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Newcastle Mortgage Information

Average Mortgage Loan in Newcastle: $166,161

Busy Days for Applications within Newcastle

The bar graph below displays the busy days for online mortgage applications that were received by Super Brokers. Each day is a representation of the combined 6-year total of all instances of that day. In Newcastle, the day with the most volume, generating 39.29% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 3.57% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 39.3%
2 Wednesday: 17.9%
3 Thursday: 14.3%
4 Tuesday: 10.7%
5 Sunday: 10.7%
6 Friday: 3.6%
7 Saturday: 3.6%
Busy Days Report for Newcastle Mortgages

Peak Hours for Mortgage Applicants within Newcastle

Mortgage inquiries are received 24 hours a day from the Super Brokers' web site. The time periods below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Newcastle
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.6%
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: 10.7%
8AM 08:00 to 08:59: 10.7%
9AM 09:00 to 09:59: 3.6%
10AM 10:00 to 10:59: 0%
11AM 11:00 to 11:59: 7.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.6%
1PM 13:00 to 13:59: 7.1%
2PM 14:00 to 14:59: 10.7%
3PM 15:00 to 15:59: 3.6%
4PM 16:00 to 16:59: 7.1%
5PM 17:00 to 17:59: 3.6%
6PM 18:00 to 18:59: 10.7%
7PM 19:00 to 19:59: 7.1%
8PM 20:00 to 20:59: 3.6%
9PM 21:00 to 21:59: 3.6%
10PM 22:00 to 22:59: 3.6%
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 Newcastle Ranks in Ontario for Mortgage Business

The following table lists how Newcastle 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
131GRAVENHURST, ON 0.050%
132KINCARDINE, ON 0.050%
133KAPUSKASING, ON 0.048%
134CHELMSFORD, ON 0.048%
135GANANOQUE, ON 0.048%
136NEWCASTLE, ON 0.048%
137PRESCOTT, ON 0.048%
138COCHRANE, ON 0.047%
139FRANKFORD, ON 0.047%
140ESPANOLA, ON 0.047%
141PORT DOVER, ON 0.047%

Types of Mortgage Inquiries Received from Newcastle


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 17.9%
No Money Down Mortgage (discontinued): 17.9%
Commercial: 10.7%
Refinance / Debt Consolidation: 10.7%
New Home Purchase: 10.7%
First-time Home Buyer: 7.1%
Second Mortgage: 7.1%
Mortgage Renewal: 7.1%
Other: 10.8%
 
Total Application Types Found: 11

Age Demographics for Newcastle Mortgages

Average age: 42
Oldest age: 65
Youngest age: 22


Incomes for Newcastle Mortgages

The amounts below are the average income of Canadians living in Newcastle who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Newcastle: $54,662.57
applicants within all of Canada: $60,852.54
Difference: ($6,189.98)
  
mortgage co-applicants in Newcastle: $46,689.20
co-applicants within all of Canada: $43,965.51
Difference: $2,723.69

Note: Commercial Mortgages were not included for this report, only residential mortgages from Newcastle, Ontario were used.


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