Last report update for Sarnia: Saturday, June 27, 2009
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Sarnia Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from Sarnia

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%

Note: * These values are the percentages up to Saturday, June 27, 2009. Estimated volume targets for the entire 2009 year are 19.23% and 0.05% respectively. ** Total national contribution of Sarnia mortgages in the past is currently 0.28% with a projected target of 0.30%.

Busy Months for Mortgage Applications within Sarnia

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%.

RankMonth 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%
Busy Months Report for Sarnia Mortgages

Busy Days for Online Mortgages within Sarnia

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%
Busy Days Report for Sarnia Mortgages

Peak Hours for Originated Mortgages within Sarnia

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%
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: 21.30%
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%
Sarnia Mortgages

Current City Standing within Ontario


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%

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
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
 Sarnia Mortgage Product Popularity Pie Chart

Age Demographics for Sarnia Originated Mortgages

Average age: 37
Oldest age: 72
Youngest age: 20


Incomes for Sarnia Originated Mortgages

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)

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

Residential Status for Sarnia Mortgage Applicants

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%
Sarnia Residential Status Pie Chart

Marital Statistics for Sarnia Mortgage Applicants

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%
Sarnia Marital Status Pie Chart