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Peak Hours for Mortgages within Stratford

Mortgage inquiries are received 24 hours a day from the CanEquity web site. The graph shown below represents the busy hours in the day. The data is taken from all days of all years. Only 0.0% of all mortgages are received during the morning, while 50.0% arrive in the afternoon.


Peak Hours Graph for Mortgages in Stratford
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 5.0%
1AM 01:00 to 01:59: 5.0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 5.0%
5AM 05:00 to 05:59: 5.0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 5.0%
9AM 09:00 to 09:59: 0%
10AM 10:00 to 10:59: 15.0%
11AM 11:00 to 11:59: 0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 0%
1PM 13:00 to 13:59: 10.0%
2PM 14:00 to 14:59: 5.0%
3PM 15:00 to 15:59: 10.0%
4PM 16:00 to 16:59: 15.0%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 15.0%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 5.0%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

Prince Edward Island Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.67%
British Columbia: 10.41%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.32%
Northwest Territories: 0.47%
Nunavut: 0.10%
Ontario: 47.86%
Prince Edward Island: 0.51%
Quebec: 3.97%
Saskatchewan: 5.00%
Yukon: 0.48%

Current City Standing within Prince Edward Island

RankLocation Contribution
1:CHARLOTTETOWN, PE 0.195%
2:SUMMERSIDE, PE 0.039%
3:STRATFORD, PE 0.036%
4:CORNWALL, PE 0.032%
5:MONTAGUE, PE 0.023%
6:SOURIS, PE 0.020%
7:O'LEARY, PE 0.018%
8:KENSINGTON, PE 0.014%


Age Demographics for Stratford Applicants

Average age: 39
Oldest age: 63
Youngest age: 28


Incomes for Stratford Applicants

The following figures show the average income of Canadians living in Stratford who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Stratford: $56,278.95
applicants within all of Canada: $60,490.19
Difference: ($4,211.24)
  
mortgage co-applicants in Stratford: $60,300.00
co-applicants within all of Canada: $43,700.44
Difference: $16,599.56

Note: Commercial loans were not included for this survey, only residential mortgage loan amounts from Stratford, Prince Edward Island 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 Stratford.

Mortgage Product Type Inquiries
No Money Down discontinued22.78%
Refinance/Consolidate Debt20.25%
First-time Home Buyer16.46%
Mortgage Pre-approval13.92%
Mortgage Renewal8.86%
New Purchase7.59%
Other10.14%
 
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