Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Windsor: Wednesday, September 8, 2010   
CanEquity Mortgage and Insurance Canada
Canadian Mortgage Rates,
Calculators, News & Insurance
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Belle River
Comber
Emeryville
Essex
Kingsville
Lasalle
Maidstone
Mcgregor
South Woodslee
Tecumseh

Windsor Mortgages

Ontario Mortgage Statistics, Graphs and Charts

Map of Windsor requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Originating from Windsor

Year Year to Year
Comparison
** National
Contribution
2010: * 9.04% * 0.07%
2009: 10.37% 0.09%
2008: 10.90% 0.09%
2007: 14.36% 0.12%
2006: 11.17% 0.09%
2005: 14.10% 0.12%
2004: 15.43% 0.13%
2003: 9.84% 0.08%
2002: 4.79% 0.04%

Note: * These values are the percentages up to Wednesday, September 8, 2010. Estimated volume targets for the entire 2010 year are 11.97% and 0.10% respectively. ** Total national contribution of Windsor mortgages in the past is currently 0.82% with a projected target of 0.85%.

Monthly Volume History for Mortgage Inquiries from Windsor

This graph illustrates CanEquity's individual monthly volume history for Internet mortgage applications originating from Windsor, ON.


Monthly Volume Report for Windsor Mortgages

Busy Months for Mortgages Originating within Windsor

This graph represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Windsor occur during our first quarter (represented by the brown bars) with 30.85% while our slowest is the fourth quarter (represented by the red bars) with 15.69%.

RankMonth Percentage
of Inquiries
1: March: 11.4%
2: February: 11.2%
3: April: 10.6%
4: July: 9.3%
5: August: 9.3%
6: May: 8.5%
7: June: 8.5%
8: January: 8.2%
9: September: 7.2%
10: October: 6.7%
11: November: 5.0%
12: December: 4.0%
Busy Months Report for Windsor Mortgages

Busy Days for Mortgage Inquiries within Windsor

The bar graph below shows the busy days for Internet mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Windsor, the day with the most volume, having more than 18.35% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 9.04% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 18.4%
2: Wednesday: 17.6%
3: Monday: 17.0%
4: Friday: 14.6%
5: Thursday: 13.8%
6: Sunday: 9.6%
7: Saturday: 9.0%
Busy Days Report for Windsor Mortgages

Peak Hours for Mortgages within Windsor

In Windsor, mortgages are received 24 hours a day from the CanEquity web site. The graph shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 33.0% of all mortgages are received before noon, while 65.2% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 0.5%
01:00 to 01:59: 1.1%
02:00 to 02:59: 0.3%
03:00 to 03:59: 0.3%
04:00 to 04:59: 0.3%
05:00 to 05:59: 1.6%
06:00 to 06:59: 2.1%
07:00 to 07:59: 4.0%
08:00 to 08:59: 6.1%
09:00 to 09:59: 5.9%
10:00 to 10:59: 6.4%
11:00 to 11:59: 6.4%
12:00 to 12:59: 9.0%
13:00 to 13:59: 6.4%
14:00 to 14:59: 6.1%
15:00 to 15:59: 5.9%
16:00 to 16:59: 6.4%
17:00 to 17:59: 5.6%
18:00 to 18:59: 6.9%
19:00 to 19:59: 6.1%
20:00 to 20:59: 5.1%
21:00 to 21:59: 4.3%
22:00 to 22:59: 1.9%
23:00 to 23:59: 1.6%
Peak Hours Graph for Mortgages in Windsor

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.20%
British Columbia: 10.79%
Manitoba: 2.11%
New Brunswick: 2.19%
Newfoundland and Labrador: 1.17%
Nova Scotia: 3.03%
Northwest Territories: 0.32%
Nunavut: 0.09%
Ontario 48.60%
Prince Edward Island: 0.47%
Quebec: 4.12%
Saskatchewan: 5.02%
Yukon Territories: 0.29%
Windsor Mortgages

Current City Standing within Ontario


Location Contribution
005:  LONDON, ON 1.562%
006:  HAMILTON, ON 1.507%
007:  KITCHENER, ON 1.046%
008:  SCARBOROUGH, ON 0.904%
009:  BARRIE, ON 0.840%
010:  WINDSOR, ON 0.825%
011:  BURLINGTON, ON 0.814%
012:  OAKVILLE, ON 0.698%
013:  OSHAWA, ON 0.643%
014:  CAMBRIDGE, ON 0.630%
015:  GUELPH, ON 0.612%

Nearest Settlements


1Essex, Ontario
2Tecumseh, Ontario
3South Woodslee, Ontario
4Emeryville, Ontario
5Mcgregor, Ontario
6Maidstone, Ontario
7Lasalle, Ontario
8Belle River, Ontario
9Kingsville, Ontario
10Comber, Ontario
11Amherstburg, Ontario
12Cottam, Ontario
13Leamington, Ontario
14Ruthven, Ontario
15Harrow, Ontario
16Tilbury, Ontario
17Wheatley, Ontario
18Merlin, Ontario


Product Popularity for Windsor


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 25.5%
First-time Buyer: 20.5%
Refinance: 15.2%
No Money Down: 13.3%
Renewal: 10.9%
Purchase: 8.2%
Variable Rate: 2.4%
Commercial: 1.1%
Other: 3%
 
Total Application Types Found: 15
 Windsor Mortgage Product Popularity Pie Chart

Age Demographics for Windsor Mortgages

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


Incomes for Windsor Mortgages

The information below represents the average income of applicants living in Windsor who have submitted a mortgage inquiry using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Windsor: $56,218.43
applicants within all of Canada: $58,945.88
Difference: ($2,727.45)
  
mortgage co-applicants in Windsor: $41,251.53
co-applicants within all of Canada: $41,522.27
Difference: ($270.74)

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

Residential Status for Windsor Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Windsor who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 43.1%
Own: 46.0%
Other: 1.6%
No Comment: 3.2%
Live with parents: 6.1%
Windsor Residential Status Pie Chart

Marital Status for Windsor Mortgage Applicants

The following table and pie chart represents the marital status of applicants from Windsor, Ontario using the mortgage application located at the CanEquity web site. In Windsor, 60% of the mortgage applicants are living common-law or married, while only 38% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 51.3%
Single: 30.3%
Common-law: 9.3%
Separated: 5.9%
Divorced: 2.4%
Widowed: 0.8%
Windsor Marital Status Pie Chart