Last report update for Wallaceburg: Friday, May 16, 2008
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Related Links:
Bothwell
Chatham
Courtright
Dashwood
Dresden
Dutton
Oil Springs
Port Lambton
Ridgetown
Thamesville

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Wallaceburg Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Wallaceburg

Year Year to Year
Comparison
** National
Contribution
2008: * 23.81% * 0.02%
2007: 33.33% 0.02%
2006: 4.76% 0.00%
2005: 4.76% 0.00%
2004: 19.05% 0.01%
2003: 14.29% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 57.14% and 0.04% respectively. ** Total national contribution of Wallaceburg mortgages in the past is currently 0.07% with a projected target of 0.09%.

Peak Hours for Mortgages within Wallaceburg

In Wallaceburg, mortgage applications are received 24 hours a day from the CanEquity web site. The time periods below indicates the peak hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
07:00 to 07:59: 9.5%
09:00 to 09:59: 9.5%
12:00 to 12:59: 4.8%
14:00 to 14:59: 9.5%
15:00 to 15:59: 4.8%
16:00 to 16:59: 4.8%
17:00 to 17:59: 4.8%
18:00 to 18:59: 4.8%
19:00 to 19:59: 19.0%
20:00 to 20:59: 14.3%
21:00 to 21:59: 4.8%
22:00 to 22:59: 4.8%
23:00 to 23:59: 4.8%
Peak Hours Graph for Mortgages in Wallaceburg

Note: Only hours that have had mortgages from Wallaceburg, 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: 11.46%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario 48.63%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Wallaceburg Mortgages

Current City Standing within Ontario


Location Contribution
092:  PARIS, ON 0.073%
093:  EAST YORK, ON 0.073%
094:  ACTON, ON 0.073%
095:  HARROW, ON 0.069%
096:  CALEDONIA, ON 0.069%
097:  WALLACEBURG, ON 0.069%
098:  STOUFFVILLE, ON 0.069%
099:  CARLETON PLACE, ON 0.069%
100:  AYLMER, ON 0.069%
101:  WASAGA BEACH, ON 0.066%
102:  STITTSVILLE, ON 0.066%

Nearest Settlements


1Bothwell, Ontario
2Dresden, Ontario
3Oil Springs, Ontario
4Courtright, Ontario
5Dashwood, Ontario
6Thamesville, Ontario
7Ridgetown, Ontario
8Port Lambton, Ontario
9Chatham, Ontario
10Dutton, Ontario
11Algonac, Ontario
12Petrolia, Ontario
13Corunna, Ontario
14Sarnia, Ontario
15Glencoe, Ontario
16Watford, Ontario
17Wyoming, Ontario
18Blenheim, Ontario
19Charing Cross, Ontario
20West Lorne, Ontario
21Muirkirk, Ontario


Product Popularity for Wallaceburg


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 28.6%
Refinance: 19.0%
Qualification: 14.3%
First-time Buyer: 14.3%
Renewal: 9.5%
Low Doc: 4.8%
Purchase: 4.8%
Variable Rate: 4.8%
 
Total Application Types Found: 8
 Wallaceburg Mortgage Product Popularity Pie Chart

Age Demographics for Wallaceburg Mortgage Applicants

Average age: 32
Oldest age: 46
Youngest age: 22


Incomes for Wallaceburg Mortgage Applicants

The amounts below are the average income of applicants living in Wallaceburg who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Wallaceburg: $46,510.45
applicants within all of Canada: $56,403.93
Difference: ($9,893.48)
  

Note: Commercial loans were not included for this survey, only residential mortgage loan amounts from Wallaceburg, Ontario were used.

Residential Status for Wallaceburg Mortgage Applicants

The information shown below represents the residential status of people living in Wallaceburg who have submitted an inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 47.6%
Own: 33.3%
Other: 4.8%
Live with parents: 14.3%
Wallaceburg Residential Status Pie Chart

Marital Status for Wallaceburg Mortgage Applicants

The pie chart below represents the marital status of applicants from Wallaceburg, Ontario using the preapproval application found at the CanEquity web site. 57% of the mortgage applicants are living with someone, while only 42% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 42.9%
Single: 28.6%
Separated: 14.3%
Common-law: 14.3%
Wallaceburg Marital Status Pie Chart