Port Colborne Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 16.67% | 0.01% |
| 2008: | 6.67% | 0.01% |
| 2007: | 13.33% | 0.01% |
| 2006: | 6.67% | 0.01% |
| 2005: | 6.67% | 0.01% |
| 2004: | 30.00% | 0.02% |
| 2003: | 13.33% | 0.01% |
| 2002: | 6.67% | 0.01% |
The graph listed below illustrates the busy days for online mortgage applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Port Colborne, the day with the most volume, having more than 20.00% of all submissions, is Tuesday. In comparison, Sunday's are the slowest day with only 10.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.0% | |
| 2: | Friday: | 20.0% | |
| 3: | Saturday: | 16.7% | |
| 4: | Monday: | 13.3% | |
| 5: | Wednesday: | 10.0% | |
| 6: | Thursday: | 10.0% | |
| 7: | Sunday: | 10.0% |
Mortgage applications are received 24 hours a day via the CanEquity web site. The report shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 40.0% of all mortgages are received before noon, while 60.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 09:00 to 09:59: | 10.0% |
| 10:00 to 10:59: | 13.3% |
| 11:00 to 11:59: | 16.7% |
| 12:00 to 12:59: | 6.7% |
| 13:00 to 13:59: | 3.3% |
| 14:00 to 14:59: | 3.3% |
| 15:00 to 15:59: | 3.3% |
| 17:00 to 17:59: | 6.7% |
| 18:00 to 18:59: | 6.7% |
| 19:00 to 19:59: | 13.3% |
| 20:00 to 20:59: | 6.7% |
| 21:00 to 21:59: | 6.7% |
| 22:00 to 22:59: | 3.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.14% |
| British Columbia: | 10.92% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.89% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.09% |
| Ontario: | 48.84% |
| Prince Edward Island: | 0.43% |
| Quebec: | 4.05% |
| Saskatchewan: | 5.08% |
| Yukon Territories: | 0.25% |
| Location | Contribution | |
|---|---|---|
| 091: | HUNTSVILLE, ON | 0.077% |
| 092: | WATERDOWN, ON | 0.077% |
| 093: | PARIS, ON | 0.074% |
| 094: | INGERSOLL, ON | 0.074% |
| 095: | GLOUCESTER, ON | 0.074% |
| 096: | PORT COLBORNE, ON | 0.072% |
| 097: | PORT PERRY, ON | 0.072% |
| 098: | NAPANEE, ON | 0.070% |
| 099: | STITTSVILLE, ON | 0.070% |
| 100: | CALEDON, ON | 0.067% |
| 101: | CARLETON PLACE, ON | 0.067% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 30.0% | |
| Qualification: | 23.3% | |
| Refinance: | 13.3% | |
| Renewal: | 10.0% | |
| No Money Down: | 6.7% | |
| Purchase: | 6.7% | |
| Low Doc: | 3.3% | |
| Commercial: | 3.3% | |
| Investment: | 3.3% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 56
Youngest age: 21
The amounts below are the average income of Canadians living in Port Colborne who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Colborne: | $46,485.39 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | ($11,963.03) |
| mortgage co-applicants in Port Colborne: | $39,288.89 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | ($1,821.57) |
The information below represents the residential status of people living in Port Colborne who have applied for a home loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 46.7% | |
| Own: | 43.3% | |
| No Comment: | 6.7% | |
| Live with parents: | 3.3% |
The pie chart below represents the marital status of applicants from Port Colborne, Ontario using the preapproval application found on the CanEquity Mortgage web site. Over 53% of the mortgage applicants are living common-law or married, while only 46% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 43.3% | |
| Single: | 26.7% | |
| Separated: | 13.3% | |
| Common-law: | 10.0% | |
| Divorced: | 6.7% |
