Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Burlington: Wednesday, September 8, 2010   
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Burlington Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Burlington

Year Year to Year
Comparison
** National
Contribution
2010: * 9.97% * 0.08%
2009: 14.02% 0.11%
2008: 16.17% 0.13%
2007: 11.86% 0.10%
2006: 11.59% 0.09%
2005: 11.32% 0.09%
2004: 10.78% 0.09%
2003: 9.97% 0.08%
2002: 4.31% 0.04%

Note: * These values are the percentages up to Wednesday, September 8, 2010. Estimated volume targets for the entire 2010 year are 13.21% and 0.11% respectively. ** Total national contribution of Burlington mortgages in the past is currently 0.81% with a projected target of 0.84%.

Monthly Volume History for Mortgages Received from Burlington

The following displays the individual monthly volume history for Internet mortgage applications from Burlington, ON.


Monthly Volume Report for Burlington Mortgages

Busy Months for Mortgage Inquiries within Burlington

The 6-year bar graph below displays the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Burlington 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 18.33%.

RankMonth Percentage
of Inquiries
1: February: 11.6%
2: April: 11.3%
3: January: 11.1%
4: May: 10.5%
5: March: 8.9%
6: June: 7.5%
7: July: 7.0%
8: September: 7.0%
9: August: 6.7%
10: October: 6.7%
11: November: 5.9%
12: December: 5.7%
Busy Months Report for Burlington Mortgages

Busy Days for Online Applications within Burlington

The data below illustrates the busy days for mortgage inquiries that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Burlington the most busy day of the week, with 18.06% of all applications, is Monday. In comparison, Sunday's are the slowest day with only 11.59% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 18.1%
2: Tuesday: 16.7%
3: Thursday: 15.1%
4: Wednesday: 14.3%
5: Friday: 12.7%
6: Saturday: 11.6%
7: Sunday: 11.6%
Busy Days Report for Burlington Mortgages

Peak Hours for Originated Mortgages within Burlington

In Burlington, inquiries are received 24 hours a day via our web site. The following represents the busy hours in the day. The data is taken from all days of all years. Only 38.3% of all mortgages are received during the morning, while 60.6% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.1%
03:00 to 03:59: 0.3%
04:00 to 04:59: 1.1%
05:00 to 05:59: 2.4%
06:00 to 06:59: 2.4%
07:00 to 07:59: 4.6%
08:00 to 08:59: 7.3%
09:00 to 09:59: 5.1%
10:00 to 10:59: 6.2%
11:00 to 11:59: 8.9%
12:00 to 12:59: 6.2%
13:00 to 13:59: 7.8%
14:00 to 14:59: 6.5%
15:00 to 15:59: 5.7%
16:00 to 16:59: 5.9%
17:00 to 17:59: 7.3%
18:00 to 18:59: 5.9%
19:00 to 19:59: 5.4%
20:00 to 20:59: 4.0%
21:00 to 21:59: 3.8%
22:00 to 22:59: 1.1%
23:00 to 23:59: 1.1%
Peak Hours Graph for Mortgages in Burlington

Note: Only hours that have had mortgages from Burlington, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.20%
British Columbia: 10.79%
Manitoba: 2.11%
New Brunswick: 2.19%
Newfoundland and Labrador: 1.17%
Nova Scotia: 3.03%
Northwest Territories: 0.32%
Nunavut: 0.09%
Ontario 48.60%
Prince Edward Island: 0.47%
Quebec: 4.12%
Saskatchewan: 5.02%
Yukon Territories: 0.29%
Burlington Mortgages

Current City Standing within Ontario


Location Contribution
006:  HAMILTON, ON 1.507%
007:  KITCHENER, ON 1.046%
008:  SCARBOROUGH, ON 0.904%
009:  BARRIE, ON 0.840%
010:  WINDSOR, ON 0.825%
011:  BURLINGTON, ON 0.814%
012:  OAKVILLE, ON 0.698%
013:  OSHAWA, ON 0.643%
014:  CAMBRIDGE, ON 0.630%
015:  GUELPH, ON 0.612%
016:  BRANTFORD, ON 0.544%

Nearest Settlements


1Freelton, Ontario
2Copetown, Ontario
3Ancaster, Ontario
4Hamilton, Ontario
5Lynden, Ontario
6Waterdown, Ontario
7Hannon, Ontario
8Dundas, Ontario
9Stoney Creek, Ontario
10Caledonia, Ontario
11St George Brant, Ontario
12Carlisle, Ontario
13Ohsweken, Ontario
14St George, Ontario
15Millgrove, Ontario
16Brantford, Ontario
17Milton, Ontario
18Burford, Ontario
19Kilbride, Ontario
20Puslinch, Ontario
21Princeton, Ontario
22Troy, Ontario
23Mount Hope, Ontario
24Cambridge, Ontario
25Oakville, Ontario
26Guelph, Ontario
27Windham Centre, Ontario
28Ayr, Ontario
29Mount Elgin, Ontario
30Mississauga, Ontario
31Cayuga, Ontario
32Paris, Ontario
33Beamsville, Ontario
34Campbellville, Ontario
35Binbrook, Ontario
36Scotland, Ontario
37Otterville, Ontario
38Waterford, Ontario
39Hornby, Ontario
40Tillsonburg, Ontario
41Delhi, Ontario
42New Dundee, Ontario
43Grimsby, Ontario
44Acton, Ontario
45Kitchener, Ontario
46Hagersville, Ontario


Product Popularity for Burlington


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 23.2%
Refinance: 19.1%
First-time Buyer: 14.8%
Renewal: 13.7%
No Money Down: 11.1%
Purchase: 7.0%
Pre-approval: 2.4%
Variable Rate: 2.4%
Second Mortgage: 1.3%
Low Doc: 1.3%
Home Renovation: 1.1%
Other: 2.5%
 
Total Application Types Found: 16
 Burlington Mortgage Product Popularity Pie Chart

Age Demographics for Burlington Mortgages

Average age: 40
Oldest age: 83
Youngest age: 22


Incomes for Burlington Mortgages

The numbers below represent the average income of people living in Burlington who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Burlington: $70,126.46
applicants within all of Canada: $58,945.88
Difference: $11,180.58
  
mortgage co-applicants in Burlington: $44,788.24
co-applicants within all of Canada: $41,522.27
Difference: $3,265.97

Note: Commercial loan amounts were not included for this section, only residential loans amounts were used.

Residential Status for Burlington Mortgages

The information below represents the residential status of people living in Burlington who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 32.1%
Own: 57.7%
Other: 1.6%
No Comment: 3.2%
Live with parents: 5.4%
Burlington Residential Status Pie Chart

Marital Status for Burlington Mortgages

The following pie chart represents the marital status of applicants from Burlington, Ontario using the mortgage application found on the CanEquity Mortgage web site. 59% of the mortgage applicants are living with someone, while only 39% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 52.3%
Single: 28.8%
Common-law: 7.3%
Separated: 6.2%
Divorced: 4.9%
Widowed: 0.5%
Burlington Marital Status Pie Chart