Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Sarnia: Wednesday, February 1, 2012   
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Sarnia Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Sarnia

Year Year to Year
Comparison
** National
Contribution
2011: 8.70% 0.02%
2010: 11.59% 0.03%
2009: 12.32% 0.03%
2008: 17.39% 0.04%
2007: 10.87% 0.03%
2006: 4.35% 0.01%
2005: 10.15% 0.03%
2004: 11.59% 0.03%
2003: 8.70% 0.02%
2002: 4.35% 0.01%

Note: ** Total national contribution of Sarnia mortgages in the past is currently 0.26% with a projected target of 0.26%.

Busy Months for Mortgages Received within Sarnia

This graph represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sarnia happen to occur during our second quarter (represented by the green bars) with 32.61% while our slowest is the third quarter (represented by the blue bars) with 16.67%.

RankMonth Percentage
of Inquiries
1: April: 14.5%
2: March: 13.8%
3: May: 9.4%
4: October: 9.4%
5: January: 8.7%
6: June: 8.7%
7: November: 8.0%
8: December: 5.8%
9: August: 5.8%
10: September: 5.8%
11: February: 5.1%
12: July: 5.1%
Busy Months Report for Sarnia Mortgages

Busy Days for Mortgages within Sarnia

The bar graph below displays the busy days for online applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Sarnia the busiest day, with 20.29% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.70% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 20.3%
2: Wednesday: 18.8%
3: Sunday: 15.2%
4: Thursday: 13.8%
5: Tuesday: 13.0%
6: Friday: 10.1%
7: Saturday: 8.7%
Busy Days Report for Sarnia Mortgages

Peak Hours for Mortgages within Sarnia

Inquiries are received 24 hours a day from the CanEquity web site. The report shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 32.6% of all mortgages are received during the morning, while 63.0% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 2.2%
01:00 to 01:59: 0.7%
02:00 to 02:59: 1.4%
03:00 to 03:59: 1.4%
04:00 to 04:59: 1.4%
05:00 to 05:59: 1.4%
06:00 to 06:59: 3.6%
07:00 to 07:59: 3.6%
08:00 to 08:59: 4.3%
09:00 to 09:59: 4.3%
10:00 to 10:59: 5.8%
11:00 to 11:59: 6.5%
12:00 to 12:59: 9.4%
13:00 to 13:59: 6.5%
14:00 to 14:59: 8.0%
15:00 to 15:59: 5.1%
16:00 to 16:59: 2.9%
17:00 to 17:59: 7.2%
18:00 to 18:59: 8.0%
19:00 to 19:59: 2.9%
20:00 to 20:59: 1.4%
21:00 to 21:59: 6.5%
22:00 to 22:59: 3.6%
23:00 to 23:59: 1.4%
Peak Hours Graph for Mortgages in Sarnia

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia: 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario 48.07%
Prince Edward Island: 0.53%
Quebec: 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Sarnia Mortgages

Current City Standing within Ontario


Location Contribution
034:  CORNWALL, ON 0.285%
035:  ORLEANS, ON 0.276%
036:  MILTON, ON 0.266%
037:  TIMMINS, ON 0.264%
038:  KANATA, ON 0.262%
039:  SARNIA, ON 0.260%
040:  WOODSTOCK, ON 0.260%
041:  THORNHILL, ON 0.253%
042:  BELLEVILLE, ON 0.243%
043:  WELLAND, ON 0.243%
044:  NORTH BAY, ON 0.236%

Nearest Settlements


1Point Edward, Ontario
2Petrolia, Ontario
3Corunna, Ontario
4Sebringville, Ontario
5Wyoming, Ontario
6Bright'S Grove, Ontario
7Forest, Ontario
8Glencoe, Ontario
9Parkhill, Ontario
10Rodney, Ontario
11Courtright, Ontario
12Grand Bend, Ontario
13Camlachie, Ontario
14Crediton, Ontario
15Watford, Ontario
16Dashwood, Ontario
17Melbourne, Ontario
18Thedford, Ontario
19Exeter, Ontario
20Strathroy, Ontario
21Oil Springs, Ontario
22Denfield, Ontario
23Komoka, Ontario
24Seaforth, Ontario
25Mitchell, Ontario
26Port Franks, Ontario
27Bayfield, Ontario
28Dresden, Ontario
29West Lorne, Ontario
30Port Lambton, Ontario
31Thamesville, Ontario
32Wallaceburg, Ontario
33Dutton, Ontario
34Ailsa Craig, Ontario
35Hensall, Ontario
36Ilderton, Ontario
37Mount Brydges, Ontario


Product Popularity for Sarnia


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 19.6%
First-time Buyer: 18.8%
No Money Down: 16.7%
Refinance: 15.9%
Purchase: 9.4%
Renewal: 8.0%
Low Doc: 2.2%
Pre-approval: 2.2%
Variable Rate: 2.2%
Fixed Rate: 1.4%
Commercial: 1.4%
Equity Mortgage: 1.4%
Other: 0.7%
 
Total Application Types Found: 13
 Sarnia Mortgage Product Popularity Pie Chart

Age Demographics for Sarnia Originated Mortgages

Average age: 38
Oldest age: 72
Youngest age: 20


Incomes for Sarnia Originated Mortgages

The following figures show the average income of Canadians living in Sarnia who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Sarnia: $52,224.53
applicants within all of Canada: $59,498.47
Difference: ($7,273.94)
  
mortgage co-applicants in Sarnia: $34,258.65
co-applicants within all of Canada: $42,403.13
Difference: ($8,144.48)

Note: Commercial loan amounts were not included for this section, only residential mortgages were used.

Residential Status for Sarnia Mortgage Applicants

The table and pie chart below represents the residential status of people living in Sarnia who have applied for a mortgage using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 46.4%
Own: 41.3%
Other: 4.3%
No Comment: 2.9%
Live with parents: 5.1%
Sarnia Residential Status Pie Chart

Marital Status for Sarnia Mortgage Applicants

The following pie chart represents the marital status of applicants from Sarnia, Ontario using the mortgage application found on canequity.com. In Sarnia, approximately 63% of the mortgage applicants are living common-law or married, while only 34% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.4%
Single: 25.4%
Common-law: 17.4%
Separated: 5.8%
Divorced: 3.6%
Widowed: 1.4%
Sarnia Marital Status Pie Chart