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ToolsPort Colborne Mortgage Information
Average Mortgage Loan in Port Colborne: $140,458Busy Days for Mortgage Inquiries within Port Colborne
The graph below displays the busy days for mortgage applications that were received by Super Brokers. A combined total of all occurrences of each day are represented for the past 5 years. In Port Colborne, the day with the most volume, generating 18.18% of all applications, is Thursday. In comparison, Sunday's are the slowest day with only 11.36% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1 | Thursday: | 18.2% |
| 2 | Monday: | 15.9% |
| 3 | Tuesday: | 15.9% |
| 4 | Friday: | 13.6% |
| 5 | Saturday: | 13.6% |
| 6 | Wednesday: | 11.4% |
| 7 | Sunday: | 11.4% |
Peak Hours for Mortgage Applicants within Port Colborne
Port Colborne mortgage applications are received 24 hours a day on the Super Brokers' web site. The report shown below indicates the peak hours in the day. The data is taken from all days of all years.
| 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: | 0% |
| 5AM | 05:00 to 05:59: | 0% |
| 6AM | 06:00 to 06:59: | 0% |
| 7AM | 07:00 to 07:59: | 2.3% |
| 8AM | 08:00 to 08:59: | 2.3% |
| 9AM | 09:00 to 09:59: | 9.1% |
| 10AM | 10:00 to 10:59: | 9.1% |
| 11AM | 11:00 to 11:59: | 11.4% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 13.6% |
| 1PM | 13:00 to 13:59: | 2.3% |
| 2PM | 14:00 to 14:59: | 4.5% |
| 3PM | 15:00 to 15:59: | 2.3% |
| 4PM | 16:00 to 16:59: | 4.5% |
| 5PM | 17:00 to 17:59: | 2.3% |
| 6PM | 18:00 to 18:59: | 6.8% |
| 7PM | 19:00 to 19:59: | 15.9% |
| 8PM | 20:00 to 20:59: | 4.5% |
| 9PM | 21:00 to 21:59: | 6.8% |
| 10PM | 22:00 to 22:59: | 2.3% |
| 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 Port Colborne Ranks in Ontario for Mortgage Business
The following table lists how Port Colborne 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 |
|---|---|---|
| 86 | NAPANEE, ON | 0.081% |
| 87 | ACTON, ON | 0.081% |
| 88 | HUNTSVILLE, ON | 0.081% |
| 89 | WASAGA BEACH, ON | 0.078% |
| 90 | CALEDONIA, ON | 0.078% |
| 91 | PORT COLBORNE, ON | 0.076% |
| 92 | LEAMINGTON, ON | 0.076% |
| 93 | INGERSOLL, ON | 0.074% |
| 94 | BRACEBRIDGE, ON | 0.073% |
| 95 | PARRY SOUND, ON | 0.073% |
| 96 | HANOVER, ON | 0.071% |
Types of Mortgage Inquiries Received from Port Colborne
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| First-time Home Buyer: | 20.5% | |
| Mortgage Pre-approval: | 18.2% | |
| New Home Purchase: | 18.2% | |
| Refinance / Debt Consolidation: | 11.4% | |
| No Money Down Mortgage (discontinued): | 9.1% | |
| Mortgage Renewal: | 9.1% | |
| Commercial: | 6.8% | |
| Other: | 6.9% | |
| Total Application Types Found: 10 | ||
Age Demographics for Port Colborne Mortgage Applicants
Average age: 37
Oldest age: 57
Youngest age: 21
Incomes for Port Colborne Mortgage Applicants
The information below represents the average income of people living in Port Colborne who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Colborne: | $55,438.80 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | ($5,413.74) |
| mortgage co-applicants in Port Colborne: | $37,276.92 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | ($6,688.59) |
Nearest Settlements
- Crystal Beach
- Fonthill
- Fort Erie
- Lowbanks
- Niagara Falls
- Niagara On The Lake
- Ridgeway
- Thorold
- Welland
- Wellandport
- Compare Interest Rates
- Port Colborne Broker Contact
Municipal mortgage stats:
Related mortgage information:
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 20.45% | |
| Refinance/Consolidate Debt | 17.84% | |
| First-time Home Buyer | 16.77% | |
| New Purchase | 13.79% | |
| No Money Down discontinued | 12.37% | |
| Mortgage Renewal | 8.32% | |
| Other | 10.48% |
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Tel: Fax: info@superbrokers.ca |