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CanEquity
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Monthly Volume History of Mortgage Applications from Ontario

The following bar graph illustrates CanEquity's individual monthly volume history for Internet mortgage applications sent from Ontario.


Monthly Volume Report for Ontario Mortgages

Busy Months for Mortgages in Ontario

This graph shows the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our first quarter (represented by the brown bars) with 30.63% while our slowest is the fourth quarter (represented by the red bars) with 18.45%.

Busy Months Report for Ontario Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 11.0%
2 January: 10.1%
3 April: 9.9%
4 February: 9.6%
5 May: 9.3%
6 June: 8.2%
RankMonth Percentage of Applications
7 July: 8.2%
8 August: 7.9%
9 September: 7.5%
10 October: 7.3%
11 November: 6.4%
12 December: 4.7%

Busy Days for Mortgages in Ontario

The graph below plots the busy days for Internet mortgage applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Ontario the most busy day of the week, with 18.11% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 9.37% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 18.1%
2: Tuesday: 17.9%
3: Wednesday: 16.6%
4: Thursday: 14.7%
5: Friday: 12.1%
6: Sunday: 11.1%
7: Saturday: 9.4%
Busy Days Report for Ontario Mortgages

Peak Hours for Ontario Mortgage Applications

Applications are received 24 hours a day from our web site. The information shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Ontario
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.7%
1AM 01:00 to 01:59: 0.4%
2AM 02:00 to 02:59: 0.3%
3AM 03:00 to 03:59: 0.4%
4AM 04:00 to 04:59: 0.7%
5AM 05:00 to 05:59: 1.5%
6AM 06:00 to 06:59: 3.0%
7AM 07:00 to 07:59: 4.9%
8AM 08:00 to 08:59: 6.5%
9AM 09:00 to 09:59: 7.2%
10AM 10:00 to 10:59: 7.4%
11AM 11:00 to 11:59: 7.2%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.2%
1PM 13:00 to 13:59: 6.8%
2PM 14:00 to 14:59: 6.5%
3PM 15:00 to 15:59: 5.3%
4PM 16:00 to 16:59: 5.0%
5PM 17:00 to 17:59: 5.4%
6PM 18:00 to 18:59: 6.0%
7PM 19:00 to 19:59: 5.6%
8PM 20:00 to 20:59: 5.0%
9PM 21:00 to 21:59: 3.5%
10PM 22:00 to 22:59: 2.1%
11PM 23:00 to 23:59: 1.2%

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage in Comparison
Alberta: 43.2%
British Columbia: 21.7%
Manitoba: 4.1%
New Brunswick: 5.3%
Newfoundland and Labrador: 2.7%
Nova Scotia: 6.9%
Northwest Territories: 1.0%
Nunavut: 0.2%
Ontario: 100.0%
Prince Edward Island: 1.1%
Quebec: 8.3%
Saskatchewan: 10.4%
Yukon: 1.0%

Top Producing Cities / Towns for Mortgages in Ontario

Rank City or Town within
the province of Ontario		 Percentage
of Inquiries		 Avg
Age		 Average
Income		 Average
Co-Income		 Average
Loan
1:TORONTO, ON 9.262% 38 $73,304 $53,352 $270,174
2:MISSISSAUGA, ON 5.017% 39 $65,812 $45,280 $237,661
3:OTTAWA, ON 4.462% 37 $65,073 $48,609 $212,959
4:LONDON, ON 3.151% 37 $54,302 $41,199 $161,537
5:BRAMPTON, ON 3.114% 38 $57,156 $41,315 $208,378
6:HAMILTON, ON 3.076% 37 $51,985 $37,970 $156,041
7:KITCHENER, ON 2.169% 37 $56,630 $45,539 $183,444
8:SCARBOROUGH, ON 1.795% 38 $55,835 $41,129 $236,171
9:WINDSOR, ON 1.660% 36 $56,641 $41,634 $133,643
10:BARRIE, ON 1.634% 36 $55,617 $37,650 $175,170
11:BURLINGTON, ON 1.592% 39 $69,994 $46,360 $208,896
12:GUELPH, ON 1.469% 36 $57,358 $40,736 $204,858
13:OAKVILLE, ON 1.371% 41 $77,687 $49,248 $238,107
14:CAMBRIDGE, ON 1.338% 37 $56,535 $39,694 $181,969
15:OSHAWA, ON 1.308% 38 $55,160 $43,752 $157,214
16:ST CATHARINES, ON 1.139% 36 $52,121 $36,295 $154,008
17:ETOBICOKE, ON 1.102% 37 $57,035 $45,029 $239,495
18:NORTH YORK, ON 1.094% 38 $59,492 $50,934 $280,226
19:RICHMOND HILL, ON 1.072% 40 $73,326 $55,786 $230,163
20:BRANTFORD, ON 1.045% 36 $50,087 $33,022 $153,702
21:KINGSTON, ON 1.034% 38 $57,234 $45,693 $186,493
22:MARKHAM, ON 0.937% 37 $71,280 $51,967 $248,997
23:SAULT STE MARIE, ON 0.922% 36 $49,468 $41,636 $128,156
24:SUDBURY, ON 0.858% 37 $63,527 $38,850 $163,253
25:AJAX, ON 0.851% 39 $68,690 $43,689 $201,839
26:WATERLOO, ON 0.851% 37 $61,399 $41,562 $218,071
27:PETERBOROUGH, ON 0.847% 37 $51,486 $47,314 $157,068
28:THUNDER BAY, ON 0.798% 37 $54,162 $39,076 $113,661
29:WHITBY, ON 0.783% 38 $63,773 $53,685 $179,575
30:NIAGARA FALLS, ON 0.678% 36 $46,624 $40,061 $148,625
31:PICKERING, ON 0.663% 39 $65,295 $55,236 $181,616
32:NEPEAN, ON 0.659% 38 $59,275 $47,032 $197,306
33:NEWMARKET, ON 0.656% 38 $60,397 $52,398 $218,574
34:CORNWALL, ON 0.592% 35 $46,737 $28,818 $129,946
35:TIMMINS, ON 0.570% 35 $57,841 $37,971 $149,516
36:KANATA, ON 0.555% 40 $70,190 $54,882 $185,104
37:MILTON, ON 0.543% 36 $61,061 $48,098 $212,662
38:WOODSTOCK, ON 0.540% 38 $56,649 $44,814 $156,490
39:SARNIA, ON 0.532% 39 $50,102 $33,636 $124,020
40:BELLEVILLE, ON 0.525% 37 $48,708 $30,455 $155,357
41:THORNHILL, ON 0.525% 42 $83,345 $48,349 $270,374
42:ORLEANS, ON 0.521% 41 $63,541 $51,145 $179,630
43:WELLAND, ON 0.513% 39 $45,538 $36,378 $114,023
44:STONEY CREEK, ON 0.498% 40 $56,948 $45,285 $182,522
45:NORTH BAY, ON 0.498% 38 $48,835 $43,094 $146,567
46:WOODBRIDGE, ON 0.438% 36 $67,305 $52,468 $270,120
47:ORILLIA, ON 0.431% 37 $41,376 $34,184 $156,488
48:CHATHAM, ON 0.423% 36 $45,779 $35,099 $103,867
49:AURORA, ON 0.382% 39 $71,949 $56,562 $217,075
50:ST THOMAS, ON 0.378% 38 $49,843 $36,969 $143,310

Age Demographics for Ontario Mortgage Inquiries

Average age: 38
Oldest age: 89
Youngest age: 19


Incomes for Ontario Mortgage Inquiries

The amounts shown below represent the average income of applicants living in Ontario who have applied for a mortgage loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Ontario: $59,975.30
applicants within all of Canada: $60,490.19
Difference: ($514.89)
  
mortgage co-applicants in Ontario: $44,224.49
co-applicants within all of Canada: $43,700.44
Difference: $524.05

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

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Mortgage Statistics
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