Newmarket Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| 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% |
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%.
| Rank | Month | 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% |
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% |
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% |
| 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% |
| 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% |
| 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 | ||
Average age: 38
Oldest age: 81
Youngest age: 21
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 |
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% |
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% |
