North Bay Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 6.85% | * 0.02% |
| 2007: | 10.96% | 0.03% |
| 2006: | 12.33% | 0.03% |
| 2005: | 32.88% | 0.08% |
| 2004: | 17.81% | 0.04% |
| 2003: | 16.44% | 0.04% |
| 2002: | 2.74% | 0.01% |
The bar graph below displays the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from North Bay occur during our first quarter (represented by the brown bars) with 38.36% while our slowest is the fourth quarter (represented by the red bars) with 15.07%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 15.1% | |
| 2: | January: | 13.7% | |
| 3: | April: | 12.3% | |
| 4: | June: | 11.0% | |
| 5: | February: | 9.6% | |
| 6: | July: | 8.2% | |
| 7: | September: | 8.2% | |
| 8: | November: | 5.5% | |
| 9: | December: | 5.5% | |
| 10: | August: | 4.1% | |
| 11: | October: | 4.1% | |
| 12: | May: | 2.7% |
The bar graph listed below illustrates the busy days for mortgage applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In North Bay the busiest day, with approximately 21.92% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 9.59% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 21.9% | |
| 2: | Monday: | 17.8% | |
| 3: | Thursday: | 16.4% | |
| 4: | Sunday: | 12.3% | |
| 5: | Friday: | 11.0% | |
| 6: | Wednesday: | 11.0% | |
| 7: | Saturday: | 9.6% |
In North Bay, applications are received 24 hours a day via the CanEquity web site. The following indicates the busy hours in the day. The data is taken from all days of all years. Only 34.2% of all mortgages are received during the morning, while 65.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 4.1% |
| 07:00 to 07:59: | 5.5% |
| 08:00 to 08:59: | 4.1% |
| 09:00 to 09:59: | 6.8% |
| 10:00 to 10:59: | 2.7% |
| 11:00 to 11:59: | 9.6% |
| 12:00 to 12:59: | 2.7% |
| 13:00 to 13:59: | 12.3% |
| 14:00 to 14:59: | 11.0% |
| 15:00 to 15:59: | 6.8% |
| 16:00 to 16:59: | 1.4% |
| 17:00 to 17:59: | 6.8% |
| 18:00 to 18:59: | 5.5% |
| 19:00 to 19:59: | 11.0% |
| 20:00 to 20:59: | 4.1% |
| 21:00 to 21:59: | 4.1% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.48% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.35% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 038: | ORLEANS, ON | 0.262% |
| 039: | THORNHILL, ON | 0.262% |
| 040: | WELLAND, ON | 0.258% |
| 041: | CHATHAM, ON | 0.248% |
| 042: | KANATA, ON | 0.248% |
| 043: | NORTH BAY, ON | 0.242% |
| 044: | MILTON, ON | 0.238% |
| 045: | WOODBRIDGE, ON | 0.235% |
| 046: | STONEY CREEK, ON | 0.225% |
| 047: | ST THOMAS, ON | 0.212% |
| 048: | ORILLIA, ON | 0.209% |
| 1 | Corbeil, Ontario |
| 2 | Redbridge, Ontario |
| 3 | Bonfield, Ontario |
| 4 | Sundridge, Ontario |
| 5 | Sturgeon Falls, Ontario |
| 6 | Callander, Ontario |
| 7 | Field, Ontario |
| 8 | Mattawa, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 27.4% | |
| Qualification: | 26.0% | |
| Refinance: | 13.7% | |
| No Money Down: | 12.3% | |
| Commercial: | 8.2% | |
| Renewal: | 5.5% | |
| Purchase: | 2.7% | |
| Equity Mortgage: | 2.7% | |
| Investment: | 1.4% | |
| Total Application Types Found: 9 | ||
Average age: 39
Oldest age: 69
Youngest age: 21
The information below represents the average income of applicants living in North Bay who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in North Bay: | $45,226.39 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | ($11,157.91) |
| mortgage co-applicants in North Bay: | $43,947.06 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | $4,571.53 |
The table and pie chart below represents the residential status of people living in North Bay who have applied for a mortgage using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 42.5% | |
| Own: | 45.2% | |
| Other: | 1.4% | |
| No Comment: | 2.7% | |
| Live with parents: | 8.2% |
The information below shows the marital status of applicants from North Bay, Ontario using the mortgage application found at canequity.com. In North Bay, over 58% of the mortgage applicants are living common-law or married, while only 41% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 49.3% | |
| Single: | 27.4% | |
| Common-law: | 9.6% | |
| Separated: | 8.2% | |
| Divorced: | 5.5% |
