Welland Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.59% | * 0.01% |
| 2009: | 9.17% | 0.02% |
| 2008: | 22.94% | 0.06% |
| 2007: | 8.26% | 0.02% |
| 2006: | 13.76% | 0.04% |
| 2005: | 12.84% | 0.03% |
| 2004: | 14.68% | 0.04% |
| 2003: | 6.42% | 0.02% |
| 2002: | 7.34% | 0.02% |
This bar graph displays the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Welland mostly occur during our first quarter (represented by the brown bars) with 32.11% while our slowest is the third quarter (represented by the blue bars) with 21.10%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 15.6% | |
| 2: | February: | 11.0% | |
| 3: | August: | 10.1% | |
| 4: | October: | 10.1% | |
| 5: | June: | 10.1% | |
| 6: | April: | 9.2% | |
| 7: | July: | 8.3% | |
| 8: | December: | 7.3% | |
| 9: | May: | 5.5% | |
| 10: | March: | 5.5% | |
| 11: | November: | 4.6% | |
| 12: | September: | 2.8% |
The data below compares the busy days for Internet applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Welland the busiest day, with 22.02% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 8.26% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 22.0% | |
| 2: | Wednesday: | 16.5% | |
| 3: | Thursday: | 16.5% | |
| 4: | Saturday: | 12.8% | |
| 5: | Tuesday: | 11.9% | |
| 6: | Friday: | 11.9% | |
| 7: | Sunday: | 8.3% |
Inquiries are received 24 hours a day from the CanEquity web site. The report shown below 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 |
|---|---|
| 00:00 to 00:59: | 0.9% |
| 03:00 to 03:59: | 0.9% |
| 05:00 to 05:59: | 1.8% |
| 06:00 to 06:59: | 1.8% |
| 07:00 to 07:59: | 5.5% |
| 08:00 to 08:59: | 3.7% |
| 09:00 to 09:59: | 3.7% |
| 10:00 to 10:59: | 4.6% |
| 11:00 to 11:59: | 3.7% |
| 12:00 to 12:59: | 10.1% |
| 13:00 to 13:59: | 9.2% |
| 14:00 to 14:59: | 2.8% |
| 15:00 to 15:59: | 6.4% |
| 16:00 to 16:59: | 10.1% |
| 17:00 to 17:59: | 9.2% |
| 18:00 to 18:59: | 4.6% |
| 19:00 to 19:59: | 6.4% |
| 20:00 to 20:59: | 7.3% |
| 21:00 to 21:59: | 0.9% |
| 22:00 to 22:59: | 5.5% |
| 23:00 to 23:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.14% |
| British Columbia: | 10.92% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.89% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.09% |
| Ontario: | 48.84% |
| Prince Edward Island: | 0.43% |
| Quebec: | 4.05% |
| Saskatchewan: | 5.08% |
| Yukon Territories: | 0.25% |
| Location | Contribution | |
|---|---|---|
| 036: | SARNIA, ON | 0.271% |
| 037: | ORLEANS, ON | 0.266% |
| 038: | KANATA, ON | 0.264% |
| 039: | MILTON, ON | 0.261% |
| 040: | WOODSTOCK, ON | 0.261% |
| 041: | WELLAND, ON | 0.261% |
| 042: | BELLEVILLE, ON | 0.256% |
| 043: | CHATHAM, ON | 0.225% |
| 044: | WOODBRIDGE, ON | 0.225% |
| 045: | NORTH BAY, ON | 0.221% |
| 046: | STONEY CREEK, ON | 0.218% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 23.9% | |
| First-time Buyer: | 18.3% | |
| Qualification: | 17.4% | |
| No Money Down: | 17.4% | |
| Renewal: | 9.2% | |
| Purchase: | 8.3% | |
| Pre-approval: | 2.8% | |
| Commercial: | 1.8% | |
| Consolidate: | 0.9% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 72
Youngest age: 20
The amounts shown below represent the average income of Canadians living in Welland who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Welland: | $43,814.35 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | ($14,634.07) |
| mortgage co-applicants in Welland: | $31,743.86 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | ($9,366.60) |
The pie chart below shows the residential status of people living in Welland who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.0% | |
| Own: | 40.4% | |
| Other: | 3.7% | |
| No Comment: | 4.6% | |
| Live with parents: | 6.4% |
The following pie chart represents the marital status of applicants from Welland, Ontario using the mortgage application located at the CanEquity web site. In Welland, approximately 66% of the mortgage applicants are living with someone, while only 33% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.2% | |
| Common-law: | 24.8% | |
| Single: | 24.8% | |
| Separated: | 4.6% | |
| Divorced: | 3.7% |
