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Life InsuranceVariable closed: 2.60% 1 year closed: 2.74% 3 year closed: 2.59% 5 year closed: 3.04% 10 year special: 3.58% 
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Busy Days for Mortgage Inquiries within Port Elgin
The graph below shows the busy days for Internet 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 Port Elgin the busiest day, with approximately 19.23% of all inquiries, is Monday. In comparison, Thursday's are the slowest day with only 3.85% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1: | Monday: | 19.2% |
| 2: | Tuesday: | 19.2% |
| 3: | Friday: | 19.2% |
| 4: | Saturday: | 15.4% |
| 5: | Wednesday: | 11.5% |
| 6: | Sunday: | 11.5% |
| 7: | Thursday: | 3.9% |
Peak Hours for Mortgage Applicants within Port Elgin
In Port Elgin, applications are received 24 hours a day via our web site. The graph shown below indicates the peak hours in the day. The data is taken from all days of all years.
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| 12AM | 00:00 to 00:59: | 7.7% |
| 1AM | 01:00 to 01:59: | 0% |
| 2AM | 02:00 to 02:59: | 0% |
| 3AM | 03:00 to 03:59: | 0% |
| 4AM | 04:00 to 04:59: | 3.8% |
| 5AM | 05:00 to 05:59: | 3.8% |
| 6AM | 06:00 to 06:59: | 3.8% |
| 7AM | 07:00 to 07:59: | 3.8% |
| 8AM | 08:00 to 08:59: | 7.7% |
| 9AM | 09:00 to 09:59: | 7.7% |
| 10AM | 10:00 to 10:59: | 11.5% |
| 11AM | 11:00 to 11:59: | 7.7% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 3.8% |
| 1PM | 13:00 to 13:59: | 7.7% |
| 2PM | 14:00 to 14:59: | 3.8% |
| 3PM | 15:00 to 15:59: | 0% |
| 4PM | 16:00 to 16:59: | 11.5% |
| 5PM | 17:00 to 17:59: | 3.8% |
| 6PM | 18:00 to 18:59: | 0% |
| 7PM | 19:00 to 19:59: | 11.5% |
| 8PM | 20:00 to 20:59: | 0% |
| 9PM | 21:00 to 21:59: | 0% |
| 10PM | 22:00 to 22:59: | 0% |
| 11PM | 23:00 to 23:59: | 0% |
Ontario 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: | 47.82% |
| Prince Edward Island: | 0.51% |
| Quebec: | 3.96% |
| Saskatchewan: | 5.00% |
| Yukon: | 0.48% |
Current City Standing within Ontario
| Rank | Location | Contribution |
|---|---|---|
| 135: | PRESCOTT, ON | 0.050% |
| 136: | CHELMSFORD, ON | 0.048% |
| 137: | GRAVENHURST, ON | 0.048% |
| 138: | FRANKFORD, ON | 0.048% |
| 139: | ROCKLAND, ON | 0.047% |
| 140: | PORT ELGIN, ON | 0.047% |
| 141: | BORDEN, ON | 0.047% |
| 142: | ESPANOLA, ON | 0.047% |
| 143: | BLENHEIM, ON | 0.045% |
| 144: | PEFFERLAW, ON | 0.045% |
| 145: | NIAGARA ON THE LAKE, ON | 0.045% |
Nearest Settlements
| 1 | Allenford, Ontario |
| 2 | Kincardine, Ontario |
| 3 | Desboro, Ontario |
| 4 | Lions Head, Ontario |
| 5 | Tiverton, Ontario |
| 6 | Hepworth, Ontario |
| 7 | Wiarton, Ontario |
| 8 | Paisley, Ontario |
| 9 | Shallow Lake, Ontario |
| 10 | Owen Sound, Ontario |
| 11 | Ripley, Ontario |
| 12 | Elmwood, Ontario |
| 13 | Tobermory, Ontario |
| 14 | Cargill, Ontario |
| 15 | Chepstow, Ontario |
| 16 | Chesley, Ontario |
| 17 | Walton, Ontario |
| 18 | Walkerton, Ontario |
| 19 | Brockton, Ontario |
| 20 | Wingham, Ontario |
Age Demographics for Port Elgin Mortgages
Average age: 38
Oldest age: 61
Youngest age: 20
Incomes for Port Elgin Mortgages
The following depicts the average income of Canadians living in Port Elgin who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Elgin: | $68,030.48 |
| applicants within all of Canada: | $60,503.19 |
| Difference: | $7,527.29 |
| mortgage co-applicants in Port Elgin: | $37,812.50 |
| co-applicants within all of Canada: | $43,699.18 |
| Difference: | ($5,886.68) |
Note: Commercial Mortgage loans were not included for this report, only residential mortgage loans from Port Elgin, Ontario were used.
Mortgage Payments Calculator
A different down payment amount can make the difference between buying a house and buying your dream house. Our mortgage calculator can show you how a change in your down payment amount can affect how much you pay in interest, either saving you thousands or giving you the room to buy that house you've always wanted. 
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We offer Canadians some of the best mortgage rates available on the market. Contact our brokerage today and see why we are the top choice for online mortgages in Canada.
Did you know? The average home loan in Stouffville is:
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