Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Smiths Falls: Wednesday, February 8, 2012   
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Smiths Falls Mortgages

Ontario Mortgage Statistics, Graphs and Charts

Map of Smiths Falls requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgage Applications from Smiths Falls

Year Year to Year
Comparison
** National
Contribution
2011: 8.70% 0.01%
2010: 6.52% 0.01%
2009: 10.87% 0.01%
2008: 10.87% 0.01%
2007: 10.87% 0.01%
2006: 2.17% 0.00%
2005: 13.04% 0.01%
2004: 21.74% 0.02%
2003: 8.70% 0.01%
2002: 6.52% 0.01%

Note: ** Total national contribution of Smiths Falls mortgages in the past is currently 0.09% with a projected target of 0.09%.

Busy Days for Mortgages Originating within Smiths Falls

The bar graph below displays the busy days for Internet applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Smiths Falls the busiest day, with approximately 21.74% of all submissions, is Thursday. In comparison, Saturday's are the slowest day with only 6.52% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Thursday: 21.7%
2: Sunday: 19.6%
3: Tuesday: 17.4%
4: Wednesday: 15.2%
5: Monday: 10.9%
6: Friday: 8.7%
7: Saturday: 6.5%
Busy Days Report for Smiths Falls Mortgages

Peak Hours for Based Mortgages within Smiths Falls

Applications are received 24 hours a day on the CanEquity web site. The following indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 43.5% of all mortgages are received during the morning, while 54.3% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 2.2%
04:00 to 04:59: 2.2%
05:00 to 05:59: 2.2%
06:00 to 06:59: 4.3%
07:00 to 07:59: 4.3%
08:00 to 08:59: 10.9%
09:00 to 09:59: 13.0%
10:00 to 10:59: 6.5%
12:00 to 12:59: 10.9%
13:00 to 13:59: 6.5%
14:00 to 14:59: 6.5%
15:00 to 15:59: 4.3%
16:00 to 16:59: 4.3%
17:00 to 17:59: 2.2%
18:00 to 18:59: 10.9%
21:00 to 21:59: 6.5%
23:00 to 23:59: 2.2%
Peak Hours Graph for Mortgages in Smiths Falls

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

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia: 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario 48.07%
Prince Edward Island: 0.53%
Quebec: 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Smiths Falls Mortgages

Current City Standing within Ontario


Location Contribution
076:  PORT HOPE, ON 0.098%
077:  LASALLE, ON 0.098%
078:  GLOUCESTER, ON 0.096%
079:  PEMBROKE, ON 0.094%
080:  FERGUS, ON 0.091%
081:  SMITHS FALLS, ON 0.087%
082:  MIDLAND, ON 0.085%
083:  STOUFFVILLE, ON 0.085%
084:  ACTON, ON 0.083%
085:  WATERDOWN, ON 0.081%
086:  BRACEBRIDGE, ON 0.079%

Nearest Settlements


1Richmond, Ontario
2Oxford Mills, Ontario
3Merrickville, Ontario
4Vernon, Ontario
5Kemptville, Ontario
6Portland, Ontario
7Mansfield, Ontario
8Munster, Ontario
9Perth, Ontario
10Yarker, Ontario
11Ashton, Ontario
12North Gower, Ontario
13Harrowsmith, Ontario
14Stittsville, Ontario
15Westport, Ontario
16Greely, Ontario
17Manotick, Ontario
18Nepean, Ontario
19Finch, Ontario
20Sydenham, Ontario
21Winchester, Ontario
22Carlsbad Springs, Ontario
23Gloucester, Ontario
24Russell, Ontario
25Metcalfe, Ontario
26Odessa, Ontario
27Osgoode, Ontario
28Wellington, Ontario
29Mountain, Ontario
30Godfrey, Ontario
31Lanark, Ontario
32Napanee, Ontario
33Dunrobin, Ontario
34Matcalfe, Ontario
35Ottawa, Ontario
36Orleans, Ontario
37Amherstview, Ontario
38Sharbot Lake, Ontario


Product Popularity for Smiths Falls


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 26.1%
Qualification: 19.6%
Renewal: 17.4%
No Money Down: 15.2%
First-time Buyer: 10.9%
Commercial: 6.5%
Purchase: 2.2%
Second Mortgage: 2.2%
 
Total Application Types Found: 8
 Smiths Falls Mortgage Product Popularity Pie Chart

Age Demographics for Smiths Falls Applicants

Average age: 40
Oldest age: 88
Youngest age: 23


Incomes for Smiths Falls Applicants

The following depicts the average income of Canadians living in Smiths Falls who have submitted an inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Smiths Falls: $51,329.93
applicants within all of Canada: $59,498.47
Difference: ($8,168.54)
  
mortgage co-applicants in Smiths Falls: $37,047.78
co-applicants within all of Canada: $42,403.13
Difference: ($5,355.35)

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

Residential Status for Smiths Falls Based Mortgages

The following depicts the residential status of people living in Smiths Falls who have applied for a loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 37.0%
Own: 56.5%
No Comment: 4.3%
Live with parents: 2.2%
Smiths Falls Residential Status Pie Chart

Marital Statistics for Smiths Falls Based Mortgages

The information below shows the marital status of applicants from Smiths Falls, Ontario using the mortgage preapproval application found at the CanEquity web site. In Smiths Falls, approximately 67% of the mortgage applicants are living common-law or married, while only 32% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 47.8%
Single: 26.1%
Common-law: 19.6%
Separated: 4.3%
Divorced: 2.2%
Smiths Falls Marital Status Pie Chart