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Monthly Volume History for Mortgages Originating from Montreal

The following bar graph displays the individual monthly volume history for Internet applications received from Montreal, QC.


Monthly Volume Report for Montreal Mortgages

Busy Months for Mortgage Applications within Montreal

The graph below illustrates the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Montreal seem to occur during our first quarter (represented by the brown bars) with 34.34% while our slowest is the fourth quarter (represented by the red bars) with 18.57%.

Busy Months Report for Montreal Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 13.4%
2 January: 10.8%
3 April: 10.8%
4 February: 10.2%
5 May: 9.3%
6 November: 7.8%
RankMonth Percentage of Applications
7 June: 7.3%
8 September: 6.9%
9 July: 6.7%
10 October: 6.3%
11 August: 6.0%
12 December: 4.5%

Busy Days for Mortgages within Montreal

The information below compares the busy days for Internet applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Montreal the busiest day of the week, with 22.46% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 9.07% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 22.5%
2: Thursday: 17.1%
3: Tuesday: 14.5%
4: Friday: 14.3%
5: Wednesday: 12.5%
6: Sunday: 10.2%
7: Saturday: 9.1%
Busy Days Report for Montreal Mortgages

Peak Hours for Mortgage Applicants within Montreal

Applications are received 24 hours a day on the CanEquity web site. The information shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Montreal
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.5%
1AM 01:00 to 01:59: 0.6%
2AM 02:00 to 02:59: 0.6%
3AM 03:00 to 03:59: 0.4%
4AM 04:00 to 04:59: 0.4%
5AM 05:00 to 05:59: 1.3%
6AM 06:00 to 06:59: 2.2%
7AM 07:00 to 07:59: 4.3%
8AM 08:00 to 08:59: 6.3%
9AM 09:00 to 09:59: 7.3%
10AM 10:00 to 10:59: 6.7%
11AM 11:00 to 11:59: 7.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.6%
1PM 13:00 to 13:59: 7.3%
2PM 14:00 to 14:59: 7.1%
3PM 15:00 to 15:59: 5.8%
4PM 16:00 to 16:59: 2.8%
5PM 17:00 to 17:59: 3.0%
6PM 18:00 to 18:59: 7.1%
7PM 19:00 to 19:59: 5.0%
8PM 20:00 to 20:59: 5.8%
9PM 21:00 to 21:59: 4.5%
10PM 22:00 to 22:59: 2.6%
11PM 23:00 to 23:59: 2.2%

Quebec 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 Quebec

RankLocation Contribution
1:MONTREAL, QC 0.822%
2:GATINEAU, QC 0.449%
3:LAVAL, QC 0.211%
4:DOLLARD-DES-ORMEAUX, QC 0.115%
5:BROSSARD, QC 0.101%
6:PIERREFONDS, QC 0.098%


Age Demographics for Montreal Mortgage Applicants

Average age: 38
Oldest age: 78
Youngest age: 21


Incomes for Montreal Mortgage Applicants

The amounts shown below represent the average income of applicants living in Montreal who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Montreal: $65,392.39
applicants within all of Canada: $60,593.10
Difference: $4,799.29
  
mortgage co-applicants in Montreal: $46,562.07
co-applicants within all of Canada: $43,761.59
Difference: $2,800.48

Note: Commercial Mortgages were not included for this report, only residential mortgages 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 Etobicoke.

Mortgage Product Type Inquiries
First-time Home Buyer29.93%
Mortgage Pre-approval17.35%
New Purchase14.63%
Mortgage Renewal12.24%
No Money Down discontinued11.22%
Refinance/Consolidate Debt9.18%
Other5.44%