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Collingwood Mortgage Information

Average Mortgage Loan in Collingwood: $158,889

Busy Months for Applications within Collingwood

The graph below illustrates the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Collingwood happen to occur during our first quarter (represented by the brown bars) with 50.00% while our slowest is the fourth quarter (represented by the red bars) with 8.62%.

Busy Months Report for Collingwood Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 17.2%
2 March: 17.2%
3 February: 15.5%
4 May: 8.6%
5 April: 8.6%
6 June: 8.6%
RankMonth Percentage of Applications
7 September: 8.6%
8 October: 6.9%
9 July: 3.5%
10 August: 3.5%
11 November: 1.7%
12 December: 0.9%

Busy Days for Mortgage Applications within Collingwood

The information listed below compares the busy days for mortgage 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 Collingwood, the day with the most volume, generating 25.86% of all inquiries, is Monday. In comparison, Thursday's are the slowest day with only 6.90% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 25.9%
2 Tuesday: 24.1%
3 Saturday: 13.8%
4 Friday: 10.3%
5 Wednesday: 10.3%
6 Sunday: 8.6%
7 Thursday: 6.9%
Busy Days Report for Collingwood Mortgages

Peak Hours for Mortgages within Collingwood

Applications are received 24 hours a day on the Mortgage Super Brokers web site. The statistics shown below indicates the rush hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Collingwood
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.4%
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: 1.7%
5AM 05:00 to 05:59: 1.7%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 8.6%
8AM 08:00 to 08:59: 6.9%
9AM 09:00 to 09:59: 8.6%
10AM 10:00 to 10:59: 5.2%
11AM 11:00 to 11:59: 10.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 12.1%
1PM 13:00 to 13:59: 3.4%
2PM 14:00 to 14:59: 1.7%
3PM 15:00 to 15:59: 8.6%
4PM 16:00 to 16:59: 5.2%
5PM 17:00 to 17:59: 5.2%
6PM 18:00 to 18:59: 6.9%
7PM 19:00 to 19:59: 3.4%
8PM 20:00 to 20:59: 3.4%
9PM 21:00 to 21:59: 1.7%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 1.7%

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 Collingwood Ranks in Ontario for Mortgage Business

The following table lists how Collingwood 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
69TILLSONBURG, ON 0.107%
70INNISFIL, ON 0.105%
71ANCASTER, ON 0.104%
72COURTICE, ON 0.102%
73ALLISTON, ON 0.100%
74COLLINGWOOD, ON 0.100%
75GLOUCESTER, ON 0.099%
76BOLTON, ON 0.097%
77PORT HOPE, ON 0.095%
78PEMBROKE, ON 0.093%
79LASALLE, ON 0.086%

Types of Mortgage Inquiries Received from Collingwood


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 25.9%
Mortgage Pre-approval: 22.4%
Refinance / Debt Consolidation: 19.0%
No Money Down Mortgage (discontinued): 17.2%
Mortgage Renewal: 10.3%
Other: 5.1%
 
Total Application Types Found: 7

Age Demographics for Collingwood Mortgage Applicants

Average age: 37
Oldest age: 66
Youngest age: 23


Incomes for Collingwood Mortgage Applicants

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

Average annual gross income for
mortgage applicants in Collingwood: $43,314.25
applicants within all of Canada: $60,852.54
Difference: ($17,538.30)
  
mortgage co-applicants in Collingwood: $29,392.72
co-applicants within all of Canada: $43,965.51
Difference: ($14,572.79)

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


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

Mortgage Product Type Inquiries
Refinance/Consolidate Debt21.74%
Mortgage Pre-approval15.22%
First-time Home Buyer15.22%
No Money Down discontinued14.49%
Mortgage Renewal14.49%
New Purchase11.59%
Other7.24%
 
Did you know? The average home loan in Frankford is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
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