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 illustrates the busy days for online inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Fergus the busiest day, with 21.05% of all submissions, 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% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The graph shown below represents the rush hours in the day. The data is taken from all days of all years. Only 44.7% of all mortgages are received during the morning, while 55.3% arrive in the afternoon.
| 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: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 075: | TILLSONBURG, ON | 0.099% |
| 076: | INNISFIL, ON | 0.099% |
| 077: | SIMCOE, ON | 0.094% |
| 078: | SMITHS FALLS, ON | 0.092% |
| 079: | PEMBROKE, ON | 0.092% |
| 080: | FERGUS, ON | 0.089% |
| 081: | MIDLAND, ON | 0.089% |
| 082: | TECUMSEH, ON | 0.087% |
| 083: | ACTON, ON | 0.087% |
| 084: | BROOKLIN, ON | 0.085% |
| 085: | STOUFFVILLE, ON | 0.085% |
| 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 numbers below represent the average income of people living in Fergus who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Fergus: | $49,779.97 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($8,802.41) |
| mortgage co-applicants in Fergus: | $34,151.75 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($7,074.07) |
The chart and pie-graph below depicts the residential status of people living in Fergus who have applied for a mortgage loan using CanEquity's online mortgage application.
| 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 information represents the marital status of applicants from Fergus, Ontario using the preapproval application found at the CanEquity web site. In Fergus, approximately 73% of the mortgage applicants are either married or living common-law, while only 26% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 63.2% | |
| Single: | 15.8% | |
| Common-law: | 10.5% | |
| Divorced: | 5.3% | |
| Separated: | 5.3% |
