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Monthly Volume History for Mortgages from Kitchener

The 6-year bar graph below displays our website's individual monthly volume history for Internet applications from Kitchener, ON.


Monthly Volume Report for Kitchener Mortgages

Busy Months for Online Mortgages within Kitchener

This graph shows the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Kitchener happen to occur during our first quarter (represented by the brown bars) with 28.40% while our slowest is the fourth quarter (represented by the red bars) with 21.17%.

Busy Months Report for Kitchener Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 10.8%
2 January: 10.5%
3 April: 10.3%
4 May: 9.1%
5 September: 9.1%
6 November: 8.8%
RankMonth Percentage of Applications
7 June: 8.3%
8 October: 7.8%
9 August: 7.4%
10 February: 7.1%
11 July: 6.2%
12 December: 4.7%

Busy Days for Mortgage Applications within Kitchener

The information below compares the busy days for Internet applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Kitchener the busiest day, with approximately 19.45% of all submissions, is Tuesday. In comparison, Sunday's are the slowest day with only 9.47% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 19.4%
2: Thursday: 17.7%
3: Monday: 16.2%
4: Wednesday: 14.5%
5: Friday: 12.4%
6: Saturday: 10.3%
7: Sunday: 9.5%
Busy Days Report for Kitchener Mortgages

Peak Hours for Mortgage Applicants within Kitchener

Kitchener mortgage applications are received 24 hours a day via our web site. The statistics 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 Kitchener
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.9%
1AM 01:00 to 01:59: 0.9%
2AM 02:00 to 02:59: 0.7%
3AM 03:00 to 03:59: 0.5%
4AM 04:00 to 04:59: 0.9%
5AM 05:00 to 05:59: 1.0%
6AM 06:00 to 06:59: 2.1%
7AM 07:00 to 07:59: 5.0%
8AM 08:00 to 08:59: 6.2%
9AM 09:00 to 09:59: 6.9%
10AM 10:00 to 10:59: 6.2%
11AM 11:00 to 11:59: 7.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.7%
1PM 13:00 to 13:59: 6.0%
2PM 14:00 to 14:59: 7.4%
3PM 15:00 to 15:59: 7.2%
4PM 16:00 to 16:59: 4.6%
5PM 17:00 to 17:59: 5.7%
6PM 18:00 to 18:59: 5.7%
7PM 19:00 to 19:59: 5.3%
8PM 20:00 to 20:59: 5.5%
9PM 21:00 to 21:59: 3.6%
10PM 22:00 to 22:59: 1.9%
11PM 23:00 to 23:59: 2.1%

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
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%
12:GUELPH, ON 0.698%


Age Demographics for Kitchener Mortgage Applicants

Average age: 37
Oldest age: 78
Youngest age: 19


Incomes for Kitchener Mortgage Applicants

The following depicts the average income of applicants living in Kitchener who have applied for a mortgage loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Kitchener: $56,564.64
applicants within all of Canada: $60,593.10
Difference: ($4,028.47)
  
mortgage co-applicants in Kitchener: $45,539.76
co-applicants within all of Canada: $43,761.59
Difference: $1,778.17

Note: Commercial loans were not included for this report, only home loans 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 Leduc.

Mortgage Product Type Inquiries
Mortgage Pre-approval25.76%
New Purchase18.18%
First-time Home Buyer16.67%
Refinance/Consolidate Debt13.64%
No Money Down discontinued12.12%
Mortgage Renewal9.09%
Other4.56%
 
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