Barrie Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.23% | * 0.03% |
| 2009: | 14.82% | 0.13% |
| 2008: | 11.59% | 0.10% |
| 2007: | 13.75% | 0.12% |
| 2006: | 16.71% | 0.14% |
| 2005: | 12.13% | 0.11% |
| 2004: | 11.86% | 0.10% |
| 2003: | 9.43% | 0.08% |
| 2002: | 6.47% | 0.06% |
The bar graph below represents the individual monthly volume history for Internet applications received from Barrie, ON.
The following bar graph shows the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Barrie happen to occur during our first quarter (represented by the brown bars) with 31.54% while our slowest is the fourth quarter (represented by the red bars) with 19.68%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 13.5% | |
| 2: | January: | 11.1% | |
| 3: | June: | 10.0% | |
| 4: | April: | 9.7% | |
| 5: | August: | 8.6% | |
| 6: | October: | 8.6% | |
| 7: | May: | 7.0% | |
| 8: | February: | 7.0% | |
| 9: | July: | 7.0% | |
| 10: | September: | 6.5% | |
| 11: | December: | 5.7% | |
| 12: | November: | 5.4% |
The graph listed below compares the busy days for online mortgage applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Barrie the busiest day of the week, with 19.95% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 7.82% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 19.9% | |
| 2: | Monday: | 17.8% | |
| 3: | Tuesday: | 17.5% | |
| 4: | Thursday: | 13.8% | |
| 5: | Friday: | 13.5% | |
| 6: | Sunday: | 9.7% | |
| 7: | Saturday: | 7.8% |
Barrie mortgage applications are received 24 hours a day from our web site. The following indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 42.0% of all mortgages are received before noon, while 55.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.1% |
| 01:00 to 01:59: | 0.8% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.5% |
| 05:00 to 05:59: | 3.0% |
| 06:00 to 06:59: | 3.5% |
| 07:00 to 07:59: | 4.9% |
| 08:00 to 08:59: | 7.0% |
| 09:00 to 09:59: | 6.7% |
| 10:00 to 10:59: | 7.5% |
| 11:00 to 11:59: | 8.9% |
| 12:00 to 12:59: | 5.1% |
| 13:00 to 13:59: | 5.4% |
| 14:00 to 14:59: | 5.7% |
| 15:00 to 15:59: | 5.1% |
| 16:00 to 16:59: | 4.9% |
| 17:00 to 17:59: | 5.7% |
| 18:00 to 18:59: | 4.9% |
| 19:00 to 19:59: | 5.4% |
| 20:00 to 20:59: | 5.4% |
| 21:00 to 21:59: | 3.8% |
| 22:00 to 22:59: | 3.0% |
| 23:00 to 23:59: | 1.6% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 004: | LONDON, ON | 1.598% |
| 005: | BRAMPTON, ON | 1.567% |
| 006: | HAMILTON, ON | 1.509% |
| 007: | KITCHENER, ON | 1.063% |
| 008: | SCARBOROUGH, ON | 0.928% |
| 009: | BARRIE, ON | 0.869% |
| 010: | WINDSOR, ON | 0.843% |
| 011: | BURLINGTON, ON | 0.818% |
| 012: | OAKVILLE, ON | 0.714% |
| 013: | OSHAWA, ON | 0.656% |
| 014: | CAMBRIDGE, ON | 0.607% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.1% | |
| Qualification: | 19.7% | |
| First-time Buyer: | 16.7% | |
| No Money Down: | 12.4% | |
| Renewal: | 11.6% | |
| Purchase: | 6.7% | |
| Variable Rate: | 2.4% | |
| Low Doc: | 1.9% | |
| Pre-approval: | 1.1% | |
| Commercial: | 1.1% | |
| Other: | 1.4% | |
| Total Application Types Found: 14 | ||
Average age: 36
Oldest age: 67
Youngest age: 19
The information below represents the average income of people 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: | $54,767.32 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | ($3,825.08) |
| mortgage co-applicants in Barrie: | $35,821.65 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | ($5,457.24) |
The following depicts the residential status of people living in Barrie who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 38.3% | |
| Own: | 53.6% | |
| Other: | 1.6% | |
| No Comment: | 4.3% | |
| Live with parents: | 2.2% |
The information below shows the marital status of applicants from Barrie, Ontario using the mortgage preapproval application found on the CanEquity Mortgage web site. Approximately 64% of the mortgage applicants are either married or living common-law, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 49.6% | |
| Single: | 24.0% | |
| Common-law: | 15.4% | |
| Separated: | 5.4% | |
| Divorced: | 4.6% | |
| Widowed: | 1.1% |
