Cornwall Mortgages

Variable closed:	1.65%
1 year closed:	1.64%
3 year closed:	1.59%
5 year closed:	1.69%
10 year closed:	2.84%

Busy Months for Mortgages within Cornwall

The graph below displays the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Cornwall happen to occur during our first quarter (represented by the brown bars) with 27.78% while our slowest is the fourth quarter (represented by the red bars) with 18.52%.

Busy Months Report for Cornwall Mortgages

Rankings for Busy Mortgage Months

Rank	Month	Percentage of Applications
1	July:	12.4%
2	April:	11.7%
3	January:	10.5%
4	March:	9.3%
5	June:	9.3%
6	August:	8.6%

Rank	Month	Percentage of Applications
7	November:	8.0%
8	February:	8.0%
9	October:	7.4%
10	May:	6.2%
11	September:	5.6%
12	December:	3.1%

Busy Days for Applications within Cornwall

The bar graph listed below compares the busy days for mortgage inquiries that were received by Super Brokers' web site. Each day is a representation of the combined 6-year total of all instances of that day. In Cornwall, the day with the most volume, generating 26.54% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 8.02% of all inquiries.

Rank	Day of the Week	Percentage of Applications
1	Monday:	26.5%
2	Tuesday:	19.8%
3	Wednesday:	15.4%
4	Thursday:	13.6%
5	Sunday:	8.6%
6	Friday:	8.0%
7	Saturday:	8.0%

Peak Hours for Mortgages within Cornwall

Mortgage applications are received 24 hours a day from the Super Brokers web site. The graph shown below indicates the rush hours in the day. The data is taken from all days of all years.

Peak Hours Graph for Mortgages in Cornwall

Time	Period (24 Hour)	Percentage of Applications
12AM	00:00 to 00:59:	0.6%
1AM	01:00 to 01:59:	0%
2AM	02:00 to 02:59:	0.6%
3AM	03:00 to 03:59:	0.6%
4AM	04:00 to 04:59:	1.2%
5AM	05:00 to 05:59:	1.2%
6AM	06:00 to 06:59:	1.9%
7AM	07:00 to 07:59:	3.1%
8AM	08:00 to 08:59:	6.8%
9AM	09:00 to 09:59:	8.0%
10AM	10:00 to 10:59:	11.1%
11AM	11:00 to 11:59:	7.4%

Time	Period (24 Hour)	Percentage of Applications
Lunch	12:00 to 12:59:	8.0%
1PM	13:00 to 13:59:	6.2%
2PM	14:00 to 14:59:	6.2%
3PM	15:00 to 15:59:	4.3%
4PM	16:00 to 16:59:	3.7%
5PM	17:00 to 17:59:	4.3%
6PM	18:00 to 18:59:	6.2%
7PM	19:00 to 19:59:	8.6%
8PM	20:00 to 20:59:	4.3%
9PM	21:00 to 21:59:	3.7%
10PM	22:00 to 22:59:	1.2%
11PM	23:00 to 23:59:	0.6%

Ontario 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 Cornwall Ranks in Ontario for Mortgage Business

The following table lists how Cornwall 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.

Rank	Location	Contribution
29	WHITBY, ON	0.375%
30	NIAGARA FALLS, ON	0.323%
31	PICKERING, ON	0.313%
32	NEWMARKET, ON	0.309%
33	NEPEAN, ON	0.308%
34	CORNWALL, ON	0.280%
35	TIMMINS, ON	0.268%
36	MILTON, ON	0.259%
37	KANATA, ON	0.259%
38	WOODSTOCK, ON	0.254%
39	SARNIA, ON	0.252%

Types of Mortgage Inquiries Received from Cornwall

Type of Mortgage Application Form Selected		Percentage of Inquiries
No Money Down Mortgage (discontinued):		22.2%
First-time Home Buyer:		20.4%
Mortgage Pre-approval:		18.5%
New Home Purchase:		15.4%
Refinance / Debt Consolidation:		12.3%
Mortgage Renewal:		4.9%
Other:		6.1%

Total Application Types Found: 11

Age Demographics for Cornwall Based Mortgages

Average age: 35
Oldest age: 78
Youngest age: 19

Incomes for Cornwall Based Mortgages

The following figures show the average income of people living in Cornwall who have applied for a loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Cornwall:	$46,391.51
applicants within all of Canada:	$60,852.54
Difference:	($14,461.03)

mortgage co-applicants in Cornwall:	$29,077.10
co-applicants within all of Canada:	$43,965.51
Difference:	($14,888.41)

Note: Commercial loans were not included for this section, only residential mortgages from Cornwall, Ontario were used.

Nearest Settlements

1	Summerstown, Ontario
2	Long Sault, Ontario
3	Lancaster, Ontario
4	Bainsville, Ontario
5	Maxville, Ontario
6	Ingleside, Ontario
7	Morrisburg, Ontario
8	Lunenburg, Ontario
9	Iroquois, Ontario
10	Chesterville, Ontario
11	Williamstown, Ontario
12	St Isidore, Ontario
13	Martintown, Ontario
14	Moose Creek, Ontario

15	Lyn, Ontario
16	Cardinal, Ontario
17	North Augusta, Ontario
18	Hammond, Ontario
19	Spencerville, Ontario
20	Dalkeith, Ontario
21	Green Valley, Ontario
22	Casselman, Ontario
23	Prescott, Ontario
24	Brockville, Ontario
25	Athens, Ontario
26	Apple Hill, Ontario
27	Crysler, Ontario
28	Mallorytown, Ontario

Mortgage Product Type		Inquiries
Mortgage Pre-approval		22.95%
Refinance/Consolidate Debt		21.31%
No Money Down discontinued		14.75%
Mortgage Renewal		14.75%
Low Doc		6.56%
New Purchase		6.56%
Other		13.12%

Cornwall Mortgage Information