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Monthly Volume History for Online Applications from Lethbridge

The 6-year bar graph below depicts the individual monthly volume history for Internet pre-approval applications submitted from Lethbridge, AB.


Monthly Volume Report for Lethbridge Mortgages

Busy Months for Mortgage Inquiries within Lethbridge

The following represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Lethbridge seem to occur during our second quarter (represented by the green bars) with 33.61% while our slowest is the fourth quarter (represented by the red bars) with 14.94%.

Busy Months Report for Lethbridge Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 12.9%
2 January: 11.6%
3 May: 10.4%
4 June: 10.4%
5 September: 8.7%
6 March: 8.3%
RankMonth Percentage of Applications
7 July: 7.9%
8 February: 7.5%
9 August: 7.5%
10 November: 5.4%
11 October: 5.4%
12 December: 4.2%

Busy Days for Mortgages Received within Lethbridge

The information listed below plots the busy days for online inquiries that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Lethbridge, the day with the most volume, having more than 18.67% of all applications, is Thursday. In comparison, Sunday's are the slowest day with only 7.47% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Thursday: 18.7%
2: Tuesday: 17.8%
3: Monday: 17.0%
4: Friday: 15.4%
5: Wednesday: 14.5%
6: Saturday: 9.1%
7: Sunday: 7.5%
Busy Days Report for Lethbridge Mortgages

Peak Hours for Mortgage Applicants within Lethbridge

Lethbridge mortgage applications are received 24 hours a day on the CanEquity web site. The statistics shown below indicates the rush hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Lethbridge
TimePeriod (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: 5.8%
9AM 09:00 to 09:59: 4.6%
10AM 10:00 to 10:59: 6.6%
11AM 11:00 to 11:59: 6.2%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.7%
1PM 13:00 to 13:59: 6.2%
2PM 14:00 to 14:59: 7.5%
3PM 15:00 to 15:59: 6.6%
4PM 16:00 to 16:59: 6.6%
5PM 17:00 to 17:59: 6.2%
6PM 18:00 to 18:59: 7.9%
7PM 19:00 to 19:59: 6.6%
8PM 20:00 to 20:59: 5.4%
9PM 21:00 to 21:59: 3.3%
10PM 22:00 to 22:59: 5.0%
11PM 23:00 to 23:59: 3.7%

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.83%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.31%
Northwest Territories: 0.48%
Nunavut: 0.10%
Ontario: 47.68%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.03%
Yukon: 0.48%

Current City Standing within Alberta

RankLocation Contribution
1:CALGARY, AB 6.769%
2:EDMONTON, AB 4.362%
3:FORT MCMURRAY, AB 0.639%
4:RED DEER, AB 0.636%
5:LETHBRIDGE, AB 0.428%
6:SHERWOOD PARK, AB 0.385%
7:GRANDE PRAIRIE, AB 0.350%
8:ST ALBERT, AB 0.305%
9:AIRDRIE, AB 0.284%
10:MEDICINE HAT, AB 0.284%


Age Demographics for Lethbridge Applicants

Average age: 38
Oldest age: 78
Youngest age: 19


Incomes for Lethbridge Applicants

The numbers below represent the average income of applicants living in Lethbridge who have applied for a home loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Lethbridge: $54,709.59
applicants within all of Canada: $60,593.10
Difference: ($5,883.51)
  
mortgage co-applicants in Lethbridge: $33,299.47
co-applicants within all of Canada: $43,761.59
Difference: ($10,462.11)

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

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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 Buyer29.93%
Mortgage Pre-approval17.35%
New Purchase14.63%
Mortgage Renewal12.24%
No Money Down discontinued11.22%
Refinance/Consolidate Debt9.18%
Other5.44%
 
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