Fergus Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 28.95% | 0.03% |
| 2008: | 10.53% | 0.01% |
| 2007: | 10.53% | 0.01% |
| 2006: | 5.26% | 0.01% |
| 2005: | 10.53% | 0.01% |
| 2004: | 2.63% | 0.00% |
| 2003: | 23.68% | 0.02% |
| 2002: | 7.89% | 0.01% |
The information listed below displays the busy days for mortgage inquiries that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Fergus the busiest day, with 21.05% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 2.63% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 21.1% | |
| 2: | Friday: | 18.4% | |
| 3: | Wednesday: | 18.4% | |
| 4: | Thursday: | 15.8% | |
| 5: | Sunday: | 13.2% | |
| 6: | Monday: | 10.5% | |
| 7: | Saturday: | 2.6% |
Fergus mortgage applications are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the rush 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: | 5.3% |
| 07:00 to 07:59: | 7.9% |
| 08:00 to 08:59: | 7.9% |
| 09:00 to 09:59: | 10.5% |
| 10:00 to 10:59: | 2.6% |
| 11:00 to 11:59: | 10.5% |
| 12:00 to 12:59: | 2.6% |
| 13:00 to 13:59: | 10.5% |
| 14:00 to 14:59: | 10.5% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 2.6% |
| 17:00 to 17:59: | 7.9% |
| 19:00 to 19:59: | 5.3% |
| 20:00 to 20:59: | 2.6% |
| 21:00 to 21:59: | 2.6% |
| 22:00 to 22:59: | 2.6% |
| 23:00 to 23:59: | 2.6% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.14% |
| British Columbia: | 10.92% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.89% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.09% |
| Ontario: | 48.84% |
| Prince Edward Island: | 0.43% |
| Quebec: | 4.05% |
| Saskatchewan: | 5.08% |
| Yukon Territories: | 0.25% |
| Location | Contribution | |
|---|---|---|
| 074: | GRIMSBY, ON | 0.103% |
| 075: | INNISFIL, ON | 0.101% |
| 076: | TILLSONBURG, ON | 0.098% |
| 077: | SMITHS FALLS, ON | 0.093% |
| 078: | SIMCOE, ON | 0.093% |
| 079: | FERGUS, ON | 0.091% |
| 080: | MIDLAND, ON | 0.091% |
| 081: | PEMBROKE, ON | 0.091% |
| 082: | BROOKLIN, ON | 0.086% |
| 083: | TECUMSEH, ON | 0.086% |
| 084: | ACTON, ON | 0.086% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 31.6% | |
| First-time Buyer: | 18.4% | |
| Qualification: | 15.8% | |
| Renewal: | 13.2% | |
| No Money Down: | 10.5% | |
| Pre-approval: | 5.3% | |
| Purchase: | 2.6% | |
| Variable Rate: | 2.6% | |
| Total Application Types Found: 8 | ||
Average age: 39
Oldest age: 70
Youngest age: 24
The amounts below are the average income of applicants living in Fergus who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Fergus: | $49,779.97 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | ($8,668.45) |
| mortgage co-applicants in Fergus: | $34,151.75 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | ($6,958.71) |
The pie chart below shows the residential status of people living in Fergus who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.9% | |
| Own: | 63.2% | |
| No Comment: | 2.6% | |
| Live with parents: | 5.3% |
The following table and pie chart represents the marital status of applicants from Fergus, Ontario using the mortgage application found on canequity.com. Approximately 73% of the mortgage applicants are living common-law or married, while only 26% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 63.2% | |
| Single: | 15.8% | |
| Common-law: | 10.5% | |
| Divorced: | 5.3% | |
| Separated: | 5.3% |
