Bradford Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 13.33% | * 0.02% |
| 2007: | 13.33% | 0.02% |
| 2006: | 26.67% | 0.04% |
| 2005: | 20.00% | 0.03% |
| 2004: | 6.67% | 0.01% |
| 2003: | 13.33% | 0.02% |
| 2002: | 6.67% | 0.01% |
The information below shows the busy days for online applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Bradford, the day with the most volume, generating 22.22% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 4.44% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 22.2% | |
| 2: | Tuesday: | 22.2% | |
| 3: | Wednesday: | 17.8% | |
| 4: | Thursday: | 15.6% | |
| 5: | Friday: | 11.1% | |
| 6: | Sunday: | 6.7% | |
| 7: | Saturday: | 4.4% |
Mortgage applications are received 24 hours a day from the CanEquity 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. Only 40.0% of all mortgages are received before noon, while 60.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 6.7% |
| 07:00 to 07:59: | 6.7% |
| 08:00 to 08:59: | 11.1% |
| 09:00 to 09:59: | 8.9% |
| 10:00 to 10:59: | 4.4% |
| 11:00 to 11:59: | 2.2% |
| 12:00 to 12:59: | 4.4% |
| 13:00 to 13:59: | 6.7% |
| 14:00 to 14:59: | 13.3% |
| 15:00 to 15:59: | 2.2% |
| 16:00 to 16:59: | 6.7% |
| 17:00 to 17:59: | 4.4% |
| 18:00 to 18:59: | 4.4% |
| 19:00 to 19:59: | 6.7% |
| 20:00 to 20:59: | 8.9% |
| 21:00 to 21:59: | 2.2% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.08% |
| British Columbia: | 11.39% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.16% |
| Nova Scotia: | 2.80% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.09% |
| Ontario: | 48.59% |
| Prince Edward Island: | 0.38% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.56% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 052: | ORANGEVILLE, ON | 0.180% |
| 053: | STRATFORD, ON | 0.171% |
| 054: | BOWMANVILLE, ON | 0.164% |
| 055: | BROCKVILLE, ON | 0.161% |
| 056: | KESWICK, ON | 0.158% |
| 057: | BRADFORD, ON | 0.145% |
| 058: | DUNDAS, ON | 0.142% |
| 059: | TRENTON, ON | 0.139% |
| 060: | LINDSAY, ON | 0.135% |
| 061: | COBOURG, ON | 0.129% |
| 062: | STRATHROY, ON | 0.129% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 24.4% | |
| Qualification: | 22.2% | |
| First-time Buyer: | 20.0% | |
| No Money Down: | 13.3% | |
| Renewal: | 11.1% | |
| Low Doc: | 4.4% | |
| Purchase: | 2.2% | |
| Home Renovation: | 2.2% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 58
Youngest age: 21
The amounts shown below represent the average income of people living in Bradford who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bradford: | $53,592.27 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | ($2,947.67) |
| mortgage co-applicants in Bradford: | $55,925.00 |
| co-applicants within all of Canada: | $39,480.41 |
| Difference: | $16,444.59 |
The information below represents the residential status of people living in Bradford who have applied for a mortgage loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.6% | |
| Own: | 48.9% | |
| No Comment: | 2.2% | |
| Live with parents: | 13.3% |
The pie chart below represents the marital status of applicants from Bradford, Ontario using the preapproval application found at canequity.com. Over 66% of the mortgage applicants are living with someone, while only 31% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.8% | |
| Single: | 22.2% | |
| Common-law: | 8.9% | |
| Divorced: | 4.4% | |
| Separated: | 4.4% | |
| Widowed: | 2.2% |
