Last report update for Port Colborne: Tuesday, May 13, 2008
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Port Colborne Mortgage
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Related Links:
Crystal Beach
Fonthill
Fort Erie
Lowbanks
Niagara Falls
Niagara On The Lake
Ridgeway
Thorold
Welland
Wellandport

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Port Colborne Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Port Colborne

Year Year to Year
Comparison
** National
Contribution
2007: 17.39% 0.01%
2006: 8.70% 0.01%
2005: 8.70% 0.01%
2004: 39.13% 0.03%
2003: 17.39% 0.01%
2002: 8.70% 0.01%

Note: ** Total national contribution of Port Colborne mortgages in the past is currently 0.08% with a projected target of 0.08%.

Peak Hours for Originated Mortgages within Port Colborne

In Port Colborne, inquiries are received 24 hours a day from the CanEquity web site. The following represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 39.1% of all mortgages are received before noon, while 60.9% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
09:00 to 09:59: 13.0%
10:00 to 10:59: 4.3%
11:00 to 11:59: 21.7%
12:00 to 12:59: 8.7%
14:00 to 14:59: 4.3%
15:00 to 15:59: 4.3%
17:00 to 17:59: 8.7%
18:00 to 18:59: 4.3%
19:00 to 19:59: 13.0%
20:00 to 20:59: 4.3%
21:00 to 21:59: 8.7%
22:00 to 22:59: 4.3%
Peak Hours Graph for Mortgages in Port Colborne

Note: Only hours that have had mortgages from Port Colborne, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


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%
Port Colborne Mortgages

Current City Standing within Ontario


Location Contribution
084:  FERGUS, ON 0.086%
085:  MIDLAND, ON 0.086%
086:  ANCASTER, ON 0.083%
087:  PORT PERRY, ON 0.079%
088:  PEMBROKE, ON 0.079%
089:  PORT COLBORNE, ON 0.076%
090:  INGERSOLL, ON 0.076%
091:  HUNTSVILLE, ON 0.076%
092:  EAST YORK, ON 0.073%
093:  ACTON, ON 0.073%
094:  PARIS, ON 0.070%

Nearest Settlements


1Crystal Beach, Ontario
2Welland, Ontario
3Wellandport, Ontario
4Niagara On The Lake, Ontario
5Lowbanks, Ontario
6Fonthill, Ontario
7Fort Erie, Ontario
8Ridgeway, Ontario
9Thorold, Ontario
10Niagara Falls, Ontario
11Fenwick, Ontario
12Stevensville, Ontario
13St Catharines, Ontario
14Caistor Centre, Ontario
15Vineland, Ontario
16Smithville, Ontario
17Dunnville, Ontario
18Grimsby, Ontario


Product Popularity for Port Colborne


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 30.4%
Qualification: 26.1%
Refinance: 17.4%
No Money Down: 4.3%
Low Doc: 4.3%
Commercial: 4.3%
Renewal: 4.3%
Purchase: 4.3%
Investment: 4.3%
 
Total Application Types Found: 9
 Port Colborne Mortgage Product Popularity Pie Chart

Age Demographics for Port Colborne Mortgages

Average age: 33
Oldest age: 56
Youngest age: 21


Incomes for Port Colborne Mortgages

The figures below represent the average income of people living in Port Colborne who have applied for a home loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Port Colborne: $42,373.52
applicants within all of Canada: $56,384.30
Difference: ($14,010.78)
  
mortgage co-applicants in Port Colborne: $36,433.33
co-applicants within all of Canada: $39,375.53
Difference: ($2,942.20)

Note: Commercial loan amounts were not included for this survey, only residential mortgages from Port Colborne, Ontario were used.

Residential Status for Port Colborne Mortgage Applicants

The information shown below represents the residential status of people living in Port Colborne who have submitted an inquiry using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 52.2%
Own: 34.8%
No Comment: 8.7%
Live with parents: 4.3%
Port Colborne Residential Status Pie Chart

Marital Status for Port Colborne Mortgage Applicants

The following pie chart represents the marital status of applicants from Port Colborne, Ontario using the online mortgage application located at canequity.com. In Port Colborne, 52% of the mortgage applicants are living common-law or married, while only 47% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 39.1%
Single: 26.1%
Separated: 13.0%
Common-law: 13.0%
Divorced: 8.7%
Port Colborne Marital Status Pie Chart