Last report update for Hamilton: Tuesday, May 6, 2008
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Hamilton Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from Hamilton

Year Year to Year
Comparison
** National
Contribution
2008: * 5.90% * 0.09%
2007: 20.18% 0.30%
2006: 20.18% 0.30%
2005: 16.33% 0.24%
2004: 17.01% 0.25%
2003: 14.06% 0.21%
2002: 6.35% 0.09%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 15.65% and 0.23% respectively. ** Total national contribution of Hamilton mortgages in the past is currently 1.46% with a projected target of 1.61%.

Monthly Volume History for Mortgages Received from Hamilton

The following bar graph shows the individual monthly volume history for Internet mortgage pre-approval applications sent from Hamilton, ON.


Monthly Volume Report for Hamilton Mortgages

Busy Months for Mortgage Inquiries within Hamilton

The following bar graph depicts the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Hamilton happen to occur during our first quarter (represented by the brown bars) with 30.61% while our slowest is the fourth quarter (represented by the red bars) with 19.50%.

RankMonth Percentage
of Inquiries
1: February: 10.7%
2: March: 10.7%
3: June: 9.5%
4: January: 9.3%
5: September: 9.3%
6: May: 8.8%
7: April: 7.9%
8: October: 7.9%
9: August: 7.7%
10: November: 6.6%
11: July: 6.6%
12: December: 5.0%
Busy Months Report for Hamilton Mortgages

Busy Days for Mortgage Inquiries within Hamilton

The bar graph below displays the busy days for mortgage applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Hamilton the busiest day of the week, with 17.46% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 7.71% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 17.5%
2: Wednesday: 15.7%
3: Thursday: 15.7%
4: Friday: 15.4%
5: Sunday: 14.7%
6: Monday: 13.4%
7: Saturday: 7.7%
Busy Days Report for Hamilton Mortgages

Peak Hours for Mortgage Applicants within Hamilton

Mortgage inquiries are received 24 hours a day from our web site. The statistics shown below indicates the rush hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 0.7%
01:00 to 01:59: 0.5%
03:00 to 03:59: 0.7%
04:00 to 04:59: 1.1%
05:00 to 05:59: 1.1%
06:00 to 06:59: 3.2%
07:00 to 07:59: 5.0%
08:00 to 08:59: 5.9%
09:00 to 09:59: 5.0%
10:00 to 10:59: 6.8%
11:00 to 11:59: 5.2%
12:00 to 12:59: 8.2%
13:00 to 13:59: 5.7%
14:00 to 14:59: 9.1%
15:00 to 15:59: 5.2%
16:00 to 16:59: 5.7%
17:00 to 17:59: 5.2%
18:00 to 18:59: 5.0%
19:00 to 19:59: 6.6%
20:00 to 20:59: 5.2%
21:00 to 21:59: 5.4%
22:00 to 22:59: 2.7%
23:00 to 23:59: 0.9%
Peak Hours Graph for Mortgages in Hamilton

Note: Only hours that have had mortgages from Hamilton, 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: 11.49%
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%
Hamilton Mortgages

Current City Standing within Ontario


Location Contribution
001:  TORONTO, ON 4.993%
002:  MISSISSAUGA, ON 2.633%
003:  OTTAWA, ON 2.337%
004:  LONDON, ON 1.636%
005:  BRAMPTON, ON 1.572%
006:  HAMILTON, ON 1.466%
007:  SCARBOROUGH, ON 0.994%
008:  KITCHENER, ON 0.977%
009:  WINDSOR, ON 0.927%
010:  BARRIE, ON 0.924%
011:  BURLINGTON, ON 0.851%

Nearest Settlements


1Ancaster, Ontario
2Stoney Creek, Ontario
3Burlington, Ontario
4Caledonia, Ontario
5Dundas, Ontario
6Freelton, Ontario
7Copetown, Ontario
8Mount Hope, Ontario
9Lynden, Ontario
10Waterdown, Ontario
11Cayuga, Ontario
12St George Brant, Ontario
13Beamsville, Ontario
14Binbrook, Ontario
15St George, Ontario
16Millgrove, Ontario
17Brantford, Ontario
18Milton, Ontario
19Waterford, Ontario
20Burford, Ontario
21Puslinch, Ontario
22Princeton, Ontario
23Grimsby, Ontario
24Oakville, Ontario
25Cambridge, Ontario
26Hagersville, Ontario
27Guelph, Ontario
28Ayr, Ontario
29Smithville, Ontario
30Simcoe, Ontario
31Mississauga, Ontario
32Paris, Ontario
33Delhi, Ontario
34Selkirk, Ontario
35Campbellville, Ontario
36Dunnville, Ontario
37Scotland, Ontario
38Jarvis, Ontario
39Port Rowan, Ontario
40Port Dover, Ontario


Product Popularity for Hamilton


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 22.0%
Refinance: 21.5%
First-time Buyer: 20.2%
No Money Down: 12.7%
Renewal: 7.7%
Purchase: 6.8%
Variable Rate: 2.3%
Pre-approval: 1.4%
Low Doc: 1.1%
Second Mortgage: 0.9%
Investment: 0.9%
Other: 2.6%
 
Total Application Types Found: 17
 Hamilton Mortgage Product Popularity Pie Chart

Age Demographics for Hamilton Originated Mortgages

Average age: 37
Oldest age: 86
Youngest age: 19


Incomes for Hamilton Originated Mortgages

The following depicts the average income of Canadians living in Hamilton who have applied for a loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Hamilton: $50,945.84
applicants within all of Canada: $56,347.50
Difference: ($5,401.65)
  
mortgage co-applicants in Hamilton: $35,234.95
co-applicants within all of Canada: $39,330.70
Difference: ($4,095.75)

Note: Commercial Mortgages were not included for this report, only residential loans amounts were used.

Residential Status for Hamilton Mortgage Applicants

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 43.1%
Own: 45.8%
Other: 2.0%
No Comment: 4.1%
Live with parents: 5.0%
Hamilton Residential Status Pie Chart

Marital Status for Hamilton Mortgage Applicants

The following pie chart represents the marital status of applicants from Hamilton, Ontario using the preapproval application located at the CanEquity web site. Over 63% of the mortgage applicants are living with someone, while only 36% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.3%
Single: 24.5%
Common-law: 17.2%
Divorced: 7.0%
Separated: 4.5%
Widowed: 0.5%
Hamilton Marital Status Pie Chart