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Port Hope Mortgage Information

Average Mortgage Loan in Port Hope: $173,209

Busy Months for Mortgages within Port Hope

The 6-year bar 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 Port Hope usually occur during our second quarter (represented by the green bars) with 32.73% while our slowest is the fourth quarter (represented by the red bars) with 18.18%.

Busy Months Report for Port Hope Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 20.0%
2 April: 16.4%
3 May: 10.9%
4 October: 10.9%
5 July: 9.1%
6 August: 7.3%
RankMonth Percentage of Applications
7 November: 5.5%
8 January: 5.5%
9 June: 5.5%
10 February: 3.6%
11 September: 3.6%
12 December: 1.8%

Busy Days for Online Mortgages within Port Hope

The information below compares the busy days for mortgage inquiries that were received by Super Brokers' web site. A combined total of all occurrences of each day are represented for the past 5 years. In Port Hope the most busy day of the week, with 21.82% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 7.27% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 21.8%
2 Thursday: 21.8%
3 Tuesday: 16.4%
4 Wednesday: 12.7%
5 Saturday: 10.9%
6 Sunday: 9.1%
7 Friday: 7.3%
Busy Days Report for Port Hope Mortgages

Peak Hours for Mortgages within Port Hope

In Port Hope, applications are received 24 hours a day via our web site. The time periods below represents the peak hours within a 24-hour period. The data is taken from all days of all years. Only 49.1% of all mortgages are received during the morning, while 50.9% arrive in the afternoon.


Peak Hours Graph for Mortgages in Port Hope
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: 3.6%
6AM 06:00 to 06:59: 1.8%
7AM 07:00 to 07:59: 7.3%
8AM 08:00 to 08:59: 9.1%
9AM 09:00 to 09:59: 9.1%
10AM 10:00 to 10:59: 9.1%
11AM 11:00 to 11:59: 9.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.6%
1PM 13:00 to 13:59: 1.8%
2PM 14:00 to 14:59: 7.3%
3PM 15:00 to 15:59: 7.3%
4PM 16:00 to 16:59: 5.5%
5PM 17:00 to 17:59: 3.6%
6PM 18:00 to 18:59: 5.5%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 7.3%
9PM 21:00 to 21:59: 7.3%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 1.8%

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 Port Hope Ranks in Ontario for Mortgage Business

The following table lists how Port Hope 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
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%
80SMITHS FALLS, ON 0.085%
81EAST YORK, ON 0.085%
82STOUFFVILLE, ON 0.085%

Types of Mortgage Inquiries Received from Port Hope


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 25.5%
Mortgage Pre-approval: 21.8%
Refinance / Debt Consolidation: 16.4%
No Money Down Mortgage (discontinued): 12.7%
New Home Purchase: 10.9%
Mortgage Renewal: 7.3%
Other: 5.4%
 
Total Application Types Found: 8

Age Demographics for Port Hope Mortgages

Average age: 37
Oldest age: 67
Youngest age: 22


Incomes for Port Hope Mortgages

The numbers below represent the average income of applicants living in Port Hope who have submitted a mortgage inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Port Hope: $50,173.22
applicants within all of Canada: $60,852.54
Difference: ($10,679.32)
  
mortgage co-applicants in Port Hope: $51,175.20
co-applicants within all of Canada: $43,965.51
Difference: $7,209.69

Note: Commercial loans were not included for this survey, only residential loans were used.


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

Mortgage Product Type Inquiries
First-time Home Buyer29.53%
Mortgage Pre-approval17.11%
New Purchase15.44%
Mortgage Renewal12.42%
No Money Down discontinued11.07%
Refinance/Consolidate Debt9.06%
Other5.38%
 
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