Last report update for Fort Erie: Tuesday, May 13, 2008
Canada Mortgages
Fort Erie Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Crystal Beach
Fonthill
Lowbanks
Niagara Falls
Niagara On The Lake
Port Colborne
Ridgeway
Stevensville
Thorold
Welland

Have an idea or suggestion on improving the Fort Erie mortgage stats page, please send us an e-mail.



Fort Erie Mortgages

Ontario Mortgage Statistics, Graphs and Charts

Map of Fort Erie requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Online Mortgages from Fort Erie

Year Year to Year
Comparison
** National
Contribution
2008: * 11.43% * 0.01%
2007: 5.71% 0.01%
2006: 17.14% 0.02%
2005: 17.14% 0.02%
2004: 25.71% 0.03%
2003: 5.71% 0.01%
2002: 17.14% 0.02%

Note: * These values are the percentages up to Tuesday, May 13, 2008. Estimated volume targets for the entire 2008 year are 28.57% and 0.03% respectively. ** Total national contribution of Fort Erie mortgages in the past is currently 0.12% with a projected target of 0.14%.

Busy Days for Mortgages Originating within Fort Erie

The graph listed below compares the busy days for online applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Fort Erie the busiest day, with approximately 22.86% of all inquiries, is Wednesday. In comparison, Thursday's are the slowest day with only 5.71% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Wednesday: 22.9%
2: Saturday: 22.9%
3: Monday: 17.1%
4: Friday: 14.3%
5: Tuesday: 11.4%
6: Sunday: 5.7%
7: Thursday: 5.7%
Busy Days Report for Fort Erie Mortgages

Peak Hours for Based Mortgages within Fort Erie

Mortgage applications are received 24 hours a day from the CanEquity web site. The time periods below represents the rush hours in the day. The data is taken from all days of all years. Only 37.1% of all mortgages are received during the morning, while 62.9% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
06:00 to 06:59: 8.6%
07:00 to 07:59: 2.9%
08:00 to 08:59: 2.9%
09:00 to 09:59: 8.6%
10:00 to 10:59: 8.6%
11:00 to 11:59: 5.7%
12:00 to 12:59: 11.4%
13:00 to 13:59: 5.7%
14:00 to 14:59: 8.6%
15:00 to 15:59: 8.6%
16:00 to 16:59: 5.7%
17:00 to 17:59: 5.7%
19:00 to 19:59: 5.7%
21:00 to 21:59: 11.4%
Peak Hours Graph for Mortgages in Fort Erie

Note: Only hours that have had mortgages from Fort Erie, 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: 11.48%
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%
Fort Erie Mortgages

Current City Standing within Ontario


Location Contribution
062:  MAPLE, ON 0.126%
063:  STRATHROY, ON 0.126%
064:  BOLTON, ON 0.126%
065:  INNISFIL, ON 0.122%
066:  COLLINGWOOD, ON 0.122%
067:  FORT ERIE, ON 0.116%
068:  OWEN SOUND, ON 0.113%
069:  LASALLE, ON 0.113%
070:  COURTICE, ON 0.113%
071:  PETAWAWA, ON 0.113%
072:  PORT HOPE, ON 0.109%

Nearest Settlements


1Ridgeway, Ontario
2Welland, Ontario
3Niagara On The Lake, Ontario
4Fonthill, Ontario
5Port Colborne, Ontario
6Stevensville, Ontario
7Crystal Beach, Ontario
8Thorold, Ontario
9Niagara Falls, Ontario
10Lowbanks, Ontario
11Fenwick, Ontario
12Wellandport, Ontario
13St Catharines, Ontario
14Caistor Centre, Ontario
15Vineland, Ontario
16Smithville, Ontario


Product Popularity for Fort Erie


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 31.4%
No Money Down: 17.1%
Renewal: 14.3%
Qualification: 14.3%
Refinance: 11.4%
Second Mortgage: 5.7%
Purchase: 2.9%
Pre-approval: 2.9%
 
Total Application Types Found: 8
 Fort Erie Mortgage Product Popularity Pie Chart

Age Demographics for Fort Erie Mortgage Applicants

Average age: 38
Oldest age: 59
Youngest age: 25


Incomes for Fort Erie Mortgage Applicants

The amounts below are the average income of Canadians living in Fort Erie who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Fort Erie: $43,562.26
applicants within all of Canada: $56,384.30
Difference: ($12,822.03)
  
mortgage co-applicants in Fort Erie: $32,034.40
co-applicants within all of Canada: $39,375.53
Difference: ($7,341.13)

Note: Commercial loans were not included for this survey, only residential mortgages from Fort Erie, Ontario were used.

Residential Status for Fort Erie Mortgage Applicants

The following depicts the residential status of people living in Fort Erie 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: 51.4%
Own: 34.3%
No Comment: 14.3%
Fort Erie Residential Status Pie Chart

Marital Statistics for Fort Erie Mortgage Applicants

The information below shows the marital status of applicants from Fort Erie, Ontario using the mortgage application found on the CanEquity Mortgage web site. Over 68% of the mortgage applicants are living common-law or married, while only 31% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 42.9%
Common-law: 25.7%
Single: 20.0%
Divorced: 5.7%
Separated: 5.7%
Fort Erie Marital Status Pie Chart