Wallaceburg Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.70% | * 0.00% |
| 2009: | 11.11% | 0.01% |
| 2008: | 25.93% | 0.02% |
| 2007: | 25.93% | 0.02% |
| 2006: | 3.70% | 0.00% |
| 2005: | 3.70% | 0.00% |
| 2004: | 14.82% | 0.01% |
| 2003: | 11.11% | 0.01% |
The bar graph below displays the busy days for mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Wallaceburg, the day with the most volume, generating 33.33% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 3.70% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 33.3% | |
| 2: | Wednesday: | 25.9% | |
| 3: | Tuesday: | 11.1% | |
| 4: | Friday: | 11.1% | |
| 5: | Thursday: | 7.4% | |
| 6: | Sunday: | 7.4% | |
| 7: | Saturday: | 3.7% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The information shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 29.6% of all mortgages are received before noon, while 70.4% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 7.4% |
| 09:00 to 09:59: | 14.8% |
| 10:00 to 10:59: | 3.7% |
| 11:00 to 11:59: | 3.7% |
| 12:00 to 12:59: | 3.7% |
| 13:00 to 13:59: | 3.7% |
| 14:00 to 14:59: | 7.4% |
| 15:00 to 15:59: | 3.7% |
| 16:00 to 16:59: | 3.7% |
| 17:00 to 17:59: | 3.7% |
| 18:00 to 18:59: | 7.4% |
| 19:00 to 19:59: | 14.8% |
| 20:00 to 20:59: | 11.1% |
| 21:00 to 21:59: | 3.7% |
| 22:00 to 22:59: | 3.7% |
| 23:00 to 23:59: | 3.7% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 100: | STITTSVILLE, ON | 0.068% |
| 101: | CARLETON PLACE, ON | 0.068% |
| 102: | BEAMSVILLE, ON | 0.063% |
| 103: | KINGSVILLE, ON | 0.063% |
| 104: | HANMER, ON | 0.063% |
| 105: | WALLACEBURG, ON | 0.063% |
| 106: | PARRY SOUND, ON | 0.063% |
| 107: | DUNNVILLE, ON | 0.061% |
| 108: | AYLMER, ON | 0.061% |
| 109: | THOROLD, ON | 0.061% |
| 110: | DELHI, ON | 0.059% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 22.2% | |
| Refinance: | 18.5% | |
| Pre-approval: | 14.8% | |
| Qualification: | 11.1% | |
| First-time Buyer: | 11.1% | |
| Renewal: | 7.4% | |
| Purchase: | 7.4% | |
| Low Doc: | 3.7% | |
| Variable Rate: | 3.7% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 74
Youngest age: 22
The following figures show the average income of people living in Wallaceburg who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Wallaceburg: | $44,794.71 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($13,787.68) |
| mortgage co-applicants in Wallaceburg: | $35,467.50 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($5,758.32) |
The information shown below represents the residential status of people living in Wallaceburg who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 51.9% | |
| Own: | 33.3% | |
| Other: | 3.7% | |
| Live with parents: | 11.1% |
The pie chart below represents the marital status of applicants from Wallaceburg, Ontario using the mortgage application located at canequity.com. 48% of the mortgage applicants are either married or living common-law, while only 51% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 40.7% | |
| Married: | 37.0% | |
| Separated: | 11.1% | |
| Common-law: | 11.1% |
