Milton Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 10.62% | * 0.03% |
| 2009: | 18.58% | 0.05% |
| 2008: | 10.62% | 0.03% |
| 2007: | 10.62% | 0.03% |
| 2006: | 13.27% | 0.04% |
| 2005: | 13.27% | 0.04% |
| 2004: | 13.27% | 0.04% |
| 2003: | 7.08% | 0.02% |
| 2002: | 2.66% | 0.01% |
This bar graph illustrates the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Milton usually occur during our first quarter (represented by the brown bars) with 42.48% while our slowest is the fourth quarter (represented by the red bars) with 15.04%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 19.5% | |
| 2: | February: | 11.5% | |
| 3: | March: | 11.5% | |
| 4: | April: | 9.7% | |
| 5: | August: | 8.0% | |
| 6: | October: | 8.0% | |
| 7: | June: | 7.1% | |
| 8: | September: | 7.1% | |
| 9: | July: | 6.2% | |
| 10: | December: | 5.3% | |
| 11: | May: | 4.4% | |
| 12: | November: | 1.8% |
The data below plots the busy days for Internet applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Milton, the day with the most volume, generating 23.01% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 3.54% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 23.0% | |
| 2: | Tuesday: | 18.6% | |
| 3: | Thursday: | 17.7% | |
| 4: | Wednesday: | 15.9% | |
| 5: | Friday: | 10.6% | |
| 6: | Sunday: | 10.6% | |
| 7: | Saturday: | 3.5% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The information shown below represents the rush hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 0.9% |
| 02:00 to 02:59: | 0.9% |
| 05:00 to 05:59: | 0.9% |
| 06:00 to 06:59: | 3.5% |
| 07:00 to 07:59: | 2.7% |
| 08:00 to 08:59: | 3.5% |
| 09:00 to 09:59: | 8.8% |
| 10:00 to 10:59: | 9.7% |
| 11:00 to 11:59: | 8.8% |
| 12:00 to 12:59: | 8.0% |
| 13:00 to 13:59: | 8.8% |
| 14:00 to 14:59: | 8.0% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 5.3% |
| 17:00 to 17:59: | 4.4% |
| 18:00 to 18:59: | 8.0% |
| 19:00 to 19:59: | 4.4% |
| 20:00 to 20:59: | 2.7% |
| 21:00 to 21:59: | 1.8% |
| 22:00 to 22:59: | 2.7% |
| 23:00 to 23:59: | 0.9% |
| 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 | |
|---|---|---|
| 034: | CORNWALL, ON | 0.289% |
| 035: | THORNHILL, ON | 0.280% |
| 036: | SARNIA, ON | 0.278% |
| 037: | ORLEANS, ON | 0.275% |
| 038: | KANATA, ON | 0.273% |
| 039: | MILTON, ON | 0.266% |
| 040: | WOODSTOCK, ON | 0.259% |
| 041: | WELLAND, ON | 0.256% |
| 042: | BELLEVILLE, ON | 0.252% |
| 043: | CHATHAM, ON | 0.226% |
| 044: | WOODBRIDGE, ON | 0.226% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 22.1% | |
| First-time Buyer: | 18.6% | |
| Qualification: | 15.9% | |
| Renewal: | 12.4% | |
| No Money Down: | 11.5% | |
| Purchase: | 10.6% | |
| Fixed Rate: | 1.8% | |
| Commercial: | 1.8% | |
| Second Mortgage: | 1.8% | |
| Low Doc: | 0.9% | |
| Pre-approval: | 0.9% | |
| Home Renovation: | 0.9% | |
| Variable Rate: | 0.9% | |
| Total Application Types Found: 13 | ||
Average age: 36
Oldest age: 65
Youngest age: 21
The information below represents the average income of applicants living in Milton who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Milton: | $61,673.25 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | $3,092.00 |
| mortgage co-applicants in Milton: | $49,584.40 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | $8,374.83 |
The following depicts the residential status of people living in Milton who have submitted an inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 27.4% | |
| Own: | 56.6% | |
| Other: | 1.8% | |
| No Comment: | 2.7% | |
| Live with parents: | 11.5% |
The following pie chart represents the marital status of applicants from Milton, Ontario using the mortgage application located at the CanEquity web site. 66% of the mortgage applicants are either married or living common-law, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 54.9% | |
| Single: | 24.8% | |
| Common-law: | 11.5% | |
| Divorced: | 4.4% | |
| Separated: | 4.4% |
