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Kanata Mortgage Information

Average Mortgage Loan in Kanata: $186,247

Busy Months for Online Mortgages within Kanata

The following bar graph depicts the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Kanata happen to occur during our first quarter (represented by the brown bars) with 35.33% while our slowest is the fourth quarter (represented by the red bars) with 8.00%.

Busy Months Report for Kanata Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 14.7%
2 March: 14.0%
3 January: 12.7%
4 May: 11.3%
5 July: 10.7%
6 February: 8.7%
RankMonth Percentage of Applications
7 September: 8.7%
8 August: 8.0%
9 November: 3.3%
10 April: 3.3%
11 October: 2.7%
12 December: 2.0%

Busy Days for Mortgage Inquiries within Kanata

The information below compares the busy days for online inquiries that were received by Super Brokers' web site. Each day is a representation of the combined 6-year total of all instances of that day. In Kanata the busiest day of the week, with 20.67% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 6.67% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 20.7%
2 Thursday: 19.3%
3 Wednesday: 16.7%
4 Tuesday: 15.3%
5 Friday: 12.7%
6 Sunday: 8.7%
7 Saturday: 6.7%
Busy Days Report for Kanata Mortgages

Peak Hours for Mortgages within Kanata

Mortgage applications are received 24 hours a day from the Super Brokers web site. The graph shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Kanata
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: 1.3%
3AM 03:00 to 03:59: 1.3%
4AM 04:00 to 04:59: 1.3%
5AM 05:00 to 05:59: 2.0%
6AM 06:00 to 06:59: 2.0%
7AM 07:00 to 07:59: 3.3%
8AM 08:00 to 08:59: 8.7%
9AM 09:00 to 09:59: 10.0%
10AM 10:00 to 10:59: 7.3%
11AM 11:00 to 11:59: 6.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 12.7%
1PM 13:00 to 13:59: 10.0%
2PM 14:00 to 14:59: 4.0%
3PM 15:00 to 15:59: 4.0%
4PM 16:00 to 16:59: 4.0%
5PM 17:00 to 17:59: 4.0%
6PM 18:00 to 18:59: 4.0%
7PM 19:00 to 19:59: 2.7%
8PM 20:00 to 20:59: 4.7%
9PM 21:00 to 21:59: 4.7%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 2.0%

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 Kanata Ranks in Ontario for Mortgage Business

The following table lists how Kanata 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
32NEWMARKET, ON 0.309%
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%

Types of Mortgage Inquiries Received from Kanata


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 20.0%
Mortgage Pre-approval: 19.3%
Mortgage Renewal: 19.3%
New Home Purchase: 14.0%
First-time Home Buyer: 9.3%
No Money Down Mortgage (discontinued): 8.7%
Other: 9.5%
 
Total Application Types Found: 13

Age Demographics for Kanata Mortgages

Average age: 40
Oldest age: 76
Youngest age: 22


Incomes for Kanata Mortgages

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

Average annual gross income for
mortgage applicants in Kanata: $70,125.74
applicants within all of Canada: $60,852.54
Difference: $9,273.20
  
mortgage co-applicants in Kanata: $54,972.28
co-applicants within all of Canada: $43,965.51
Difference: $11,006.77

Note: Commercial loans were not included for this survey, only home loans from Kanata, Ontario were used.


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