Last report update for St Catharines: Wednesday, March 10, 2010
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St Catharines Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from St Catharines

Year Year to Year
Comparison
** National
Contribution
2010: * 4.24% * 0.02%
2009: 12.29% 0.07%
2008: 15.25% 0.09%
2007: 12.71% 0.07%
2006: 11.02% 0.06%
2005: 16.95% 0.09%
2004: 14.83% 0.08%
2003: 7.20% 0.04%
2002: 5.51% 0.03%

Note: * These values are the percentages up to Wednesday, March 10, 2010. Estimated volume targets for the entire 2010 year are 20.76% and 0.12% respectively. ** Total national contribution of St Catharines mortgages in the past is currently 0.56% with a projected target of 0.65%.

Monthly Volume History for Online Applications from St Catharines

The bar graph below shows the individual monthly volume history for Internet mortgage pre-approval applications received from St Catharines, ON.


Monthly Volume Report for St Catharines Mortgages

Busy Months for Online Mortgages within St Catharines

The graph below represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from St Catharines occur during our first quarter (represented by the brown bars) with 29.66% while our slowest is the fourth quarter (represented by the red bars) with 20.76%.

RankMonth Percentage
of Inquiries
1: January: 13.1%
2: May: 9.8%
3: November: 9.3%
4: April: 9.3%
5: September: 9.3%
6: March: 8.9%
7: August: 8.5%
8: February: 7.6%
9: July: 6.8%
10: October: 6.8%
11: June: 5.9%
12: December: 4.7%
Busy Months Report for St Catharines Mortgages

Busy Days for Online Mortgages within St Catharines

The graph listed below illustrates the busy days for mortgage inquiries that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In St Catharines the busiest day of the week, with 19.07% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 7.20% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 19.1%
2: Tuesday: 18.2%
3: Wednesday: 16.9%
4: Sunday: 15.3%
5: Thursday: 12.7%
6: Friday: 10.6%
7: Saturday: 7.2%
Busy Days Report for St Catharines Mortgages

Peak Hours for Based Mortgages within St Catharines

In St Catharines, mortgage applications are received 24 hours a day via our web site. The information shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years. Only 33.9% of all mortgages are received during the morning, while 64.0% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 0.4%
01:00 to 01:59: 0.8%
02:00 to 02:59: 0.8%
03:00 to 03:59: 1.3%
04:00 to 04:59: 1.7%
05:00 to 05:59: 1.7%
06:00 to 06:59: 3.4%
07:00 to 07:59: 4.7%
08:00 to 08:59: 2.5%
09:00 to 09:59: 4.7%
10:00 to 10:59: 7.6%
11:00 to 11:59: 6.4%
12:00 to 12:59: 7.2%
13:00 to 13:59: 5.5%
14:00 to 14:59: 3.8%
15:00 to 15:59: 5.1%
16:00 to 16:59: 5.5%
17:00 to 17:59: 5.1%
18:00 to 18:59: 7.2%
19:00 to 19:59: 5.5%
20:00 to 20:59: 6.4%
21:00 to 21:59: 7.2%
22:00 to 22:59: 2.5%
23:00 to 23:59: 3.0%
Peak Hours Graph for Mortgages in St Catharines

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.11%
British Columbia: 10.88%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.88%
Northwest Territories: 0.31%
Nunavut: 0.08%
Ontario 48.85%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
St Catharines Mortgages

Current City Standing within Ontario


Location Contribution
011:  BURLINGTON, ON 0.818%
012:  OAKVILLE, ON 0.719%
013:  OSHAWA, ON 0.660%
014:  CAMBRIDGE, ON 0.603%
015:  GUELPH, ON 0.601%
016:  ST CATHARINES, ON 0.556%
017:  BRANTFORD, ON 0.549%
018:  RICHMOND HILL, ON 0.544%
019:  ETOBICOKE, ON 0.542%
020:  KINGSTON, ON 0.528%
021:  NORTH YORK, ON 0.483%

Nearest Settlements


1Ridgeville, Ontario
2Welland, Ontario
3Stevensville, Ontario
4Niagara On The Lake, Ontario
5Fonthill, Ontario
6Thorold, Ontario
7Niagara Falls, Ontario
8Fenwick, Ontario
9Port Colborne, Ontario
10Wellandport, Ontario
11Lowbanks, Ontario
12Crystal Beach, Ontario
13Fort Erie, Ontario
14Ridgeway, Ontario
15Caistor Centre, Ontario
16Vineland, Ontario
17St Anns, Ontario
18Smithville, Ontario


Product Popularity for St Catharines


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 24.6%
Qualification: 22.0%
No Money Down: 19.9%
Renewal: 12.7%
Refinance: 10.2%
Purchase: 3.4%
Low Doc: 1.7%
Other: 5.2%
 
Total Application Types Found: 15
 St Catharines Mortgage Product Popularity Pie Chart

Age Demographics for St Catharines Mortgage Applicants

Average age: 35
Oldest age: 82
Youngest age: 19


Incomes for St Catharines Mortgage Applicants

The amounts shown below represent the average income of Canadians living in St Catharines who have applied for a mortgage loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in St Catharines: $49,888.85
applicants within all of Canada: $58,582.76
Difference: ($8,693.91)
  
mortgage co-applicants in St Catharines: $35,457.85
co-applicants within all of Canada: $41,205.53
Difference: ($5,747.69)

Note: Commercial Mortgage loans were not included for this survey, only residential loans from St Catharines, Ontario were used.

Residential Status for St Catharines Mortgages

The information shown below represents the residential status of people living in St Catharines who have submitted an inquiry using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 49.2%
Own: 39.0%
Other: 1.7%
No Comment: 3.0%
Live with parents: 7.2%
St Catharines Residential Status Pie Chart

Marital Status for St Catharines Mortgages

The pie chart below represents the marital status of applicants from St Catharines, Ontario using the mortgage preapproval application found at canequity.com. Approximately 63% of the mortgage applicants are either married or living common-law, while only 35% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.6%
Single: 28.8%
Common-law: 16.5%
Divorced: 3.4%
Separated: 3.4%
Widowed: 1.3%
St Catharines Marital Status Pie Chart