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Monthly Volume History for Mortgage Applications from Ottawa

The graph below displays our website's individual monthly volume history for Internet mortgage pre-approval applications sent from Ottawa, ON.


Monthly Volume Report for Ottawa Mortgages

Busy Months for Mortgages Received within Ottawa

This graph displays the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Ottawa occur during our first quarter (represented by the brown bars) with 30.73% while our slowest is the fourth quarter (represented by the red bars) with 16.36%.

Busy Months Report for Ottawa Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 11.5%
2 March: 11.3%
3 July: 9.9%
4 January: 9.8%
5 February: 9.6%
6 May: 9.1%
RankMonth Percentage of Applications
7 June: 8.1%
8 August: 7.9%
9 September: 6.5%
10 October: 6.2%
11 November: 5.2%
12 December: 5.1%

Busy Days for Mortgages within Ottawa

The bar graph below illustrates the busy days for online mortgage applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Ottawa, the day with the most volume, having more than 20.85% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.97% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 20.9%
2: Tuesday: 16.9%
3: Thursday: 14.9%
4: Wednesday: 14.8%
5: Friday: 12.6%
6: Sunday: 11.0%
7: Saturday: 9.0%
Busy Days Report for Ottawa Mortgages

Peak Hours for Applicants within Ottawa

Mortgage applications are received 24 hours a day via the CanEquity web site. The report shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 39.2% of all mortgages are received during the morning, while 59.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Ottawa
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.5%
1AM 01:00 to 01:59: 0.3%
2AM 02:00 to 02:59: 0.2%
3AM 03:00 to 03:59: 0.2%
4AM 04:00 to 04:59: 0.7%
5AM 05:00 to 05:59: 1.2%
6AM 06:00 to 06:59: 3.2%
7AM 07:00 to 07:59: 6.5%
8AM 08:00 to 08:59: 6.8%
9AM 09:00 to 09:59: 6.9%
10AM 10:00 to 10:59: 6.4%
11AM 11:00 to 11:59: 7.4%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.2%
1PM 13:00 to 13:59: 5.7%
2PM 14:00 to 14:59: 6.2%
3PM 15:00 to 15:59: 5.2%
4PM 16:00 to 16:59: 5.4%
5PM 17:00 to 17:59: 5.6%
6PM 18:00 to 18:59: 4.9%
7PM 19:00 to 19:59: 5.3%
8PM 20:00 to 20:59: 6.1%
9PM 21:00 to 21:59: 4.2%
10PM 22:00 to 22:59: 1.7%
11PM 23:00 to 23:59: 1.0%

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%


Age Demographics for Ottawa Originated Mortgages

Average age: 37
Oldest age: 77
Youngest age: 19


Incomes for Ottawa Originated Mortgages

The following depicts the average income of people living in Ottawa who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Ottawa: $65,131.43
applicants within all of Canada: $60,593.10
Difference: $4,538.33
  
mortgage co-applicants in Ottawa: $48,926.85
co-applicants within all of Canada: $43,761.59
Difference: $5,165.26

Note: Commercial Mortgages were not included for this section, only residential mortgage loans were used.

Mortgage Calculator
Use our online mortgage calculator to find out exactly how many payments you will need to make to pay off your house. We will summarize all of the important details over the term and amortization of your mortgage. Also, try our qualification calculator to help you calculate how much you can afford.
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Langley.

Mortgage Product Type Inquiries
Mortgage Pre-approval24.80%
Refinance/Consolidate Debt18.40%
Mortgage Renewal12.80%
New Purchase12.80%
First-time Home Buyer12.00%
No Money Down discontinued6.40%
Other12.8%
 
Did you know? The average home loan in Penetanguishene is: Discover many more facts and statistics exclusively here at CanEquity Mortgage.
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