Pickering Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | 11.32% | 0.04% |
| 2007: | 14.15% | 0.04% |
| 2006: | 25.47% | 0.08% |
| 2005: | 18.87% | 0.06% |
| 2004: | 10.38% | 0.03% |
| 2003: | 11.32% | 0.04% |
| 2002: | 8.49% | 0.03% |
The following represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Pickering happen to occur during our first quarter (represented by the brown bars) with 29.25% while our slowest is the fourth quarter (represented by the red bars) with 20.75%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 12.3% | |
| 2: | May: | 9.4% | |
| 3: | October: | 9.4% | |
| 4: | June: | 9.4% | |
| 5: | September: | 9.4% | |
| 6: | January: | 8.5% | |
| 7: | February: | 8.5% | |
| 8: | August: | 8.5% | |
| 9: | December: | 6.6% | |
| 10: | April: | 6.6% | |
| 11: | July: | 6.6% | |
| 12: | November: | 4.7% |
The data below shows the busy days for online inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Pickering the most busy day of the week, with 18.87% of all applications, is Wednesday. In comparison, Saturday's are the slowest day with only 8.49% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 18.9% | |
| 2: | Monday: | 17.0% | |
| 3: | Tuesday: | 16.0% | |
| 4: | Friday: | 14.2% | |
| 5: | Sunday: | 13.2% | |
| 6: | Thursday: | 12.3% | |
| 7: | Saturday: | 8.5% |
In Pickering, mortgage applications are received 24 hours a day from the CanEquity web site. The information 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 |
|---|---|
| 03:00 to 03:59: | 0.9% |
| 04:00 to 04:59: | 0.9% |
| 05:00 to 05:59: | 0.9% |
| 06:00 to 06:59: | 1.9% |
| 07:00 to 07:59: | 2.8% |
| 08:00 to 08:59: | 10.4% |
| 09:00 to 09:59: | 14.2% |
| 10:00 to 10:59: | 8.5% |
| 11:00 to 11:59: | 10.4% |
| 12:00 to 12:59: | 6.6% |
| 13:00 to 13:59: | 6.6% |
| 14:00 to 14:59: | 2.8% |
| 15:00 to 15:59: | 9.4% |
| 16:00 to 16:59: | 8.5% |
| 17:00 to 17:59: | 2.8% |
| 18:00 to 18:59: | 6.6% |
| 19:00 to 19:59: | 1.9% |
| 20:00 to 20:59: | 0.9% |
| 21:00 to 21:59: | 0.9% |
| 22:00 to 22:59: | 0.9% |
| 23:00 to 23:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.07% |
| British Columbia: | 11.19% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.03% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.90% |
| Prince Edward Island: | 0.37% |
| Quebec: | 3.77% |
| Saskatchewan: | 5.43% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 026: | PETERBOROUGH, ON | 0.373% |
| 027: | NIAGARA FALLS, ON | 0.370% |
| 028: | SAULT STE MARIE, ON | 0.367% |
| 029: | SUDBURY, ON | 0.338% |
| 030: | WATERLOO, ON | 0.338% |
| 031: | PICKERING, ON | 0.317% |
| 032: | NEWMARKET, ON | 0.311% |
| 033: | NEPEAN, ON | 0.305% |
| 034: | WELLAND, ON | 0.281% |
| 035: | SARNIA, ON | 0.278% |
| 036: | CORNWALL, ON | 0.275% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 26.4% | |
| Qualification: | 20.8% | |
| No Money Down: | 11.3% | |
| Renewal: | 11.3% | |
| Purchase: | 11.3% | |
| First-time Buyer: | 10.4% | |
| Variable Rate: | 2.8% | |
| Pre-approval: | 1.9% | |
| Low Doc: | 0.9% | |
| Second Mortgage: | 0.9% | |
| Investment: | 0.9% | |
| Home Renovation: | 0.9% | |
| Total Application Types Found: 12 | ||
Average age: 38
Oldest age: 62
Youngest age: 21
The following depicts the average income of Canadians living in Pickering who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Pickering: | $62,873.79 |
| applicants within all of Canada: | $57,078.54 |
| Difference: | $5,795.25 |
| mortgage co-applicants in Pickering: | $52,612.49 |
| co-applicants within all of Canada: | $39,876.13 |
| Difference: | $12,736.36 |
The following table represents the residential status of people living in Pickering who have submitted an inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 23.6% | |
| Own: | 63.2% | |
| Other: | 1.9% | |
| No Comment: | 4.7% | |
| Live with parents: | 6.6% |
The pie chart below represents the marital status of applicants from Pickering, Ontario using the preapproval application located at the CanEquity web site. In Pickering, approximately 65% of the mortgage applicants are either married or living common-law, while only 33% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.5% | |
| Single: | 20.8% | |
| Separated: | 10.4% | |
| Common-law: | 7.5% | |
| Divorced: | 2.8% | |
| Widowed: | 0.9% |
