Etobicoke Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 7.74% | * 0.04% |
| 2007: | 14.88% | 0.08% |
| 2006: | 12.50% | 0.07% |
| 2005: | 20.24% | 0.11% |
| 2004: | 19.05% | 0.11% |
| 2003: | 16.67% | 0.09% |
| 2002: | 8.93% | 0.05% |
This graph displays the individual monthly volume history for Internet pre-approval applications submitted from Etobicoke, ON.
The bar graph below represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Etobicoke usually occur during our second quarter (represented by the green bars) with 32.14% while our slowest is the fourth quarter (represented by the red bars) with 20.24%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 13.1% | |
| 2: | April: | 11.3% | |
| 3: | January: | 10.1% | |
| 4: | September: | 8.3% | |
| 5: | February: | 7.7% | |
| 6: | March: | 7.7% | |
| 7: | June: | 7.7% | |
| 8: | October: | 7.7% | |
| 9: | August: | 7.1% | |
| 10: | November: | 6.5% | |
| 11: | July: | 6.5% | |
| 12: | December: | 6.0% |
The bar graph below plots the busy days for online applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Etobicoke, the day with the most volume, having more than 19.64% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 8.33% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.6% | |
| 2: | Thursday: | 17.9% | |
| 3: | Wednesday: | 15.5% | |
| 4: | Tuesday: | 14.9% | |
| 5: | Sunday: | 14.9% | |
| 6: | Friday: | 8.9% | |
| 7: | Saturday: | 8.3% |
Mortgage inquiries are received 24 hours a day via the CanEquity web site. The following represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 39.9% of all mortgages are received during the morning, while 59.5% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.6% |
| 04:00 to 04:59: | 0.6% |
| 05:00 to 05:59: | 2.4% |
| 06:00 to 06:59: | 1.8% |
| 07:00 to 07:59: | 5.4% |
| 08:00 to 08:59: | 4.8% |
| 09:00 to 09:59: | 10.1% |
| 10:00 to 10:59: | 6.5% |
| 11:00 to 11:59: | 8.3% |
| 12:00 to 12:59: | 6.5% |
| 13:00 to 13:59: | 6.5% |
| 14:00 to 14:59: | 3.0% |
| 15:00 to 15:59: | 6.0% |
| 16:00 to 16:59: | 7.1% |
| 17:00 to 17:59: | 5.4% |
| 18:00 to 18:59: | 8.3% |
| 19:00 to 19:59: | 3.6% |
| 20:00 to 20:59: | 4.2% |
| 21:00 to 21:59: | 6.0% |
| 22:00 to 22:59: | 2.4% |
| 23:00 to 23:59: | 0.6% |
| 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 | |
|---|---|---|
| 011: | BURLINGTON, ON | 0.854% |
| 012: | OAKVILLE, ON | 0.705% |
| 013: | OSHAWA, ON | 0.645% |
| 014: | ST CATHARINES, ON | 0.573% |
| 015: | BRANTFORD, ON | 0.569% |
| 016: | ETOBICOKE, ON | 0.556% |
| 017: | GUELPH, ON | 0.553% |
| 018: | CAMBRIDGE, ON | 0.540% |
| 019: | RICHMOND HILL, ON | 0.533% |
| 020: | NORTH YORK, ON | 0.503% |
| 021: | KINGSTON, ON | 0.490% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 38.1% | |
| Qualification: | 19.6% | |
| Refinance: | 12.5% | |
| No Money Down: | 11.3% | |
| Renewal: | 8.9% | |
| Variable Rate: | 3.0% | |
| Purchase: | 2.4% | |
| Pre-approval: | 1.8% | |
| Commercial: | 1.2% | |
| Other: | 1.2% | |
| Total Application Types Found: 11 | ||
Average age: 36
Oldest age: 60
Youngest age: 21
The amounts shown below represent the average income of applicants living in Etobicoke who have applied for a mortgage loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Etobicoke: | $52,588.85 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | ($3,795.45) |
| mortgage co-applicants in Etobicoke: | $39,950.94 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | $575.41 |
The chart and pie-graph below depicts the residential status of people living in Etobicoke who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 54.8% | |
| Own: | 29.2% | |
| Other: | 3.6% | |
| No Comment: | 5.4% | |
| Live with parents: | 7.1% |
The following pie chart represents the marital status of applicants from Etobicoke, Ontario using the online mortgage application located at the CanEquity web site. In Etobicoke, over 67% of the mortgage applicants are living common-law or married, while only 32% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.5% | |
| Single: | 22.0% | |
| Common-law: | 10.7% | |
| Divorced: | 6.0% | |
| Separated: | 4.2% | |
| Widowed: | 0.6% |
