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This bar graph shows the individual monthly volume history for Internet pre-approval applications originating from Lethbridge, AB.
This graph represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Lethbridge happen to occur during our second quarter (represented by the green bars) with 34.32% while our slowest is the fourth quarter (represented by the red bars) with 14.41%.
Rankings for Busy Mortgage Months
| Rank | Month | | Percentage of Applications |
|---|
| 1 | April: | | 13.1% |
| 2 | January: | | 11.9% |
| 3 | May: | | 10.6% |
| 4 | June: | | 10.6% |
| 5 | September: | | 8.9% |
| 6 | March: | | 8.5% |
| Rank | Month | | Percentage of Applications |
|---|
| 7 | February: | | 7.6% |
| 8 | July: | | 7.2% |
| 9 | August: | | 7.2% |
| 10 | October: | | 5.5% |
| 11 | November: | | 5.1% |
| 12 | December: | | 3.8% |
The information below compares the busy days for Internet mortgage applications that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Lethbridge, the day with the most volume, having more than 18.64% of all applications, is Thursday. In comparison, Sunday's are the slowest day with only 7.20% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|
| 1: | Thursday: | 18.6% |
| 2: | Tuesday: | 17.8% |
| 3: | Monday: | 16.9% |
| 4: | Friday: | 15.3% |
| 5: | Wednesday: | 14.8% |
| 6: | Saturday: | 9.3% |
| 7: | Sunday: | 7.2% |
Mortgage inquiries are received 24 hours a day on the CanEquity web site. The following represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 25.0% of all mortgages are received before noon, while 69.9% arrive in the afternoon.
| Time | Period (24 Hour) | Percentage
of Applications |
|---|
| 12AM | 00:00 to 00:59: | 2.5%
|
| 1AM | 01:00 to 01:59: | 1.7%
|
| 2AM | 02:00 to 02:59: | 0.8%
|
| 3AM | 03:00 to 03:59: | 0.8%
|
| 4AM | 04:00 to 04:59: | 0.4%
|
| 5AM | 05:00 to 05:59: | 0%
|
| 6AM | 06:00 to 06:59: | 0%
|
| 7AM | 07:00 to 07:59: | 1.7%
|
| 8AM | 08:00 to 08:59: | 5.5%
|
| 9AM | 09:00 to 09:59: | 4.7%
|
| 10AM | 10:00 to 10:59: | 6.4%
|
| 11AM | 11:00 to 11:59: | 5.5%
|
| Time | Period (24 Hour) | Percentage
of Applications |
|---|
| Lunch | 12:00 to 12:59: | 3.8%
|
| 1PM | 13:00 to 13:59: | 6.4%
|
| 2PM | 14:00 to 14:59: | 7.2%
|
| 3PM | 15:00 to 15:59: | 6.8%
|
| 4PM | 16:00 to 16:59: | 6.8%
|
| 5PM | 17:00 to 17:59: | 6.4%
|
| 6PM | 18:00 to 18:59: | 8.1%
|
| 7PM | 19:00 to 19:59: | 6.8%
|
| 8PM | 20:00 to 20:59: | 5.5%
|
| 9PM | 21:00 to 21:59: | 3.4%
|
| 10PM | 22:00 to 22:59: | 5.1%
|
| 11PM | 23:00 to 23:59: | 3.8%
|
| Rank | Location | Contribution |
|---|
| 1: | CALGARY, AB | 6.712% |
| 2: | EDMONTON, AB | 4.360% |
| 3: | FORT MCMURRAY, AB | 0.634% |
| 4: | RED DEER, AB | 0.632% |
| 5: | LETHBRIDGE, AB | 0.422% |
| 6: | SHERWOOD PARK, AB | 0.388% |
| 7: | GRANDE PRAIRIE, AB | 0.344% |
| 8: | ST ALBERT, AB | 0.306% |
| 9: | MEDICINE HAT, AB | 0.286% |
| 10: | AIRDRIE, AB | 0.277% |
Average age: 38
Oldest age: 78
Youngest age: 19
The amounts below are the average income of applicants living in Lethbridge who have applied for a home loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|
| mortgage applicants in Lethbridge: | $55,069.54 |
| applicants within all of Canada: | $60,503.19 |
| Difference: | ($5,433.65) |
| | |
| mortgage co-applicants in Lethbridge: | $32,960.49 |
| co-applicants within all of Canada: | $43,699.18 |
| Difference: | ($10,738.69) |
Note: Commercial loans were not included for this report, only home loans from Lethbridge, Alberta were used.
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