Richmond Hill Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 7.55% | * 0.04% |
| 2007: | 10.69% | 0.06% |
| 2006: | 20.13% | 0.11% |
| 2005: | 13.21% | 0.07% |
| 2004: | 20.75% | 0.11% |
| 2003: | 21.38% | 0.11% |
| 2002: | 6.29% | 0.03% |
The graph below illustrates CanEquity's individual monthly volume history for Internet applications received from Richmond Hill, ON.
The following shows the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Richmond Hill usually occur during our first quarter (represented by the brown bars) with 33.33% while our slowest is the fourth quarter (represented by the red bars) with 18.87%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 13.8% | |
| 2: | March: | 10.7% | |
| 3: | October: | 10.7% | |
| 4: | September: | 9.4% | |
| 5: | January: | 8.8% | |
| 6: | July: | 8.8% | |
| 7: | June: | 8.2% | |
| 8: | April: | 7.5% | |
| 9: | May: | 6.9% | |
| 10: | August: | 6.9% | |
| 11: | December: | 5.7% | |
| 12: | November: | 2.5% |
The graph below displays the busy days for Internet applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Richmond Hill, the day with the most volume, having more than 18.24% of all applications, is Wednesday. In comparison, Sunday's are the slowest day with only 7.55% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 18.2% | |
| 2: | Tuesday: | 17.6% | |
| 3: | Monday: | 14.5% | |
| 4: | Friday: | 14.5% | |
| 5: | Saturday: | 13.8% | |
| 6: | Thursday: | 13.8% | |
| 7: | Sunday: | 7.5% |
In Richmond Hill, inquiries are received 24 hours a day from the CanEquity web site. The graph shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 44.7% of all mortgages are received before noon, while 54.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.6% |
| 01:00 to 01:59: | 0.6% |
| 04:00 to 04:59: | 0.6% |
| 05:00 to 05:59: | 2.5% |
| 06:00 to 06:59: | 5.7% |
| 07:00 to 07:59: | 6.9% |
| 08:00 to 08:59: | 5.0% |
| 09:00 to 09:59: | 8.8% |
| 10:00 to 10:59: | 6.3% |
| 11:00 to 11:59: | 8.8% |
| 12:00 to 12:59: | 4.4% |
| 13:00 to 13:59: | 5.0% |
| 14:00 to 14:59: | 5.7% |
| 15:00 to 15:59: | 4.4% |
| 16:00 to 16:59: | 4.4% |
| 17:00 to 17:59: | 4.4% |
| 18:00 to 18:59: | 8.2% |
| 19:00 to 19:59: | 4.4% |
| 20:00 to 20:59: | 6.3% |
| 21:00 to 21:59: | 5.0% |
| 22:00 to 22:59: | 1.3% |
| 23:00 to 23:59: | 0.6% |
| 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 | |
|---|---|---|
| 014: | BRANTFORD, ON | 0.572% |
| 015: | ST CATHARINES, ON | 0.572% |
| 016: | ETOBICOKE, ON | 0.558% |
| 017: | GUELPH, ON | 0.552% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 23.9% | |
| Qualification: | 20.1% | |
| Refinance: | 13.8% | |
| First-time Buyer: | 13.2% | |
| Purchase: | 9.4% | |
| No Money Down: | 6.3% | |
| Variable Rate: | 5.7% | |
| Investment: | 2.5% | |
| Commercial: | 1.9% | |
| Equity Mortgage: | 1.3% | |
| Other: | 1.8% | |
| Total Application Types Found: 13 | ||
Average age: 40
Oldest age: 80
Youngest age: 23
The amounts below are the average income of people living in Richmond Hill who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Richmond Hill: | $72,396.05 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $16,048.56 |
| mortgage co-applicants in Richmond Hill: | $56,807.99 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | $17,477.29 |
The following depicts the residential status of people living in Richmond Hill who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 30.2% | |
| Own: | 57.9% | |
| No Comment: | 4.4% | |
| Live with parents: | 7.5% |
The information below shows the marital status of applicants from Richmond Hill, Ontario using the online mortgage application found on canequity.com. In Richmond Hill, approximately 69% of the mortgage applicants are living common-law or married, while only 29% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 63.5% | |
| Single: | 23.9% | |
| Common-law: | 5.7% | |
| Separated: | 4.4% | |
| Divorced: | 1.3% | |
| Widowed: | 1.3% |
