Last report update for Cobourg: Friday, May 16, 2008
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Related Links:
Baltimore
Colborne
Gores Landing
Grafton
Keene
Millbrook
Perth Road
Peterborough
Port Hope
Roseneath

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Cobourg Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Cobourg

Year Year to Year
Comparison
** National
Contribution
2008: * 2.56% * 0.00%
2007: 12.82% 0.02%
2006: 25.64% 0.03%
2005: 17.95% 0.02%
2004: 23.08% 0.03%
2003: 10.26% 0.01%
2002: 7.69% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 5.13% and 0.01% respectively. ** Total national contribution of Cobourg mortgages in the past is currently 0.13% with a projected target of 0.13%.

Busy Days for Mortgage Inquiries within Cobourg

The graph listed below illustrates the busy days for online inquiries 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 Cobourg, the day with the most volume, generating 20.51% of all applications, is Wednesday. In comparison, Saturday's are the slowest day with only 5.13% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Wednesday: 20.5%
2: Monday: 17.9%
3: Thursday: 17.9%
4: Tuesday: 15.4%
5: Sunday: 15.4%
6: Friday: 7.7%
7: Saturday: 5.1%
Busy Days Report for Cobourg Mortgages

Peak Hours for Mortgages within Cobourg

Cobourg mortgage applications are received 24 hours a day from our web site. The report shown below indicates 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
06:00 to 06:59: 2.6%
07:00 to 07:59: 5.1%
08:00 to 08:59: 2.6%
09:00 to 09:59: 2.6%
10:00 to 10:59: 12.8%
11:00 to 11:59: 5.1%
12:00 to 12:59: 5.1%
13:00 to 13:59: 12.8%
14:00 to 14:59: 7.7%
15:00 to 15:59: 5.1%
16:00 to 16:59: 7.7%
17:00 to 17:59: 7.7%
18:00 to 18:59: 5.1%
20:00 to 20:59: 10.3%
21:00 to 21:59: 2.6%
22:00 to 22:59: 5.1%
Peak Hours Graph for Mortgages in Cobourg

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

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia: 11.46%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario 48.63%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Cobourg Mortgages

Current City Standing within Ontario


Location Contribution
056:  BROCKVILLE, ON 0.162%
057:  DUNDAS, ON 0.142%
058:  TRENTON, ON 0.142%
059:  LINDSAY, ON 0.139%
060:  BRADFORD, ON 0.139%
061:  COBOURG, ON 0.129%
062:  MAPLE, ON 0.126%
063:  STRATHROY, ON 0.126%
064:  BOLTON, ON 0.126%
065:  INNISFIL, ON 0.122%
066:  COLLINGWOOD, ON 0.122%

Nearest Settlements


1Perth Road, Ontario
2Baltimore, Ontario
3Roseneath, Ontario
4Gores Landing, Ontario
5Grafton, Ontario
6Keene, Ontario
7Millbrook, Ontario
8Colborne, Ontario
9Port Hope, Ontario
10Peterborough, Ontario
11Cavan, Ontario
12Caesarea, Ontario
13Norwood, Ontario
14Bewdley, Ontario
15Campbellford, Ontario
16Hastings, Ontario


Product Popularity for Cobourg


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 28.2%
Refinance: 25.6%
Qualification: 17.9%
No Money Down: 15.4%
Renewal: 5.1%
Fixed Rate: 2.6%
Purchase: 2.6%
Commercial: 2.6%
 
Total Application Types Found: 8
 Cobourg Mortgage Product Popularity Pie Chart

Age Demographics for Cobourg Originated Mortgages

Average age: 35
Oldest age: 60
Youngest age: 23


Incomes for Cobourg Originated Mortgages

The numbers below represent the average income of applicants living in Cobourg who have applied for a home loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Cobourg: $54,735.41
applicants within all of Canada: $56,403.93
Difference: ($1,668.52)
  
mortgage co-applicants in Cobourg: $29,532.69
co-applicants within all of Canada: $39,395.85
Difference: ($9,863.16)

Note: Commercial loans were not included for this survey, only residential mortgage loan amounts from Cobourg, Ontario were used.

Residential Status for Cobourg Mortgages

The chart and pie-graph below depicts the residential status of people living in Cobourg who have applied for a home loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 56.4%
Own: 33.3%
No Comment: 5.1%
Live with parents: 5.1%
Cobourg Residential Status Pie Chart

Marital Status for Cobourg Mortgages

The pie chart below represents the marital status of applicants from Cobourg, Ontario using the mortgage application found on the CanEquity Mortgage web site. In Cobourg, over 74% of the mortgage applicants are either married or living common-law, while only 25% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.2%
Common-law: 28.2%
Single: 20.5%
Divorced: 2.6%
Separated: 2.6%
Cobourg Marital Status Pie Chart