header-June 2021 nesto-meter report

Digital Mortgage Industry Research > June 2021 nesto-meter report

June 16th 2021 – presented by: Chase Belair, Co-Founder and Principal Broker at nesto

You can download the report below for easy browsing!

 


Key takeaways

  • In the last month, only our best fixed rates have changed, decreasing once in Quebec, and twice in the rest of Canada. Our best variable rate remained at 1.20% (prime -1.25%).

  • In May 2021, we saw increased interest in new purchase volume, and a decrease in refinance and renewal volume.

  • Even with record numbers in April, our overall mortgage requests for the month of May are up another 17%.

  • 50% of our users between the ages 35 and 39 are still first time home buyers.

  • The proportion of our users that do not know their credit score increases with age.

  • Compared to April 2021, approval delays in Ontario are improving across the board.


Click below to download our June report!

The nesto-meter June 2021

 

 

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