Sarnia Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| 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% |
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%.
| Rank | Month | 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% |
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% |
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% |
| 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 | |
|---|---|---|
| 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% |
| 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 | ||
Average age: 37
Oldest age: 63
Youngest age: 20
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) |
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% |
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% |
