Sault Ste Marie Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.46% | * 0.02% |
| 2009: | 17.20% | 0.06% |
| 2008: | 17.20% | 0.06% |
| 2007: | 14.01% | 0.05% |
| 2006: | 19.11% | 0.07% |
| 2005: | 8.92% | 0.03% |
| 2004: | 8.92% | 0.03% |
| 2003: | 4.46% | 0.02% |
| 2002: | 5.73% | 0.02% |
The graph below shows the individual monthly volume history for Internet applications originating from Sault Ste Marie, ON.
The following represents the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sault Ste Marie happen to occur during our first quarter (represented by the brown bars) with 29.30% while our slowest is the fourth quarter (represented by the red bars) with 14.65%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 12.7% | |
| 2: | February: | 12.7% | |
| 3: | July: | 10.8% | |
| 4: | March: | 9.6% | |
| 5: | June: | 9.6% | |
| 6: | September: | 8.9% | |
| 7: | November: | 7.0% | |
| 8: | January: | 7.0% | |
| 9: | May: | 7.0% | |
| 10: | August: | 7.0% | |
| 11: | October: | 5.7% | |
| 12: | December: | 1.9% |
The data below displays the busy days for Internet mortgage applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Sault Ste Marie the busiest day, with approximately 21.02% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 8.28% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 21.0% | |
| 2: | Tuesday: | 19.1% | |
| 3: | Thursday: | 18.5% | |
| 4: | Wednesday: | 12.1% | |
| 5: | Friday: | 11.5% | |
| 6: | Sunday: | 9.6% | |
| 7: | Saturday: | 8.3% |
Inquiries are received 24 hours a day via our web site. The report shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 38.9% of all mortgages are received before noon, while 58.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.5% |
| 01:00 to 01:59: | 0.6% |
| 05:00 to 05:59: | 1.9% |
| 06:00 to 06:59: | 3.2% |
| 07:00 to 07:59: | 3.8% |
| 08:00 to 08:59: | 7.0% |
| 09:00 to 09:59: | 5.7% |
| 10:00 to 10:59: | 8.9% |
| 11:00 to 11:59: | 8.3% |
| 12:00 to 12:59: | 5.7% |
| 13:00 to 13:59: | 6.4% |
| 14:00 to 14:59: | 8.3% |
| 15:00 to 15:59: | 6.4% |
| 16:00 to 16:59: | 7.0% |
| 17:00 to 17:59: | 4.5% |
| 18:00 to 18:59: | 3.8% |
| 19:00 to 19:59: | 3.2% |
| 20:00 to 20:59: | 5.1% |
| 21:00 to 21:59: | 3.2% |
| 22:00 to 22:59: | 4.5% |
| 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 | |
|---|---|---|
| 023: | AJAX, ON | 0.407% |
| 024: | THUNDER BAY, ON | 0.397% |
| 025: | PETERBOROUGH, ON | 0.397% |
| 026: | WATERLOO, ON | 0.397% |
| 027: | WHITBY, ON | 0.376% |
| 028: | SAULT STE MARIE, ON | 0.369% |
| 029: | SUDBURY, ON | 0.360% |
| 030: | PICKERING, ON | 0.346% |
| 031: | NIAGARA FALLS, ON | 0.339% |
| 032: | NEWMARKET, ON | 0.310% |
| 033: | NEPEAN, ON | 0.303% |
| 1 | Echo Bay, Ontario |
| 2 | Goulais River, Ontario |
| 3 | Garden River, Ontario |
| 4 | Bruce Mines, Ontario |
| 5 | Thessalon, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 23.6% | |
| Qualification: | 23.6% | |
| No Money Down: | 16.6% | |
| Refinance: | 16.6% | |
| Renewal: | 5.7% | |
| Purchase: | 5.1% | |
| Variable Rate: | 1.9% | |
| Fixed Rate: | 1.3% | |
| Pre-approval: | 1.3% | |
| Other: | 4.2% | |
| Total Application Types Found: 16 | ||
Average age: 36
Oldest age: 66
Youngest age: 19
The numbers below represent the average income of Canadians living in Sault Ste Marie who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sault Ste Marie: | $43,184.34 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($15,396.91) |
| mortgage co-applicants in Sault Ste Marie: | $41,291.47 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | $81.90 |
The information below represents the residential status of people living in Sault Ste Marie who have applied for a mortgage loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 49.7% | |
| Own: | 39.5% | |
| Other: | 1.3% | |
| No Comment: | 5.1% | |
| Live with parents: | 4.5% |
The information below shows the marital status of applicants from Sault Ste Marie, Ontario using the online mortgage application found on the CanEquity Mortgage web site. In Sault Ste Marie, 56% of the mortgage applicants are living together with someone, while only 43% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.7% | |
| Single: | 35.0% | |
| Common-law: | 13.4% | |
| Separated: | 5.1% | |
| Divorced: | 3.2% | |
| Widowed: | 0.6% |
