Port Colborne Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.23% | * 0.00% |
| 2009: | 16.13% | 0.01% |
| 2008: | 6.45% | 0.01% |
| 2007: | 12.90% | 0.01% |
| 2006: | 6.45% | 0.01% |
| 2005: | 6.45% | 0.01% |
| 2004: | 29.03% | 0.02% |
| 2003: | 12.90% | 0.01% |
| 2002: | 6.45% | 0.01% |
The bar graph listed below compares the busy days for online applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Port Colborne, the day with the most volume, having more than 19.35% of all submissions, is Tuesday. In comparison, Sunday's are the slowest day with only 9.68% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.4% | |
| 2: | Friday: | 19.4% | |
| 3: | Monday: | 16.1% | |
| 4: | Saturday: | 16.1% | |
| 5: | Wednesday: | 9.7% | |
| 6: | Thursday: | 9.7% | |
| 7: | Sunday: | 9.7% |
In Port Colborne, mortgages are received 24 hours a day on the CanEquity web site. The statistics shown below represents the busy hours in the day. The data is taken from all days of all years. Only 38.7% of all mortgages are received during the morning, while 61.3% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 09:00 to 09:59: | 9.7% |
| 10:00 to 10:59: | 12.9% |
| 11:00 to 11:59: | 16.1% |
| 12:00 to 12:59: | 6.5% |
| 13:00 to 13:59: | 3.2% |
| 14:00 to 14:59: | 6.5% |
| 15:00 to 15:59: | 3.2% |
| 17:00 to 17:59: | 6.5% |
| 18:00 to 18:59: | 6.5% |
| 19:00 to 19:59: | 12.9% |
| 20:00 to 20:59: | 6.5% |
| 21:00 to 21:59: | 6.5% |
| 22:00 to 22:59: | 3.2% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.90% |
| 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 | |
|---|---|---|
| 089: | PARIS, ON | 0.078% |
| 090: | WATERDOWN, ON | 0.078% |
| 091: | EAST YORK, ON | 0.075% |
| 092: | CALEDONIA, ON | 0.075% |
| 093: | HUNTSVILLE, ON | 0.075% |
| 094: | PORT COLBORNE, ON | 0.073% |
| 095: | INGERSOLL, ON | 0.073% |
| 096: | GLOUCESTER, ON | 0.073% |
| 097: | PORT PERRY, ON | 0.071% |
| 098: | NAPANEE, ON | 0.068% |
| 099: | CALEDON, ON | 0.068% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 29.0% | |
| Qualification: | 22.6% | |
| Renewal: | 12.9% | |
| Refinance: | 12.9% | |
| No Money Down: | 6.5% | |
| Purchase: | 6.5% | |
| Low Doc: | 3.2% | |
| Commercial: | 3.2% | |
| Investment: | 3.2% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 56
Youngest age: 21
The following depicts the average income of applicants living in Port Colborne who have applied for a mortgage loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Colborne: | $50,399.69 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($8,181.55) |
| mortgage co-applicants in Port Colborne: | $39,288.89 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | ($1,920.68) |
The table and pie chart below represents the residential status of people living in Port Colborne who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.2% | |
| Own: | 45.2% | |
| No Comment: | 6.5% | |
| Live with parents: | 3.2% |
The following information represents the marital status of applicants from Port Colborne, Ontario using the mortgage application located at canequity.com. Over 54% of the mortgage applicants are living common-law or married, while only 45% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.2% | |
| Single: | 25.8% | |
| Separated: | 12.9% | |
| Common-law: | 9.7% | |
| Divorced: | 6.5% |
