Ajax Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 10.09% | * 0.04% |
| 2007: | 16.51% | 0.06% |
| 2006: | 13.76% | 0.05% |
| 2005: | 16.51% | 0.06% |
| 2004: | 17.43% | 0.06% |
| 2003: | 19.27% | 0.07% |
| 2002: | 6.42% | 0.02% |
The bar graph below represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Ajax mostly occur during our first quarter (represented by the brown bars) with 31.19% while our slowest is the fourth quarter (represented by the red bars) with 21.10%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 12.8% | |
| 2: | March: | 11.0% | |
| 3: | September: | 11.0% | |
| 4: | October: | 10.1% | |
| 5: | April: | 9.2% | |
| 6: | May: | 8.3% | |
| 7: | January: | 7.3% | |
| 8: | November: | 6.4% | |
| 9: | July: | 6.4% | |
| 10: | August: | 6.4% | |
| 11: | June: | 6.4% | |
| 12: | December: | 4.6% |
The graph below plots the busy days for Internet 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 Ajax, the day with the most volume, generating 22.94% of all inquiries, is Tuesday. In comparison, Friday's are the slowest day with only 6.42% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 22.9% | |
| 2: | Thursday: | 19.3% | |
| 3: | Monday: | 16.5% | |
| 4: | Saturday: | 12.8% | |
| 5: | Sunday: | 11.9% | |
| 6: | Wednesday: | 10.1% | |
| 7: | Friday: | 6.4% |
Mortgage applications are received 24 hours a day via the CanEquity web site. The following represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 43.1% of all mortgages are received during the morning, while 56.9% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 3.7% |
| 06:00 to 06:59: | 3.7% |
| 07:00 to 07:59: | 2.8% |
| 08:00 to 08:59: | 7.3% |
| 09:00 to 09:59: | 6.4% |
| 10:00 to 10:59: | 10.1% |
| 11:00 to 11:59: | 9.2% |
| 12:00 to 12:59: | 11.0% |
| 13:00 to 13:59: | 4.6% |
| 14:00 to 14:59: | 6.4% |
| 15:00 to 15:59: | 0.9% |
| 16:00 to 16:59: | 7.3% |
| 17:00 to 17:59: | 2.8% |
| 18:00 to 18:59: | 10.1% |
| 19:00 to 19:59: | 2.8% |
| 20:00 to 20:59: | 1.8% |
| 21:00 to 21:59: | 5.5% |
| 22:00 to 22:59: | 2.8% |
| 23:00 to 23:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.49% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.77% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.60% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 023: | PETERBOROUGH, ON | 0.379% |
| 024: | THUNDER BAY, ON | 0.376% |
| 025: | NIAGARA FALLS, ON | 0.372% |
| 026: | WHITBY, ON | 0.369% |
| 027: | SAULT STE MARIE, ON | 0.366% |
| 028: | AJAX, ON | 0.362% |
| 029: | WATERLOO, ON | 0.342% |
| 030: | PICKERING, ON | 0.339% |
| 031: | SUDBURY, ON | 0.319% |
| 032: | NEWMARKET, ON | 0.299% |
| 033: | NEPEAN, ON | 0.299% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 27.5% | |
| Qualification: | 21.1% | |
| First-time Buyer: | 19.3% | |
| Renewal: | 9.2% | |
| No Money Down: | 5.5% | |
| Purchase: | 5.5% | |
| Variable Rate: | 3.7% | |
| Investment: | 2.8% | |
| Commercial: | 1.8% | |
| Fixed Rate: | 0.9% | |
| Pre-approval: | 0.9% | |
| Second Mortgage: | 0.9% | |
| Recreational: | 0.9% | |
| Total Application Types Found: 13 | ||
Average age: 39
Oldest age: 68
Youngest age: 20
The following depicts the average income of applicants living in Ajax who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ajax: | $58,699.08 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $2,351.59 |
| mortgage co-applicants in Ajax: | $37,939.15 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | ($1,391.55) |
The pie chart below shows the residential status of people living in Ajax who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.4% | |
| Own: | 64.2% | |
| Other: | 1.8% | |
| No Comment: | 1.8% | |
| Live with parents: | 3.7% |
The information below shows the marital status of applicants from Ajax, Ontario using the preapproval application found at canequity.com. Over 66% of the mortgage applicants are either married or living common-law, while only 33% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.8% | |
| Single: | 25.7% | |
| Common-law: | 8.3% | |
| Separated: | 6.4% | |
| Divorced: | 1.8% |
