Brampton Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 1.54% | * 0.02% |
| 2009: | 18.67% | 0.29% |
| 2008: | 12.19% | 0.19% |
| 2007: | 15.59% | 0.24% |
| 2006: | 13.12% | 0.20% |
| 2005: | 11.27% | 0.17% |
| 2004: | 13.12% | 0.20% |
| 2003: | 9.41% | 0.15% |
| 2002: | 5.09% | 0.08% |
The graph below depicts the individual monthly volume history for Internet pre-approval applications from Brampton, ON.
The following represents the volumes of 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 32.56% while our slowest is the fourth quarter (represented by the red bars) with 15.90%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 12.5% | |
| 2: | January: | 11.1% | |
| 3: | July: | 9.9% | |
| 4: | April: | 9.4% | |
| 5: | February: | 8.9% | |
| 6: | August: | 8.8% | |
| 7: | May: | 8.2% | |
| 8: | September: | 7.9% | |
| 9: | June: | 7.4% | |
| 10: | October: | 6.5% | |
| 11: | November: | 5.4% | |
| 12: | December: | 4.0% |
The bar graph below shows the busy days for mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Brampton, the day with the most volume, having more than 19.75% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 7.56% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.8% | |
| 2: | Monday: | 17.8% | |
| 3: | Thursday: | 16.5% | |
| 4: | Wednesday: | 15.7% | |
| 5: | Friday: | 11.9% | |
| 6: | Sunday: | 10.8% | |
| 7: | Saturday: | 7.6% |
Brampton mortgage applications are received 24 hours a day on the CanEquity web site. The graph shown below indicates the rush hours in the day. 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: | 0.3% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.5% |
| 05:00 to 05:59: | 1.2% |
| 06:00 to 06:59: | 2.9% |
| 07:00 to 07:59: | 6.0% |
| 08:00 to 08:59: | 5.7% |
| 09:00 to 09:59: | 6.5% |
| 10:00 to 10:59: | 11.4% |
| 11:00 to 11:59: | 5.2% |
| 12:00 to 12:59: | 8.0% |
| 13:00 to 13:59: | 5.7% |
| 14:00 to 14:59: | 6.3% |
| 15:00 to 15:59: | 4.8% |
| 16:00 to 16:59: | 5.1% |
| 17:00 to 17:59: | 5.2% |
| 18:00 to 18:59: | 7.6% |
| 19:00 to 19:59: | 4.8% |
| 20:00 to 20:59: | 4.3% |
| 21:00 to 21:59: | 3.7% |
| 22:00 to 22:59: | 1.5% |
| 23:00 to 23:59: | 1.2% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.14% |
| British Columbia: | 10.92% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.89% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.09% |
| Ontario: | 48.84% |
| Prince Edward Island: | 0.43% |
| Quebec: | 4.05% |
| Saskatchewan: | 5.08% |
| Yukon Territories: | 0.25% |
| Location | Contribution | |
|---|---|---|
| 001: | TORONTO, ON | 4.933% |
| 002: | MISSISSAUGA, ON | 2.610% |
| 003: | OTTAWA, ON | 2.380% |
| 004: | LONDON, ON | 1.587% |
| 005: | BRAMPTON, ON | 1.553% |
| 006: | HAMILTON, ON | 1.501% |
| 007: | KITCHENER, ON | 1.069% |
| 008: | SCARBOROUGH, ON | 0.940% |
| 009: | BARRIE, ON | 0.882% |
| 010: | WINDSOR, ON | 0.839% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 19.0% | |
| Qualification: | 18.4% | |
| First-time Buyer: | 16.8% | |
| Renewal: | 16.0% | |
| No Money Down: | 11.3% | |
| Purchase: | 7.9% | |
| Variable Rate: | 2.2% | |
| Investment: | 1.7% | |
| Second Mortgage: | 1.1% | |
| Pre-approval: | 1.1% | |
| Commercial: | 0.9% | |
| Equity Mortgage: | 0.9% | |
| Other: | 3% | |
| Total Application Types Found: 19 | ||
Average age: 38
Oldest age: 83
Youngest age: 21
The numbers below represent the average income of people living in Brampton who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Brampton: | $56,099.13 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | ($2,349.29) |
| mortgage co-applicants in Brampton: | $40,550.29 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | ($560.16) |
The information below represents the residential status of people living in Brampton who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.6% | |
| Own: | 52.8% | |
| Other: | 1.5% | |
| No Comment: | 3.4% | |
| Live with parents: | 6.6% |
The following information represents the marital status of applicants from Brampton, Ontario using the mortgage application located at canequity.com. Over 68% of the mortgage applicants are either married or living common-law, while only 30% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.3% | |
| Single: | 23.0% | |
| Common-law: | 10.2% | |
| Divorced: | 3.9% | |
| Separated: | 3.4% | |
| Widowed: | 1.2% |
