Bradford Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 5.36% | * 0.01% |
| 2009: | 12.50% | 0.02% |
| 2008: | 12.50% | 0.02% |
| 2007: | 10.71% | 0.01% |
| 2006: | 21.43% | 0.03% |
| 2005: | 16.07% | 0.02% |
| 2004: | 5.36% | 0.01% |
| 2003: | 10.71% | 0.01% |
| 2002: | 5.36% | 0.01% |
The following bar graph represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Bradford mostly occur during our first quarter (represented by the brown bars) with 35.71% while our slowest is the fourth quarter (represented by the red bars) with 19.64%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 14.3% | |
| 2: | July: | 12.5% | |
| 3: | January: | 10.7% | |
| 4: | March: | 10.7% | |
| 5: | June: | 10.7% | |
| 6: | November: | 8.9% | |
| 7: | August: | 8.9% | |
| 8: | May: | 7.1% | |
| 9: | October: | 7.1% | |
| 10: | April: | 3.6% | |
| 11: | December: | 3.6% | |
| 12: | September: | 1.8% |
The information listed below plots the busy days for online mortgage applications that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Bradford the most busy day of the week, with 23.21% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 5.36% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 23.2% | |
| 2: | Monday: | 17.9% | |
| 3: | Thursday: | 17.9% | |
| 4: | Wednesday: | 16.1% | |
| 5: | Friday: | 10.7% | |
| 6: | Sunday: | 8.9% | |
| 7: | Saturday: | 5.4% |
Mortgage inquiries are received 24 hours a day from our web site. The statistics shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 42.9% of all mortgages are received before noon, while 57.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 7.1% |
| 07:00 to 07:59: | 7.1% |
| 08:00 to 08:59: | 8.9% |
| 09:00 to 09:59: | 8.9% |
| 10:00 to 10:59: | 8.9% |
| 11:00 to 11:59: | 1.8% |
| 12:00 to 12:59: | 5.4% |
| 13:00 to 13:59: | 5.4% |
| 14:00 to 14:59: | 10.7% |
| 15:00 to 15:59: | 3.6% |
| 16:00 to 16:59: | 5.4% |
| 17:00 to 17:59: | 3.6% |
| 18:00 to 18:59: | 3.6% |
| 19:00 to 19:59: | 7.1% |
| 20:00 to 20:59: | 7.1% |
| 21:00 to 21:59: | 3.6% |
| 22:00 to 22:59: | 1.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| 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: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 055: | KESWICK, ON | 0.153% |
| 056: | STRATFORD, ON | 0.150% |
| 057: | DUNDAS, ON | 0.148% |
| 058: | TRENTON, ON | 0.143% |
| 059: | MAPLE, ON | 0.138% |
| 060: | BRADFORD, ON | 0.131% |
| 061: | STRATHROY, ON | 0.129% |
| 062: | OWEN SOUND, ON | 0.129% |
| 063: | COBOURG, ON | 0.122% |
| 064: | LINDSAY, ON | 0.122% |
| 065: | FORT ERIE, ON | 0.122% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.2% | |
| Refinance: | 23.2% | |
| First-time Buyer: | 17.9% | |
| Renewal: | 16.1% | |
| No Money Down: | 10.7% | |
| Low Doc: | 3.6% | |
| Purchase: | 3.6% | |
| Home Renovation: | 1.8% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 58
Youngest age: 21
The information below represents the average income of applicants living in Bradford who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bradford: | $54,960.24 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($3,622.15) |
| mortgage co-applicants in Bradford: | $54,240.00 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $13,014.18 |
The table and pie chart below represents the residential status of people living in Bradford who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 32.1% | |
| Own: | 53.6% | |
| Other: | 1.8% | |
| No Comment: | 1.8% | |
| Live with parents: | 10.7% |
The following pie chart represents the marital status of applicants from Bradford, Ontario using the preapproval application located at canequity.com. In Bradford, over 69% of the mortgage applicants are either married or living common-law, while only 28% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.7% | |
| Single: | 21.4% | |
| Common-law: | 8.9% | |
| Divorced: | 3.6% | |
| Separated: | 3.6% | |
| Widowed: | 1.8% |
