Last report update for Sarnia: Tuesday, May 6, 2008
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Sarnia Mortgage
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Sarnia Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Sarnia

Year Year to Year
Comparison
** National
Contribution
2008: * 15.85% * 0.04%
2007: 18.29% 0.05%
2006: 7.32% 0.02%
2005: 17.07% 0.05%
2004: 19.51% 0.05%
2003: 14.63% 0.04%
2002: 7.32% 0.02%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 41.46% and 0.11% respectively. ** Total national contribution of Sarnia mortgages in the past is currently 0.27% with a projected target of 0.34%.

Busy Months for Mortgage Inquiries within Sarnia

The bar graph below displays 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 34.15% while our slowest is the fourth quarter (represented by the red bars) with 18.29%.

RankMonth Percentage
of Inquiries
1: April: 18.3%
2: March: 13.4%
3: November: 9.8%
4: May: 8.5%
5: September: 8.5%
6: January: 7.3%
7: February: 7.3%
8: June: 7.3%
9: August: 6.1%
10: December: 4.9%
11: July: 4.9%
12: October: 3.7%
Busy Months Report for Sarnia Mortgages

Busy Days for Mortgage Inquiries within Sarnia

The bar graph listed below displays the busy days for online inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Sarnia, the day with the most volume, having more than 18.29% of all applications, is Monday. In comparison, Friday's are the slowest day with only 7.32% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 18.3%
2: Wednesday: 18.3%
3: Tuesday: 17.1%
4: Sunday: 15.9%
5: Thursday: 13.4%
6: Saturday: 9.8%
7: Friday: 7.3%
Busy Days Report for Sarnia Mortgages

Peak Hours for Based Mortgages within Sarnia

Mortgage inquiries are received 24 hours a day from the CanEquity web site. The graph shown below represents the busy 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: 1.2%
02:00 to 02:59: 1.2%
03:00 to 03:59: 1.2%
04:00 to 04:59: 2.4%
05:00 to 05:59: 1.2%
06:00 to 06:59: 3.7%
07:00 to 07:59: 3.7%
08:00 to 08:59: 4.9%
09:00 to 09:59: 3.7%
10:00 to 10:59: 2.4%
11:00 to 11:59: 6.1%
12:00 to 12:59: 8.5%
13:00 to 13:59: 7.3%
14:00 to 14:59: 9.8%
15:00 to 15:59: 4.9%
16:00 to 16:59: 1.2%
17:00 to 17:59: 12.2%
18:00 to 18:59: 9.8%
19:00 to 19:59: 2.4%
20:00 to 20:59: 1.2%
21:00 to 21:59: 7.3%
22:00 to 22:59: 2.4%
23:00 to 23:59: 1.2%
Peak Hours Graph for Mortgages in Sarnia

Note: Only hours that have had mortgages from Sarnia, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


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%
Sarnia Mortgages

Current City Standing within Ontario


Location Contribution
029:  WATERLOO, ON 0.342%
030:  PICKERING, ON 0.339%
031:  SUDBURY, ON 0.319%
032:  NEWMARKET, ON 0.299%
033:  NEPEAN, ON 0.299%
034:  SARNIA, ON 0.273%
035:  WOODSTOCK, ON 0.269%
036:  BELLEVILLE, ON 0.269%
037:  CORNWALL, ON 0.266%
038:  ORLEANS, ON 0.263%
039:  WELLAND, ON 0.256%

Nearest Settlements


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


Product Popularity for Sarnia


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 20.7%
Refinance: 20.7%
No Money Down: 18.3%
First-time Buyer: 17.1%
Renewal: 8.5%
Purchase: 7.3%
Equity Mortgage: 2.4%
Fixed Rate: 1.2%
Low Doc: 1.2%
Commercial: 1.2%
Variable Rate: 1.2%
 
Total Application Types Found: 11
 Sarnia Mortgage Product Popularity Pie Chart

Age Demographics for Sarnia Applicants

Average age: 37
Oldest age: 63
Youngest age: 20


Incomes for Sarnia Applicants

The information below represents the average income of people living in Sarnia who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Sarnia: $51,714.93
applicants within all of Canada: $56,347.50
Difference: ($4,632.57)
  
mortgage co-applicants in Sarnia: $31,778.13
co-applicants within all of Canada: $39,330.70
Difference: ($7,552.57)

Note: Commercial Mortgages were not included for this section, only residential loans amounts from Sarnia, Ontario were used.

Residential Status for Sarnia Applicants

The following depicts 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: 43.9%
Own: 45.1%
Other: 2.4%
No Comment: 3.7%
Live with parents: 4.9%
Sarnia Residential Status Pie Chart

Marital Stats for Sarnia Applicants

The following pie chart represents the marital status of applicants from Sarnia, Ontario using the mortgage application found at canequity.com. In Sarnia, over 68% of the mortgage applicants are either married or living common-law, while only 30% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 52.4%
Single: 19.5%
Common-law: 15.9%
Separated: 7.3%
Divorced: 3.7%
Widowed: 1.2%
Sarnia Marital Status Pie Chart