Last report update for Fergus: Wednesday, March 17, 2010
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Fergus Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Fergus

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%

Note: ** Total national contribution of Fergus mortgages in the past is currently 0.09% with a projected target of 0.09%.

Busy Days for Online Mortgages within Fergus

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%
Busy Days Report for Fergus Mortgages

Peak Hours for Mortgage Applicants within Fergus

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%
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: 21.10%
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%
Fergus Mortgages

Current City Standing within Ontario


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%

Nearest Settlements


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Product Popularity for Fergus


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
 Fergus Mortgage Product Popularity Pie Chart

Age Demographics for Fergus Mortgage Applicants

Average age: 39
Oldest age: 70
Youngest age: 24


Incomes for Fergus Mortgage Applicants

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)

Note: Commercial Mortgage loans were not included for this section, only residential loans amounts were used.

Residential Status for Fergus Mortgages

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%
Fergus Residential Status Pie Chart

Marital Status for Fergus Mortgages

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%
Fergus Marital Status Pie Chart