Last report update for Simcoe: Wednesday, March 17, 2010
Canada Mortgages
Simcoe Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Delhi
Mount Elgin
Otterville
Port Dover
Port Rowan
St Williams
Tillsonburg
Vittoria
Waterford
Windham Centre


Simcoe Mortgages

Ontario Mortgage Statistics, Graphs and Charts

Map of Simcoe requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgage Applications from Simcoe

Year Year to Year
Comparison
** National
Contribution
2010: * 5.00% * 0.01%
2009: 15.00% 0.01%
2008: 25.00% 0.02%
2007: 20.00% 0.02%
2006: 7.50% 0.01%
2005: 5.00% 0.01%
2004: 5.00% 0.01%
2003: 17.50% 0.02%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 20.00% and 0.02% respectively. ** Total national contribution of Simcoe mortgages in the past is currently 0.09% with a projected target of 0.11%.

Busy Days for Online Mortgages within Simcoe

The information listed below illustrates the busy days for online mortgage applications that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Simcoe the busiest day, with approximately 17.50% of all applications, is Friday. In comparison, Sunday's are the slowest day with only 10.00% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Friday: 17.5%
2: Wednesday: 17.5%
3: Thursday: 17.5%
4: Tuesday: 15.0%
5: Monday: 12.5%
6: Saturday: 10.0%
7: Sunday: 10.0%
Busy Days Report for Simcoe Mortgages

Peak Hours for Mortgage Applicants within Simcoe

Mortgage applications are received 24 hours a day via the CanEquity web site. The report shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
04:00 to 04:59: 2.5%
07:00 to 07:59: 10.0%
08:00 to 08:59: 7.5%
09:00 to 09:59: 10.0%
10:00 to 10:59: 2.5%
11:00 to 11:59: 5.0%
12:00 to 12:59: 2.5%
13:00 to 13:59: 7.5%
14:00 to 14:59: 12.5%
15:00 to 15:59: 10.0%
16:00 to 16:59: 5.0%
17:00 to 17:59: 10.0%
18:00 to 18:59: 2.5%
19:00 to 19:59: 5.0%
20:00 to 20:59: 5.0%
22:00 to 22:59: 2.5%
Peak Hours Graph for Mortgages in Simcoe

Note: Only hours that have had mortgages from Simcoe, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.10%
British Columbia: 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
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%
Simcoe Mortgages

Current City Standing within Ontario


Location Contribution
072:  ALLISTON, ON 0.106%
073:  LASALLE, ON 0.103%
074:  GRIMSBY, ON 0.101%
075:  TILLSONBURG, ON 0.099%
076:  INNISFIL, ON 0.099%
077:  SIMCOE, ON 0.094%
078:  SMITHS FALLS, ON 0.092%
079:  PEMBROKE, ON 0.092%
080:  FERGUS, ON 0.089%
081:  MIDLAND, ON 0.089%
082:  TECUMSEH, ON 0.087%

Nearest Settlements


1St Williams, Ontario
2Waterford, Ontario
3Delhi, Ontario
4Port Rowan, Ontario
5Port Dover, Ontario
6Windham Centre, Ontario
7Vittoria, Ontario
8Otterville, Ontario
9Mount Elgin, Ontario
10Tillsonburg, Ontario
11Jarvis, Ontario
12Langton, Ontario
13Clear Creek, Ontario
14Mount Hope, Ontario
15Straffordville, Ontario
16Courtland, Ontario
17Brownsville, Ontario
18Scotland, Ontario
19Woodstock, Ontario
20Norwich, Ontario
21Bright, Ontario
22Innerkip, Ontario
23Stoney Creek, Ontario
24Burford, Ontario
25Caledonia, Ontario
26Cayuga, Ontario
27St George Brant, Ontario
28Paris, Ontario
29Selkirk, Ontario
30Aylmer, Ontario
31Ohsweken, Ontario
32Brantford, Ontario
33Beachville, Ontario
34Baden, Ontario
35Copetown, Ontario
36Ancaster, Ontario
37Port Burwell, Ontario
38Vienna, Ontario
39Tavistock, Ontario
40Princeton, Ontario
41Hamilton, Ontario
42Lynden, Ontario
43Binbrook, Ontario
44Ingersoll, Ontario
45St George, Ontario
46Hannon, Ontario
47New Hamburg, Ontario
48Dundas, Ontario


Product Popularity for Simcoe


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 25.0%
First-time Buyer: 22.5%
Refinance: 20.0%
No Money Down: 17.5%
Variable Rate: 7.5%
Purchase: 2.5%
Commercial: 2.5%
Recreational: 2.5%
 
Total Application Types Found: 8
 Simcoe Mortgage Product Popularity Pie Chart

Age Demographics for Simcoe Mortgage Applicants

Average age: 37
Oldest age: 73
Youngest age: 21


Incomes for Simcoe Mortgage Applicants

The amounts below are the average income of applicants living in Simcoe who have applied for a mortgage loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Simcoe: $44,222.41
applicants within all of Canada: $58,582.39
Difference: ($14,359.98)
  
mortgage co-applicants in Simcoe: $35,412.45
co-applicants within all of Canada: $41,225.82
Difference: ($5,813.37)

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

Residential Status for Simcoe Mortgage Applicants

The pie chart below shows the residential status of people living in Simcoe who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.0%
Own: 47.5%
Other: 5.0%
Live with parents: 7.5%
Simcoe Residential Status Pie Chart

Marital Statistics for Simcoe Mortgage Applicants

The following information represents the marital status of applicants from Simcoe, Ontario using the preapproval application found on canequity.com. Over 50% of the mortgage applicants are living with someone, while only 50% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 42.5%
Single: 30.0%
Separated: 15.0%
Common-law: 7.5%
Divorced: 5.0%
Simcoe Marital Status Pie Chart