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Grand Falls-Windsor Mortgage Information

Average Mortgage Loan in Grand Falls-Windsor: $107,296

Busy Days for Mortgages Received within Grand Falls-Windsor

The information below compares the busy days for Internet mortgage applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Grand Falls-Windsor the busiest day, with approximately 31.03% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 6.90% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 31.0%
2 Monday: 17.2%
3 Thursday: 17.2%
4 Friday: 10.3%
5 Sunday: 10.3%
6 Wednesday: 6.9%
7 Saturday: 6.9%
Busy Days Report for Grand Falls-Windsor Mortgages

Peak Hours for Mortgage Applicants within Grand Falls-Windsor

In Grand Falls-Windsor, inquiries are received 24 hours a day on the Super Brokers web site. The information shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Grand Falls-Windsor
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 3.4%
6AM 06:00 to 06:59: 3.4%
7AM 07:00 to 07:59: 3.4%
8AM 08:00 to 08:59: 17.2%
9AM 09:00 to 09:59: 6.9%
10AM 10:00 to 10:59: 0%
11AM 11:00 to 11:59: 6.9%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 10.3%
1PM 13:00 to 13:59: 6.9%
2PM 14:00 to 14:59: 0%
3PM 15:00 to 15:59: 13.8%
4PM 16:00 to 16:59: 10.3%
5PM 17:00 to 17:59: 6.9%
6PM 18:00 to 18:59: 3.4%
7PM 19:00 to 19:59: 6.9%
8PM 20:00 to 20:59: 0%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

Newfoundland and Labrador Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
Yukon: 0.47%

How Grand Falls-Windsor Ranks in Newfoundland and Labrador for Mortgage Business

The following table lists how Grand Falls-Windsor ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
1ST JOHN'S, NL 0.289%
2CORNER BROOK, NL 0.121%
3MOUNT PEARL, NL 0.088%
4PARADISE, NL 0.052%
5GRAND FALLS-WINDSOR, NL 0.050%
6CONCEPTION BAY SOUTH, NL 0.048%
7GANDER, NL 0.035%
8PORTUGAL COVE-ST PHILIPS, NL 0.033%
9HAPPY VALLEY-GOOSE BAY, NL 0.022%
10LABRADOR CITY, NL 0.022%

Types of Mortgage Inquiries Received from Grand Falls-Windsor


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 31.0%
Refinance / Debt Consolidation: 24.1%
New Home Purchase: 13.8%
No Money Down Mortgage (discontinued): 10.3%
First-time Home Buyer: 10.3%
Other: 10.2%
 
Total Application Types Found: 8

Age Demographics for Grand Falls-Windsor Mortgage Applicants

Average age: 41
Oldest age: 64
Youngest age: 24


Incomes for Grand Falls-Windsor Mortgage Applicants

The following figures show the average income of applicants living in Grand Falls-Windsor who have applied for a loan using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Grand Falls-Windsor: $41,673.03
applicants within all of Canada: $60,852.54
Difference: ($19,179.51)
  
mortgage co-applicants in Grand Falls-Windsor: $32,670.73
co-applicants within all of Canada: $43,965.51
Difference: ($11,294.78)

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


Last mortgage report update for Grand Falls-Windsor: Friday, July 1, 2016
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