Sault Ste Marie Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | * 10.87% | * 0.04% |
| 2008: | 19.57% | 0.07% |
| 2007: | 15.94% | 0.06% |
| 2006: | 21.74% | 0.08% |
| 2005: | 10.15% | 0.04% |
| 2004: | 10.15% | 0.04% |
| 2003: | 5.07% | 0.02% |
| 2002: | 6.52% | 0.02% |
The following shows the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sault Ste Marie seem to occur during our second quarter (represented by the green bars) with 33.33% while our slowest is the fourth quarter (represented by the red bars) with 14.49%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 14.5% | |
| 2: | February: | 11.6% | |
| 3: | June: | 10.9% | |
| 4: | July: | 10.1% | |
| 5: | March: | 9.4% | |
| 6: | May: | 8.0% | |
| 7: | November: | 7.3% | |
| 8: | January: | 7.3% | |
| 9: | September: | 7.3% | |
| 10: | August: | 6.5% | |
| 11: | October: | 5.1% | |
| 12: | December: | 2.2% |
The bar graph listed below displays the busy days for Internet mortgage applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Sault Ste Marie the busiest day of the week, with 20.29% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.97% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.3% | |
| 2: | Tuesday: | 20.3% | |
| 3: | Thursday: | 19.6% | |
| 4: | Friday: | 12.3% | |
| 5: | Wednesday: | 10.9% | |
| 6: | Sunday: | 8.7% | |
| 7: | Saturday: | 8.0% |
Mortgage inquiries are received 24 hours a day on the CanEquity web site. The time periods below indicates the busy 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: | 2.9% |
| 01:00 to 01:59: | 0.7% |
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 3.6% |
| 07:00 to 07:59: | 2.9% |
| 08:00 to 08:59: | 6.5% |
| 09:00 to 09:59: | 5.8% |
| 10:00 to 10:59: | 9.4% |
| 11:00 to 11:59: | 8.7% |
| 12:00 to 12:59: | 4.3% |
| 13:00 to 13:59: | 7.2% |
| 14:00 to 14:59: | 9.4% |
| 15:00 to 15:59: | 6.5% |
| 16:00 to 16:59: | 7.2% |
| 17:00 to 17:59: | 5.1% |
| 18:00 to 18:59: | 4.3% |
| 19:00 to 19:59: | 2.2% |
| 20:00 to 20:59: | 4.3% |
| 21:00 to 21:59: | 2.9% |
| 22:00 to 22:59: | 4.3% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 023: | PETERBOROUGH, ON | 0.391% |
| 024: | THUNDER BAY, ON | 0.388% |
| 025: | AJAX, ON | 0.388% |
| 026: | WATERLOO, ON | 0.377% |
| 027: | WHITBY, ON | 0.377% |
| 028: | SAULT STE MARIE, ON | 0.367% |
| 029: | NIAGARA FALLS, ON | 0.356% |
| 030: | SUDBURY, ON | 0.343% |
| 031: | PICKERING, ON | 0.329% |
| 032: | NEWMARKET, ON | 0.316% |
| 033: | NEPEAN, ON | 0.295% |
| 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: | 24.6% | |
| Qualification: | 20.3% | |
| Refinance: | 18.1% | |
| No Money Down: | 15.2% | |
| Renewal: | 6.5% | |
| Purchase: | 5.1% | |
| Variable Rate: | 2.2% | |
| Fixed Rate: | 1.4% | |
| Pre-approval: | 1.4% | |
| Other: | 4.9% | |
| Total Application Types Found: 16 | ||
Average age: 36
Oldest age: 66
Youngest age: 19
The following figures show the average income of people living in Sault Ste Marie who have applied for a mortgage loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sault Ste Marie: | $42,175.28 |
| applicants within all of Canada: | $57,859.84 |
| Difference: | ($15,684.55) |
| mortgage co-applicants in Sault Ste Marie: | $40,826.91 |
| co-applicants within all of Canada: | $40,716.04 |
| Difference: | $110.87 |
The pie chart below shows the residential status of people living in Sault Ste Marie who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.7% | |
| Own: | 38.4% | |
| Other: | 1.4% | |
| No Comment: | 5.8% | |
| Live with parents: | 3.6% |
The following table and pie chart represents the marital status of applicants from Sault Ste Marie, Ontario using the online mortgage application found on canequity.com. In Sault Ste Marie, 60% of the mortgage applicants are living with someone, while only 39% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.7% | |
| Single: | 31.9% | |
| Common-law: | 14.5% | |
| Separated: | 5.1% | |
| Divorced: | 2.2% | |
| Widowed: | 0.7% |
