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Caledonia Mortgage Information

Average Mortgage Loan in Caledonia: $194,223

Busy Days for Mortgage Inquiries within Caledonia

The graph listed below shows the busy days for Internet mortgage applications that were received by Super Brokers' web site. A combined total of all occurrences of each day are represented for the past 5 years. In Caledonia the busiest day of the week, with 20.00% of all applications, is Monday. In comparison, Sunday's are the slowest day with only 8.89% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 20.0%
2 Thursday: 20.0%
3 Friday: 15.6%
4 Tuesday: 13.3%
5 Wednesday: 11.1%
6 Saturday: 11.1%
7 Sunday: 8.9%
Busy Days Report for Caledonia Mortgages

Peak Hours for Mortgage Applicants within Caledonia

In Caledonia, mortgage applications are received 24 hours a day via the Super Brokers' web site. The time periods below represents the busy hours in the day. The data is taken from all days of all years. Only 46.7% of all mortgages are received during the morning, while 53.3% arrive in the afternoon.


Peak Hours Graph for Mortgages in Caledonia
TimePeriod (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: 4.4%
6AM 06:00 to 06:59: 2.2%
7AM 07:00 to 07:59: 8.9%
8AM 08:00 to 08:59: 8.9%
9AM 09:00 to 09:59: 8.9%
10AM 10:00 to 10:59: 6.7%
11AM 11:00 to 11:59: 6.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 2.2%
1PM 13:00 to 13:59: 4.4%
2PM 14:00 to 14:59: 8.9%
3PM 15:00 to 15:59: 4.4%
4PM 16:00 to 16:59: 4.4%
5PM 17:00 to 17:59: 6.7%
6PM 18:00 to 18:59: 4.4%
7PM 19:00 to 19:59: 4.4%
8PM 20:00 to 20:59: 11.1%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 2.2%
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 Caledonia Ranks in Ontario for Mortgage Business

The following table lists how Caledonia 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
85MIDLAND, ON 0.083%
86NAPANEE, ON 0.081%
87ACTON, ON 0.081%
88HUNTSVILLE, ON 0.081%
89WASAGA BEACH, ON 0.078%
90CALEDONIA, ON 0.078%
91PORT COLBORNE, ON 0.076%
92LEAMINGTON, ON 0.076%
93INGERSOLL, ON 0.074%
94BRACEBRIDGE, ON 0.073%
95PARRY SOUND, ON 0.073%

Types of Mortgage Inquiries Received from Caledonia


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 24.4%
No Money Down Mortgage (discontinued): 17.8%
Mortgage Pre-approval: 13.3%
First-time Home Buyer: 11.1%
New Home Purchase: 11.1%
Mortgage Renewal: 6.7%
Low Doc: 4.4%
Commercial: 4.4%
Other: 6.6%
 
Total Application Types Found: 11

Age Demographics for Caledonia Mortgage Applicants

Average age: 38
Oldest age: 63
Youngest age: 21


Incomes for Caledonia Mortgage Applicants

The figures below represent the average income of Canadians living in Caledonia who have applied for a home loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Caledonia: $63,590.65
applicants within all of Canada: $60,852.54
Difference: $2,738.11
  
mortgage co-applicants in Caledonia: $49,176.47
co-applicants within all of Canada: $43,965.51
Difference: $5,210.96

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


Last mortgage report update for Caledonia: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in North York.

Mortgage Product Type Inquiries
New Purchase26.16%
First-time Home Buyer24.50%
Mortgage Pre-approval20.86%
No Money Down discontinued9.27%
Mortgage Renewal7.28%
Refinance/Consolidate Debt4.64%
Other7.28%
 
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