Peterborough Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 7.89% | * 0.03% |
| 2007: | 23.68% | 0.09% |
| 2006: | 10.53% | 0.04% |
| 2005: | 20.18% | 0.08% |
| 2004: | 13.16% | 0.05% |
| 2003: | 17.54% | 0.07% |
| 2002: | 7.02% | 0.03% |
This bar graph illustrates the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Peterborough seem to occur during our third quarter (represented by the blue bars) with 31.58% while our slowest is the fourth quarter (represented by the red bars) with 14.91%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | September: | 13.2% | |
| 2: | April: | 10.5% | |
| 3: | February: | 9.7% | |
| 4: | August: | 9.7% | |
| 5: | March: | 9.7% | |
| 6: | May: | 8.8% | |
| 7: | July: | 8.8% | |
| 8: | January: | 7.9% | |
| 9: | November: | 7.0% | |
| 10: | June: | 7.0% | |
| 11: | October: | 5.3% | |
| 12: | December: | 2.6% |
The information listed below shows the busy days for mortgage applications that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Peterborough, the day with the most volume, having more than 22.81% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 3.51% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 22.8% | |
| 2: | Monday: | 17.5% | |
| 3: | Thursday: | 16.7% | |
| 4: | Wednesday: | 14.9% | |
| 5: | Sunday: | 14.0% | |
| 6: | Friday: | 10.5% | |
| 7: | Saturday: | 3.5% |
Applications are received 24 hours a day from the CanEquity web site. The time periods below indicates the busy hours over 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: | 0.9% |
| 01:00 to 01:59: | 0.9% |
| 06:00 to 06:59: | 1.8% |
| 07:00 to 07:59: | 3.5% |
| 08:00 to 08:59: | 7.0% |
| 09:00 to 09:59: | 5.3% |
| 10:00 to 10:59: | 10.5% |
| 11:00 to 11:59: | 4.4% |
| 12:00 to 12:59: | 5.3% |
| 13:00 to 13:59: | 4.4% |
| 14:00 to 14:59: | 7.0% |
| 15:00 to 15:59: | 7.9% |
| 16:00 to 16:59: | 6.1% |
| 17:00 to 17:59: | 4.4% |
| 18:00 to 18:59: | 8.8% |
| 19:00 to 19:59: | 7.0% |
| 20:00 to 20:59: | 6.1% |
| 21:00 to 21:59: | 7.0% |
| 22:00 to 22:59: | 1.8% |
| 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 | |
|---|---|---|
| 018: | CAMBRIDGE, ON | 0.542% |
| 019: | RICHMOND HILL, ON | 0.529% |
| 020: | NORTH YORK, ON | 0.505% |
| 021: | KINGSTON, ON | 0.489% |
| 022: | MARKHAM, ON | 0.435% |
| 023: | PETERBOROUGH, ON | 0.379% |
| 024: | THUNDER BAY, ON | 0.376% |
| 025: | NIAGARA FALLS, ON | 0.372% |
| 026: | WHITBY, ON | 0.369% |
| 027: | SAULT STE MARIE, ON | 0.366% |
| 028: | AJAX, ON | 0.362% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.7% | |
| Refinance: | 19.3% | |
| No Money Down: | 14.0% | |
| First-time Buyer: | 13.2% | |
| Renewal: | 12.3% | |
| Purchase: | 7.0% | |
| Low Doc: | 2.6% | |
| Variable Rate: | 2.6% | |
| Recreational: | 1.8% | |
| Commercial: | 0.9% | |
| Second Mortgage: | 0.9% | |
| Investment: | 0.9% | |
| Home Renovation: | 0.9% | |
| Total Application Types Found: 13 | ||
Average age: 38
Oldest age: 65
Youngest age: 20
The following figures show the average income of people living in Peterborough who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Peterborough: | $51,608.95 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | ($4,738.54) |
| mortgage co-applicants in Peterborough: | $52,510.79 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | $13,180.09 |
The information below represents the residential status of people living in Peterborough who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.4% | |
| Own: | 53.5% | |
| No Comment: | 3.5% | |
| Live with parents: | 2.6% |
The pie chart below represents the marital status of applicants from Peterborough, Ontario using the mortgage preapproval application located at the CanEquity web site. 63% of the mortgage applicants are living common-law or married, while only 35% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 52.6% | |
| Single: | 24.6% | |
| Common-law: | 10.5% | |
| Divorced: | 8.8% | |
| Separated: | 2.6% | |
| Widowed: | 0.9% |
