Brampton Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.06% | * 0.06% |
| 2009: | 18.20% | 0.28% |
| 2008: | 11.88% | 0.19% |
| 2007: | 15.19% | 0.24% |
| 2006: | 12.78% | 0.20% |
| 2005: | 10.98% | 0.17% |
| 2004: | 12.78% | 0.20% |
| 2003: | 9.17% | 0.14% |
| 2002: | 4.96% | 0.08% |
The graph below depicts the individual monthly volume history for Internet pre-approval applications originating from Brampton, ON.
This graph depicts the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Brampton happen to occur during our first quarter (represented by the brown bars) with 34.29% while our slowest is the fourth quarter (represented by the red bars) with 15.49%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 13.4% | |
| 2: | January: | 10.8% | |
| 3: | February: | 10.1% | |
| 4: | July: | 9.6% | |
| 5: | April: | 9.2% | |
| 6: | August: | 8.6% | |
| 7: | May: | 8.0% | |
| 8: | September: | 7.7% | |
| 9: | June: | 7.2% | |
| 10: | October: | 6.3% | |
| 11: | November: | 5.3% | |
| 12: | December: | 3.9% |
The bar graph below displays the busy days for Internet mortgage applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Brampton the busiest day of the week, with 20.15% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 7.52% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.1% | |
| 2: | Monday: | 17.7% | |
| 3: | Thursday: | 16.5% | |
| 4: | Wednesday: | 15.6% | |
| 5: | Friday: | 11.7% | |
| 6: | Sunday: | 10.7% | |
| 7: | Saturday: | 7.5% |
Mortgage applications are received 24 hours a day on the CanEquity 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.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.8% |
| 01:00 to 01:59: | 0.8% |
| 02:00 to 02:59: | 0.5% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.6% |
| 05:00 to 05:59: | 1.2% |
| 06:00 to 06:59: | 2.9% |
| 07:00 to 07:59: | 6.3% |
| 08:00 to 08:59: | 5.6% |
| 09:00 to 09:59: | 6.5% |
| 10:00 to 10:59: | 11.6% |
| 11:00 to 11:59: | 5.1% |
| 12:00 to 12:59: | 8.0% |
| 13:00 to 13:59: | 5.6% |
| 14:00 to 14:59: | 6.5% |
| 15:00 to 15:59: | 4.8% |
| 16:00 to 16:59: | 5.1% |
| 17:00 to 17:59: | 5.3% |
| 18:00 to 18:59: | 7.4% |
| 19:00 to 19:59: | 4.8% |
| 20:00 to 20:59: | 4.2% |
| 21:00 to 21:59: | 3.6% |
| 22:00 to 22:59: | 1.7% |
| 23:00 to 23:59: | 1.2% |
| 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 | |
|---|---|---|
| 001: | TORONTO, ON | 4.911% |
| 002: | MISSISSAUGA, ON | 2.606% |
| 003: | OTTAWA, ON | 2.411% |
| 004: | LONDON, ON | 1.599% |
| 005: | BRAMPTON, ON | 1.561% |
| 006: | HAMILTON, ON | 1.509% |
| 007: | KITCHENER, ON | 1.066% |
| 008: | SCARBOROUGH, ON | 0.927% |
| 009: | BARRIE, ON | 0.871% |
| 010: | WINDSOR, ON | 0.845% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 18.9% | |
| Refinance: | 18.5% | |
| First-time Buyer: | 16.7% | |
| Renewal: | 16.2% | |
| No Money Down: | 11.3% | |
| Purchase: | 7.8% | |
| Variable Rate: | 2.1% | |
| Investment: | 1.7% | |
| Second Mortgage: | 1.1% | |
| Equity Mortgage: | 1.1% | |
| Pre-approval: | 1.1% | |
| Commercial: | 0.9% | |
| Other: | 3% | |
| Total Application Types Found: 19 | ||
Average age: 38
Oldest age: 83
Youngest age: 21
The figures below represent the average income of Canadians living in Brampton who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Brampton: | $56,297.77 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($2,284.62) |
| mortgage co-applicants in Brampton: | $40,470.29 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($755.53) |
The information below represents the residential status of people living in Brampton who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.3% | |
| Own: | 52.9% | |
| Other: | 1.5% | |
| No Comment: | 3.3% | |
| Live with parents: | 6.9% |
The following pie chart represents the marital status of applicants from Brampton, Ontario using the mortgage application located at the CanEquity web site. 68% of the mortgage applicants are living together with someone, while only 30% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.5% | |
| Single: | 23.0% | |
| Common-law: | 9.9% | |
| Divorced: | 4.1% | |
| Separated: | 3.3% | |
| Widowed: | 1.2% |
