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

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Midland

Year Year to Year
Comparison
** National
Contribution
2010: * 2.63% * 0.00%
2009: 26.32% 0.02%
2008: 7.89% 0.01%
2007: 13.16% 0.01%
2006: 10.53% 0.01%
2005: 5.26% 0.01%
2004: 13.16% 0.01%
2003: 15.79% 0.01%
2002: 5.26% 0.01%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 10.53% and 0.01% respectively. ** Total national contribution of Midland mortgages in the past is currently 0.09% with a projected target of 0.10%.

Busy Days for Mortgage Applications within Midland

The graph listed below plots the busy days for online inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Midland, the day with the most volume, generating 26.32% of all inquiries, is Thursday. In comparison, Saturday's are the slowest day with only 5.26% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Thursday: 26.3%
2: Monday: 18.4%
3: Tuesday: 18.4%
4: Wednesday: 13.2%
5: Friday: 10.5%
6: Sunday: 7.9%
7: Saturday: 5.3%
Busy Days Report for Midland Mortgages

Peak Hours for Based Mortgages within Midland

In Midland, mortgages are received 24 hours a day on the CanEquity web site. The information shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 28.9% of all mortgages are received before noon, while 68.4% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
02:00 to 02:59: 2.6%
04:00 to 04:59: 2.6%
05:00 to 05:59: 2.6%
06:00 to 06:59: 2.6%
07:00 to 07:59: 2.6%
09:00 to 09:59: 5.3%
10:00 to 10:59: 2.6%
11:00 to 11:59: 10.5%
12:00 to 12:59: 10.5%
13:00 to 13:59: 7.9%
14:00 to 14:59: 13.2%
15:00 to 15:59: 10.5%
16:00 to 16:59: 5.3%
17:00 to 17:59: 5.3%
18:00 to 18:59: 2.6%
20:00 to 20:59: 7.9%
23:00 to 23:59: 5.3%
Peak Hours Graph for Mortgages in Midland

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

Current City Standing within Ontario


Location Contribution
076:  TILLSONBURG, ON 0.098%
077:  SIMCOE, ON 0.094%
078:  SMITHS FALLS, ON 0.091%
079:  PEMBROKE, ON 0.091%
080:  FERGUS, ON 0.089%
081:  MIDLAND, ON 0.089%
082:  TECUMSEH, ON 0.087%
083:  ACTON, ON 0.087%
084:  BROOKLIN, ON 0.084%
085:  STOUFFVILLE, ON 0.084%
086:  AMHERSTBURG, ON 0.082%

Nearest Settlements


1Wasaga Beach, Ontario
2Penetanguishene, Ontario
3Waubaushene, Ontario
4Elmvale, Ontario
5Collingwood, Ontario
6Moonstone, Ontario
7Perkinsfield, Ontario
8Hawkestone, Ontario
9Barrie, Ontario
10Shanty Bay, Ontario
11Port Mcnicoll, Ontario
12Coldwater, Ontario
13Victoria Harbour, Ontario
14Warminister, Ontario
15Utopia, Ontario
16Willow Beach, Ontario
17New Lowell, Ontario
18Midhurst, Ontario
19Orillia, Ontario
20Ashburn, Ontario
21Innisfil, Ontario
22Churchill, Ontario
23Cannington, Ontario
24Keswick, Ontario
25Gilford, Ontario
26Sutton, Ontario
27Stayner, Ontario
28Angus, Ontario
29Sandford, Ontario
30Mount Albert, Ontario
31Beeton, Ontario
32Alliston, Ontario
33Pefferlaw, Ontario
34Baldwin, Ontario
35Holland Landing, Ontario
36Borden, Ontario
37Uxbridge, Ontario
38Beaverton, Ontario
39Jacksons Point, Ontario
40Brooklin, Ontario
41Everett, Ontario
42Badjeros, Ontario
43Woodville, Ontario
44Lisle, Ontario
45Sutton West, Ontario
46Loretto, Ontario


Product Popularity for Midland


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 34.2%
Qualification: 28.9%
First-time Buyer: 13.2%
Purchase: 10.5%
No Money Down: 7.9%
Renewal: 2.6%
Short Term Open: 2.6%
 
Total Application Types Found: 7
 Midland Mortgage Product Popularity Pie Chart

Age Demographics for Midland Mortgage Applicants

Average age: 40
Oldest age: 72
Youngest age: 23


Incomes for Midland Mortgage Applicants

The information below represents the average income of applicants living in Midland who have applied for a home loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Midland: $51,717.78
applicants within all of Canada: $58,592.40
Difference: ($6,874.63)
  
mortgage co-applicants in Midland: $36,549.09
co-applicants within all of Canada: $41,278.89
Difference: ($4,729.80)

Note: Commercial loan amounts were not included for this report, only residential mortgage loan amounts were used.

Residential Status for Midland Mortgage Applicants

The following depicts the residential status of people living in Midland who have submitted an inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 44.7%
Own: 47.4%
No Comment: 5.3%
Live with parents: 2.6%
Midland Residential Status Pie Chart

Marital Status for Midland Mortgage Applicants

The pie chart below represents the marital status of applicants from Midland, Ontario using the mortgage application located at the CanEquity web site. Over 57% of the mortgage applicants are living with someone, while only 36% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 36.8%
Common-law: 21.1%
Single: 15.8%
Separated: 13.2%
Divorced: 7.9%
Widowed: 5.3%
Midland Marital Status Pie Chart