Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Busy Months for Mortgage Applications within Fort Erie

The following shows the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Fort Erie seem to occur during our first quarter (represented by the brown bars) with 31.25% while our slowest is the fourth quarter (represented by the red bars) with 20.31%.

Busy Months Report for Fort Erie Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 February: 14.1%
2 June: 14.1%
3 March: 12.5%
4 September: 12.5%
5 August: 9.4%
6 November: 7.8%
RankMonth Percentage of Applications
7 October: 7.8%
8 January: 4.7%
9 April: 4.7%
10 December: 4.7%
11 July: 4.7%
12 May: 3.1%

Busy Days for Mortgages Originating within Fort Erie

The bar graph listed below compares the busy days for online mortgage applications that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Fort Erie, the day with the most volume, generating 25.00% of all inquiries, is Monday. In comparison, Thursday's are the slowest day with only 7.81% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 25.0%
2: Tuesday: 18.8%
3: Wednesday: 15.6%
4: Friday: 12.5%
5: Saturday: 12.5%
6: Sunday: 7.8%
7: Thursday: 7.8%
Busy Days Report for Fort Erie Mortgages

Peak Hours for Originated Mortgages within Fort Erie

In Fort Erie, applications are received 24 hours a day via the Super Brokers web site. The following indicates the peak hours in the day. The data is taken from all days of all years. Only 35.9% of all mortgages are received before noon, while 64.1% arrive in the afternoon.


Peak Hours Graph for Mortgages in Fort Erie
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: 0%
6AM 06:00 to 06:59: 6.3%
7AM 07:00 to 07:59: 1.6%
8AM 08:00 to 08:59: 3.1%
9AM 09:00 to 09:59: 6.3%
10AM 10:00 to 10:59: 9.4%
11AM 11:00 to 11:59: 9.4%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.3%
1PM 13:00 to 13:59: 6.3%
2PM 14:00 to 14:59: 4.7%
3PM 15:00 to 15:59: 7.8%
4PM 16:00 to 16:59: 4.7%
5PM 17:00 to 17:59: 4.7%
6PM 18:00 to 18:59: 6.3%
7PM 19:00 to 19:59: 7.8%
8PM 20:00 to 20:59: 4.7%
9PM 21:00 to 21:59: 6.3%
10PM 22:00 to 22:59: 3.1%
11PM 23:00 to 23:59: 1.6%

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 21.15%
British Columbia: 10.37%
Manitoba: 1.99%
New Brunswick: 2.51%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.28%
Prince Edward Island: 0.50%
Quebec: 3.94%
Saskatchewan: 5.06%
Yukon: 0.47%

Current City Standing within Ontario

RankLocation Contribution
63:OWEN SOUND, ON 0.123%
64:STRATHROY, ON 0.121%
65:BRADFORD, ON 0.120%
66:GRIMSBY, ON 0.113%
67:PETAWAWA, ON 0.113%
68:FORT ERIE, ON 0.111%
69:TILLSONBURG, ON 0.108%
70:INNISFIL, ON 0.104%
71:ANCASTER, ON 0.102%
72:COURTICE, ON 0.102%
73:ALLISTON, ON 0.101%


Age Demographics for Fort Erie Mortgage Applicants

Average age: 37
Oldest age: 64
Youngest age: 22


Incomes for Fort Erie Mortgage Applicants

The following depicts the average income of Canadians living in Fort Erie who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Fort Erie: $48,672.13
applicants within all of Canada: $60,836.57
Difference: ($12,164.44)
  
mortgage co-applicants in Fort Erie: $40,255.53
co-applicants within all of Canada: $44,026.21
Difference: ($3,770.68)

Note: Commercial Mortgage loans were not included for this section, only residential loans amounts from Fort Erie, Ontario were used.

Mortgage Calculator
How does an adjustment in the size of your down payment change how much you'll end up paying for your new home? The difference can be staggering. Use our mortgage calculator and see how a simple change can save you tens of thousands of dollars.
Mortgage Calculator
 
Mortgage Rates Chart
Your money goes a lot further when you pay your home off with low interest rate. Make sure your mortgage isn't weighing you down with high rates and ridiculous payments. View our mortgage rates chart to find the best interest rates in Canada.
Mortgage Rates Chart
 
Best Residential Mortgage Rates
With our low residential mortgage rates, even the best home on your list is easily within your budget. Pay less in interest and increase your principal price range. Apply now!
Best Rates