Last report update for Welland: Sunday, February 7, 2010
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Welland Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Welland

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%

Note: * These values are the percentages up to Sunday, February 7, 2010. Estimated volume targets for the entire 2010 year are 40.37% and 0.11% respectively. ** Total national contribution of Welland mortgages in the past is currently 0.26% with a projected target of 0.36%.

Busy Months for Mortgages within Welland

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%.

RankMonth 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%
Busy Months Report for Welland Mortgages

Busy Days for Mortgage Inquiries within Welland

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%
Busy Days Report for Welland Mortgages

Peak Hours for Mortgage Applicants within Welland

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%
Peak Hours Graph for Mortgages in Welland

Note: Only hours that have had mortgages from Welland, Ontario are shown.

Ontario Mortgage Originations Compared to all other Provinces


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%
Welland Mortgages

Current City Standing within Ontario


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%

Nearest Settlements


1Fonthill, Ontario
2Niagara Falls, Ontario
3Ridgeville, Ontario
4Fenwick, Ontario
5Port Colborne, Ontario
6Wellandport, Ontario
7Niagara On The Lake, Ontario
8Lowbanks, Ontario
9St Catharines, Ontario
10Crystal Beach, Ontario
11Fort Erie, Ontario
12Ridgeway, Ontario
13Thorold, Ontario
14Stevensville, Ontario
15Caistor Centre, Ontario
16Vineland, Ontario
17St Anns, Ontario
18Smithville, Ontario
19Dunnville, Ontario
20Grimsby, Ontario


Product Popularity for Welland


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
 Welland Mortgage Product Popularity Pie Chart

Age Demographics for Welland Originated Mortgages

Average age: 38
Oldest age: 72
Youngest age: 20


Incomes for Welland Originated Mortgages

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)

Note: Commercial loan amounts were not included for this section, only residential loans were used.

Residential Status for Welland Based Mortgages

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%
Welland Residential Status Pie Chart

Marital Statistics for Welland Based Mortgages

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%
Welland Marital Status Pie Chart