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Busy Months for Mortgage Applications within Corner Brook

The graph below depicts the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Corner Brook mostly 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 Mortgages within Corner Brook

The information below illustrates the busy days for mortgage inquiries that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Corner Brook, the day with the most volume, generating 22.86% of all inquiries, 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 Mortgages within Corner Brook

Mortgage inquiries are received 24 hours a day via the CanEquity web site. The information shown below indicates the peak hours in the day. 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: 20.83%
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 Newfoundland and Labrador

RankLocation Contribution
1:ST JOHN'S, NL 0.291%
2:CORNER BROOK, NL 0.124%
3:MOUNT PEARL, NL 0.089%
4:PARADISE, NL 0.051%
5:CONCEPTION BAY SOUTH, NL 0.048%
6:GRAND FALLS-WINDSOR, NL 0.046%
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 applicants living in Corner Brook who have submitted an inquiry 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: $60,593.10
Difference: ($11,177.77)
  
mortgage co-applicants in Corner Brook: $37,034.05
co-applicants within all of Canada: $43,761.59
Difference: ($6,727.53)

Note: Commercial Mortgages were not included for this section, only residential mortgage loan amounts from Corner Brook, Newfoundland and Labrador were used.

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