Timmins Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| 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% |
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%.
| Rank | Month | 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% |
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% |
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% |
| 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% |
| 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% |
| 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 | ||
Average age: 35
Oldest age: 64
Youngest age: 22
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 |
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% |
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% |
