Markham Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 8.38% | * 0.04% |
| 2009: | 18.32% | 0.08% |
| 2008: | 9.42% | 0.04% |
| 2007: | 12.57% | 0.06% |
| 2006: | 14.66% | 0.07% |
| 2005: | 16.75% | 0.07% |
| 2004: | 7.33% | 0.03% |
| 2003: | 9.95% | 0.04% |
| 2002: | 2.62% | 0.01% |
This bar graph represents the individual monthly volume history for Internet applications received from Markham, ON.
This bar graph depicts the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Markham mostly occur during our first quarter (represented by the brown bars) with 37.17% while our slowest is the fourth quarter (represented by the red bars) with 14.66%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 15.7% | |
| 2: | February: | 13.6% | |
| 3: | September: | 10.5% | |
| 4: | April: | 9.9% | |
| 5: | May: | 9.4% | |
| 6: | July: | 8.4% | |
| 7: | January: | 7.8% | |
| 8: | October: | 6.3% | |
| 9: | June: | 5.8% | |
| 10: | November: | 5.2% | |
| 11: | August: | 4.2% | |
| 12: | December: | 3.1% |
The data below displays the busy days for online mortgage 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, with approximately 23.04% of all submissions, is Monday. In comparison, Sunday's are the slowest day with only 8.38% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 23.0% | |
| 2: | Tuesday: | 19.4% | |
| 3: | Wednesday: | 16.8% | |
| 4: | Thursday: | 13.6% | |
| 5: | Friday: | 9.9% | |
| 6: | Saturday: | 8.9% | |
| 7: | Sunday: | 8.4% |
Markham mortgage applications are received 24 hours a day from the CanEquity web site. The following indicates the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.1% |
| 01:00 to 01:59: | 0.5% |
| 05:00 to 05:59: | 2.1% |
| 06:00 to 06:59: | 4.2% |
| 07:00 to 07:59: | 4.7% |
| 08:00 to 08:59: | 7.9% |
| 09:00 to 09:59: | 8.4% |
| 10:00 to 10:59: | 5.8% |
| 11:00 to 11:59: | 7.3% |
| 12:00 to 12:59: | 8.4% |
| 13:00 to 13:59: | 3.1% |
| 14:00 to 14:59: | 8.9% |
| 15:00 to 15:59: | 4.7% |
| 16:00 to 16:59: | 4.2% |
| 17:00 to 17:59: | 4.7% |
| 18:00 to 18:59: | 1.6% |
| 19:00 to 19:59: | 5.8% |
| 20:00 to 20:59: | 6.3% |
| 21:00 to 21:59: | 4.7% |
| 22:00 to 22:59: | 2.1% |
| 23:00 to 23:59: | 2.6% |
| 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 | |
|---|---|---|
| 017: | BRANTFORD, ON | 0.548% |
| 018: | RICHMOND HILL, ON | 0.543% |
| 019: | ETOBICOKE, ON | 0.541% |
| 020: | KINGSTON, ON | 0.527% |
| 021: | NORTH YORK, ON | 0.482% |
| 022: | MARKHAM, ON | 0.449% |
| 023: | AJAX, ON | 0.407% |
| 024: | THUNDER BAY, ON | 0.397% |
| 025: | PETERBOROUGH, ON | 0.397% |
| 026: | WATERLOO, ON | 0.397% |
| 027: | WHITBY, ON | 0.376% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 24.6% | |
| Renewal: | 21.5% | |
| Qualification: | 15.7% | |
| Refinance: | 10.5% | |
| Purchase: | 7.9% | |
| No Money Down: | 6.8% | |
| Variable Rate: | 5.8% | |
| Second Mortgage: | 2.1% | |
| Pre-approval: | 1.6% | |
| Commercial: | 1.0% | |
| Equity Mortgage: | 1.0% | |
| Investment: | 1.0% | |
| Other: | 0.5% | |
| Total Application Types Found: 13 | ||
Average age: 36
Oldest age: 64
Youngest age: 19
The following figures show the average income of people living in Markham who have applied for a mortgage loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Markham: | $67,510.93 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | $8,929.69 |
| mortgage co-applicants in Markham: | $50,152.31 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | $8,942.74 |
The pie chart below shows the residential status of people living in Markham who have applied for a mortgage loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 29.8% | |
| Own: | 54.5% | |
| Other: | 1.0% | |
| No Comment: | 1.6% | |
| Live with parents: | 13.1% |
The following table and pie chart represents the marital status of applicants from Markham, Ontario using the mortgage application found on the CanEquity Mortgage web site. 63% of the mortgage applicants are either married or living common-law, while only 36% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.6% | |
| Single: | 30.9% | |
| Common-law: | 5.2% | |
| Divorced: | 3.7% | |
| Separated: | 1.6% |
