Sarnia Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.66% | * 0.01% |
| 2009: | 15.04% | 0.04% |
| 2008: | 21.24% | 0.06% |
| 2007: | 13.27% | 0.04% |
| 2006: | 5.31% | 0.01% |
| 2005: | 12.39% | 0.03% |
| 2004: | 14.16% | 0.04% |
| 2003: | 10.62% | 0.03% |
| 2002: | 5.31% | 0.01% |
The following bar graph illustrates the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sarnia usually occur during our second quarter (represented by the green bars) with 32.74% while our slowest is the third quarter (represented by the blue bars) with 19.47%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 14.2% | |
| 2: | March: | 10.6% | |
| 3: | January: | 9.7% | |
| 4: | June: | 9.7% | |
| 5: | November: | 8.8% | |
| 6: | May: | 8.8% | |
| 7: | September: | 7.1% | |
| 8: | December: | 6.2% | |
| 9: | February: | 6.2% | |
| 10: | July: | 6.2% | |
| 11: | August: | 6.2% | |
| 12: | October: | 6.2% |
The information listed below displays the busy days for online mortgage 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 day with the most volume, having more than 20.35% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 8.85% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.4% | |
| 2: | Wednesday: | 20.4% | |
| 3: | Thursday: | 15.0% | |
| 4: | Tuesday: | 13.3% | |
| 5: | Sunday: | 13.3% | |
| 6: | Friday: | 8.8% | |
| 7: | Saturday: | 8.8% |
Inquiries are received 24 hours a day from the CanEquity web site. The graph shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.8% |
| 02:00 to 02:59: | 1.8% |
| 03:00 to 03:59: | 0.9% |
| 04:00 to 04:59: | 1.8% |
| 05:00 to 05:59: | 1.8% |
| 06:00 to 06:59: | 2.7% |
| 07:00 to 07:59: | 3.5% |
| 08:00 to 08:59: | 4.4% |
| 09:00 to 09:59: | 5.3% |
| 10:00 to 10:59: | 6.2% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 6.2% |
| 13:00 to 13:59: | 8.0% |
| 14:00 to 14:59: | 9.7% |
| 15:00 to 15:59: | 4.4% |
| 16:00 to 16:59: | 1.8% |
| 17:00 to 17:59: | 8.8% |
| 18:00 to 18:59: | 8.8% |
| 19:00 to 19:59: | 2.7% |
| 20:00 to 20:59: | 0.9% |
| 21:00 to 21:59: | 8.0% |
| 22:00 to 22:59: | 2.7% |
| 23:00 to 23:59: | 0.9% |
| 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 | |
|---|---|---|
| 031: | NIAGARA FALLS, ON | 0.340% |
| 032: | NEWMARKET, ON | 0.309% |
| 033: | NEPEAN, ON | 0.300% |
| 034: | CORNWALL, ON | 0.290% |
| 035: | THORNHILL, ON | 0.280% |
| 036: | SARNIA, ON | 0.271% |
| 037: | ORLEANS, ON | 0.266% |
| 038: | KANATA, ON | 0.264% |
| 039: | MILTON, ON | 0.261% |
| 040: | WOODSTOCK, ON | 0.261% |
| 041: | WELLAND, ON | 0.261% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 20.4% | |
| Qualification: | 18.6% | |
| No Money Down: | 18.6% | |
| Refinance: | 17.7% | |
| Renewal: | 8.0% | |
| Purchase: | 7.1% | |
| Fixed Rate: | 1.8% | |
| Pre-approval: | 1.8% | |
| Equity Mortgage: | 1.8% | |
| Variable Rate: | 1.8% | |
| Low Doc: | 0.9% | |
| Commercial: | 0.9% | |
| Transfer: | 0.9% | |
| 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 applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sarnia: | $50,541.06 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | ($7,907.36) |
| mortgage co-applicants in Sarnia: | $31,706.00 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | ($9,404.46) |
The pie chart below shows the residential status of people living in Sarnia who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 46.0% | |
| Own: | 41.6% | |
| Other: | 3.5% | |
| No Comment: | 2.7% | |
| Live with parents: | 6.2% |
The following information represents the marital status of applicants from Sarnia, Ontario using the preapproval application found on canequity.com. In Sarnia, approximately 63% of the mortgage applicants are living common-law or married, while only 34% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.0% | |
| Single: | 24.8% | |
| Common-law: | 17.7% | |
| Separated: | 6.2% | |
| Divorced: | 3.5% | |
| Widowed: | 1.8% |
