Last report update for Newmarket: Tuesday, May 6, 2008
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Newmarket Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Newmarket

Year Year to Year
Comparison
** National
Contribution
2008: * 8.89% * 0.03%
2007: 23.33% 0.07%
2006: 16.67% 0.05%
2005: 18.89% 0.06%
2004: 15.56% 0.05%
2003: 11.11% 0.03%
2002: 5.56% 0.02%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 23.33% and 0.07% respectively. ** Total national contribution of Newmarket mortgages in the past is currently 0.30% with a projected target of 0.34%.

Busy Months for Mortgages Originating within Newmarket

The bar graph below depicts the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Newmarket mostly occur during our first quarter (represented by the brown bars) with 34.44% while our slowest is the fourth quarter (represented by the red bars) with 20.00%.

RankMonth Percentage
of Inquiries
1: January: 14.4%
2: May: 12.2%
3: February: 12.2%
4: July: 11.1%
5: August: 11.1%
6: March: 7.8%
7: October: 7.8%
8: November: 6.7%
9: December: 5.6%
10: June: 4.4%
11: April: 3.3%
12: September: 3.3%
Busy Months Report for Newmarket Mortgages

Busy Days for Mortgages Originating within Newmarket

The information listed below shows the busy days for online mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Newmarket, the day with the most volume, generating 22.22% of all applications, is Monday. In comparison, Sunday's are the slowest day with only 6.67% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 22.2%
2: Tuesday: 21.1%
3: Friday: 20.0%
4: Wednesday: 12.2%
5: Thursday: 10.0%
6: Saturday: 7.8%
7: Sunday: 6.7%
Busy Days Report for Newmarket Mortgages

Peak Hours for Applicants within Newmarket

Mortgage inquiries are received 24 hours a day on our web site. The time periods below indicates the peak hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.1%
02:00 to 02:59: 2.2%
03:00 to 03:59: 1.1%
04:00 to 04:59: 1.1%
05:00 to 05:59: 1.1%
06:00 to 06:59: 1.1%
07:00 to 07:59: 7.8%
08:00 to 08:59: 11.1%
09:00 to 09:59: 7.8%
10:00 to 10:59: 7.8%
11:00 to 11:59: 5.6%
12:00 to 12:59: 7.8%
13:00 to 13:59: 7.8%
14:00 to 14:59: 6.7%
15:00 to 15:59: 2.2%
16:00 to 16:59: 3.3%
17:00 to 17:59: 4.4%
18:00 to 18:59: 3.3%
19:00 to 19:59: 7.8%
20:00 to 20:59: 5.6%
21:00 to 21:59: 1.1%
22:00 to 22:59: 2.2%
Peak Hours Graph for Mortgages in Newmarket

Note: Only hours that have had mortgages from Newmarket, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia: 11.49%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.12%
Nova Scotia: 2.77%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario 48.62%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.60%
Yukon Territories: 0.21%
Newmarket Mortgages

Current City Standing within Ontario


Location Contribution
027:  SAULT STE MARIE, ON 0.366%
028:  AJAX, ON 0.362%
029:  WATERLOO, ON 0.342%
030:  PICKERING, ON 0.339%
031:  SUDBURY, ON 0.319%
032:  NEWMARKET, ON 0.299%
033:  NEPEAN, ON 0.299%
034:  SARNIA, ON 0.273%
035:  WOODSTOCK, ON 0.269%
036:  BELLEVILLE, ON 0.269%
037:  CORNWALL, ON 0.266%

Nearest Settlements


1Sharon, Ontario
2Holland Landing, Ontario
3Gormley, Ontario
4Everett, Ontario
5Bradford, Ontario
6King City, Ontario
7Borden, Ontario
8Lisle, Ontario
9Aurora, Ontario
10Loretto, Ontario
11Markham, Ontario
12Cookstown, Ontario
13Keswick, Ontario
14Sutton, Ontario
15Caledon, Ontario
16Tottenham, Ontario
17Angus, Ontario
18Mount Albert, Ontario
19Beeton, Ontario
20Alliston, Ontario
21Maple, Ontario
22Pickering, Ontario
23Badjeros, Ontario
24Sandford, Ontario
25Richmond Hill, Ontario
26Goodwood, Ontario
27Downsview, Ontario
28Stouffville, Ontario
29Shelburne, Ontario
30Bolton, Ontario
31Unionville, Ontario
32Concord, Ontario
33Claremont, Ontario
34Greenwood, Ontario
35Utopia, Ontario
36Willow Beach, Ontario
37Woodbridge, Ontario
38Uxbridge, Ontario
39Stayner, Ontario
40Ajax, Ontario
41Schomberg, Ontario
42Ashburn, Ontario
43Palgrave, Ontario
44New Lowell, Ontario
45Orangeville, Ontario
46Scarborough, Ontario
47Kleinburg, Ontario
48Cheltenham, Ontario
49Brooklin, Ontario
50Elora, Ontario
51Thornhill, Ontario
52Willowdale, Ontario
53Alton, Ontario
54Barrie, Ontario
55Hillsburgh, Ontario
56Shanty Bay, Ontario
57Don Mills, Ontario
58East York, Ontario
59Gilford, Ontario
60North York, Ontario
61Oshawa, Ontario
62Whitby, Ontario
63Grand Valley, Ontario
64Vaughan, Ontario
65Brampton, Ontario
66Fergus, Ontario
67Georgetown, Ontario
68Collingwood, Ontario
69Toronto, Ontario
70Midhurst, Ontario
71Erin, Ontario
72Orono, Ontario
73Courtice, Ontario
74Creemore, Ontario
75Hawkestone, Ontario
76Churchill, Ontario
77Wasaga Beach, Ontario
78York, Ontario
79Etobicoke, Ontario
80Bowmanville, Ontario
81Arthur, Ontario
82Newcastle, Ontario
83Elmvale, Ontario
84Halton Hills, Ontario
85Rockwood, Ontario


Product Popularity for Newmarket


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 25.6%
Qualification: 16.7%
First-time Buyer: 16.7%
Renewal: 12.2%
Purchase: 12.2%
No Money Down: 6.7%
Variable Rate: 3.3%
Pre-approval: 2.2%
Second Mortgage: 2.2%
Low Doc: 1.1%
Commercial: 1.1%
 
Total Application Types Found: 11
 Newmarket Mortgage Product Popularity Pie Chart

Age Demographics for Newmarket Originated Mortgages

Average age: 38
Oldest age: 81
Youngest age: 21


Incomes for Newmarket Originated Mortgages

The amounts below are the average income of applicants living in Newmarket who have applied for a mortgage loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Newmarket: $61,863.28
applicants within all of Canada: $56,347.50
Difference: $5,515.79
  
mortgage co-applicants in Newmarket: $49,276.02
co-applicants within all of Canada: $39,330.70
Difference: $9,945.32

Note: Commercial Mortgage loans were not included for this section, only residential mortgages from Newmarket, Ontario were used.

Residential Status for Newmarket Mortgages

The following table represents the residential status of people living in Newmarket who have applied for a home loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 28.9%
Own: 60.0%
Other: 3.3%
No Comment: 1.1%
Live with parents: 6.7%
Newmarket Residential Status Pie Chart

Marital Status for Newmarket Mortgages

The following information represents the marital status of applicants from Newmarket, Ontario using the mortgage application found at canequity.com. Over 73% of the mortgage applicants are living with someone, while only 26% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 56.7%
Single: 17.8%
Common-law: 16.7%
Separated: 5.6%
Divorced: 3.3%
Newmarket Marital Status Pie Chart