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St Catharines Mortgage Information

Average Mortgage Loan in St Catharines: $154,197

Busy Months for Applications within St Catharines

The 6-year bar graph below displays the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from St Catharines seem to occur during our first quarter (represented by the brown bars) with 30.32% while our slowest is the fourth quarter (represented by the red bars) with 20.00%.

Busy Months Report for St Catharines Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 13.9%
2 April: 10.7%
3 May: 9.7%
4 November: 9.0%
5 August: 9.0%
6 March: 8.4%
RankMonth Percentage of Applications
7 February: 8.1%
8 June: 7.4%
9 October: 7.1%
10 September: 6.8%
11 July: 6.1%
12 December: 3.9%

Busy Days for Online Applications within St Catharines

The graph below shows the busy days for Internet applications that were received by Super Brokers' web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In St Catharines the most busy day of the week, with 20.00% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 8.06% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 20.0%
2 Wednesday: 18.1%
3 Tuesday: 17.4%
4 Sunday: 13.6%
5 Thursday: 12.6%
6 Friday: 10.3%
7 Saturday: 8.1%
Busy Days Report for St Catharines Mortgages

Peak Hours for Mortgages within St Catharines

Mortgage inquiries are received 24 hours a day from the Super Brokers' web site. The statistics shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in St Catharines
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.6%
1AM 01:00 to 01:59: 0.6%
2AM 02:00 to 02:59: 0.6%
3AM 03:00 to 03:59: 1.0%
4AM 04:00 to 04:59: 1.3%
5AM 05:00 to 05:59: 1.6%
6AM 06:00 to 06:59: 3.5%
7AM 07:00 to 07:59: 5.2%
8AM 08:00 to 08:59: 3.2%
9AM 09:00 to 09:59: 5.5%
10AM 10:00 to 10:59: 7.4%
11AM 11:00 to 11:59: 5.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.4%
1PM 13:00 to 13:59: 8.4%
2PM 14:00 to 14:59: 3.5%
3PM 15:00 to 15:59: 5.2%
4PM 16:00 to 16:59: 5.5%
5PM 17:00 to 17:59: 3.9%
6PM 18:00 to 18:59: 7.7%
7PM 19:00 to 19:59: 4.8%
8PM 20:00 to 20:59: 5.5%
9PM 21:00 to 21:59: 6.5%
10PM 22:00 to 22:59: 2.9%
11PM 23:00 to 23:59: 2.3%

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 St Catharines Ranks in Ontario for Mortgage Business

The following table lists how St Catharines 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
11BURLINGTON, ON 0.752%
12GUELPH, ON 0.685%
13OAKVILLE, ON 0.647%
14CAMBRIDGE, ON 0.624%
15OSHAWA, ON 0.614%
16ST CATHARINES, ON 0.536%
17NORTH YORK, ON 0.522%
18ETOBICOKE, ON 0.515%
19RICHMOND HILL, ON 0.512%
20BRANTFORD, ON 0.494%
21KINGSTON, ON 0.482%

Types of Mortgage Inquiries Received from St Catharines


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 21.9%
First-time Home Buyer: 19.4%
No Money Down Mortgage (discontinued): 16.5%
Mortgage Renewal: 12.6%
New Home Purchase: 11.0%
Refinance / Debt Consolidation: 10.0%
Other: 8.5%
 
Total Application Types Found: 16

Age Demographics for St Catharines Applicants

Average age: 36
Oldest age: 82
Youngest age: 19


Incomes for St Catharines Applicants

The following depicts the average income of applicants living in St Catharines who have applied for a home loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in St Catharines: $52,052.08
applicants within all of Canada: $60,852.54
Difference: ($8,800.46)
  
mortgage co-applicants in St Catharines: $36,121.11
co-applicants within all of Canada: $43,965.51
Difference: ($7,844.40)

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


Last mortgage report update for St Catharines: 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 Tillsonburg.

Mortgage Product Type Inquiries
No Money Down discontinued19.35%
Refinance/Consolidate Debt19.35%
Mortgage Pre-approval17.74%
First-time Home Buyer14.52%
New Purchase12.90%
Mortgage Renewal6.45%
Commercial Financing4.84%
Other4.83%
 
Did you know? The average home loan in Penetanguishene is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
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