Last report update for Tecumseh: Friday, May 16, 2008
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Amherstburg
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Emeryville
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Tecumseh Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Tecumseh

Year Year to Year
Comparison
** National
Contribution
2008: * 14.29% * 0.01%
2007: 10.71% 0.01%
2006: 7.14% 0.01%
2005: 25.00% 0.02%
2004: 28.57% 0.03%
2003: 14.29% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 32.14% and 0.03% respectively. ** Total national contribution of Tecumseh mortgages in the past is currently 0.09% with a projected target of 0.11%.

Busy Days for Mortgage Inquiries within Tecumseh

The graph listed below compares the busy days for Internet 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 Tecumseh the busiest day, with 32.14% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 3.57% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Wednesday: 32.1%
2: Monday: 17.9%
3: Tuesday: 17.9%
4: Thursday: 17.9%
5: Sunday: 10.7%
6: Saturday: 3.6%
Busy Days Report for Tecumseh Mortgages

Note: Only days that have had morgages from Tecumseh, ON are shown.

Peak Hours for Originated Mortgages within Tecumseh

Applications are received 24 hours a day from the CanEquity web site. The information shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
03:00 to 03:59: 3.6%
06:00 to 06:59: 10.7%
07:00 to 07:59: 14.3%
08:00 to 08:59: 7.1%
09:00 to 09:59: 3.6%
10:00 to 10:59: 3.6%
11:00 to 11:59: 7.1%
12:00 to 12:59: 10.7%
15:00 to 15:59: 3.6%
17:00 to 17:59: 3.6%
18:00 to 18:59: 14.3%
20:00 to 20:59: 14.3%
23:00 to 23:59: 3.6%
Peak Hours Graph for Mortgages in Tecumseh

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

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia: 11.46%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario 48.63%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Tecumseh Mortgages

Current City Standing within Ontario


Location Contribution
074:  SMITHS FALLS, ON 0.099%
075:  TILLSONBURG, ON 0.099%
076:  ALLISTON, ON 0.099%
077:  AMHERSTBURG, ON 0.096%
078:  BROOKLIN, ON 0.093%
079:  TECUMSEH, ON 0.093%
080:  SIMCOE, ON 0.093%
081:  WATERDOWN, ON 0.093%
082:  GLOUCESTER, ON 0.089%
083:  LEAMINGTON, ON 0.089%
084:  FERGUS, ON 0.086%

Nearest Settlements


1Essex, Ontario
2Emeryville, Ontario
3Windsor, Ontario
4Maidstone, Ontario
5Lasalle, Ontario
6Cottam, Ontario
7Belle River, Ontario
8Kingsville, Ontario
9Amherstburg, Ontario
10Tilbury, Ontario
11Leamington, Ontario
12Ruthven, Ontario
13Wheatley, Ontario
14Harrow, Ontario
15Merlin, Ontario
16Chatham, Ontario
17Charing Cross, Ontario


Product Popularity for Tecumseh


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 35.7%
Renewal: 25.0%
First-time Buyer: 10.7%
Refinance: 10.7%
No Money Down: 7.1%
Second Mortgage: 3.6%
Purchase: 3.6%
Transfer: 3.6%
 
Total Application Types Found: 8
 Tecumseh Mortgage Product Popularity Pie Chart

Age Demographics for Tecumseh Originated Mortgages

Average age: 39
Oldest age: 78
Youngest age: 22


Incomes for Tecumseh Originated Mortgages

The following depicts the average income of Canadians living in Tecumseh who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Tecumseh: $69,685.74
applicants within all of Canada: $56,403.93
Difference: $13,281.82
  
mortgage co-applicants in Tecumseh: $51,692.31
co-applicants within all of Canada: $39,395.85
Difference: $12,296.46

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

Residential Status for Tecumseh Mortgages

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 17.9%
Own: 60.7%
Other: 3.6%
Live with parents: 17.9%
Tecumseh Residential Status Pie Chart

Marital Statistics for Tecumseh Mortgages

The following pie chart represents the marital status of applicants from Tecumseh, Ontario using the mortgage preapproval application found at canequity.com. Over 60% of the mortgage applicants are living together with someone, while only 39% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.1%
Single: 35.7%
Common-law: 3.6%
Separated: 3.6%
Tecumseh Marital Status Pie Chart