Last report update for Strathroy: Wednesday, March 17, 2010
Canada Mortgages
Strathroy 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:
Ailsa Craig
Granton
Ilderton
Komoka
Melbourne
Mount Brydges
Parkhill
Sebringville
Watford
Wyoming


Strathroy Mortgages

Ontario Mortgage Statistics, Graphs and Charts

Map of Strathroy requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Originating from Strathroy

Year Year to Year
Comparison
** National
Contribution
2009: 20.00% 0.03%
2008: 18.18% 0.02%
2007: 5.46% 0.01%
2006: 14.55% 0.02%
2005: 12.73% 0.02%
2004: 16.36% 0.02%
2003: 9.09% 0.01%
2002: 3.64% 0.01%

Note: ** Total national contribution of Strathroy mortgages in the past is currently 0.13% with a projected target of 0.13%.

Busy Months for Mortgages within Strathroy

This bar graph represents the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Strathroy usually occur during our first quarter (represented by the brown bars) with 32.73% while our slowest is the fourth quarter (represented by the red bars) with 12.73%.

RankMonth Percentage
of Inquiries
1: March: 20.0%
2: January: 10.9%
3: May: 10.9%
4: April: 10.9%
5: June: 10.9%
6: August: 9.1%
7: November: 7.3%
8: September: 7.3%
9: July: 5.5%
10: October: 3.6%
11: December: 1.8%
12: February: 1.8%
Busy Months Report for Strathroy Mortgages

Busy Days for Applications within Strathroy

The bar graph below compares the busy days for online mortgage applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Strathroy the busiest day of the week, with 30.91% of all submissions, is Wednesday. In comparison, Monday's are the slowest day with only 5.45% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Wednesday: 30.9%
2: Tuesday: 16.4%
3: Thursday: 14.6%
4: Saturday: 12.7%
5: Friday: 10.9%
6: Sunday: 9.1%
7: Monday: 5.5%
Busy Days Report for Strathroy Mortgages

Peak Hours for Mortgage Applicants within Strathroy

Applications are received 24 hours a day on the CanEquity web site. The time periods below indicates the rush hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 1.8%
04:00 to 04:59: 1.8%
05:00 to 05:59: 5.5%
07:00 to 07:59: 3.6%
08:00 to 08:59: 5.5%
09:00 to 09:59: 5.5%
10:00 to 10:59: 7.3%
11:00 to 11:59: 9.1%
12:00 to 12:59: 10.9%
13:00 to 13:59: 5.5%
14:00 to 14:59: 3.6%
15:00 to 15:59: 3.6%
16:00 to 16:59: 5.5%
17:00 to 17:59: 9.1%
18:00 to 18:59: 7.3%
19:00 to 19:59: 3.6%
20:00 to 20:59: 1.8%
21:00 to 21:59: 5.5%
22:00 to 22:59: 1.8%
23:00 to 23:59: 1.8%
Peak Hours Graph for Mortgages in Strathroy

Note: Only hours that have had mortgages from Strathroy, 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%
Strathroy Mortgages

Current City Standing within Ontario


Location Contribution
056:  STRATFORD, ON 0.150%
057:  DUNDAS, ON 0.148%
058:  TRENTON, ON 0.143%
059:  MAPLE, ON 0.138%
060:  BRADFORD, ON 0.131%
061:  STRATHROY, ON 0.129%
062:  OWEN SOUND, ON 0.129%
063:  COBOURG, ON 0.122%
064:  LINDSAY, ON 0.122%
065:  FORT ERIE, ON 0.122%
066:  COLLINGWOOD, ON 0.120%

Nearest Settlements


1Watford, Ontario
2Ailsa Craig, Ontario
3Komoka, Ontario
4Ilderton, Ontario
5Mount Brydges, Ontario
6Sebringville, Ontario
7Granton, Ontario
8Melbourne, Ontario
9Wyoming, Ontario
10Parkhill, Ontario
11Lucan, Ontario
12Delaware, Ontario
13Crediton, Ontario
14Denfield, Ontario
15Thamesford, Ontario
16Glencoe, Ontario
17St Thomas, Ontario
18Rodney, Ontario
19Exeter, Ontario
20Dorchester, Ontario
21Belmont, Ontario
22St Marys, Ontario
23Petrolia, Ontario
24London, Ontario
25Springfield, Ontario
26Salem, Ontario
27Mitchell, Ontario
28Port Burwell, Ontario
29Vienna, Ontario
30Thedford, Ontario
31Tavistock, Ontario
32Centre Wellington, Ontario
33Shakespeare, Ontario
34Sarnia, Ontario
35Ingersoll, Ontario
36Oil Springs, Ontario
37Camlachie, Ontario
38Point Edward, Ontario
39Bright'S Grove, Ontario
40New Hamburg, Ontario
41Stratford, Ontario
42Forest, Ontario
43Seaforth, Ontario
44Baden, Ontario
45Norwich, Ontario
46Innerkip, Ontario
47Port Franks, Ontario
48Bayfield, Ontario
49Dresden, Ontario
50Courtright, Ontario
51West Lorne, Ontario
52Grand Bend, Ontario
53Aylmer, Ontario
54Thamesville, Ontario
55Dutton, Ontario
56Dashwood, Ontario
57Beachville, Ontario
58Corunna, Ontario
59Hensall, Ontario
60Port Stanley, Ontario


Product Popularity for Strathroy


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 23.6%
No Money Down: 23.6%
Refinance: 16.4%
First-time Buyer: 14.5%
Purchase: 9.1%
Renewal: 5.5%
Low Doc: 3.6%
Pre-approval: 1.8%
Variable Rate: 1.8%
 
Total Application Types Found: 9
 Strathroy Mortgage Product Popularity Pie Chart

Age Demographics for Strathroy Based Mortgages

Average age: 38
Oldest age: 61
Youngest age: 22


Incomes for Strathroy Based Mortgages

The following figures show the average income of applicants living in Strathroy who have submitted a mortgage inquiry using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Strathroy: $47,305.39
applicants within all of Canada: $58,582.39
Difference: ($11,277.00)
  
mortgage co-applicants in Strathroy: $34,630.40
co-applicants within all of Canada: $41,225.82
Difference: ($6,595.42)

Note: Commercial Mortgage loans were not included for this section, only residential mortgage loans were used.

Residential Status for Strathroy Mortgages

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 45.5%
Own: 38.2%
Other: 3.6%
No Comment: 3.6%
Live with parents: 9.1%
Strathroy Residential Status Pie Chart

Marital Status for Strathroy Mortgages

The following table and pie chart represents the marital status of applicants from Strathroy, Ontario using the preapproval application found on the CanEquity Mortgage web site. Approximately 65% of the mortgage applicants are living with someone, while only 34% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 56.4%
Single: 21.8%
Separated: 10.9%
Common-law: 9.1%
Divorced: 1.8%
Strathroy Marital Status Pie Chart