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Paris Mortgage Information

Average Mortgage Loan in Paris: $194,733

Busy Days for Applications within Paris

The graph below shows the busy days for online inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Paris, the day with the most volume, generating 21.95% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 4.88% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 21.9%
2 Tuesday: 17.1%
3 Wednesday: 17.1%
4 Thursday: 14.6%
5 Friday: 12.2%
6 Sunday: 12.2%
7 Saturday: 4.9%
Busy Days Report for Paris Mortgages

Peak Hours for Mortgage Applicants within Paris

Mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The time periods below indicates the busy hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Paris
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: 4.9%
6AM 06:00 to 06:59: 4.9%
7AM 07:00 to 07:59: 9.8%
8AM 08:00 to 08:59: 7.3%
9AM 09:00 to 09:59: 4.9%
10AM 10:00 to 10:59: 4.9%
11AM 11:00 to 11:59: 14.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.3%
1PM 13:00 to 13:59: 2.4%
2PM 14:00 to 14:59: 17.1%
3PM 15:00 to 15:59: 7.3%
4PM 16:00 to 16:59: 0%
5PM 17:00 to 17:59: 4.9%
6PM 18:00 to 18:59: 0%
7PM 19:00 to 19:59: 2.4%
8PM 20:00 to 20:59: 4.9%
9PM 21:00 to 21:59: 2.4%
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 Paris Ranks in Ontario for Mortgage Business

The following table lists how Paris 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
92LEAMINGTON, ON 0.076%
93INGERSOLL, ON 0.074%
94BRACEBRIDGE, ON 0.073%
95PARRY SOUND, ON 0.073%
96HANOVER, ON 0.071%
97PARIS, ON 0.071%
98DELHI, ON 0.067%
99PERTH, ON 0.067%
100TECUMSEH, ON 0.067%
101STITTSVILLE, ON 0.067%
102AMHERSTBURG, ON 0.066%

Types of Mortgage Inquiries Received from Paris


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 22.0%
Mortgage Pre-approval: 19.5%
No Money Down Mortgage (discontinued): 14.6%
Refinance / Debt Consolidation: 12.2%
First-time Home Buyer: 9.8%
New Home Purchase: 9.8%
Commercial: 4.9%
Other: 7.2%
 
Total Application Types Found: 10

Age Demographics for Paris Originated Mortgages

Average age: 39
Oldest age: 69
Youngest age: 22


Incomes for Paris Originated Mortgages

The following depicts the average income of people living in Paris who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Paris: $59,871.89
applicants within all of Canada: $60,852.54
Difference: ($980.65)
  
mortgage co-applicants in Paris: $45,620.00
co-applicants within all of Canada: $43,965.51
Difference: $1,654.49

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


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