Mortgage Stats and Info for Welland, ON

Busy Months

The graph below depicts the volumes of online applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Welland, ON usually occurs in January with 12.1% of applications, while our slowest is September with 3.0%.

JanFebMarAprMayJunJulAugSepOctNovDec0%4%8%12%16%
Busy Months for Mortgages in Welland
January12.1%
June10.9%
August9.7%
February9.1%
April9.1%
July9.1%
October9.1%
November8.5%
May6.7%
December6.7%
March6.1%
September3.0%

Busy Days

The graph listed below compares the busy days for online applications that were received by the Super Brokers web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Welland, ON the most busy day, having more than 24.8% of all applications, is Monday. In comparison, Sunday is the slowest day with only 9.7% of all inquiries.

MonTueWedThuFriSatSun0%7%14%21%28%
Busy Days for Mortgages in Welland
Monday24.8%
Thursday15.2%
Tuesday13.3%
Wednesday13.3%
Saturday12.1%
Friday11.5%
Sunday9.7%

Peak Hours

In Welland, ON, mortgages are received 24 hours a day via our web site. The time periods below indicates the peak hours for mortgage applications over a 24-hour period. 29.7% of all mortgages are received during the morning, while 70.3% arrive in the afternoon.

0%3%6%9%12%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in Welland
Midnight - 1 AM3.6%
1 AM - 2 AM1.8%
2 AM - 3 AM0.6%
3 AM - 4 AM0.0%
4 AM - 5 AM0.0%
5 AM - 6 AM0.6%
6 AM - 7 AM0.0%
7 AM - 8 AM3.6%
8 AM - 9 AM1.8%
9 AM - 10 AM6.1%
10 AM - 11 AM3.0%
11 AM - Noon6.1%
Noon - 1 PM4.2%
1 PM - 2 PM3.6%
2 PM - 3 PM9.7%
3 PM - 4 PM9.1%
4 PM - 5 PM2.4%
5 PM - 6 PM7.3%
6 PM - 7 PM8.5%
7 PM - 8 PM8.5%
8 PM - 9 PM4.2%
9 PM - 10 PM7.3%
10 PM - 11 PM6.1%
11 PM - Midnight1.8%

Busy Seasons

The information below represents the peak seasons for Internet mortgage inquiries received by Super Brokers. The busiest season for mortgages within Welland, ON happens to occur in Summer with 29.7% of total applications, while the slowest season is Autumn with 20.6%.

27.9%21.8%29.7%20.6%
  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in Welland
Winter27.9%
Spring21.8%
Summer29.7%
Autumn20.6%

Age Ranges for Mortgage Applicants

In Welland, ON, the median age for when residents apply for a mortgage loan is 37. The youngest person to apply for a mortgage online was 20 years of age, whereas the most aged was 71 years young.

Welland020406080Min Age: 20Median Age: 37Maximum Age: 71

Marital Status for Mortgage Applicants

When folks in Welland, ON apply for a mortgage with Super Brokers, they enter a marital status, and the most frequent status' they report are Married with 44.2%, Single with 26.1%, Common Law with 21.2%, Separated with 5.5%, and Divorced with 3.0%.

Welland0255075100

Mortgage Types

Of all of the mortgages in Welland, ON, the 4 most prominent application types are Refinance with 21.2%, First-time Buyer with 15.8%, Purchase with 15.2%, and Qualification with 14.5%.

  • Refinance
  • First-time Buyer
  • Purchase
  • Qualification
  • No Money Down
  • Renewal
  • Other
Mortgage Inquiry Types for Mortgages in Welland
Refinance21.2%
First-time Buyer15.8%
Purchase15.2%
Qualification14.5%
No Money Down13.3%
Renewal12.1%
Other7.9%

Current Living Arrangement

When asked on an online mortgage application if they own or rent and where they currently reside, the people of Welland, ON most commonly respond: Own with 43.0%, Rent with 41.8%, and Live with parents with 5.5%.

Welland0255075100
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