Last report update for Bancroft: Sunday, March 21, 2010
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Cardiff
Coe Hill
Gooderham
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Maynooth
Mcarthurs Mills


Bancroft Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Bancroft

Year Year to Year
Comparison
** National
Contribution
2009: 13.64% 0.01%
2008: 18.18% 0.01%
2007: 9.09% 0.01%
2006: 18.18% 0.01%
2005: 18.18% 0.01%
2004: 13.64% 0.01%
2002: 9.09% 0.01%

Note: ** Total national contribution of Bancroft mortgages in the past is currently 0.05% with a projected target of 0.05%.

Peak Hours for Mortgage Applicants within Bancroft

In Bancroft, mortgages are received 24 hours a day from the CanEquity web site. The report shown below indicates the busy hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
07:00 to 07:59: 13.6%
09:00 to 09:59: 13.6%
10:00 to 10:59: 18.2%
11:00 to 11:59: 9.1%
12:00 to 12:59: 4.5%
13:00 to 13:59: 4.5%
14:00 to 14:59: 4.5%
15:00 to 15:59: 4.5%
17:00 to 17:59: 4.5%
19:00 to 19:59: 9.1%
20:00 to 20:59: 9.1%
22:00 to 22:59: 4.5%
Peak Hours Graph for Mortgages in Bancroft

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

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.11%
British Columbia: 10.86%
Manitoba: 2.09%
New Brunswick: 2.11%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario 48.83%
Prince Edward Island: 0.44%
Quebec: 4.15%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
Bancroft Mortgages

Current City Standing within Ontario


Location Contribution
127:  KEMPTVILLE, ON 0.052%
128:  KAPUSKASING, ON 0.052%
129:  PORT ELGIN, ON 0.052%
130:  GANANOQUE, ON 0.052%
131:  ELLIOT LAKE, ON 0.052%
132:  BANCROFT, ON 0.052%
133:  TOTTENHAM, ON 0.049%
134:  PERTH, ON 0.047%
135:  KIRKLAND LAKE, ON 0.047%
136:  PORT DOVER, ON 0.047%
137:  ST MARYS, ON 0.045%

Nearest Settlements


1Cardiff, Ontario
2Coe Hill, Ontario
3Mcarthurs Mills, Ontario
4Maynooth, Ontario
5Haliburton, Ontario
6Gooderham, Ontario


Product Popularity for Bancroft


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 36.4%
Renewal: 18.2%
Qualification: 18.2%
No Money Down: 13.6%
First-time Buyer: 13.6%
 
Total Application Types Found: 5
 Bancroft Mortgage Product Popularity Pie Chart

Age Demographics for Bancroft Mortgage Applicants

Average age: 37
Oldest age: 64
Youngest age: 22


Incomes for Bancroft Mortgage Applicants

The amounts shown below represent the average income of people living in Bancroft who have applied for a home loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Bancroft: $41,346.74
applicants within all of Canada: $58,592.40
Difference: ($17,245.67)
  
mortgage co-applicants in Bancroft: $37,187.50
co-applicants within all of Canada: $41,278.89
Difference: ($4,091.39)

Note: Commercial Mortgages were not included for this section, only residential mortgage loan amounts from Bancroft, Ontario were used.

Residential Status for Bancroft Mortgage Applicants

The following depicts the residential status of people living in Bancroft who have applied for a home loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 31.8%
Own: 59.1%
No Comment: 9.1%
Bancroft Residential Status Pie Chart

Marital Statistics for Bancroft Mortgage Applicants

The pie chart below represents the marital status of applicants from Bancroft, Ontario using the mortgage preapproval application found at the CanEquity web site. In Bancroft, approximately 54% of the mortgage applicants are living with someone, while only 45% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 40.9%
Single: 31.8%
Common-law: 13.6%
Divorced: 9.1%
Separated: 4.5%
Bancroft Marital Status Pie Chart