Grimsby Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.33% | * 0.00% |
| 2009: | 16.28% | 0.02% |
| 2008: | 13.95% | 0.01% |
| 2007: | 9.30% | 0.01% |
| 2006: | 13.95% | 0.01% |
| 2005: | 18.61% | 0.02% |
| 2004: | 4.65% | 0.01% |
| 2003: | 16.28% | 0.02% |
| 2002: | 4.65% | 0.01% |
The graph below plots the busy days for online applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Grimsby the busiest day, with 20.93% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 6.98% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.9% | |
| 2: | Thursday: | 18.6% | |
| 3: | Tuesday: | 16.3% | |
| 4: | Friday: | 16.3% | |
| 5: | Wednesday: | 11.6% | |
| 6: | Sunday: | 9.3% | |
| 7: | Saturday: | 7.0% |
Mortgage applications are received 24 hours a day via the CanEquity web site. The information shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 2.3% |
| 07:00 to 07:59: | 4.7% |
| 08:00 to 08:59: | 14.0% |
| 09:00 to 09:59: | 7.0% |
| 10:00 to 10:59: | 4.7% |
| 11:00 to 11:59: | 9.3% |
| 12:00 to 12:59: | 2.3% |
| 13:00 to 13:59: | 14.0% |
| 14:00 to 14:59: | 9.3% |
| 15:00 to 15:59: | 4.7% |
| 16:00 to 16:59: | 2.3% |
| 17:00 to 17:59: | 7.0% |
| 18:00 to 18:59: | 4.7% |
| 19:00 to 19:59: | 4.7% |
| 20:00 to 20:59: | 9.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.90% |
| 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 | |
|---|---|---|
| 069: | ANCASTER, ON | 0.108% |
| 070: | COURTICE, ON | 0.108% |
| 071: | PORT HOPE, ON | 0.106% |
| 072: | ALLISTON, ON | 0.106% |
| 073: | LASALLE, ON | 0.103% |
| 074: | GRIMSBY, ON | 0.101% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 23.3% | |
| Refinance: | 20.9% | |
| First-time Buyer: | 11.6% | |
| Purchase: | 11.6% | |
| Qualification: | 9.3% | |
| No Money Down: | 4.7% | |
| Pre-approval: | 4.7% | |
| Investment: | 4.7% | |
| Fixed Rate: | 2.3% | |
| Low Doc: | 2.3% | |
| Second Mortgage: | 2.3% | |
| Variable Rate: | 2.3% | |
| Total Application Types Found: 12 | ||
Average age: 39
Oldest age: 60
Youngest age: 19
The amounts below are the average income of Canadians living in Grimsby who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Grimsby: | $83,753.78 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | $25,172.54 |
| mortgage co-applicants in Grimsby: | $56,783.41 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | $15,573.84 |
The following depicts the residential status of people living in Grimsby who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 20.9% | |
| Own: | 67.4% | |
| Other: | 2.3% | |
| No Comment: | 4.7% | |
| Live with parents: | 4.7% |
The following pie chart represents the marital status of applicants from Grimsby, Ontario using the mortgage application found at the CanEquity web site. Approximately 76% of the mortgage applicants are living common-law or married, while only 23% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 62.8% | |
| Common-law: | 14.0% | |
| Single: | 14.0% | |
| Separated: | 9.3% |
