Strathroy Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 10.53% | * 0.01% |
| 2007: | 7.89% | 0.01% |
| 2006: | 21.05% | 0.03% |
| 2005: | 18.42% | 0.02% |
| 2004: | 23.68% | 0.03% |
| 2003: | 13.16% | 0.02% |
| 2002: | 5.26% | 0.01% |
The bar graph below compares the busy days for online applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Strathroy the busiest day, with approximately 23.68% of all applications, is Wednesday. In comparison, Sunday's are the slowest day with only 5.26% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 23.7% | |
| 2: | Tuesday: | 18.4% | |
| 3: | Thursday: | 18.4% | |
| 4: | Friday: | 13.2% | |
| 5: | Saturday: | 13.2% | |
| 6: | Monday: | 7.9% | |
| 7: | Sunday: | 5.3% |
In Strathroy, inquiries are received 24 hours a day from the CanEquity web site. The time periods below indicates the peak hours in the day. The data is taken from all days of all years. Only 39.5% of all mortgages are received before noon, while 57.9% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 2.6% |
| 04:00 to 04:59: | 2.6% |
| 05:00 to 05:59: | 2.6% |
| 07:00 to 07:59: | 2.6% |
| 08:00 to 08:59: | 7.9% |
| 09:00 to 09:59: | 7.9% |
| 10:00 to 10:59: | 10.5% |
| 11:00 to 11:59: | 5.3% |
| 12:00 to 12:59: | 15.8% |
| 13:00 to 13:59: | 5.3% |
| 14:00 to 14:59: | 2.6% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 5.3% |
| 17:00 to 17:59: | 5.3% |
| 18:00 to 18:59: | 2.6% |
| 20:00 to 20:59: | 2.6% |
| 21:00 to 21:59: | 7.9% |
| 22:00 to 22:59: | 2.6% |
| 23:00 to 23:59: | 2.6% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.49% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.77% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.60% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 058: | TRENTON, ON | 0.143% |
| 059: | LINDSAY, ON | 0.140% |
| 060: | BRADFORD, ON | 0.140% |
| 061: | COBOURG, ON | 0.130% |
| 062: | MAPLE, ON | 0.126% |
| 063: | STRATHROY, ON | 0.126% |
| 064: | BOLTON, ON | 0.126% |
| 065: | INNISFIL, ON | 0.123% |
| 066: | COLLINGWOOD, ON | 0.123% |
| 067: | FORT ERIE, ON | 0.116% |
| 068: | OWEN SOUND, ON | 0.113% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 26.3% | |
| No Money Down: | 23.7% | |
| Refinance: | 21.1% | |
| First-time Buyer: | 10.5% | |
| Low Doc: | 5.3% | |
| Renewal: | 5.3% | |
| Pre-approval: | 2.6% | |
| Purchase: | 2.6% | |
| Variable Rate: | 2.6% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 61
Youngest age: 22
The amounts below are the average income of Canadians living in Strathroy who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Strathroy: | $46,716.33 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | ($9,631.16) |
| mortgage co-applicants in Strathroy: | $33,636.36 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | ($5,694.34) |
The table and pie chart 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: | 42.1% | |
| Own: | 42.1% | |
| Other: | 5.3% | |
| No Comment: | 5.3% | |
| Live with parents: | 5.3% |
The following pie chart represents the marital status of applicants from Strathroy, Ontario using the mortgage application found at canequity.com. In Strathroy, approximately 63% of the mortgage applicants are living common-law or married, while only 36% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 18.4% | |
| Separated: | 15.8% | |
| Common-law: | 13.2% | |
| Divorced: | 2.6% |
