Sarnia Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 6.78% | * 0.02% |
| 2009: | 14.41% | 0.04% |
| 2008: | 20.34% | 0.06% |
| 2007: | 12.71% | 0.04% |
| 2006: | 5.09% | 0.01% |
| 2005: | 11.86% | 0.03% |
| 2004: | 13.56% | 0.04% |
| 2003: | 10.17% | 0.03% |
| 2002: | 5.09% | 0.01% |
The bar graph below represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sarnia occur during our second quarter (represented by the green bars) with 31.36% while our slowest is the third quarter (represented by the blue bars) with 18.64%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 14.4% | |
| 2: | April: | 13.6% | |
| 3: | January: | 9.3% | |
| 4: | June: | 9.3% | |
| 5: | November: | 8.5% | |
| 6: | May: | 8.5% | |
| 7: | September: | 6.8% | |
| 8: | December: | 5.9% | |
| 9: | February: | 5.9% | |
| 10: | July: | 5.9% | |
| 11: | August: | 5.9% | |
| 12: | October: | 5.9% |
The data below shows the busy days for online applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Sarnia the busiest day of the week, with 22.03% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 9.32% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 22.0% | |
| 2: | Wednesday: | 19.5% | |
| 3: | Thursday: | 14.4% | |
| 4: | Tuesday: | 12.7% | |
| 5: | Sunday: | 12.7% | |
| 6: | Friday: | 9.3% | |
| 7: | Saturday: | 9.3% |
In Sarnia, mortgages are received 24 hours a day from the CanEquity web site. The following indicates the rush hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.7% |
| 02:00 to 02:59: | 1.7% |
| 03:00 to 03:59: | 0.8% |
| 04:00 to 04:59: | 1.7% |
| 05:00 to 05:59: | 1.7% |
| 06:00 to 06:59: | 4.2% |
| 07:00 to 07:59: | 3.4% |
| 08:00 to 08:59: | 4.2% |
| 09:00 to 09:59: | 5.1% |
| 10:00 to 10:59: | 5.9% |
| 11:00 to 11:59: | 6.8% |
| 12:00 to 12:59: | 7.6% |
| 13:00 to 13:59: | 7.6% |
| 14:00 to 14:59: | 9.3% |
| 15:00 to 15:59: | 4.2% |
| 16:00 to 16:59: | 2.5% |
| 17:00 to 17:59: | 8.5% |
| 18:00 to 18:59: | 8.5% |
| 19:00 to 19:59: | 2.5% |
| 20:00 to 20:59: | 0.8% |
| 21:00 to 21:59: | 7.6% |
| 22:00 to 22:59: | 2.5% |
| 23:00 to 23:59: | 0.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.90% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 031: | NIAGARA FALLS, ON | 0.339% |
| 032: | NEWMARKET, ON | 0.310% |
| 033: | NEPEAN, ON | 0.303% |
| 034: | CORNWALL, ON | 0.289% |
| 035: | THORNHILL, ON | 0.280% |
| 036: | SARNIA, ON | 0.278% |
| 037: | ORLEANS, ON | 0.275% |
| 038: | KANATA, ON | 0.273% |
| 039: | MILTON, ON | 0.266% |
| 040: | WOODSTOCK, ON | 0.259% |
| 041: | WELLAND, ON | 0.256% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 20.3% | |
| Qualification: | 19.5% | |
| No Money Down: | 18.6% | |
| Refinance: | 16.9% | |
| Renewal: | 7.6% | |
| Purchase: | 6.8% | |
| Pre-approval: | 2.5% | |
| Fixed Rate: | 1.7% | |
| Equity Mortgage: | 1.7% | |
| Variable Rate: | 1.7% | |
| Other: | 2.4% | |
| Total Application Types Found: 13 | ||
Average age: 37
Oldest age: 72
Youngest age: 20
The numbers below represent the average income of people living in Sarnia who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sarnia: | $51,148.18 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($7,433.06) |
| mortgage co-applicants in Sarnia: | $31,706.00 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | ($9,503.57) |
The chart and pie-graph below depicts the residential status of people living in Sarnia who have submitted an inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 44.9% | |
| Own: | 42.4% | |
| Other: | 4.2% | |
| No Comment: | 2.5% | |
| Live with parents: | 5.9% |
The following table and pie chart represents the marital status of applicants from Sarnia, Ontario using the mortgage application found on the CanEquity Mortgage web site. In Sarnia, 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: | 46.6% | |
| Single: | 25.4% | |
| Common-law: | 16.9% | |
| Separated: | 5.9% | |
| Divorced: | 3.4% | |
| Widowed: | 1.7% |
