Last report update for Goderich: Sunday, March 21, 2010
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Goderich Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Goderich

Year Year to Year
Comparison
** National
Contribution
2010: * 4.17% * 0.00%
2009: 25.00% 0.01%
2008: 8.33% 0.01%
2007: 4.17% 0.00%
2006: 29.17% 0.02%
2005: 4.17% 0.00%
2004: 12.50% 0.01%
2003: 12.50% 0.01%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 16.67% and 0.01% respectively. ** Total national contribution of Goderich mortgages in the past is currently 0.06% with a projected target of 0.06%.

Peak Hours for Mortgage Applicants within Goderich

Applications are received 24 hours a day via the CanEquity web site. The following indicates the rush hours in the day. The data is taken from all days of all years. Only 29.2% of all mortgages are received before noon, while 66.7% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 4.2%
07:00 to 07:59: 4.2%
08:00 to 08:59: 8.3%
09:00 to 09:59: 4.2%
10:00 to 10:59: 4.2%
11:00 to 11:59: 8.3%
12:00 to 12:59: 16.7%
13:00 to 13:59: 4.2%
15:00 to 15:59: 8.3%
17:00 to 17:59: 8.3%
18:00 to 18:59: 4.2%
19:00 to 19:59: 8.3%
21:00 to 21:59: 8.3%
22:00 to 22:59: 8.3%
Peak Hours Graph for Mortgages in Goderich

Note: Only hours that have had mortgages from Goderich, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.11%
British Columbia: 10.86%
Manitoba: 2.09%
New Brunswick: 2.11%
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: 4.15%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
Goderich Mortgages

Current City Standing within Ontario


Location Contribution
110:  DELHI, ON 0.059%
111:  PEFFERLAW, ON 0.059%
112:  WASAGA BEACH, ON 0.059%
113:  HANOVER, ON 0.056%
114:  ANGUS, ON 0.056%
115:  GODERICH, ON 0.056%
116:  HARROW, ON 0.056%
117:  VAUGHAN, ON 0.056%
118:  BELLE RIVER, ON 0.056%
119:  STURGEON FALLS, ON 0.056%
120:  RENFREW, ON 0.056%

Nearest Settlements


1Clinton, Ontario
2Auburn, Ontario
3Blyth, Ontario
4Walton, Ontario
5Wingham, Ontario
6Chepstow, Ontario
7Port Franks, Ontario
8Walkerton, Ontario
9Brussels, Ontario
10Ripley, Ontario
11Bayfield, Ontario
12Teeswater, Ontario
13Wroxeter, Ontario
14Hensall, Ontario
15Cargill, Ontario
16Fordwich, Ontario
17Thedford, Ontario
18Brockton, Ontario
19Elmwood, Ontario
20Neustadt, Ontario
21Seaforth, Ontario
22Clifford, Ontario


Product Popularity for Goderich


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 29.2%
Qualification: 25.0%
Refinance: 16.7%
First-time Buyer: 12.5%
Pre-approval: 8.3%
Renewal: 4.2%
Commercial: 4.2%
 
Total Application Types Found: 7
 Goderich Mortgage Product Popularity Pie Chart

Age Demographics for Goderich Mortgages

Average age: 32
Oldest age: 56
Youngest age: 20


Incomes for Goderich Mortgages

The amounts shown below represent the average income of people living in Goderich who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Goderich: $64,069.64
applicants within all of Canada: $58,592.40
Difference: $5,477.23
  
mortgage co-applicants in Goderich: $30,367.78
co-applicants within all of Canada: $41,278.89
Difference: ($10,911.11)

Note: Commercial loan amounts were not included for this section, only residential loans amounts from Goderich, Ontario were used.

Residential Status for Goderich Mortgages

The following depicts the residential status of people living in Goderich who have applied for a mortgage using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 41.7%
Own: 41.7%
Live with parents: 16.7%
Goderich Residential Status Pie Chart

Marital Stats for Goderich Mortgages

The pie chart below represents the marital status of applicants from Goderich, Ontario using the mortgage application located at the CanEquity web site. Approximately 70% of the mortgage applicants are living common-law or married, while only 29% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 54.2%
Single: 29.2%
Common-law: 16.7%
Goderich Marital Status Pie Chart