Mississauga Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 1.38% | * 0.04% |
| 2009: | 18.73% | 0.49% |
| 2008: | 13.87% | 0.36% |
| 2007: | 14.23% | 0.37% |
| 2006: | 12.67% | 0.33% |
| 2005: | 12.31% | 0.32% |
| 2004: | 11.66% | 0.30% |
| 2003: | 9.83% | 0.26% |
| 2002: | 5.33% | 0.14% |
This bar graph depicts the individual monthly volume history for Internet applications submitted from Mississauga, ON.
This graph shows the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Mississauga seem to occur during our first quarter (represented by the brown bars) with 28.37% while our slowest is the fourth quarter (represented by the red bars) with 21.85%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 10.3% | |
| 2: | March: | 9.8% | |
| 3: | May: | 9.6% | |
| 4: | February: | 9.6% | |
| 5: | January: | 9.0% | |
| 6: | June: | 7.9% | |
| 7: | October: | 7.8% | |
| 8: | September: | 7.7% | |
| 9: | July: | 7.3% | |
| 10: | November: | 7.3% | |
| 11: | August: | 7.0% | |
| 12: | December: | 6.8% |
The information below plots the busy days for Internet mortgage applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Mississauga, the day with the most volume, generating 19.10% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 8.26% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.1% | |
| 2: | Tuesday: | 18.6% | |
| 3: | Thursday: | 15.9% | |
| 4: | Wednesday: | 15.2% | |
| 5: | Sunday: | 11.9% | |
| 6: | Friday: | 10.9% | |
| 7: | Saturday: | 8.3% |
Mortgage inquiries are received 24 hours a day from our 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.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.6% |
| 01:00 to 01:59: | 0.6% |
| 02:00 to 02:59: | 0.6% |
| 03:00 to 03:59: | 0.1% |
| 04:00 to 04:59: | 0.3% |
| 05:00 to 05:59: | 0.7% |
| 06:00 to 06:59: | 3.1% |
| 07:00 to 07:59: | 5.1% |
| 08:00 to 08:59: | 4.5% |
| 09:00 to 09:59: | 7.2% |
| 10:00 to 10:59: | 7.6% |
| 11:00 to 11:59: | 7.4% |
| 12:00 to 12:59: | 7.2% |
| 13:00 to 13:59: | 7.3% |
| 14:00 to 14:59: | 6.9% |
| 15:00 to 15:59: | 4.4% |
| 16:00 to 16:59: | 4.9% |
| 17:00 to 17:59: | 4.2% |
| 18:00 to 18:59: | 4.9% |
| 19:00 to 19:59: | 7.6% |
| 20:00 to 20:59: | 6.0% |
| 21:00 to 21:59: | 4.9% |
| 22:00 to 22:59: | 3.0% |
| 23:00 to 23:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.14% |
| British Columbia: | 10.92% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.89% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.09% |
| Ontario: | 48.84% |
| Prince Edward Island: | 0.43% |
| Quebec: | 4.05% |
| Saskatchewan: | 5.08% |
| Yukon Territories: | 0.25% |
| Location | Contribution | |
|---|---|---|
| 001: | TORONTO, ON | 4.933% |
| 002: | MISSISSAUGA, ON | 2.610% |
| 003: | OTTAWA, ON | 2.380% |
| 004: | LONDON, ON | 1.587% |
| 005: | BRAMPTON, ON | 1.553% |
| 006: | HAMILTON, ON | 1.501% |
| 007: | KITCHENER, ON | 1.069% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 22.8% | |
| Qualification: | 21.1% | |
| Refinance: | 14.2% | |
| Renewal: | 13.0% | |
| Purchase: | 10.8% | |
| No Money Down: | 7.5% | |
| Variable Rate: | 3.4% | |
| Pre-approval: | 1.4% | |
| Low Doc: | 1.0% | |
| Commercial: | 0.9% | |
| Investment: | 0.9% | |
| Other: | 2.8% | |
| Total Application Types Found: 19 | ||
Average age: 38
Oldest age: 89
Youngest age: 19
The information below represents the average income of applicants living in Mississauga who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Mississauga: | $64,932.54 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | $6,484.12 |
| mortgage co-applicants in Mississauga: | $43,484.27 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | $2,373.82 |
The following table represents the residential status of people living in Mississauga who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 41.0% | |
| Own: | 45.5% | |
| Other: | 2.5% | |
| No Comment: | 2.8% | |
| Live with parents: | 8.2% |
The following table and pie chart represents the marital status of applicants from Mississauga, Ontario using the preapproval application found on the CanEquity Mortgage web site. 67% of the mortgage applicants are either married or living common-law, while only 32% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.3% | |
| Single: | 25.7% | |
| Common-law: | 6.9% | |
| Separated: | 3.4% | |
| Divorced: | 3.3% | |
| Widowed: | 0.4% |
