Last report update for Milton: Sunday, March 14, 2010
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Milton Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Milton

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%

Note: * These values are the percentages up to Sunday, March 14, 2010. Estimated volume targets for the entire 2010 year are 48.67% and 0.13% respectively. ** Total national contribution of Milton mortgages in the past is currently 0.26% with a projected target of 0.36%.

Busy Months for Applications within Milton

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%.

RankMonth 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%
Busy Months Report for Milton Mortgages

Busy Days for Mortgage Applications within Milton

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%
Busy Days Report for Milton Mortgages

Peak Hours for Mortgages within Milton

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%
Peak Hours Graph for Mortgages in Milton

Note: Only hours that have had mortgages from Milton, 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: 10.88%
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%
Milton Mortgages

Current City Standing within Ontario


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%

Nearest Settlements


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Product Popularity for Milton


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
 Milton Mortgage Product Popularity Pie Chart

Age Demographics for Milton Mortgages

Average age: 36
Oldest age: 65
Youngest age: 21


Incomes for Milton Mortgages

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

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

Residential Status for Milton Applicants

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%
Milton Residential Status Pie Chart

Marital Status for Milton Applicants

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%
Milton Marital Status Pie Chart