Variable closed:	2.45%
1 year closed:	3.44%
3 year closed:	3.09%
5 year closed:	2.39%
10 year closed:	3.80%

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Owen Sound Mortgage Information

Average Mortgage Loan in Owen Sound: $137,919

Busy Months for Mortgage Inquiries within Owen Sound

The bar graph below represents the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Owen Sound seem to occur during our first quarter (represented by the brown bars) with 33.80% while our slowest is the fourth quarter (represented by the red bars) with 18.31%.

Busy Months Report for Owen Sound Mortgages

Rankings for Busy Mortgage Months

Rank	Month	Percentage of Applications
1	July:	12.7%
2	January:	11.3%
3	April:	11.3%
4	February:	11.3%
5	March:	11.3%
6	June:	9.9%

Rank	Month	Percentage of Applications
7	August:	8.4%
8	December:	7.0%
9	November:	5.6%
10	October:	5.6%
11	May:	2.8%
12	September:	2.8%

Busy Days for Mortgages Originating within Owen Sound

The bar graph listed below compares the busy days for mortgage inquiries 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 Owen Sound, the day with the most volume, having more than 22.54% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 9.86% of all inquiries.

Rank	Day of the Week	Percentage of Applications
1	Monday:	22.5%
2	Thursday:	16.9%
3	Tuesday:	14.1%
4	Saturday:	14.1%
5	Wednesday:	12.7%
6	Friday:	9.9%
7	Sunday:	9.9%

Busy Days Report for Owen Sound Mortgages

Peak Hours for Mortgage Applicants within Owen Sound

Mortgage applications are received 24 hours a day on the Super Brokers web site. The report shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years. Only 45.1% of all mortgages are received during the morning, while 54.9% arrive in the afternoon.

Peak Hours Graph for Mortgages in Owen Sound

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:	0%
4AM	04:00 to 04:59:	1.4%
5AM	05:00 to 05:59:	0%
6AM	06:00 to 06:59:	7.0%
7AM	07:00 to 07:59:	9.9%
8AM	08:00 to 08:59:	9.9%
9AM	09:00 to 09:59:	2.8%
10AM	10:00 to 10:59:	5.6%
11AM	11:00 to 11:59:	8.5%

Time	Period (24 Hour)	Percentage of Applications
Lunch	12:00 to 12:59:	7.0%
1PM	13:00 to 13:59:	8.5%
2PM	14:00 to 14:59:	2.8%
3PM	15:00 to 15:59:	5.6%
4PM	16:00 to 16:59:	2.8%
5PM	17:00 to 17:59:	8.5%
6PM	18:00 to 18:59:	5.6%
7PM	19:00 to 19:59:	5.6%
8PM	20:00 to 20:59:	4.2%
9PM	21:00 to 21:59:	1.4%
10PM	22:00 to 22:59:	1.4%
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 Owen Sound Ranks in Ontario for Mortgage Business

The following table lists how Owen Sound 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
59	STRATFORD, ON	0.137%
60	DUNDAS, ON	0.137%
61	LINDSAY, ON	0.131%
62	MAPLE, ON	0.131%
63	STRATHROY, ON	0.123%
64	OWEN SOUND, ON	0.123%
65	BRADFORD, ON	0.119%
66	GRIMSBY, ON	0.114%
67	FORT ERIE, ON	0.111%
68	PETAWAWA, ON	0.109%
69	TILLSONBURG, ON	0.107%

Types of Mortgage Inquiries Received from Owen Sound

Type of Mortgage Application Form Selected		Percentage of Inquiries
First-time Home Buyer:		26.8%
Refinance / Debt Consolidation:		22.5%
Mortgage Pre-approval:		19.7%
New Home Purchase:		12.7%
No Money Down Mortgage (discontinued):		7.0%
Other:		11.2%

Total Application Types Found: 10

Age Demographics for Owen Sound Mortgage Applicants

Average age: 36
Oldest age: 68
Youngest age: 22

Incomes for Owen Sound Mortgage Applicants

The figures below represent the average income of people living in Owen Sound who have applied for a home loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Owen Sound:	$49,220.03
applicants within all of Canada:	$60,852.54
Difference:	($11,632.51)

mortgage co-applicants in Owen Sound:	$34,769.35
co-applicants within all of Canada:	$43,965.51
Difference:	($9,196.16)

Note: Commercial loan amounts were not included for this section, only residential loans from Owen Sound, Ontario were used.

Nearest Settlements

1	Chesley, Ontario
2	Shallow Lake, Ontario
3	Hepworth, Ontario
4	Wiarton, Ontario
5	Paisley, Ontario
6	Allenford, Ontario
7	Brockton, Ontario
8	Cargill, Ontario
9	Desboro, Ontario
10	Kincardine, Ontario
11	Elmwood, Ontario
12	Durham, Ontario
13	Meaford, Ontario
14	Chepstow, Ontario
15	Lions Head, Ontario
16	Walkerton, Ontario
17	Tiverton, Ontario

18	Hanover, Ontario
19	Ripley, Ontario
20	Walton, Ontario
21	Neustadt, Ontario
22	Wingham, Ontario
23	Thornbury, Ontario
24	Port Elgin, Ontario
25	Markdale, Ontario
26	Flesherton, Ontario
27	Fordwich, Ontario
28	Mildmay, Ontario
29	Clifford, Ontario
30	Mount Forest, Ontario
31	Harriston, Ontario
32	Teeswater, Ontario
33	Tobermory, Ontario

Mortgage Product Type		Inquiries
First-time Home Buyer		25.86%
Mortgage Pre-approval		22.41%
Refinance/Consolidate Debt		18.97%
No Money Down discontinued		17.24%
Mortgage Renewal		10.34%
Other		5.17%