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Woodstock Mortgage Information

Average Mortgage Loan in Woodstock: $157,283

Busy Months for Applications within Woodstock

The 6-year bar graph below represents the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Woodstock seem to occur during our first quarter (represented by the brown bars) with 38.10% while our slowest is the fourth quarter (represented by the red bars) with 18.37%.

Busy Months Report for Woodstock Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 15.7%
2 February: 13.6%
3 July: 10.2%
4 August: 10.2%
5 March: 8.8%
6 June: 7.5%
RankMonth Percentage of Applications
7 November: 6.8%
8 May: 6.8%
9 October: 6.1%
10 December: 5.4%
11 April: 4.8%
12 September: 4.1%

Busy Days for Applications within Woodstock

The graph listed below displays the busy days for mortgage inquiries 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 Woodstock, the day with the most volume, generating 25.85% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 6.12% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 25.9%
2 Monday: 17.0%
3 Wednesday: 15.7%
4 Thursday: 14.3%
5 Sunday: 10.9%
6 Friday: 10.2%
7 Saturday: 6.1%
Busy Days Report for Woodstock Mortgages

Peak Hours for Originated Mortgages within Woodstock

Inquiries are received 24 hours a day from our web site. The time periods below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 38.1% of all mortgages are received during the morning, while 58.5% arrive in the afternoon.


Peak Hours Graph for Mortgages in Woodstock
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.4%
1AM 01:00 to 01:59: 0.7%
2AM 02:00 to 02:59: 1.4%
3AM 03:00 to 03:59: 0.7%
4AM 04:00 to 04:59: 0.7%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 4.1%
7AM 07:00 to 07:59: 6.8%
8AM 08:00 to 08:59: 5.4%
9AM 09:00 to 09:59: 6.1%
10AM 10:00 to 10:59: 6.8%
11AM 11:00 to 11:59: 7.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.8%
1PM 13:00 to 13:59: 8.2%
2PM 14:00 to 14:59: 2.0%
3PM 15:00 to 15:59: 6.1%
4PM 16:00 to 16:59: 6.1%
5PM 17:00 to 17:59: 5.4%
6PM 18:00 to 18:59: 7.5%
7PM 19:00 to 19:59: 4.8%
8PM 20:00 to 20:59: 2.0%
9PM 21:00 to 21:59: 3.4%
10PM 22:00 to 22:59: 3.4%
11PM 23:00 to 23:59: 2.7%

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 Woodstock Ranks in Ontario for Mortgage Business

The following table lists how Woodstock 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
33NEPEAN, ON 0.308%
34CORNWALL, ON 0.280%
35TIMMINS, ON 0.268%
36MILTON, ON 0.259%
37KANATA, ON 0.259%
38WOODSTOCK, ON 0.254%
39SARNIA, ON 0.252%
40THORNHILL, ON 0.251%
41BELLEVILLE, ON 0.249%
42ORLEANS, ON 0.244%
43STONEY CREEK, ON 0.240%

Types of Mortgage Inquiries Received from Woodstock


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 25.2%
Mortgage Pre-approval: 23.8%
New Home Purchase: 13.6%
First-time Home Buyer: 11.6%
Mortgage Renewal: 11.6%
No Money Down Mortgage (discontinued): 6.8%
Other: 7.6%
 
Total Application Types Found: 12

Age Demographics for Woodstock Based Mortgages

Average age: 38
Oldest age: 71
Youngest age: 20


Incomes for Woodstock Based Mortgages

The following figures show the average income of Canadians living in Woodstock who have applied for a loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Woodstock: $57,376.14
applicants within all of Canada: $60,852.54
Difference: ($3,476.41)
  
mortgage co-applicants in Woodstock: $44,204.16
co-applicants within all of Canada: $43,965.51
Difference: $238.65

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


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