Sarnia Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | * 10.58% | * 0.03% |
| 2008: | 23.08% | 0.06% |
| 2007: | 14.42% | 0.04% |
| 2006: | 5.77% | 0.02% |
| 2005: | 13.46% | 0.04% |
| 2004: | 15.39% | 0.04% |
| 2003: | 11.54% | 0.03% |
| 2002: | 5.77% | 0.02% |
The following bar graph displays 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 35.58% while our slowest is the third quarter (represented by the blue bars) with 17.31%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 15.4% | |
| 2: | March: | 11.5% | |
| 3: | June: | 10.6% | |
| 4: | May: | 9.6% | |
| 5: | November: | 8.7% | |
| 6: | January: | 7.7% | |
| 7: | December: | 6.7% | |
| 8: | February: | 6.7% | |
| 9: | September: | 6.7% | |
| 10: | July: | 5.8% | |
| 11: | October: | 5.8% | |
| 12: | August: | 4.8% |
The graph below compares the busy days for Internet 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 Sarnia, the day with the most volume, having more than 21.15% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 7.69% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 21.1% | |
| 2: | Wednesday: | 19.2% | |
| 3: | Thursday: | 14.4% | |
| 4: | Sunday: | 14.4% | |
| 5: | Tuesday: | 13.5% | |
| 6: | Friday: | 9.6% | |
| 7: | Saturday: | 7.7% |
Mortgage applications are received 24 hours a day on our web site. The time periods below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 33.7% of all mortgages are received during the morning, while 63.5% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.0% |
| 02:00 to 02:59: | 1.9% |
| 03:00 to 03:59: | 1.0% |
| 04:00 to 04:59: | 1.9% |
| 05:00 to 05:59: | 1.9% |
| 06:00 to 06:59: | 2.9% |
| 07:00 to 07:59: | 3.8% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 3.8% |
| 10:00 to 10:59: | 6.7% |
| 11:00 to 11:59: | 7.7% |
| 12:00 to 12:59: | 6.7% |
| 13:00 to 13:59: | 7.7% |
| 14:00 to 14:59: | 7.7% |
| 15:00 to 15:59: | 4.8% |
| 16:00 to 16:59: | 1.0% |
| 17:00 to 17:59: | 9.6% |
| 18:00 to 18:59: | 9.6% |
| 19:00 to 19:59: | 2.9% |
| 20:00 to 20:59: | 1.0% |
| 21:00 to 21:59: | 8.7% |
| 22:00 to 22:59: | 2.9% |
| 23:00 to 23:59: | 1.0% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.30% |
| British Columbia: | 10.97% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.03% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 49.00% |
| Prince Edward Island: | 0.40% |
| Quebec: | 3.87% |
| Saskatchewan: | 5.19% |
| Yukon Territories: | 0.22% |
| Location | Contribution | |
|---|---|---|
| 031: | PICKERING, ON | 0.329% |
| 032: | NEWMARKET, ON | 0.316% |
| 033: | NEPEAN, ON | 0.295% |
| 034: | CORNWALL, ON | 0.284% |
| 035: | THORNHILL, ON | 0.282% |
| 036: | SARNIA, ON | 0.276% |
| 037: | BELLEVILLE, ON | 0.271% |
| 038: | WOODSTOCK, ON | 0.266% |
| 039: | WELLAND, ON | 0.266% |
| 040: | KANATA, ON | 0.260% |
| 041: | ORLEANS, ON | 0.258% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 19.2% | |
| Refinance: | 19.2% | |
| Qualification: | 18.3% | |
| No Money Down: | 16.3% | |
| Renewal: | 8.7% | |
| Purchase: | 7.7% | |
| Fixed Rate: | 1.9% | |
| Pre-approval: | 1.9% | |
| Equity Mortgage: | 1.9% | |
| Variable Rate: | 1.9% | |
| Low Doc: | 1.0% | |
| Commercial: | 1.0% | |
| Transfer: | 1.0% | |
| Total Application Types Found: 13 | ||
Average age: 37
Oldest age: 72
Youngest age: 20
The following figures show the average income of applicants 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: | $49,730.96 |
| applicants within all of Canada: | $57,859.84 |
| Difference: | ($8,128.88) |
| mortgage co-applicants in Sarnia: | $32,232.06 |
| co-applicants within all of Canada: | $40,716.04 |
| Difference: | ($8,483.99) |
The information below represents the residential status of people living in Sarnia who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.2% | |
| Own: | 43.3% | |
| Other: | 2.9% | |
| No Comment: | 2.9% | |
| Live with parents: | 5.8% |
The following table and pie chart represents the marital status of applicants from Sarnia, Ontario using the mortgage application found at canequity.com. Approximately 64% of the mortgage applicants are either married or living common-law, while only 33% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 48.1% | |
| Single: | 24.0% | |
| Common-law: | 16.3% | |
| Separated: | 5.8% | |
| Divorced: | 3.8% | |
| Widowed: | 1.9% |
