Georgetown Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 3.51% | * 0.01% |
| 2007: | 22.81% | 0.04% |
| 2006: | 19.30% | 0.04% |
| 2005: | 22.81% | 0.04% |
| 2004: | 5.26% | 0.01% |
| 2003: | 14.04% | 0.03% |
| 2002: | 12.28% | 0.02% |
The bar graph below represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Georgetown usually occur during our third quarter (represented by the blue bars) with 31.58% while our slowest is the fourth quarter (represented by the red bars) with 14.04%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 12.3% | |
| 2: | July: | 12.3% | |
| 3: | August: | 12.3% | |
| 4: | April: | 10.5% | |
| 5: | February: | 10.5% | |
| 6: | June: | 8.8% | |
| 7: | December: | 7.0% | |
| 8: | March: | 7.0% | |
| 9: | October: | 7.0% | |
| 10: | September: | 7.0% | |
| 11: | May: | 5.3% | |
| 12: | December: | 0.0% |
The graph below compares the busy days for Internet applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Georgetown the busiest day, with 22.81% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 10.53% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 22.8% | |
| 2: | Tuesday: | 19.3% | |
| 3: | Monday: | 12.3% | |
| 4: | Sunday: | 12.3% | |
| 5: | Thursday: | 12.3% | |
| 6: | Friday: | 10.5% | |
| 7: | Saturday: | 10.5% |
Applications are received 24 hours a day from the CanEquity web site. The following indicates the rush hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 1.8% |
| 06:00 to 06:59: | 3.5% |
| 07:00 to 07:59: | 5.3% |
| 08:00 to 08:59: | 10.5% |
| 09:00 to 09:59: | 7.0% |
| 10:00 to 10:59: | 8.8% |
| 11:00 to 11:59: | 3.5% |
| 12:00 to 12:59: | 5.3% |
| 13:00 to 13:59: | 12.3% |
| 14:00 to 14:59: | 15.8% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 1.8% |
| 17:00 to 17:59: | 3.5% |
| 18:00 to 18:59: | 3.5% |
| 20:00 to 20:59: | 7.0% |
| 21:00 to 21:59: | 3.5% |
| 23:00 to 23:59: | 1.8% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 045: | WOODBRIDGE, ON | 0.233% |
| 046: | STONEY CREEK, ON | 0.223% |
| 047: | ORILLIA, ON | 0.209% |
| 048: | ST THOMAS, ON | 0.209% |
| 049: | TIMMINS, ON | 0.193% |
| 050: | GEORGETOWN, ON | 0.189% |
| 051: | ORANGEVILLE, ON | 0.186% |
| 052: | AURORA, ON | 0.183% |
| 053: | STRATFORD, ON | 0.166% |
| 054: | KESWICK, ON | 0.163% |
| 055: | BOWMANVILLE, ON | 0.163% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 31.6% | |
| First-time Buyer: | 19.3% | |
| Qualification: | 14.0% | |
| No Money Down: | 8.8% | |
| Renewal: | 8.8% | |
| Purchase: | 5.3% | |
| Second Mortgage: | 3.5% | |
| Variable Rate: | 3.5% | |
| Fixed Rate: | 1.8% | |
| Low Doc: | 1.8% | |
| Investment: | 1.8% | |
| Total Application Types Found: 11 | ||
Average age: 38
Oldest age: 61
Youngest age: 23
The following depicts the average income of Canadians living in Georgetown who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Georgetown: | $64,872.09 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $8,524.60 |
| mortgage co-applicants in Georgetown: | $50,568.83 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | $11,238.12 |
The pie chart below shows the residential status of people living in Georgetown who have applied for a mortgage loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 36.8% | |
| Own: | 54.4% | |
| Other: | 1.8% | |
| No Comment: | 5.3% | |
| Live with parents: | 1.8% |
The information below shows the marital status of applicants from Georgetown, Ontario using the mortgage preapproval application found at canequity.com. In Georgetown, over 66% of the mortgage applicants are living together with someone, while only 33% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.1% | |
| Single: | 21.1% | |
| Common-law: | 10.5% | |
| Separated: | 8.8% | |
| Divorced: | 3.5% |
