Barrie Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 6.12% | * 0.06% |
| 2007: | 18.34% | 0.17% |
| 2006: | 22.30% | 0.20% |
| 2005: | 16.19% | 0.15% |
| 2004: | 15.83% | 0.15% |
| 2003: | 12.59% | 0.12% |
| 2002: | 8.63% | 0.08% |
The bar graph below illustrates CanEquity's individual monthly volume history for Internet mortgage pre-approval applications originating from Barrie, ON.
The 6-year bar graph below represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Barrie usually occur during our first quarter (represented by the brown bars) with 31.29% while our slowest is the fourth quarter (represented by the red bars) with 20.50%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 12.9% | |
| 2: | January: | 10.4% | |
| 3: | April: | 10.4% | |
| 4: | June: | 9.3% | |
| 5: | August: | 9.0% | |
| 6: | October: | 8.3% | |
| 7: | February: | 7.9% | |
| 8: | July: | 7.5% | |
| 9: | November: | 6.5% | |
| 10: | May: | 6.1% | |
| 11: | December: | 5.8% | |
| 12: | September: | 5.8% |
The graph below plots the busy days for Internet mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Barrie the busiest day, with 19.78% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 8.63% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 19.8% | |
| 2: | Monday: | 18.4% | |
| 3: | Tuesday: | 15.8% | |
| 4: | Friday: | 15.1% | |
| 5: | Thursday: | 12.9% | |
| 6: | Saturday: | 9.3% | |
| 7: | Sunday: | 8.6% |
Applications are received 24 hours a day via the CanEquity web site. The following represents the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.4% |
| 01:00 to 01:59: | 0.7% |
| 03:00 to 03:59: | 0.7% |
| 05:00 to 05:59: | 2.9% |
| 06:00 to 06:59: | 4.0% |
| 07:00 to 07:59: | 5.4% |
| 08:00 to 08:59: | 6.5% |
| 09:00 to 09:59: | 6.8% |
| 10:00 to 10:59: | 8.3% |
| 11:00 to 11:59: | 7.6% |
| 12:00 to 12:59: | 4.7% |
| 13:00 to 13:59: | 5.0% |
| 14:00 to 14:59: | 5.8% |
| 15:00 to 15:59: | 4.0% |
| 16:00 to 16:59: | 4.7% |
| 17:00 to 17:59: | 6.1% |
| 18:00 to 18:59: | 4.3% |
| 19:00 to 19:59: | 5.4% |
| 20:00 to 20:59: | 6.5% |
| 21:00 to 21:59: | 4.7% |
| 22:00 to 22:59: | 2.9% |
| 23:00 to 23:59: | 1.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.48% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.35% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 005: | BRAMPTON, ON | 1.566% |
| 006: | HAMILTON, ON | 1.463% |
| 007: | SCARBOROUGH, ON | 0.990% |
| 008: | KITCHENER, ON | 0.973% |
| 009: | WINDSOR, ON | 0.930% |
| 010: | BARRIE, ON | 0.920% |
| 011: | BURLINGTON, ON | 0.854% |
| 012: | OAKVILLE, ON | 0.705% |
| 013: | OSHAWA, ON | 0.645% |
| 014: | ST CATHARINES, ON | 0.573% |
| 015: | BRANTFORD, ON | 0.569% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 28.1% | |
| Qualification: | 21.2% | |
| First-time Buyer: | 16.2% | |
| No Money Down: | 11.5% | |
| Renewal: | 9.4% | |
| Purchase: | 5.4% | |
| Variable Rate: | 2.9% | |
| Low Doc: | 1.8% | |
| Pre-approval: | 1.4% | |
| Commercial: | 1.4% | |
| Other: | 0.8% | |
| Total Application Types Found: 12 | ||
Average age: 36
Oldest age: 67
Youngest age: 19
The figures below represent the average income of Canadians living in Barrie who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Barrie: | $54,404.16 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | ($1,980.13) |
| mortgage co-applicants in Barrie: | $34,510.51 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | ($4,865.02) |
The chart and pie-graph below depicts the residential status of people living in Barrie who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.1% | |
| Own: | 52.5% | |
| Other: | 2.2% | |
| No Comment: | 5.8% | |
| Live with parents: | 2.5% |
The following pie chart represents the marital status of applicants from Barrie, Ontario using the mortgage preapproval application found on canequity.com. In Barrie, over 65% of the mortgage applicants are living together with someone, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.4% | |
| Single: | 24.8% | |
| Common-law: | 15.1% | |
| Divorced: | 4.7% | |
| Separated: | 4.3% | |
| Widowed: | 0.7% |
