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Kingston Mortgage Information

Average Mortgage Loan in Kingston: $187,206

Busy Months for Mortgages Originating within Kingston

This graph shows the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Kingston usually occur during our first quarter (represented by the brown bars) with 34.77% while our slowest is the fourth quarter (represented by the red bars) with 16.49%.

Busy Months Report for Kingston Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 15.1%
2 February: 11.5%
3 April: 10.8%
4 July: 9.0%
5 January: 8.2%
6 September: 7.9%
RankMonth Percentage of Applications
7 June: 7.5%
8 May: 6.8%
9 August: 6.8%
10 October: 6.1%
11 November: 5.7%
12 December: 4.7%

Busy Days for Online Applications within Kingston

The graph listed below illustrates the busy days for mortgage inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Kingston the most busy day of the week, with 20.07% of all applications, is Tuesday. In comparison, Sunday's are the slowest day with only 10.39% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 20.1%
2 Monday: 16.5%
3 Friday: 15.1%
4 Wednesday: 14.0%
5 Thursday: 12.9%
6 Saturday: 11.1%
7 Sunday: 10.4%
Busy Days Report for Kingston Mortgages

Peak Hours for Mortgage Applicants within Kingston

In Kingston, mortgage applications are received 24 hours a day on the Super Brokers web site. The graph shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 37.6% of all mortgages are received during the morning, while 60.6% arrive in the afternoon.


Peak Hours Graph for Mortgages in Kingston
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.1%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0.7%
3AM 03:00 to 03:59: 0.7%
4AM 04:00 to 04:59: 1.1%
5AM 05:00 to 05:59: 0.7%
6AM 06:00 to 06:59: 3.2%
7AM 07:00 to 07:59: 5.0%
8AM 08:00 to 08:59: 3.6%
9AM 09:00 to 09:59: 9.0%
10AM 10:00 to 10:59: 7.9%
11AM 11:00 to 11:59: 6.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.2%
1PM 13:00 to 13:59: 7.5%
2PM 14:00 to 14:59: 5.4%
3PM 15:00 to 15:59: 5.4%
4PM 16:00 to 16:59: 5.4%
5PM 17:00 to 17:59: 6.8%
6PM 18:00 to 18:59: 3.9%
7PM 19:00 to 19:59: 5.7%
8PM 20:00 to 20:59: 3.6%
9PM 21:00 to 21:59: 4.7%
10PM 22:00 to 22:59: 3.6%
11PM 23:00 to 23:59: 1.4%

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 Kingston Ranks in Ontario for Mortgage Business

The following table lists how Kingston 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
16ST CATHARINES, ON 0.536%
17NORTH YORK, ON 0.522%
18ETOBICOKE, ON 0.515%
19RICHMOND HILL, ON 0.512%
20BRANTFORD, ON 0.494%
21KINGSTON, ON 0.482%
22MARKHAM, ON 0.439%
23SAULT STE MARIE, ON 0.429%
24SUDBURY, ON 0.401%
25PETERBOROUGH, ON 0.401%
26AJAX, ON 0.399%

Types of Mortgage Inquiries Received from Kingston


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 20.4%
First-time Home Buyer: 15.4%
No Money Down Mortgage (discontinued): 15.1%
New Home Purchase: 15.1%
Refinance / Debt Consolidation: 15.1%
Mortgage Renewal: 9.3%
Other: 9.8%
 
Total Application Types Found: 14

Age Demographics for Kingston Based Mortgages

Average age: 38
Oldest age: 79
Youngest age: 21


Incomes for Kingston Based Mortgages

The following depicts the average income of people living in Kingston who have applied for a home loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Kingston: $57,117.97
applicants within all of Canada: $60,852.54
Difference: ($3,734.57)
  
mortgage co-applicants in Kingston: $45,670.72
co-applicants within all of Canada: $43,965.51
Difference: $1,705.21

Note: Commercial Mortgages were not included for this section, only residential loans amounts were used.


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