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Monthly Volume History for Online Mortgages from Hamilton

The following illustrates the individual monthly volume history for Internet pre-approval applications submitted from Hamilton, ON.


Monthly Volume Report for Hamilton Mortgages

Busy Months for Mortgages within Hamilton

This bar graph represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Hamilton seem to occur during our first quarter (represented by the brown bars) with 31.56% while our slowest is the fourth quarter (represented by the red bars) with 17.90%.

Busy Months Report for Hamilton Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 February: 11.9%
2 January: 9.9%
3 March: 9.8%
4 June: 9.7%
5 April: 9.3%
6 May: 8.2%
RankMonth Percentage of Applications
7 September: 8.0%
8 August: 7.9%
9 July: 7.5%
10 October: 7.0%
11 November: 6.5%
12 December: 4.3%

Busy Days for Online Applications within Hamilton

The graph listed below shows the busy days for Internet mortgage applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Hamilton the busiest day of the week, with 17.29% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 8.34% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 17.3%
2: Wednesday: 16.2%
3: Monday: 16.0%
4: Thursday: 15.7%
5: Sunday: 13.7%
6: Friday: 12.8%
7: Saturday: 8.3%
Busy Days Report for Hamilton Mortgages

Peak Hours for Applicants within Hamilton

In Hamilton, mortgages are received 24 hours a day from the CanEquity web site. The graph 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 Hamilton
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.7%
1AM 01:00 to 01:59: 0.7%
2AM 02:00 to 02:59: 0.1%
3AM 03:00 to 03:59: 0.4%
4AM 04:00 to 04:59: 0.8%
5AM 05:00 to 05:59: 1.6%
6AM 06:00 to 06:59: 2.7%
7AM 07:00 to 07:59: 5.0%
8AM 08:00 to 08:59: 5.7%
9AM 09:00 to 09:59: 6.0%
10AM 10:00 to 10:59: 6.7%
11AM 11:00 to 11:59: 4.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.6%
1PM 13:00 to 13:59: 6.8%
2PM 14:00 to 14:59: 8.2%
3PM 15:00 to 15:59: 4.2%
4PM 16:00 to 16:59: 6.4%
5PM 17:00 to 17:59: 4.8%
6PM 18:00 to 18:59: 6.7%
7PM 19:00 to 19:59: 6.5%
8PM 20:00 to 20:59: 6.2%
9PM 21:00 to 21:59: 3.6%
10PM 22:00 to 22:59: 2.2%
11PM 23:00 to 23:59: 0.8%

Ontario 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 Ontario

RankLocation Contribution
1:TORONTO, ON 4.415%
2:MISSISSAUGA, ON 2.384%
3:OTTAWA, ON 2.137%
4:LONDON, ON 1.500%
5:BRAMPTON, ON 1.486%
6:HAMILTON, ON 1.468%
7:KITCHENER, ON 1.031%
8:SCARBOROUGH, ON 0.857%
9:WINDSOR, ON 0.788%
10:BARRIE, ON 0.776%
11:BURLINGTON, ON 0.762%


Age Demographics for Hamilton Mortgage Applicants

Average age: 37
Oldest age: 86
Youngest age: 19


Incomes for Hamilton Mortgage Applicants

The numbers below represent the average income of people living in Hamilton who have applied for a loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Hamilton: $51,927.98
applicants within all of Canada: $60,593.10
Difference: ($8,665.13)
  
mortgage co-applicants in Hamilton: $38,004.66
co-applicants within all of Canada: $43,761.59
Difference: ($5,756.93)

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

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