Markham Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 7.58% | * 0.03% |
| 2007: | 18.18% | 0.08% |
| 2006: | 21.21% | 0.09% |
| 2005: | 24.24% | 0.11% |
| 2004: | 10.61% | 0.05% |
| 2003: | 14.39% | 0.06% |
| 2002: | 3.79% | 0.02% |
This graph depicts the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Markham seem to occur during our first quarter (represented by the brown bars) with 34.85% while our slowest is the fourth quarter (represented by the red bars) with 15.15%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 17.4% | |
| 2: | April: | 11.4% | |
| 3: | February: | 10.6% | |
| 4: | September: | 10.6% | |
| 5: | July: | 9.8% | |
| 6: | May: | 8.3% | |
| 7: | November: | 6.8% | |
| 8: | January: | 6.8% | |
| 9: | June: | 6.1% | |
| 10: | October: | 5.3% | |
| 11: | August: | 3.8% | |
| 12: | December: | 3.0% |
The data below illustrates the busy days for Internet applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Markham the busiest day of the week, with 20.45% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 6.82% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.4% | |
| 2: | Wednesday: | 20.4% | |
| 3: | Tuesday: | 18.9% | |
| 4: | Thursday: | 13.6% | |
| 5: | Friday: | 12.9% | |
| 6: | Sunday: | 6.8% | |
| 7: | Saturday: | 6.8% |
In Markham, mortgage applications are received 24 hours a day from the CanEquity web site. The report shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 41.7% of all mortgages are received before noon, while 55.3% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.3% |
| 01:00 to 01:59: | 0.8% |
| 05:00 to 05:59: | 3.0% |
| 06:00 to 06:59: | 1.5% |
| 07:00 to 07:59: | 5.3% |
| 08:00 to 08:59: | 9.8% |
| 09:00 to 09:59: | 10.6% |
| 10:00 to 10:59: | 6.1% |
| 11:00 to 11:59: | 5.3% |
| 12:00 to 12:59: | 9.1% |
| 13:00 to 13:59: | 3.8% |
| 14:00 to 14:59: | 10.6% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 3.0% |
| 17:00 to 17:59: | 3.8% |
| 18:00 to 18:59: | 2.3% |
| 19:00 to 19:59: | 3.8% |
| 20:00 to 20:59: | 3.8% |
| 21:00 to 21:59: | 5.3% |
| 22:00 to 22:59: | 1.5% |
| 23:00 to 23:59: | 3.0% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 017: | GUELPH, ON | 0.553% |
| 018: | CAMBRIDGE, ON | 0.540% |
| 019: | RICHMOND HILL, ON | 0.533% |
| 020: | NORTH YORK, ON | 0.503% |
| 021: | KINGSTON, ON | 0.490% |
| 022: | MARKHAM, ON | 0.437% |
| 023: | PETERBOROUGH, ON | 0.381% |
| 024: | NIAGARA FALLS, ON | 0.377% |
| 025: | THUNDER BAY, ON | 0.374% |
| 026: | WHITBY, ON | 0.371% |
| 027: | SAULT STE MARIE, ON | 0.367% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 25.0% | |
| Renewal: | 18.2% | |
| Qualification: | 14.4% | |
| Refinance: | 12.9% | |
| Purchase: | 9.1% | |
| Variable Rate: | 6.8% | |
| No Money Down: | 6.1% | |
| Second Mortgage: | 3.0% | |
| Pre-approval: | 2.3% | |
| Other: | 2.4% | |
| Total Application Types Found: 12 | ||
Average age: 36
Oldest age: 64
Youngest age: 19
The information below represents the average income of applicants living in Markham who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Markham: | $63,467.95 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | $7,083.65 |
| mortgage co-applicants in Markham: | $42,133.58 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | $2,758.05 |
The information below represents the residential status of people living in Markham who have applied for a loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 32.6% | |
| Own: | 52.3% | |
| Other: | 0.8% | |
| No Comment: | 2.3% | |
| Live with parents: | 12.1% |
The following information represents the marital status of applicants from Markham, Ontario using the online mortgage application found at canequity.com. In Markham, over 68% of the mortgage applicants are living together with someone, while only 31% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 62.1% | |
| Single: | 29.5% | |
| Common-law: | 6.1% | |
| Divorced: | 1.5% | |
| Separated: | 0.8% |
