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Kincardine Mortgage Information

Average Mortgage Loan in Kincardine: $178,738

Busy Days for Mortgage Applications within Kincardine

The graph listed below illustrates the busy days for online mortgage applications that were received by the Super Brokers web site. A combined total of all occurrences of each day are represented for the past 5 years. In Kincardine the busiest day, with approximately 24.14% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 6.90% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 24.1%
2 Friday: 24.1%
3 Tuesday: 13.8%
4 Sunday: 13.8%
5 Thursday: 10.3%
6 Wednesday: 6.9%
7 Saturday: 6.9%
Busy Days Report for Kincardine Mortgages

Peak Hours for Mortgages within Kincardine

Kincardine mortgage applications are received 24 hours a day from the Super Brokers web site. The graph shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years.


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

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 Kincardine Ranks in Ontario for Mortgage Business

The following table lists how Kincardine 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
127AYLMER, ON 0.054%
128KENORA, ON 0.052%
129VAUGHAN, ON 0.052%
130TOTTENHAM, ON 0.052%
131GRAVENHURST, ON 0.050%
132KINCARDINE, ON 0.050%
133KAPUSKASING, ON 0.048%
134CHELMSFORD, ON 0.048%
135GANANOQUE, ON 0.048%
136NEWCASTLE, ON 0.048%
137PRESCOTT, ON 0.048%

Types of Mortgage Inquiries Received from Kincardine


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 24.1%
Mortgage Pre-approval: 20.7%
First-time Home Buyer: 17.2%
Refinance / Debt Consolidation: 13.8%
No Money Down Mortgage (discontinued): 10.3%
Mortgage Renewal: 6.9%
Other: 6.8%
 
Total Application Types Found: 8

Age Demographics for Kincardine Mortgage Applicants

Average age: 42
Oldest age: 73
Youngest age: 23


Incomes for Kincardine Mortgage Applicants

The amounts below are the average income of people living in Kincardine who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Kincardine: $78,332.86
applicants within all of Canada: $60,852.54
Difference: $17,480.32
  
mortgage co-applicants in Kincardine: $36,120.00
co-applicants within all of Canada: $43,965.51
Difference: ($7,845.51)

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


Last mortgage report update for Kincardine: Friday, July 1, 2016
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