Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Mississauga: Sunday, September 5, 2010   
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Mississauga Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Mississauga

Year Year to Year
Comparison
** National
Contribution
2010: * 8.91% * 0.23%
2009: 17.30% 0.45%
2008: 12.81% 0.33%
2007: 13.15% 0.34%
2006: 11.71% 0.30%
2005: 11.37% 0.29%
2004: 10.77% 0.28%
2003: 9.07% 0.23%
2002: 4.92% 0.13%

Note: * These values are the percentages up to Sunday, September 5, 2010. Estimated volume targets for the entire 2010 year are 12.13% and 0.31% respectively. ** Total national contribution of Mississauga mortgages in the past is currently 2.59% with a projected target of 2.67%.

Monthly Volume History for Mortgages Originating from Mississauga

This graph depicts the individual monthly volume history for Internet pre-approval applications received from Mississauga, ON.


Monthly Volume Report for Mississauga Mortgages

Busy Months for Applications within Mississauga

This graph represents the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Mississauga usually occur during our first quarter (represented by the brown bars) with 28.84% while our slowest is the fourth quarter (represented by the red bars) with 20.19%.

RankMonth Percentage
of Inquiries
1: April: 10.5%
2: March: 10.5%
3: February: 10.0%
4: May: 9.5%
5: June: 8.5%
6: January: 8.3%
7: July: 7.5%
8: August: 7.5%
9: September: 7.4%
10: October: 7.2%
11: November: 6.7%
12: December: 6.3%
Busy Months Report for Mississauga Mortgages

Busy Days for Mortgage Applications within Mississauga

The bar graph below illustrates the busy days for online inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Mississauga the most busy day of the week, with 18.91% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 8.31% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 18.9%
2: Monday: 18.8%
3: Thursday: 15.8%
4: Wednesday: 15.5%
5: Sunday: 11.4%
6: Friday: 11.2%
7: Saturday: 8.3%
Busy Days Report for Mississauga Mortgages

Peak Hours for Based Mortgages within Mississauga

In Mississauga, mortgages are received 24 hours a day on our web site. The information shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 36.0% of all mortgages are received before noon, while 62.0% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 0.8%
01:00 to 01:59: 0.5%
02:00 to 02:59: 0.7%
03:00 to 03:59: 0.1%
04:00 to 04:59: 0.3%
05:00 to 05:59: 0.9%
06:00 to 06:59: 3.0%
07:00 to 07:59: 5.2%
08:00 to 08:59: 4.7%
09:00 to 09:59: 7.2%
10:00 to 10:59: 7.3%
11:00 to 11:59: 7.5%
12:00 to 12:59: 7.0%
13:00 to 13:59: 7.5%
14:00 to 14:59: 6.9%
15:00 to 15:59: 4.4%
16:00 to 16:59: 4.7%
17:00 to 17:59: 4.4%
18:00 to 18:59: 5.2%
19:00 to 19:59: 7.3%
20:00 to 20:59: 6.1%
21:00 to 21:59: 4.6%
22:00 to 22:59: 3.1%
23:00 to 23:59: 0.8%
Peak Hours Graph for Mortgages in Mississauga

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.21%
British Columbia: 10.79%
Manitoba: 2.11%
New Brunswick: 2.19%
Newfoundland and Labrador: 1.17%
Nova Scotia: 3.03%
Northwest Territories: 0.32%
Nunavut: 0.09%
Ontario 48.60%
Prince Edward Island: 0.46%
Quebec: 4.12%
Saskatchewan: 5.02%
Yukon Territories: 0.28%
Mississauga Mortgages

Current City Standing within Ontario


Location Contribution
001:  TORONTO, ON 4.845%
002:  MISSISSAUGA, ON 2.588%
003:  OTTAWA, ON 2.430%
004:  BRAMPTON, ON 1.565%
005:  LONDON, ON 1.561%
006:  HAMILTON, ON 1.508%
007:  KITCHENER, ON 1.047%

Nearest Settlements


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Product Popularity for Mississauga


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 23.0%
Qualification: 21.1%
Refinance: 13.9%
Renewal: 13.4%
Purchase: 10.7%
No Money Down: 7.7%
Variable Rate: 3.3%
Pre-approval: 1.4%
Low Doc: 1.0%
Commercial: 0.9%
Other: 3.6%
 
Total Application Types Found: 19
 Mississauga Mortgage Product Popularity Pie Chart

Age Demographics for Mississauga Mortgage Applicants

Average age: 38
Oldest age: 89
Youngest age: 19


Incomes for Mississauga Mortgage Applicants

The following figures show the average income of people living in Mississauga who have submitted a mortgage inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Mississauga: $65,661.22
applicants within all of Canada: $58,950.13
Difference: $6,711.09
  
mortgage co-applicants in Mississauga: $43,881.38
co-applicants within all of Canada: $41,517.38
Difference: $2,364.00

Note: Commercial loans were not included for this report, only residential mortgages from Mississauga, Ontario were used.

Residential Status for Mississauga Applicants

The information shown below represents the residential status of people living in Mississauga who have submitted a mortgage inquiry using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.2%
Own: 46.4%
Other: 2.7%
No Comment: 2.6%
Live with parents: 8.1%
Mississauga Residential Status Pie Chart

Marital Status for Mississauga Applicants

The following information represents the marital status of applicants from Mississauga, Ontario using the online mortgage application found on the CanEquity Mortgage web site. Approximately 67% of the mortgage applicants are living with someone, while only 32% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 60.3%
Single: 25.3%
Common-law: 7.3%
Separated: 3.5%
Divorced: 3.3%
Widowed: 0.3%
Mississauga Marital Status Pie Chart