Last report update for Fergus: Tuesday, May 6, 2008
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Acton
Alton
Arthur
Elmira
Elora
Erin
Halton Hills
Hillsburgh
Orangeville
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Fergus Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Fergus

Year Year to Year
Comparison
** National
Contribution
2008: * 11.54% * 0.01%
2007: 15.39% 0.01%
2006: 7.69% 0.01%
2005: 15.39% 0.01%
2004: 3.85% 0.00%
2003: 34.62% 0.03%
2002: 11.54% 0.01%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 26.92% and 0.02% respectively. ** Total national contribution of Fergus mortgages in the past is currently 0.09% with a projected target of 0.10%.

Busy Days for Online Applications within Fergus

The graph below compares the busy days for Internet applications 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 Fergus the busiest day of the week, with 26.92% of all submissions, is Tuesday. In comparison, Sunday's are the slowest day with only 7.69% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 26.9%
2: Friday: 23.1%
3: Wednesday: 19.2%
4: Thursday: 15.4%
5: Monday: 7.7%
6: Sunday: 7.7%
Busy Days Report for Fergus Mortgages

Note: Only days that have had morgages from Fergus, ON are shown.

Peak Hours for Mortgage Applicants within Fergus

Mortgage applications are received 24 hours a day on our web site. The report shown below represents the rush hours within 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: 3.8%
07:00 to 07:59: 11.5%
08:00 to 08:59: 7.7%
09:00 to 09:59: 11.5%
10:00 to 10:59: 3.8%
11:00 to 11:59: 11.5%
12:00 to 12:59: 3.8%
13:00 to 13:59: 7.7%
14:00 to 14:59: 15.4%
15:00 to 15:59: 3.8%
16:00 to 16:59: 3.8%
19:00 to 19:59: 3.8%
20:00 to 20:59: 3.8%
21:00 to 21:59: 3.8%
22:00 to 22:59: 3.8%
Peak Hours Graph for Mortgages in Fergus

Note: Only hours that have had mortgages from Fergus, 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: 11.49%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.12%
Nova Scotia: 2.77%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario 48.62%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.60%
Yukon Territories: 0.21%
Fergus Mortgages

Current City Standing within Ontario


Location Contribution
079:  TECUMSEH, ON 0.093%
080:  SIMCOE, ON 0.093%
081:  GLOUCESTER, ON 0.090%
082:  LEAMINGTON, ON 0.090%
083:  WATERDOWN, ON 0.090%
084:  FERGUS, ON 0.086%
085:  MIDLAND, ON 0.083%
086:  PORT PERRY, ON 0.080%
087:  PEMBROKE, ON 0.080%
088:  PORT COLBORNE, ON 0.076%
089:  INGERSOLL, ON 0.076%

Nearest Settlements


1Elora, Ontario
2Erin, Ontario
3Alton, Ontario
4Palgrave, Ontario
5Hillsburgh, Ontario
6Arthur, Ontario
7Orangeville, Ontario
8Acton, Ontario
9Elmira, Ontario
10Halton Hills, Ontario
11Millbank, Ontario
12Listowel, Ontario
13Guelph, Ontario
14Bolton, Ontario
15Milton, Ontario
16Maple, Ontario
17Concord, Ontario
18Puslinch, Ontario
19Campbellville, Ontario
20Cheltenham, Ontario
21Georgetown, Ontario
22Wellesley, Ontario
23Caledon, Ontario
24Grand Valley, Ontario
25Waterloo, Ontario
26Brampton, Ontario
27Rockwood, Ontario
28Schomberg, Ontario
29Markdale, Ontario
30King City, Ontario
31Gormley, Ontario
32Etobicoke, Ontario
33Kleinburg, Ontario
34Woodbridge, Ontario
35Harriston, Ontario
36Tottenham, Ontario
37Dundalk, Ontario
38Vaughan, Ontario
39Richmond Hill, Ontario
40Willowdale, Ontario
41Aurora, Ontario
42Creemore, Ontario
43Freelton, Ontario
44Flesherton, Ontario
45Sharon, Ontario
46Shelburne, Ontario
47Don Mills, Ontario
48Newmarket, Ontario
49York, Ontario
50Cookstown, Ontario
51Mississauga, Ontario
52Unionville, Ontario
53Mount Forest, Ontario
54North York, Ontario
55Palmerston, Ontario
56Cambridge, Ontario
57Oakville, Ontario
58Thornhill, Ontario
59Bradford, Ontario
60Kitchener, Ontario
61Markham, Ontario


Product Popularity for Fergus


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 34.6%
Qualification: 19.2%
Renewal: 15.4%
First-time Buyer: 15.4%
No Money Down: 7.7%
Purchase: 3.8%
Variable Rate: 3.8%
 
Total Application Types Found: 7
 Fergus Mortgage Product Popularity Pie Chart

Age Demographics for Fergus Mortgage Applicants

Average age: 40
Oldest age: 70
Youngest age: 25


Incomes for Fergus Mortgage Applicants

The amounts below are the average income of Canadians living in Fergus who have applied for a loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Fergus: $48,014.96
applicants within all of Canada: $56,347.50
Difference: ($8,332.54)
  
mortgage co-applicants in Fergus: $33,390.83
co-applicants within all of Canada: $39,330.70
Difference: ($5,939.87)

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

Residential Status for Fergus Mortgages

The following depicts the residential status of people living in Fergus who have applied for a loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 26.9%
Own: 69.2%
No Comment: 3.8%
Fergus Residential Status Pie Chart

Marital Statistics for Fergus Mortgages

The pie chart below represents the marital status of applicants from Fergus, Ontario using the mortgage application located at canequity.com. 76% of the mortgage applicants are living common-law or married, while only 23% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 65.4%
Common-law: 11.5%
Single: 11.5%
Separated: 7.7%
Divorced: 3.8%
Fergus Marital Status Pie Chart