Timmins Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 8.05% | * 0.02% |
| 2009: | 12.64% | 0.03% |
| 2008: | 16.09% | 0.03% |
| 2007: | 18.39% | 0.04% |
| 2006: | 17.24% | 0.04% |
| 2005: | 13.79% | 0.03% |
| 2004: | 4.60% | 0.01% |
| 2003: | 4.60% | 0.01% |
| 2002: | 4.60% | 0.01% |
The 6-year bar graph below shows the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Timmins mostly occur during our first quarter (represented by the brown bars) with 31.03% while our slowest is the third quarter (represented by the blue bars) with 20.69%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 12.6% | |
| 2: | October: | 12.6% | |
| 3: | March: | 11.5% | |
| 4: | June: | 11.5% | |
| 5: | May: | 9.2% | |
| 6: | July: | 8.1% | |
| 7: | January: | 6.9% | |
| 8: | December: | 6.9% | |
| 9: | August: | 6.9% | |
| 10: | April: | 5.8% | |
| 11: | September: | 5.8% | |
| 12: | November: | 2.3% |
The data below shows the busy days for mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Timmins the busiest day of the week, with 21.84% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 10.34% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 21.8% | |
| 2: | Tuesday: | 18.4% | |
| 3: | Wednesday: | 16.1% | |
| 4: | Friday: | 11.5% | |
| 5: | Sunday: | 11.5% | |
| 6: | Thursday: | 10.3% | |
| 7: | Saturday: | 10.3% |
In Timmins, mortgage applications are received 24 hours a day from the CanEquity web site. The following represents the busy hours within 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: | 2.3% |
| 06:00 to 06:59: | 3.4% |
| 07:00 to 07:59: | 6.9% |
| 08:00 to 08:59: | 3.4% |
| 09:00 to 09:59: | 6.9% |
| 10:00 to 10:59: | 5.7% |
| 11:00 to 11:59: | 4.6% |
| 12:00 to 12:59: | 6.9% |
| 13:00 to 13:59: | 6.9% |
| 14:00 to 14:59: | 8.0% |
| 15:00 to 15:59: | 6.9% |
| 16:00 to 16:59: | 6.9% |
| 17:00 to 17:59: | 3.4% |
| 18:00 to 18:59: | 9.2% |
| 19:00 to 19:59: | 4.6% |
| 20:00 to 20:59: | 6.9% |
| 21:00 to 21:59: | 4.6% |
| 23:00 to 23:59: | 2.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.86% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.11% |
| 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: | 4.15% |
| Saskatchewan: | 5.06% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 044: | WOODBRIDGE, ON | 0.227% |
| 045: | NORTH BAY, ON | 0.220% |
| 046: | STONEY CREEK, ON | 0.218% |
| 047: | ST THOMAS, ON | 0.206% |
| 048: | ORILLIA, ON | 0.204% |
| 049: | TIMMINS, ON | 0.204% |
| 050: | AURORA, ON | 0.192% |
| 051: | ORANGEVILLE, ON | 0.166% |
| 052: | GEORGETOWN, ON | 0.164% |
| 053: | BROCKVILLE, ON | 0.162% |
| 054: | BOWMANVILLE, ON | 0.157% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.3% | |
| No Money Down: | 21.8% | |
| First-time Buyer: | 20.7% | |
| Refinance: | 13.8% | |
| Purchase: | 6.9% | |
| Renewal: | 4.6% | |
| Pre-approval: | 2.3% | |
| Second Mortgage: | 2.3% | |
| Short Term Open: | 1.1% | |
| Commercial: | 1.1% | |
| Total Application Types Found: 10 | ||
Average age: 35
Oldest age: 64
Youngest age: 21
The information below represents the average income of people living in Timmins who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Timmins: | $50,116.66 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | ($8,475.74) |
| mortgage co-applicants in Timmins: | $36,165.19 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | ($5,113.71) |
The following depicts the residential status of people living in Timmins who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 51.7% | |
| Own: | 40.2% | |
| Other: | 2.3% | |
| No Comment: | 4.6% | |
| Live with parents: | 1.1% |
The information below shows the marital status of applicants from Timmins, Ontario using the preapproval application found on canequity.com. 65% of the mortgage applicants are living with someone, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 47.1% | |
| Single: | 25.3% | |
| Common-law: | 18.4% | |
| Separated: | 5.7% | |
| Divorced: | 2.3% | |
| Widowed: | 1.1% |
