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Fort Frances Mortgage Information

Average Mortgage Loan in Fort Frances: $134,895

Peak Hours for Mortgages within Fort Frances

In Fort Frances, mortgage applications are received 24 hours a day via the Mortgage Super Brokers web site. The information shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Fort Frances
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: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 4.5%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 4.5%
10AM 10:00 to 10:59: 18.2%
11AM 11:00 to 11:59: 0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 13.6%
1PM 13:00 to 13:59: 27.3%
2PM 14:00 to 14:59: 9.1%
3PM 15:00 to 15:59: 9.1%
4PM 16:00 to 16:59: 4.5%
5PM 17:00 to 17:59: 4.5%
6PM 18:00 to 18:59: 0%
7PM 19:00 to 19:59: 4.5%
8PM 20:00 to 20:59: 0%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 0%
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 Fort Frances Ranks in Ontario for Mortgage Business

The following table lists how Fort Frances 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
153SHELBURNE, ON 0.041%
154WALKERTON, ON 0.040%
155ALMONTE, ON 0.040%
156ESSEX, ON 0.040%
157DEEP RIVER, ON 0.038%
158FORT FRANCES, ON 0.038%
159FENELON FALLS, ON 0.038%
160DURHAM, ON 0.038%
161SPENCERVILLE, ON 0.038%
162ATIKOKAN, ON 0.036%
163WAWA, ON 0.036%

Types of Mortgage Inquiries Received from Fort Frances


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 40.9%
Mortgage Renewal: 22.7%
New Home Purchase: 18.2%
Mortgage Pre-approval: 9.1%
Refinance / Debt Consolidation: 4.5%
Investment: 4.5%
 
Total Application Types Found: 6

Age Demographics for Fort Frances Applicants

Average age: 37
Oldest age: 64
Youngest age: 25


Incomes for Fort Frances Applicants

The information below represents the average income of Canadians living in Fort Frances who have submitted a mortgage inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Fort Frances: $52,950.00
applicants within all of Canada: $60,852.54
Difference: ($7,902.54)
  
mortgage co-applicants in Fort Frances: $46,937.50
co-applicants within all of Canada: $43,965.51
Difference: $2,971.99

Note: Commercial loans were not included for this section, only home loans from Fort Frances, Ontario were used.

Nearest Settlements


1Barwick, Ontario


Last mortgage report update for Fort Frances: Friday, July 1, 2016
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