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The graph below depicts the individual monthly volume history for Internet mortgage applications from Windsor, ON.
The 6-year bar graph below shows the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Windsor mostly occur during our first quarter (represented by the brown bars) with 32.73% while our slowest is the fourth quarter (represented by the red bars) with 16.03%.
Rankings for Busy Mortgage Months
| Rank | Month | | Percentage of Applications |
|---|
| 1 | March: | | 11.7% |
| 2 | February: | | 11.1% |
| 3 | January: | | 9.9% |
| 4 | April: | | 9.5% |
| 5 | July: | | 9.0% |
| 6 | August: | | 8.8% |
| Rank | Month | | Percentage of Applications |
|---|
| 7 | May: | | 8.6% |
| 8 | June: | | 8.1% |
| 9 | September: | | 7.2% |
| 10 | October: | | 6.8% |
| 11 | November: | | 5.6% |
| 12 | December: | | 3.6% |
The information below plots the busy days for mortgage applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Windsor the busiest day, with 18.06% of all applications, is Wednesday. In comparison, Sunday's are the slowest day with only 8.80% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|
| 1: | Wednesday: | 18.1% |
| 2: | Tuesday: | 17.4% |
| 3: | Monday: | 17.2% |
| 4: | Friday: | 14.4% |
| 5: | Thursday: | 14.4% |
| 6: | Saturday: | 9.7% |
| 7: | Sunday: | 8.8% |
Mortgage inquiries are received 24 hours a day on the CanEquity web site. The following indicates the rush hours within a 24-hour period. The data is taken from all days of all years. Only 34.1% of all mortgages are received before noon, while 64.1% arrive in the afternoon.
| Time | Period (24 Hour) | Percentage
of Applications |
|---|
| 12AM | 00:00 to 00:59: | 0.5%
|
| 1AM | 01:00 to 01:59: | 1.1%
|
| 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: | 1.8%
|
| 6AM | 06:00 to 06:59: | 2.7%
|
| 7AM | 07:00 to 07:59: | 4.7%
|
| 8AM | 08:00 to 08:59: | 6.1%
|
| 9AM | 09:00 to 09:59: | 5.4%
|
| 10AM | 10:00 to 10:59: | 5.9%
|
| 11AM | 11:00 to 11:59: | 6.5%
|
| Time | Period (24 Hour) | Percentage
of Applications |
|---|
| Lunch | 12:00 to 12:59: | 8.8%
|
| 1PM | 13:00 to 13:59: | 7.2%
|
| 2PM | 14:00 to 14:59: | 5.2%
|
| 3PM | 15:00 to 15:59: | 5.0%
|
| 4PM | 16:00 to 16:59: | 7.0%
|
| 5PM | 17:00 to 17:59: | 5.9%
|
| 6PM | 18:00 to 18:59: | 6.8%
|
| 7PM | 19:00 to 19:59: | 5.0%
|
| 8PM | 20:00 to 20:59: | 5.4%
|
| 9PM | 21:00 to 21:59: | 3.8%
|
| 10PM | 22:00 to 22:59: | 2.3%
|
| 11PM | 23:00 to 23:59: | 1.8%
|
| Rank | Location | Contribution |
|---|
| 4: | LONDON, ON | 1.508% |
| 5: | BRAMPTON, ON | 1.490% |
| 6: | HAMILTON, ON | 1.472% |
| 7: | KITCHENER, ON | 1.038% |
| 8: | SCARBOROUGH, ON | 0.859% |
| 9: | WINDSOR, ON | 0.794% |
| 10: | BARRIE, ON | 0.782% |
| 11: | BURLINGTON, ON | 0.762% |
| 12: | GUELPH, ON | 0.703% |
| 13: | OAKVILLE, ON | 0.656% |
| 14: | CAMBRIDGE, ON | 0.640% |
Average age: 36
Oldest age: 76
Youngest age: 20
The following figures show the average income of people living in Windsor who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|
| mortgage applicants in Windsor: | $56,641.49 |
| applicants within all of Canada: | $60,490.19 |
| Difference: | ($3,848.70) |
| | |
| mortgage co-applicants in Windsor: | $41,634.80 |
| co-applicants within all of Canada: | $43,700.44 |
| Difference: | ($2,065.64) |
Note: Commercial loan amounts were not included for this survey, only residential mortgages from Windsor, Ontario were used.
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