Oakville Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 7.21% | * 0.05% |
| 2009: | 14.10% | 0.10% |
| 2008: | 16.39% | 0.12% |
| 2007: | 11.80% | 0.09% |
| 2006: | 17.70% | 0.13% |
| 2005: | 9.51% | 0.07% |
| 2004: | 11.15% | 0.08% |
| 2003: | 7.87% | 0.06% |
| 2002: | 4.26% | 0.03% |
The following bar graph displays our website's individual monthly volume history for Internet applications received from Oakville, ON.
The bar graph below displays the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Oakville happen to occur during our first quarter (represented by the brown bars) with 35.74% while our slowest is the fourth quarter (represented by the red bars) with 16.07%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 13.4% | |
| 2: | January: | 11.2% | |
| 3: | February: | 11.2% | |
| 4: | April: | 10.5% | |
| 5: | September: | 8.8% | |
| 6: | May: | 8.5% | |
| 7: | August: | 7.5% | |
| 8: | November: | 6.9% | |
| 9: | July: | 6.6% | |
| 10: | June: | 6.2% | |
| 11: | October: | 4.9% | |
| 12: | December: | 4.3% |
The bar graph listed below plots the busy days for online mortgage applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Oakville, the day with the most volume, generating 18.03% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 7.21% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 18.0% | |
| 2: | Thursday: | 18.0% | |
| 3: | Tuesday: | 16.7% | |
| 4: | Monday: | 15.4% | |
| 5: | Friday: | 13.1% | |
| 6: | Sunday: | 11.5% | |
| 7: | Saturday: | 7.2% |
In Oakville, mortgages are received 24 hours a day on the CanEquity web site. The following indicates the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.7% |
| 01:00 to 01:59: | 0.3% |
| 02:00 to 02:59: | 0.7% |
| 04:00 to 04:59: | 0.3% |
| 05:00 to 05:59: | 0.7% |
| 06:00 to 06:59: | 2.3% |
| 07:00 to 07:59: | 7.5% |
| 08:00 to 08:59: | 5.9% |
| 09:00 to 09:59: | 8.2% |
| 10:00 to 10:59: | 11.1% |
| 11:00 to 11:59: | 5.9% |
| 12:00 to 12:59: | 4.6% |
| 13:00 to 13:59: | 7.2% |
| 14:00 to 14:59: | 6.2% |
| 15:00 to 15:59: | 7.5% |
| 16:00 to 16:59: | 3.6% |
| 17:00 to 17:59: | 4.3% |
| 18:00 to 18:59: | 5.9% |
| 19:00 to 19:59: | 4.9% |
| 20:00 to 20:59: | 5.2% |
| 21:00 to 21:59: | 3.0% |
| 22:00 to 22:59: | 2.6% |
| 23:00 to 23:59: | 1.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| 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: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 007: | KITCHENER, ON | 1.066% |
| 008: | SCARBOROUGH, ON | 0.927% |
| 009: | BARRIE, ON | 0.871% |
| 010: | WINDSOR, ON | 0.845% |
| 011: | BURLINGTON, ON | 0.817% |
| 012: | OAKVILLE, ON | 0.716% |
| 013: | OSHAWA, ON | 0.657% |
| 014: | CAMBRIDGE, ON | 0.606% |
| 015: | GUELPH, ON | 0.599% |
| 016: | ST CATHARINES, ON | 0.554% |
| 017: | BRANTFORD, ON | 0.547% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 21.0% | |
| Qualification: | 20.0% | |
| Refinance: | 17.7% | |
| First-time Buyer: | 13.1% | |
| No Money Down: | 9.2% | |
| Purchase: | 9.2% | |
| Variable Rate: | 2.3% | |
| Low Doc: | 1.6% | |
| Investment: | 1.6% | |
| Pre-approval: | 1.0% | |
| Recreational: | 1.0% | |
| Other: | 2.3% | |
| Total Application Types Found: 16 | ||
Average age: 40
Oldest age: 71
Youngest age: 20
The numbers below represent the average income of Canadians living in Oakville who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Oakville: | $77,686.34 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $19,103.95 |
| mortgage co-applicants in Oakville: | $47,638.55 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $6,412.73 |
The following depicts the residential status of people living in Oakville who have applied for a home loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 25.2% | |
| Own: | 62.6% | |
| Other: | 1.3% | |
| No Comment: | 2.0% | |
| Live with parents: | 8.9% |
The information below shows the marital status of applicants from Oakville, Ontario using the preapproval application found on the CanEquity Mortgage web site. In Oakville, approximately 64% of the mortgage applicants are living together with someone, while only 35% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 61.0% | |
| Single: | 26.2% | |
| Separated: | 5.2% | |
| Divorced: | 3.9% | |
| Common-law: | 3.3% | |
| Widowed: | 0.3% |
