Cornwall Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 5.00% | * 0.01% |
| 2007: | 26.25% | 0.07% |
| 2006: | 16.25% | 0.04% |
| 2005: | 16.25% | 0.04% |
| 2004: | 16.25% | 0.04% |
| 2003: | 16.25% | 0.04% |
| 2002: | 3.75% | 0.01% |
The graph below illustrates the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Cornwall happen to occur during our second quarter (represented by the green bars) with 33.75% while our slowest is the fourth quarter (represented by the red bars) with 17.50%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 15.0% | |
| 2: | June: | 12.5% | |
| 3: | January: | 10.0% | |
| 4: | November: | 8.8% | |
| 5: | March: | 8.8% | |
| 6: | August: | 8.8% | |
| 7: | July: | 7.5% | |
| 8: | September: | 7.5% | |
| 9: | May: | 6.3% | |
| 10: | February: | 6.3% | |
| 11: | October: | 6.3% | |
| 12: | December: | 2.5% |
The graph below shows the busy days for online mortgage applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Cornwall the most busy day of the week, with 32.50% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.50% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 32.5% | |
| 2: | Tuesday: | 16.3% | |
| 3: | Sunday: | 12.5% | |
| 4: | Thursday: | 12.5% | |
| 5: | Wednesday: | 11.3% | |
| 6: | Friday: | 7.5% | |
| 7: | Saturday: | 7.5% |
In Cornwall, inquiries are received 24 hours a day via the CanEquity web site. The graph shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 1.3% |
| 05:00 to 05:59: | 1.3% |
| 06:00 to 06:59: | 1.3% |
| 07:00 to 07:59: | 2.5% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 3.8% |
| 10:00 to 10:59: | 17.5% |
| 11:00 to 11:59: | 6.3% |
| 12:00 to 12:59: | 7.5% |
| 13:00 to 13:59: | 10.0% |
| 14:00 to 14:59: | 5.0% |
| 15:00 to 15:59: | 5.0% |
| 16:00 to 16:59: | 3.8% |
| 17:00 to 17:59: | 5.0% |
| 18:00 to 18:59: | 5.0% |
| 19:00 to 19:59: | 10.0% |
| 20:00 to 20:59: | 7.5% |
| 21:00 to 21:59: | 2.5% |
| 22:00 to 22:59: | 1.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.48% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.35% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 032: | NEWMARKET, ON | 0.298% |
| 033: | NEPEAN, ON | 0.298% |
| 034: | SARNIA, ON | 0.271% |
| 035: | WOODSTOCK, ON | 0.268% |
| 036: | BELLEVILLE, ON | 0.268% |
| 037: | CORNWALL, ON | 0.265% |
| 038: | ORLEANS, ON | 0.262% |
| 039: | THORNHILL, ON | 0.262% |
| 040: | WELLAND, ON | 0.258% |
| 041: | CHATHAM, ON | 0.248% |
| 042: | KANATA, ON | 0.248% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 26.3% | |
| First-time Buyer: | 23.8% | |
| Qualification: | 20.0% | |
| Refinance: | 15.0% | |
| Renewal: | 5.0% | |
| Purchase: | 2.5% | |
| Investment: | 2.5% | |
| Pre-approval: | 1.3% | |
| Commercial: | 1.3% | |
| Second Mortgage: | 1.3% | |
| Transfer: | 1.3% | |
| Total Application Types Found: 11 | ||
Average age: 34
Oldest age: 61
Youngest age: 19
The figures below represent the average income of Canadians living in Cornwall who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Cornwall: | $38,130.62 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | ($18,253.68) |
| mortgage co-applicants in Cornwall: | $23,837.54 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | ($15,537.99) |
The information shown below represents the residential status of people living in Cornwall 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: | 67.5% | |
| Own: | 28.7% | |
| Other: | 1.3% | |
| No Comment: | 2.5% |
The following pie chart represents the marital status of applicants from Cornwall, Ontario using the mortgage application located at canequity.com. Approximately 73% of the mortgage applicants are living with someone, while only 25% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 52.5% | |
| Common-law: | 21.3% | |
| Single: | 20.0% | |
| Divorced: | 2.5% | |
| Separated: | 2.5% | |
| Widowed: | 1.3% |
