Variable closed:	1.85%
1 year closed:	1.99%
3 year closed:	1.99%
5 year closed:	2.04%
10 year closed:	3.19%

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Elmira Mortgage Information

Average Mortgage Loan in Elmira: $168,738

Peak Hours for Mortgage Applicants within Elmira

In Elmira, mortgage applications are received 24 hours a day on the Mortgage Super Brokers web site. The statistics shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years. Only 45.8% of all mortgages are received during the morning, while 54.2% arrive in the afternoon.

Peak Hours Graph for Mortgages in Elmira

Time	Period (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:	4.2%
4AM	04:00 to 04:59:	0%
5AM	05:00 to 05:59:	0%
6AM	06:00 to 06:59:	4.2%
7AM	07:00 to 07:59:	4.2%
8AM	08:00 to 08:59:	4.2%
9AM	09:00 to 09:59:	4.2%
10AM	10:00 to 10:59:	12.5%
11AM	11:00 to 11:59:	12.5%

Time	Period (24 Hour)	Percentage of Applications
Lunch	12:00 to 12:59:	4.2%
1PM	13:00 to 13:59:	4.2%
2PM	14:00 to 14:59:	0%
3PM	15:00 to 15:59:	4.2%
4PM	16:00 to 16:59:	16.7%
5PM	17:00 to 17:59:	4.2%
6PM	18:00 to 18:59:	4.2%
7PM	19:00 to 19:59:	12.5%
8PM	20:00 to 20:59:	0%
9PM	21:00 to 21:59:	4.2%
10PM	22:00 to 22:59:	0%
11PM	23:00 to 23:59:	0%

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 Elmira Ranks in Ontario for Mortgage Business

The following table lists how Elmira 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
145	NIAGARA ON THE LAKE, ON	0.045%
146	ARNPRIOR, ON	0.045%
147	BORDEN, ON	0.045%
148	PEFFERLAW, ON	0.043%
149	ST MARYS, ON	0.043%
150	ELMIRA, ON	0.041%
151	PENETANGUISHENE, ON	0.041%
152	LISTOWEL, ON	0.041%
153	SHELBURNE, ON	0.041%
154	WALKERTON, ON	0.040%
155	ALMONTE, ON	0.040%

Types of Mortgage Inquiries Received from Elmira

Type of Mortgage Application Form Selected		Percentage of Inquiries
New Home Purchase:		29.2%
First-time Home Buyer:		20.8%
Mortgage Pre-approval:		16.7%
No Money Down Mortgage (discontinued):		12.5%
Mortgage Renewal:		8.3%
Refinance / Debt Consolidation:		8.3%
Commercial:		4.2%

Total Application Types Found: 7

Age Demographics for Elmira Applicants

Average age: 37
Oldest age: 63
Youngest age: 23

Incomes for Elmira Applicants

The following figures show the average income of applicants living in Elmira who have submitted a mortgage inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Elmira:	$59,295.45
applicants within all of Canada:	$60,852.54
Difference:	($1,557.09)

mortgage co-applicants in Elmira:	$28,925.00
co-applicants within all of Canada:	$43,965.51
Difference:	($15,040.51)

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

Nearest Settlements

1	Wellesley, Ontario
2	Waterloo, Ontario
3	Millbank, Ontario
4	Fergus, Ontario
5	Erin, Ontario
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7	Moorefield, Ontario
8	Drayton, Ontario
9	Listowel, Ontario
10	Milton, Ontario
11	Troy, Ontario
12	Harriston, Ontario
13	New Dundee, Ontario
14	Elora, Ontario
15	Alton, Ontario
16	Kitchener, Ontario
17	Hillsburgh, Ontario
18	Acton, Ontario
19	Cambridge, Ontario
20	Halton Hills, Ontario
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23	Hornby, Ontario
24	Concord, Ontario
25	Centre Wellington, Ontario
26	Puslinch, Ontario
27	Shakespeare, Ontario
28	Mount Forest, Ontario
29	Campbellville, Ontario
30	Cheltenham, Ontario
31	Georgetown, Ontario
32	Millgrove, Ontario
33	Palmerston, Ontario

34	Schomberg, Ontario
35	Palgrave, Ontario
36	Ayr, Ontario
37	Milverton, Ontario
38	Carlisle, Ontario
39	Arthur, Ontario
40	Orangeville, Ontario
41	Stratford, Ontario
42	Brampton, Ontario
43	Rockwood, Ontario
44	Terra Cotta, Ontario
45	Kleinburg, Ontario
46	Hanover, Ontario
47	Princeton, Ontario
48	Woodbridge, Ontario
49	Lynden, Ontario
50	Caledon, Ontario
51	St George, Ontario
52	New Hamburg, Ontario
53	Willowdale, Ontario
54	Baden, Ontario
55	Freelton, Ontario
56	Copetown, Ontario
57	Mildmay, Ontario
58	Mitchell, Ontario
59	Etobicoke, Ontario
60	Tavistock, Ontario
61	Maple, Ontario
62	Kilbride, Ontario
63	Waterdown, Ontario
64	Grand Valley, Ontario
65	Vaughan, Ontario
66	Richmond Hill, Ontario