Ancaster Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Have an idea or suggestion on improving the Ancaster mortgage stats page, please send us an e-mail.
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 13.04% | * 0.01% |
| 2007: | 17.39% | 0.01% |
| 2006: | 21.74% | 0.02% |
| 2005: | 8.70% | 0.01% |
| 2004: | 13.04% | 0.01% |
| 2003: | 21.74% | 0.02% |
| 2002: | 4.35% | 0.00% |
In Ancaster, applications are received 24 hours a day from our web site. The time periods below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 4.3% |
| 07:00 to 07:59: | 8.7% |
| 08:00 to 08:59: | 8.7% |
| 09:00 to 09:59: | 13.0% |
| 10:00 to 10:59: | 13.0% |
| 11:00 to 11:59: | 13.0% |
| 12:00 to 12:59: | 8.7% |
| 13:00 to 13:59: | 8.7% |
| 15:00 to 15:59: | 4.3% |
| 18:00 to 18:59: | 4.3% |
| 19:00 to 19:59: | 4.3% |
| 21:00 to 21:59: | 4.3% |
| 22:00 to 22:59: | 4.3% |
| 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 | |
|---|---|---|
| 085: | MIDLAND, ON | 0.083% |
| 086: | PORT PERRY, ON | 0.080% |
| 087: | PEMBROKE, ON | 0.080% |
| 088: | PORT COLBORNE, ON | 0.076% |
| 089: | INGERSOLL, ON | 0.076% |
| 090: | ANCASTER, ON | 0.076% |
| 091: | HUNTSVILLE, ON | 0.076% |
| 092: | EAST YORK, ON | 0.073% |
| 093: | ACTON, ON | 0.073% |
| 094: | PARIS, ON | 0.070% |
| 095: | STOUFFVILLE, ON | 0.070% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 21.7% | |
| Renewal: | 17.4% | |
| Refinance: | 17.4% | |
| First-time Buyer: | 13.0% | |
| No Money Down: | 8.7% | |
| Purchase: | 8.7% | |
| Low Doc: | 4.3% | |
| Pre-approval: | 4.3% | |
| Investment: | 4.3% | |
| Total Application Types Found: 9 | ||
Average age: 39
Oldest age: 55
Youngest age: 23
The following figures show the average income of Canadians living in Ancaster who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ancaster: | $91,353.91 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $35,006.42 |
| mortgage co-applicants in Ancaster: | $49,325.00 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | $9,994.30 |
Since the average income of Ancaster is substantially higher than the national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Ancaster: | $72,000.00 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $15,652.50 |
The following depicts the residential status of people living in Ancaster who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 34.8% | |
| Own: | 52.2% | |
| No Comment: | 4.3% | |
| Live with parents: | 8.7% |
The following pie chart represents the marital status of applicants from Ancaster, Ontario using the mortgage preapproval application located at canequity.com. In Ancaster, approximately 73% of the mortgage applicants are living with someone, while only 26% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 65.2% | |
| Single: | 21.7% | |
| Common-law: | 8.7% | |
| Separated: | 4.3% |
