Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Sherbrooke: Wednesday, February 8, 2012   
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Carignan
Cookshire
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Saint-Basile-Le-Grand
Vaudreuil-Dorion
Vaudreuil
Windsor

Sherbrooke Mortgages

Quebec Mortgage Statistics, Graphs and Charts

Map of Sherbrooke requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Online Applications from Sherbrooke

Year Year to Year
Comparison
** National
Contribution
2011: 7.69% 0.00%
2010: 19.23% 0.01%
2009: 30.77% 0.01%
2008: 15.39% 0.01%
2007: 11.54% 0.01%
2005: 7.69% 0.00%
2004: 7.69% 0.00%

Note: ** Total national contribution of Sherbrooke mortgages in the past is currently 0.05% with a projected target of 0.05%.

Busy Days for Online Applications within Sherbrooke

The graph below shows the busy days for online inquiries that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Sherbrooke the busiest day, with approximately 19.23% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 7.69% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Wednesday: 19.2%
2: Thursday: 19.2%
3: Tuesday: 15.4%
4: Saturday: 15.4%
5: Monday: 11.5%
6: Friday: 11.5%
7: Sunday: 7.7%
Busy Days Report for Sherbrooke Mortgages

Peak Hours for Mortgages within Sherbrooke

Sherbrooke mortgage applications are received 24 hours a day via the CanEquity web site. The information shown below represents the peak hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
04:00 to 04:59: 3.8%
08:00 to 08:59: 3.8%
09:00 to 09:59: 7.7%
11:00 to 11:59: 7.7%
12:00 to 12:59: 3.8%
13:00 to 13:59: 15.4%
14:00 to 14:59: 3.8%
15:00 to 15:59: 15.4%
16:00 to 16:59: 7.7%
17:00 to 17:59: 11.5%
18:00 to 18:59: 7.7%
19:00 to 19:59: 3.8%
21:00 to 21:59: 3.8%
22:00 to 22:59: 3.8%
Peak Hours Graph for Mortgages in Sherbrooke

Note: Only hours that have had mortgages from Sherbrooke, Quebec are shown.

Quebec Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia: 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario: 48.07%
Prince Edward Island: 0.53%
Quebec 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Sherbrooke Mortgages

Current City Standing within Quebec


Location Contribution
008:  QUEBEC CITY, QC 0.072%
009:  SAINT-LAURENT, QC 0.070%
010:  LONGUEUIL, QC 0.062%
011:  POINTE-CLAIRE, QC 0.059%
012:  VERDUN, QC 0.053%
013:  SHERBROOKE, QC 0.049%
014:  CHATEAUGUAY, QC 0.045%
015:  SAINT-LEONARD, QC 0.043%
016:  LACHINE, QC 0.038%
017:  KIRKLAND, QC 0.036%
018:  AYLMER, QC 0.034%

Nearest Settlements


1Cookshire, Quebec
2Windsor, Quebec
3North Hatley, Quebec
4Vaudreuil, Quebec
5Carignan, Quebec
6Vaudreuil-Dorion, Quebec
7Saint-Basile-Le-Grand, Quebec


Product Popularity for Sherbrooke


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 19.2%
No Money Down: 19.2%
Pre-approval: 19.2%
First-time Buyer: 19.2%
Renewal: 7.7%
Refinance: 7.7%
Fixed Rate: 3.8%
Equity Mortgage: 3.8%
 
Total Application Types Found: 8
 Sherbrooke Mortgage Product Popularity Pie Chart

Age Demographics for Sherbrooke Mortgage Applicants

Average age: 37
Oldest age: 58
Youngest age: 23


Incomes for Sherbrooke Mortgage Applicants

The information below represents the average income of applicants living in Sherbrooke who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Sherbrooke: $54,323.48
applicants within all of Canada: $59,498.47
Difference: ($5,174.99)
  
mortgage co-applicants in Sherbrooke: $27,601.00
co-applicants within all of Canada: $42,403.13
Difference: ($14,802.13)

Note: Commercial loan amounts were not included for this report, only residential mortgage loan amounts from Sherbrooke, Quebec were used.

Residential Status for Sherbrooke Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Sherbrooke who have applied for a home loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 57.7%
Own: 42.3%
Sherbrooke Residential Status Pie Chart

Marital Stats for Sherbrooke Mortgage Applicants

The pie chart below represents the marital status of applicants from Sherbrooke, Quebec using the mortgage application found on canequity.com. In Sherbrooke, approximately 69% of the mortgage applicants are either married or living common-law, while only 30% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.2%
Single: 26.9%
Common-law: 23.1%
Divorced: 3.8%
Sherbrooke Marital Status Pie Chart