Last report update for Windsor: Tuesday, May 13, 2008
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Amherstburg
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Windsor Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Windsor

Year Year to Year
Comparison
** National
Contribution
2008: * 6.76% * 0.06%
2007: 19.22% 0.18%
2006: 14.95% 0.14%
2005: 18.86% 0.17%
2004: 20.64% 0.19%
2003: 13.17% 0.12%
2002: 6.41% 0.06%

Note: * These values are the percentages up to Tuesday, May 13, 2008. Estimated volume targets for the entire 2008 year are 16.73% and 0.16% respectively. ** Total national contribution of Windsor mortgages in the past is currently 0.93% with a projected target of 1.02%.

Monthly Volume History for Mortgages from Windsor

The graph below illustrates the individual monthly volume history for Internet mortgage pre-approval applications from Windsor, ON.


Monthly Volume Report for Windsor Mortgages

Busy Months for Mortgages within Windsor

The bar graph below represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Windsor occur during our second quarter (represented by the green bars) with 29.89% while our slowest is the fourth quarter (represented by the red bars) with 17.44%.

RankMonth Percentage
of Inquiries
1: April: 12.1%
2: February: 11.0%
3: March: 10.7%
4: May: 9.3%
5: August: 8.5%
6: June: 8.5%
7: January: 7.8%
8: September: 7.8%
9: October: 7.5%
10: July: 6.8%
11: November: 5.3%
12: December: 4.6%
Busy Months Report for Windsor Mortgages

Busy Days for Mortgage Inquiries within Windsor

The bar graph below shows the busy days for online applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Windsor, the day with the most volume, having more than 17.44% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 9.96% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 17.4%
2: Monday: 17.1%
3: Friday: 16.0%
4: Thursday: 14.6%
5: Wednesday: 13.9%
6: Sunday: 11.0%
7: Saturday: 10.0%
Busy Days Report for Windsor Mortgages

Peak Hours for Applicants within Windsor

In Windsor, mortgages are received 24 hours a day from the CanEquity web site. The information shown below represents the rush hours in the day. The data is taken from all days of all years. Only 31.0% of all mortgages are received before noon, while 67.3% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 0.7%
01:00 to 01:59: 1.1%
03:00 to 03:59: 0.4%
04:00 to 04:59: 0.4%
05:00 to 05:59: 1.8%
06:00 to 06:59: 1.8%
07:00 to 07:59: 2.5%
08:00 to 08:59: 7.5%
09:00 to 09:59: 5.7%
10:00 to 10:59: 6.4%
11:00 to 11:59: 4.6%
12:00 to 12:59: 8.5%
13:00 to 13:59: 6.8%
14:00 to 14:59: 6.0%
15:00 to 15:59: 5.7%
16:00 to 16:59: 5.3%
17:00 to 17:59: 5.7%
18:00 to 18:59: 7.8%
19:00 to 19:59: 7.1%
20:00 to 20:59: 5.3%
21:00 to 21:59: 5.0%
22:00 to 22:59: 1.8%
23:00 to 23:59: 2.1%
Peak Hours Graph for Mortgages in Windsor

Note: Only hours that have had mortgages from Windsor, 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: 11.48%
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%
Windsor Mortgages

Current City Standing within Ontario


Location Contribution
004:  LONDON, ON 1.632%
005:  BRAMPTON, ON 1.566%
006:  HAMILTON, ON 1.463%
007:  SCARBOROUGH, ON 0.990%
008:  KITCHENER, ON 0.973%
009:  WINDSOR, ON 0.930%
010:  BARRIE, ON 0.920%
011:  BURLINGTON, ON 0.854%
012:  OAKVILLE, ON 0.705%
013:  OSHAWA, ON 0.645%
014:  ST CATHARINES, ON 0.573%

Nearest Settlements


1Essex, Ontario
2Tecumseh, Ontario
3Emeryville, Ontario
4Lasalle, Ontario
5Kingsville, Ontario
6Belle River, Ontario
7Maidstone, Ontario
8Amherstburg, Ontario
9Cottam, Ontario
10Leamington, Ontario
11Ruthven, Ontario
12Harrow, Ontario
13Tilbury, Ontario
14Wheatley, Ontario
15Merlin, Ontario


Product Popularity for Windsor


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 24.9%
First-time Buyer: 21.7%
Refinance: 17.4%
No Money Down: 13.9%
Renewal: 8.9%
Purchase: 7.1%
Variable Rate: 2.5%
Other: 3.7%
 
Total Application Types Found: 14
 Windsor Mortgage Product Popularity Pie Chart

Age Demographics for Windsor Mortgage Applicants

Average age: 36
Oldest age: 76
Youngest age: 20


Incomes for Windsor Mortgage Applicants

The amounts shown below represent the average income of applicants living in Windsor who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Windsor: $55,787.46
applicants within all of Canada: $56,384.30
Difference: ($596.84)
  
mortgage co-applicants in Windsor: $38,673.19
co-applicants within all of Canada: $39,375.53
Difference: ($702.34)

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

Residential Status for Windsor Based Mortgages

The following table represents the residential status of people living in Windsor who have submitted a mortgage inquiry using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 44.1%
Own: 43.8%
Other: 1.8%
No Comment: 4.3%
Live with parents: 6.0%
Windsor Residential Status Pie Chart

Marital Statistics for Windsor Based Mortgages

The pie chart below represents the marital status of applicants from Windsor, Ontario using the mortgage application found at the CanEquity web site. In Windsor, 63% of the mortgage applicants are living together with someone, while only 35% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 55.5%
Single: 26.7%
Common-law: 8.2%
Separated: 5.7%
Divorced: 2.8%
Widowed: 1.1%
Windsor Marital Status Pie Chart