgages.
$186 billion: Total estimated new mortgage volume this year (down 14% from 2008).
27%: Percentage of mortgage holders that got a new mortgage, switched their mortgage, or refinanced in the past 12 months.
47%: Ratio of people who got mortgages this year with an amortization over 25 years. (Last year the number was 50%.)
34%: Share of new mortgages arranged by brokers (vs. 35% last year).
88%: Number of people that stayed with their current lender when renewing or refinancing. (Only 12% left! Many of these people lost money by choosing to sign their lender’s renewal letter. Remember, renewals are negotiable. Ask your lender for their best deal and then call a mortgage planner to compare.)
9%: Percentage of Canadians “dissatisfied” with their present mortgage. (For the many who choose to blindly stay with their lender, ignorance is bliss.)