Last report update for Aurora: Tuesday, May 6, 2008
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Aurora Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from Aurora

Year Year to Year
Comparison
** National
Contribution
2008: * 9.09% * 0.02%
2007: 25.45% 0.05%
2006: 25.45% 0.05%
2005: 7.27% 0.01%
2004: 20.00% 0.04%
2003: 9.09% 0.02%
2002: 3.64% 0.01%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 23.64% and 0.04% respectively. ** Total national contribution of Aurora mortgages in the past is currently 0.19% with a projected target of 0.21%.

Busy Months for Online Applications within Aurora

The graph below depicts the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Aurora seem to occur during our first quarter (represented by the brown bars) with 34.55% while our slowest is the fourth quarter (represented by the red bars) with 16.36%.

RankMonth Percentage
of Inquiries
1: February: 14.6%
2: May: 10.9%
3: July: 10.9%
4: March: 10.9%
5: January: 9.1%
6: April: 9.1%
7: August: 9.1%
8: October: 9.1%
9: November: 7.3%
10: June: 5.5%
11: September: 3.6%
12: December: 0.0%
Busy Months Report for Aurora Mortgages

Busy Days for Online Mortgages within Aurora

The information below plots the busy days for Internet mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Aurora, the day with the most volume, generating 27.27% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 5.45% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 27.3%
2: Wednesday: 16.4%
3: Tuesday: 14.6%
4: Friday: 14.6%
5: Thursday: 10.9%
6: Sunday: 10.9%
7: Saturday: 5.5%
Busy Days Report for Aurora Mortgages

Peak Hours for Mortgages within Aurora

Mortgage applications are received 24 hours a day on the CanEquity web site. The statistics shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 43.6% of all mortgages are received before noon, while 56.4% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
08:00 to 08:59: 7.3%
09:00 to 09:59: 10.9%
10:00 to 10:59: 14.5%
11:00 to 11:59: 10.9%
12:00 to 12:59: 7.3%
13:00 to 13:59: 9.1%
14:00 to 14:59: 9.1%
15:00 to 15:59: 1.8%
16:00 to 16:59: 3.6%
17:00 to 17:59: 5.5%
18:00 to 18:59: 7.3%
19:00 to 19:59: 5.5%
20:00 to 20:59: 3.6%
22:00 to 22:59: 1.8%
23:00 to 23:59: 1.8%
Peak Hours Graph for Mortgages in Aurora

Note: Only hours that have had mortgages from Aurora, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


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%
Aurora Mortgages

Current City Standing within Ontario


Location Contribution
047:  ORILLIA, ON 0.209%
048:  ST THOMAS, ON 0.209%
049:  TIMMINS, ON 0.193%
050:  GEORGETOWN, ON 0.189%
051:  ORANGEVILLE, ON 0.186%
052:  AURORA, ON 0.183%
053:  STRATFORD, ON 0.166%
054:  KESWICK, ON 0.163%
055:  BOWMANVILLE, ON 0.163%
056:  BROCKVILLE, ON 0.163%
057:  DUNDAS, ON 0.143%

Nearest Settlements


1Gormley, Ontario
2Sharon, Ontario
3Newmarket, Ontario
4Bradford, Ontario
5King City, Ontario
6Maple, Ontario
7Richmond Hill, Ontario
8Markham, Ontario
9Downsview, Ontario
10Bolton, Ontario
11Holland Landing, Ontario
12Cookstown, Ontario
13Unionville, Ontario
14Concord, Ontario
15Woodbridge, Ontario
16Caledon, Ontario
17Tottenham, Ontario
18Everett, Ontario
19Schomberg, Ontario
20Palgrave, Ontario
21Borden, Ontario
22Pickering, Ontario
23Badjeros, Ontario
24Lisle, Ontario
25Loretto, Ontario
26Goodwood, Ontario
27Stouffville, Ontario
28Shelburne, Ontario
29Scarborough, Ontario
30Keswick, Ontario
31Kleinburg, Ontario
32Claremont, Ontario
33Greenwood, Ontario
34Uxbridge, Ontario
35Cheltenham, Ontario
36Sutton, Ontario
37Stayner, Ontario
38Angus, Ontario
39Thornhill, Ontario
40Mount Albert, Ontario
41Beeton, Ontario
42Alliston, Ontario
43Willowdale, Ontario
44Alton, Ontario
45Ajax, Ontario
46Ashburn, Ontario
47Hillsburgh, Ontario
48Don Mills, Ontario
49East York, Ontario
50North York, Ontario
51Orangeville, Ontario
52Vaughan, Ontario
53Sandford, Ontario
54Brampton, Ontario
55Fergus, Ontario
56Utopia, Ontario
57Willow Beach, Ontario
58Georgetown, Ontario
59Brooklin, Ontario
60Elora, Ontario
61Toronto, Ontario
62Erin, Ontario
63York, Ontario
64Etobicoke, Ontario
65New Lowell, Ontario
66Oshawa, Ontario
67Whitby, Ontario
68Grand Valley, Ontario
69Halton Hills, Ontario
70Rockwood, Ontario
71Orono, Ontario
72Courtice, Ontario
73Creemore, Ontario
74Barrie, Ontario
75Shanty Bay, Ontario
76Bowmanville, Ontario
77Gilford, Ontario
78Arthur, Ontario
79Newcastle, Ontario
80Acton, Ontario


Product Popularity for Aurora


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 23.6%
Refinance: 21.8%
Qualification: 14.5%
Renewal: 14.5%
Purchase: 9.1%
No Money Down: 5.5%
Variable Rate: 3.6%
Commercial: 1.8%
Recreational: 1.8%
Equity Mortgage: 1.8%
Investment: 1.8%
 
Total Application Types Found: 11
 Aurora Mortgage Product Popularity Pie Chart

Age Demographics for Aurora Originated Mortgages

Average age: 37
Oldest age: 61
Youngest age: 20


Incomes for Aurora Originated Mortgages

The numbers below represent the average income of people living in Aurora who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Aurora: $62,800.93
applicants within all of Canada: $56,347.50
Difference: $6,453.43
  
mortgage co-applicants in Aurora: $57,313.79
co-applicants within all of Canada: $39,330.70
Difference: $17,983.09

Note: Commercial Mortgages were not included for this survey, only residential loans amounts from Aurora, Ontario were used.

Residential Status for Aurora Mortgage Applicants

The pie chart below shows the residential status of people living in Aurora who have applied for a loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 32.7%
Own: 56.4%
No Comment: 1.8%
Live with parents: 9.1%
Aurora Residential Status Pie Chart

Marital Statistics for Aurora Mortgage Applicants

The information below shows the marital status of applicants from Aurora, Ontario using the online mortgage application located at the CanEquity web site. Over 50% of the mortgage applicants are living common-law or married, while only 49% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 43.6%
Single: 30.9%
Separated: 14.5%
Common-law: 7.3%
Divorced: 3.6%
Aurora Marital Status Pie Chart