Filed under: Total national contribution Tagged Comparison, Estimated, information, Mortgage Applications, Ontario, Ontario mortgages, Sandy Hutchens, These values, Total national contribution, Volume Comparison
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Yearly Volume Comparison for Mortgage Applications from Ontario
| Year | Volume Comparison |
** National Contribution |
|---|---|---|
| 2009: | * 13.08% | * 6.40% |
| 2008: | 15.78% | 7.72% |
| 2007: | 14.30% | 7.00% |
| 2006: | 14.65% | 7.17% |
| 2005: | 13.30% | 6.50% |
| 2004: | 12.69% | 6.21% |
| 2003: | 10.88% | 5.33% |
| 2002: | 5.32% | 2.60% |
Monthly Volume History of Mortgage Applications from Ontario
The graph below illustrates the individual monthly volume history for Internet applications received from Ontario.
Busy Months for Mortgages in Ontario
The 6-year bar graph below represents the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our first quarter (represented by the brown bars) with 30.21% while our slowest is the fourth quarter (represented by the red bars) with 17.51%.
| Rank | Month | Percentage of Inquiries |
|
|---|---|---|---|
| 1: | March: | 11.1% | |
| 2: | April: | 10.5% | |
| 3: | May: | 9.9% | |
| 4: | January: | 9.7% | |
| 5: | February: | 9.5% | |
| 6: | July: | 9.2% | |
| 7: | June: | 8.5% | |
| 8: | August: | 7.2% | |
| 9: | September: | 7.0% | |
| 10: | October: | 6.8% | |
| 11: | November: | 6.0% | |
| 12: | December: | 4.7% |
Busy Days for Mortgages in Ontario
The bar graph listed below displays the busy days for online inquiries that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Ontario the most busy day of the week, with 18.11% of all applications, is Monday. In comparison, Saturday’s are the slowest day with only 9.15% of all inquiries.
| Rank | Day of the Week |
Percentage of Inquiries |
|
|---|---|---|---|
| 1: | Monday: | 18.1% | |
| 2: | Tuesday: | 18.1% | |
| 3: | Wednesday: | 16.6% | |
| 4: | Thursday: | 15.0% | |
| 5: | Friday: | 12.2% | |
| 6: | Sunday: | 10.9% | |
| 7: | Saturday: | 9.2% |
Peak Hours for Ontario Mortgage Applications
Applications are received 24 hours a day via the CanEquity web site. The information 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 before noon, while 39.7% arrive in the afternoon.
| Time Period (24 Hour) |
Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.7% |
| 01:00 to 01:59: | 0.4% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.4% |
| 04:00 to 04:59: | 0.7% |
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 2.9% |
| 07:00 to 07:59: | 5.0% |
| 08:00 to 08:59: | 6.5% |
| 09:00 to 09:59: | 7.1% |
| 10:00 to 10:59: | 7.5% |
| 11:00 to 11:59: | 7.2% |
| 12:00 to 12:59: | 7.0% |
| 13:00 to 13:59: | 6.9% |
| 14:00 to 14:59: | 6.5% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 5.0% |
| 17:00 to 17:59: | 5.5% |
| 18:00 to 18:59: | 6.0% |
| 19:00 to 19:59: | 5.7% |
| 20:00 to 20:59: | 5.1% |
| 21:00 to 21:59: | 3.7% |
| 22:00 to 22:59: | 2.1% |
| 23:00 to 23:59: | 1.3% |
Ontario Mortgage Originations Compared to all other Provinces
| Online Mortgage Origination for the Province of |
Percentage in Comparison |
|---|---|
| Alberta: | 43.5% |
| British Columbia: | 22.4% |
| Manitoba: | 4.3% |
| New Brunswick: | 4.2% |
| Newfoundland and Labrador: | 2.3% |
| Nova Scotia: | 5.8% |
| Northwest Territories: | 0.6% |
| Nunavut: | 0.2% |
| Ontario: | 100.0% |
| Prince Edward Island: | 0.8% |
| Quebec: | 7.9% |
| Saskatchewan: | 10.6% |
| Yukon Territories: | 0.5% |
