Last report update for Thornhill: Wednesday, March 17, 2010
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Thornhill Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Thornhill

Year Year to Year
Comparison
** National
Contribution
2010: * 3.36% * 0.01%
2009: 25.21% 0.07%
2008: 14.29% 0.04%
2007: 14.29% 0.04%
2006: 10.92% 0.03%
2005: 10.92% 0.03%
2004: 5.88% 0.02%
2003: 10.92% 0.03%
2002: 4.20% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 14.28% and 0.04% respectively. ** Total national contribution of Thornhill mortgages in the past is currently 0.28% with a projected target of 0.31%.

Busy Months for Mortgage Applications within Thornhill

The graph below illustrates the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Thornhill mostly occur during our second quarter (represented by the green bars) with 33.61% while our slowest is the fourth quarter (represented by the red bars) with 15.97%.

RankMonth Percentage
of Inquiries
1: May: 14.3%
2: April: 10.9%
3: February: 10.9%
4: January: 10.1%
5: March: 10.1%
6: July: 8.4%
7: June: 8.4%
8: December: 7.6%
9: October: 7.6%
10: August: 6.7%
11: September: 4.2%
12: November: 0.8%
Busy Months Report for Thornhill Mortgages

Busy Days for Mortgages within Thornhill

The graph listed below shows 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 Thornhill, the day with the most volume, having more than 21.01% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 7.56% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 21.0%
2: Tuesday: 17.6%
3: Friday: 16.8%
4: Wednesday: 16.0%
5: Sunday: 11.8%
6: Thursday: 9.2%
7: Saturday: 7.6%
Busy Days Report for Thornhill Mortgages

Peak Hours for Originated Mortgages within Thornhill

Thornhill mortgage applications are received 24 hours a day from the CanEquity web site. The graph shown below represents the peak hours in the day. The data is taken from all days of all years. Only 40.3% of all mortgages are received before noon, while 59.7% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
05:00 to 05:59: 1.7%
06:00 to 06:59: 1.7%
07:00 to 07:59: 5.0%
08:00 to 08:59: 5.0%
09:00 to 09:59: 10.1%
10:00 to 10:59: 8.4%
11:00 to 11:59: 8.4%
12:00 to 12:59: 6.7%
13:00 to 13:59: 14.3%
14:00 to 14:59: 5.0%
15:00 to 15:59: 3.4%
16:00 to 16:59: 5.0%
17:00 to 17:59: 8.4%
18:00 to 18:59: 4.2%
19:00 to 19:59: 4.2%
20:00 to 20:59: 4.2%
21:00 to 21:59: 3.4%
22:00 to 22:59: 0.8%
Peak Hours Graph for Mortgages in Thornhill

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

Current City Standing within Ontario


Location Contribution
031:  NIAGARA FALLS, ON 0.340%
032:  NEWMARKET, ON 0.310%
033:  NEPEAN, ON 0.303%
034:  CORNWALL, ON 0.291%
035:  SARNIA, ON 0.279%
036:  THORNHILL, ON 0.279%
037:  ORLEANS, ON 0.275%
038:  KANATA, ON 0.275%
039:  MILTON, ON 0.265%
040:  WOODSTOCK, ON 0.258%
041:  WELLAND, ON 0.256%

Nearest Settlements


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Product Popularity for Thornhill


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 21.8%
First-time Buyer: 19.3%
Qualification: 17.6%
Purchase: 14.3%
Refinance: 10.1%
No Money Down: 5.0%
Variable Rate: 3.4%
Equity Mortgage: 2.5%
Investment: 2.5%
Other: 3.2%
 
Total Application Types Found: 13
 Thornhill Mortgage Product Popularity Pie Chart

Age Demographics for Thornhill Mortgage Applicants

Average age: 41
Oldest age: 67
Youngest age: 22


Incomes for Thornhill Mortgage Applicants

The amounts below are the average income of applicants living in Thornhill who have applied for a loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Thornhill: $81,768.98
applicants within all of Canada: $58,582.39
Difference: $23,186.60
  
mortgage co-applicants in Thornhill: $48,162.30
co-applicants within all of Canada: $41,225.82
Difference: $6,936.48

Note: Commercial Mortgages were not included for this section, only residential mortgage loan amounts were used.

Residential Status for Thornhill Mortgage Applicants

The table and pie chart below represents the residential status of people living in Thornhill who have applied for a mortgage using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 35.3%
Own: 57.1%
Other: 0.8%
No Comment: 2.5%
Live with parents: 4.2%
Thornhill Residential Status Pie Chart

Marital Status for Thornhill Mortgage Applicants

The following information represents the marital status of applicants from Thornhill, Ontario using the mortgage application found on canequity.com. Approximately 73% of the mortgage applicants are living common-law or married, while only 26% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 69.7%
Single: 22.7%
Common-law: 3.4%
Divorced: 2.5%
Separated: 0.8%
Widowed: 0.8%
Thornhill Marital Status Pie Chart