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Bowmanville Mortgage Information

Average Mortgage Loan in Bowmanville: $185,577

Busy Months for Mortgages Originating within Bowmanville

This graph illustrates the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Bowmanville usually occur during our first quarter (represented by the brown bars) with 33.72% while our slowest is the third quarter (represented by the blue bars) with 13.95%.

Busy Months Report for Bowmanville Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 16.3%
2 May: 11.6%
3 April: 11.6%
4 February: 11.6%
5 June: 9.3%
6 October: 9.3%
RankMonth Percentage of Applications
7 December: 8.1%
8 January: 5.8%
9 September: 5.8%
10 August: 4.7%
11 July: 3.5%
12 November: 2.3%

Busy Days for Mortgage Inquiries within Bowmanville

The graph below shows the busy days for online mortgage applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Bowmanville the most busy day of the week, with 20.93% of all submissions, is Thursday. In comparison, Sunday's are the slowest day with only 10.47% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Thursday: 20.9%
2 Wednesday: 17.4%
3 Tuesday: 15.1%
4 Monday: 12.8%
5 Friday: 11.6%
6 Saturday: 11.6%
7 Sunday: 10.5%
Busy Days Report for Bowmanville Mortgages

Peak Hours for Mortgages within Bowmanville

In Bowmanville, applications are received 24 hours a day on the Mortgage Super Brokers web site. The time periods below represents the peak hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Bowmanville
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.2%
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: 1.2%
5AM 05:00 to 05:59: 1.2%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 4.7%
8AM 08:00 to 08:59: 10.5%
9AM 09:00 to 09:59: 16.3%
10AM 10:00 to 10:59: 4.7%
11AM 11:00 to 11:59: 7.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.0%
1PM 13:00 to 13:59: 5.8%
2PM 14:00 to 14:59: 2.3%
3PM 15:00 to 15:59: 2.3%
4PM 16:00 to 16:59: 7.0%
5PM 17:00 to 17:59: 3.5%
6PM 18:00 to 18:59: 4.7%
7PM 19:00 to 19:59: 5.8%
8PM 20:00 to 20:59: 8.1%
9PM 21:00 to 21:59: 3.5%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 3.5%

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 Bowmanville Ranks in Ontario for Mortgage Business

The following table lists how Bowmanville 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
49AURORA, ON 0.178%
50ST THOMAS, ON 0.175%
51ORANGEVILLE, ON 0.164%
52BROCKVILLE, ON 0.163%
53KESWICK, ON 0.152%
54BOWMANVILLE, ON 0.149%
55GEORGETOWN, ON 0.149%
56TRENTON, ON 0.147%
57SIMCOE, ON 0.142%
58COBOURG, ON 0.137%
59STRATFORD, ON 0.137%

Types of Mortgage Inquiries Received from Bowmanville


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 27.9%
Mortgage Pre-approval: 20.9%
First-time Home Buyer: 11.6%
Mortgage Renewal: 11.6%
No Money Down Mortgage (discontinued): 10.5%
New Home Purchase: 10.5%
Other: 7.1%
 
Total Application Types Found: 11

Age Demographics for Bowmanville Applicants

Average age: 37
Oldest age: 70
Youngest age: 22


Incomes for Bowmanville Applicants

The following depicts the average income of people living in Bowmanville who have applied for a home loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Bowmanville: $60,964.26
applicants within all of Canada: $60,852.54
Difference: $111.72
  
mortgage co-applicants in Bowmanville: $53,060.33
co-applicants within all of Canada: $43,965.51
Difference: $9,094.82

Note: Commercial Mortgages were not included for this survey, only residential mortgages were used.


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