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Busy Months for Mortgage Applications within Corner Brook

The 6-year bar graph below displays the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Corner Brook occur during our third quarter (represented by the blue bars) with 34.29% while our slowest is the fourth quarter (represented by the red bars) with 14.29%.

Busy Months Report for Corner Brook Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 11.4%
2 July: 11.4%
3 August: 11.4%
4 September: 11.4%
5 May: 10.0%
6 February: 10.0%
RankMonth Percentage of Applications
7 January: 7.1%
8 March: 7.1%
9 December: 5.7%
10 June: 5.7%
11 November: 4.3%
12 October: 4.3%

Busy Days for Online Mortgages within Corner Brook

The bar graph below shows the busy days for mortgage inquiries that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Corner Brook the busiest day, with approximately 22.86% of all submissions, is Wednesday. In comparison, Thursday's are the slowest day with only 8.57% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Wednesday: 22.9%
2: Tuesday: 15.7%
3: Monday: 14.3%
4: Sunday: 14.3%
5: Saturday: 14.3%
6: Friday: 10.0%
7: Thursday: 8.6%
Busy Days Report for Corner Brook Mortgages

Peak Hours for Originated Mortgages within Corner Brook

In Corner Brook, inquiries are received 24 hours a day on the CanEquity web site. The time periods below indicates the busy hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Corner Brook
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: 1.4%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 1.4%
5AM 05:00 to 05:59: 4.3%
6AM 06:00 to 06:59: 1.4%
7AM 07:00 to 07:59: 5.7%
8AM 08:00 to 08:59: 5.7%
9AM 09:00 to 09:59: 5.7%
10AM 10:00 to 10:59: 2.9%
11AM 11:00 to 11:59: 8.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 10.0%
1PM 13:00 to 13:59: 5.7%
2PM 14:00 to 14:59: 5.7%
3PM 15:00 to 15:59: 10.0%
4PM 16:00 to 16:59: 1.4%
5PM 17:00 to 17:59: 5.7%
6PM 18:00 to 18:59: 10.0%
7PM 19:00 to 19:59: 8.6%
8PM 20:00 to 20:59: 4.3%
9PM 21:00 to 21:59: 1.4%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

Newfoundland and Labrador Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.70%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.32%
Northwest Territories: 0.47%
Nunavut: 0.10%
Ontario: 47.83%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.00%
Yukon: 0.48%

Current City Standing within Newfoundland and Labrador

RankLocation Contribution
1:ST JOHN'S, NL 0.290%
2:CORNER BROOK, NL 0.125%
3:MOUNT PEARL, NL 0.088%
4:PARADISE, NL 0.052%
5:CONCEPTION BAY SOUTH, NL 0.048%
6:GRAND FALLS-WINDSOR, NL 0.047%
7:GANDER, NL 0.034%


Age Demographics for Corner Brook Mortgages

Average age: 37
Oldest age: 66
Youngest age: 21


Incomes for Corner Brook Mortgages

The amounts shown below represent the average income of Canadians living in Corner Brook who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Corner Brook: $49,415.33
applicants within all of Canada: $60,501.99
Difference: ($11,086.67)
  
mortgage co-applicants in Corner Brook: $37,034.05
co-applicants within all of Canada: $43,698.66
Difference: ($6,664.60)

Note: Commercial Mortgages were not included for this report, only residential loans amounts from Corner Brook, Newfoundland and Labrador 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 Grande Prairie.

Mortgage Product Type Inquiries
Mortgage Pre-approval24.48%
First-time Home Buyer19.79%
No Money Down discontinued15.63%
Refinance/Consolidate Debt14.58%
New Purchase10.94%
Mortgage Renewal6.77%
Other7.8%