North Bay Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.13% | * 0.01% |
| 2009: | 17.02% | 0.04% |
| 2008: | 8.51% | 0.02% |
| 2007: | 8.51% | 0.02% |
| 2006: | 9.57% | 0.02% |
| 2005: | 25.53% | 0.06% |
| 2004: | 13.83% | 0.03% |
| 2003: | 12.77% | 0.03% |
| 2002: | 2.13% | 0.01% |
The following displays the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from North Bay seem to occur during our first quarter (represented by the brown bars) with 36.17% while our slowest is the fourth quarter (represented by the red bars) with 12.77%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 16.0% | |
| 2: | January: | 12.8% | |
| 3: | July: | 11.7% | |
| 4: | April: | 10.6% | |
| 5: | June: | 10.6% | |
| 6: | May: | 7.5% | |
| 7: | February: | 7.5% | |
| 8: | September: | 7.5% | |
| 9: | November: | 4.3% | |
| 10: | December: | 4.3% | |
| 11: | October: | 4.3% | |
| 12: | August: | 3.2% |
The information listed below illustrates the busy days for Internet 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 North Bay, the day with the most volume, generating 23.40% of all applications, is Tuesday. In comparison, Friday's are the slowest day with only 9.57% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 23.4% | |
| 2: | Monday: | 16.0% | |
| 3: | Thursday: | 16.0% | |
| 4: | Sunday: | 12.8% | |
| 5: | Wednesday: | 11.7% | |
| 6: | Saturday: | 10.6% | |
| 7: | Friday: | 9.6% |
In North Bay, inquiries are received 24 hours a day on the CanEquity web site. The report shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 35.1% of all mortgages are received before noon, while 64.9% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 1.1% |
| 06:00 to 06:59: | 4.3% |
| 07:00 to 07:59: | 5.3% |
| 08:00 to 08:59: | 6.4% |
| 09:00 to 09:59: | 6.4% |
| 10:00 to 10:59: | 3.2% |
| 11:00 to 11:59: | 8.5% |
| 12:00 to 12:59: | 3.2% |
| 13:00 to 13:59: | 10.6% |
| 14:00 to 14:59: | 10.6% |
| 15:00 to 15:59: | 7.4% |
| 16:00 to 16:59: | 1.1% |
| 17:00 to 17:59: | 6.4% |
| 18:00 to 18:59: | 7.4% |
| 19:00 to 19:59: | 9.6% |
| 20:00 to 20:59: | 3.2% |
| 21:00 to 21:59: | 4.3% |
| 22:00 to 22:59: | 1.1% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.86% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.11% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.15% |
| Saskatchewan: | 5.06% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 040: | WOODSTOCK, ON | 0.258% |
| 041: | WELLAND, ON | 0.255% |
| 042: | BELLEVILLE, ON | 0.251% |
| 043: | CHATHAM, ON | 0.230% |
| 044: | WOODBRIDGE, ON | 0.227% |
| 045: | NORTH BAY, ON | 0.220% |
| 046: | STONEY CREEK, ON | 0.218% |
| 047: | ST THOMAS, ON | 0.206% |
| 048: | ORILLIA, ON | 0.204% |
| 049: | TIMMINS, ON | 0.204% |
| 050: | AURORA, ON | 0.192% |
| 1 | Corbeil, Ontario |
| 2 | Redbridge, Ontario |
| 3 | Bonfield, Ontario |
| 4 | Sundridge, Ontario |
| 5 | Sturgeon Falls, Ontario |
| 6 | Astorville, Ontario |
| 7 | Callander, Ontario |
| 8 | Field, Ontario |
| 9 | Mattawa, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 27.7% | |
| Qualification: | 26.6% | |
| No Money Down: | 12.8% | |
| Refinance: | 11.7% | |
| Commercial: | 6.4% | |
| Renewal: | 5.3% | |
| Purchase: | 4.3% | |
| Equity Mortgage: | 2.1% | |
| Low Doc: | 1.1% | |
| Pre-approval: | 1.1% | |
| Investment: | 1.1% | |
| Total Application Types Found: 11 | ||
Average age: 38
Oldest age: 69
Youngest age: 20
The following depicts the average income of Canadians living in North Bay who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in North Bay: | $45,634.41 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | ($12,957.99) |
| mortgage co-applicants in North Bay: | $40,827.93 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | ($450.97) |
The chart and pie-graph below depicts the residential status of people living in North Bay who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.7% | |
| Own: | 43.6% | |
| Other: | 2.1% | |
| No Comment: | 2.1% | |
| Live with parents: | 6.4% |
The following information represents the marital status of applicants from North Bay, Ontario using the mortgage preapproval application located at canequity.com. In North Bay, approximately 63% of the mortgage applicants are living common-law or married, while only 36% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 25.5% | |
| Common-law: | 13.8% | |
| Separated: | 6.4% | |
| Divorced: | 4.3% |
