Last report update for Timmins: Tuesday, May 13, 2008
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Timmins Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Timmins

Year Year to Year
Comparison
** National
Contribution
2008: * 5.17% * 0.01%
2007: 27.59% 0.05%
2006: 25.86% 0.05%
2005: 20.69% 0.04%
2004: 6.90% 0.01%
2003: 6.90% 0.01%
2002: 6.90% 0.01%

Note: * These values are the percentages up to Tuesday, May 13, 2008. Estimated volume targets for the entire 2008 year are 12.07% and 0.02% respectively. ** Total national contribution of Timmins mortgages in the past is currently 0.19% with a projected target of 0.21%.

Busy Months for Mortgages within Timmins

The following displays the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Timmins happen to occur during our first quarter (represented by the brown bars) with 32.76% while our slowest is the third quarter (represented by the blue bars) with 15.52%.

RankMonth Percentage
of Inquiries
1: February: 15.5%
2: March: 13.8%
3: May: 12.1%
4: October: 10.3%
5: June: 10.3%
6: December: 8.6%
7: July: 8.6%
8: April: 6.9%
9: November: 3.5%
10: January: 3.5%
11: August: 3.5%
12: September: 3.5%
Busy Months Report for Timmins Mortgages

Busy Days for Online Mortgages within Timmins

The graph listed below illustrates the busy days for mortgage inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Timmins the busiest day, with approximately 24.14% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 8.62% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 24.1%
2: Wednesday: 17.2%
3: Tuesday: 15.5%
4: Thursday: 12.1%
5: Sunday: 12.1%
6: Friday: 10.3%
7: Saturday: 8.6%
Busy Days Report for Timmins Mortgages

Peak Hours for Mortgage Applicants within Timmins

In Timmins, mortgage applications are received 24 hours a day via the CanEquity web site. The graph shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 3.4%
06:00 to 06:59: 1.7%
07:00 to 07:59: 6.9%
08:00 to 08:59: 5.2%
09:00 to 09:59: 6.9%
10:00 to 10:59: 5.2%
11:00 to 11:59: 5.2%
12:00 to 12:59: 5.2%
13:00 to 13:59: 8.6%
14:00 to 14:59: 10.3%
15:00 to 15:59: 6.9%
16:00 to 16:59: 6.9%
17:00 to 17:59: 1.7%
18:00 to 18:59: 8.6%
19:00 to 19:59: 1.7%
20:00 to 20:59: 8.6%
21:00 to 21:59: 3.4%
23:00 to 23:59: 3.4%
Peak Hours Graph for Mortgages in Timmins

Note: Only hours that have had mortgages from Timmins, 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: 11.48%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario 48.62%
Prince Edward Island: 0.35%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Timmins Mortgages

Current City Standing within Ontario


Location Contribution
044:  MILTON, ON 0.238%
045:  WOODBRIDGE, ON 0.235%
046:  STONEY CREEK, ON 0.225%
047:  ST THOMAS, ON 0.212%
048:  ORILLIA, ON 0.209%
049:  TIMMINS, ON 0.192%
050:  GEORGETOWN, ON 0.189%
051:  ORANGEVILLE, ON 0.185%
052:  AURORA, ON 0.182%
053:  STRATFORD, ON 0.169%
054:  KESWICK, ON 0.162%

Nearest Settlements


1Iroquois Falls, Ontario


Product Popularity for Timmins


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 31.0%
No Money Down: 24.1%
First-time Buyer: 15.5%
Refinance: 13.8%
Renewal: 5.2%
Purchase: 5.2%
Pre-approval: 1.7%
Second Mortgage: 1.7%
Short Term Open: 1.7%
 
Total Application Types Found: 9
 Timmins Mortgage Product Popularity Pie Chart

Age Demographics for Timmins Mortgage Applicants

Average age: 35
Oldest age: 64
Youngest age: 22


Incomes for Timmins Mortgage Applicants

The figures below represent the average income of people living in Timmins who have submitted an inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Timmins: $43,972.00
applicants within all of Canada: $56,384.30
Difference: ($12,412.30)
  
mortgage co-applicants in Timmins: $39,445.26
co-applicants within all of Canada: $39,375.53
Difference: $69.73

Note: Commercial Mortgages were not included for this report, only residential mortgage loans were used.

Residential Status for Timmins Applicants

The information shown below represents the residential status of people living in Timmins who have applied for a loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 48.3%
Own: 43.1%
Other: 1.7%
No Comment: 6.9%
Timmins Residential Status Pie Chart

Marital Statistics for Timmins Applicants

The following table and pie chart represents the marital status of applicants from Timmins, Ontario using the mortgage application found on the CanEquity Mortgage web site. 65% of the mortgage applicants are either married or living common-law, while only 32% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 51.7%
Single: 29.3%
Common-law: 13.8%
Separated: 3.4%
Widowed: 1.7%
Timmins Marital Status Pie Chart