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Busy Months for Mortgages in Ontario

The bar graph below shows the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages occur during our first quarter (represented by the brown bars) with 30.44% while our slowest is the fourth quarter (represented by the red bars) with 18.50%.

Busy Months Report for Ontario Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 10.9%
2 January: 10.0%
3 April: 9.8%
4 February: 9.6%
5 May: 9.3%
6 July: 8.3%
RankMonth Percentage of Applications
7 June: 8.2%
8 August: 7.9%
9 September: 7.5%
10 October: 7.4%
11 November: 6.4%
12 December: 4.7%

Busy Days for Mortgages in Ontario

The information below displays the busy days for Internet mortgage applications that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Ontario the busiest day, with approximately 18.11% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 9.37% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 18.1%
2: Tuesday: 17.9%
3: Wednesday: 16.7%
4: Thursday: 14.7%
5: Friday: 12.1%
6: Sunday: 11.1%
7: Saturday: 9.4%
Busy Days Report for Ontario Mortgages

Peak Hours for Ontario Mortgage Applications

In Ontario, mortgages are received 24 hours a day from our web site. The following indicates the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Ontario
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.7%
1AM 01:00 to 01:59: 0.4%
2AM 02:00 to 02:59: 0.3%
3AM 03:00 to 03:59: 0.4%
4AM 04:00 to 04:59: 0.7%
5AM 05:00 to 05:59: 1.5%
6AM 06:00 to 06:59: 3.0%
7AM 07:00 to 07:59: 4.9%
8AM 08:00 to 08:59: 6.5%
9AM 09:00 to 09:59: 7.2%
10AM 10:00 to 10:59: 7.4%
11AM 11:00 to 11:59: 7.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.2%
1PM 13:00 to 13:59: 6.8%
2PM 14:00 to 14:59: 6.5%
3PM 15:00 to 15:59: 5.3%
4PM 16:00 to 16:59: 5.0%
5PM 17:00 to 17:59: 5.4%
6PM 18:00 to 18:59: 6.0%
7PM 19:00 to 19:59: 5.5%
8PM 20:00 to 20:59: 5.0%
9PM 21:00 to 21:59: 3.5%
10PM 22:00 to 22:59: 2.1%
11PM 23:00 to 23:59: 1.2%

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage in Comparison
Alberta: 43.7%
British Columbia: 21.8%
Manitoba: 4.2%
New Brunswick: 5.3%
Newfoundland and Labrador: 2.7%
Nova Scotia: 6.9%
Northwest Territories: 1.0%
Nunavut: 0.2%
Ontario: 100.0%
Prince Edward Island: 1.1%
Quebec: 8.3%
Saskatchewan: 10.5%
Yukon: 1.0%

Top Producing Cities / Towns for Mortgages in Ontario

Rank City or Town within
the province of Ontario
Percentage
of Inquiries
Avg
Age
Average
Income
Average
Co-Income
Average
Loan
1:TORONTO, ON 9.260% 38 $73,433 $53,260 $270,729
2:MISSISSAUGA, ON 5.001% 39 $65,854 $45,640 $237,865
3:OTTAWA, ON 4.483% 37 $65,131 $48,926 $214,029
4:LONDON, ON 3.146% 37 $54,264 $41,379 $162,354
5:BRAMPTON, ON 3.117% 38 $57,121 $41,296 $208,820
6:HAMILTON, ON 3.079% 37 $51,927 $38,004 $156,122
7:KITCHENER, ON 2.163% 37 $56,564 $45,539 $183,779
8:SCARBOROUGH, ON 1.798% 38 $55,785 $41,164 $237,038
9:WINDSOR, ON 1.653% 36 $56,724 $41,634 $133,794
10:BARRIE, ON 1.627% 36 $55,742 $37,650 $174,823
11:BURLINGTON, ON 1.597% 39 $69,933 $46,360 $210,226
12:GUELPH, ON 1.463% 36 $57,373 $40,830 $205,136
13:OAKVILLE, ON 1.366% 41 $77,651 $49,386 $238,628
14:CAMBRIDGE, ON 1.329% 37 $56,535 $39,694 $181,969
15:OSHAWA, ON 1.303% 38 $55,160 $43,752 $157,104
16:ST CATHARINES, ON 1.136% 36 $52,037 $36,295 $153,949
17:ETOBICOKE, ON 1.095% 37 $57,035 $45,029 $239,495
18:NORTH YORK, ON 1.087% 38 $59,492 $50,934 $280,226
19:RICHMOND HILL, ON 1.076% 40 $74,155 $55,549 $230,508
20:BRANTFORD, ON 1.043% 36 $49,992 $32,873 $153,786
21:KINGSTON, ON 1.028% 38 $57,234 $45,693 $186,493
22:MARKHAM, ON 0.935% 37 $71,359 $51,967 $248,778
23:SAULT STE MARIE, ON 0.923% 36 $49,296 $41,636 $128,090
24:SUDBURY, ON 0.860% 37 $63,678 $38,850 $164,291
25:AJAX, ON 0.856% 39 $68,822 $44,059 $201,287
26:PETERBOROUGH, ON 0.853% 37 $51,246 $47,314 $156,532
27:WATERLOO, ON 0.845% 37 $61,399 $41,562 $218,071
28:THUNDER BAY, ON 0.801% 37 $54,307 $39,076 $113,703
29:WHITBY, ON 0.793% 38 $63,730 $53,424 $180,182
30:NIAGARA FALLS, ON 0.674% 36 $46,624 $40,061 $148,625
31:PICKERING, ON 0.666% 39 $65,364 $55,236 $181,605
32:NEWMARKET, ON 0.659% 38 $60,165 $52,111 $218,995
33:NEPEAN, ON 0.655% 38 $59,275 $47,032 $197,306
34:CORNWALL, ON 0.592% 35 $46,596 $28,818 $129,947
35:TIMMINS, ON 0.566% 35 $57,841 $37,971 $149,516
36:MILTON, ON 0.551% 36 $60,798 $47,751 $215,198
37:KANATA, ON 0.551% 40 $70,190 $54,882 $185,104
38:WOODSTOCK, ON 0.540% 38 $56,745 $44,814 $156,042
39:SARNIA, ON 0.529% 39 $50,102 $33,636 $124,020
40:BELLEVILLE, ON 0.525% 37 $48,708 $30,455 $155,357
41:THORNHILL, ON 0.521% 42 $83,345 $48,349 $270,374
42:ORLEANS, ON 0.518% 41 $63,541 $51,145 $179,630
43:WELLAND, ON 0.514% 39 $45,538 $36,378 $114,023
44:STONEY CREEK, ON 0.503% 40 $56,743 $44,750 $182,453
45:NORTH BAY, ON 0.503% 38 $48,790 $42,615 $146,309
46:WOODBRIDGE, ON 0.436% 36 $67,305 $52,468 $270,120
47:ORILLIA, ON 0.428% 37 $41,376 $34,184 $156,488
48:CHATHAM, ON 0.421% 36 $45,779 $35,099 $103,867
49:AURORA, ON 0.380% 39 $71,949 $56,562 $217,075
50:ST THOMAS, ON 0.376% 38 $49,843 $36,969 $143,310

Age Demographics for Ontario Mortgage Inquiries

Average age: 38
Oldest age: 89
Youngest age: 19


Incomes for Ontario Mortgage Inquiries

The numbers below represent the average income of Canadians living in Ontario who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Ontario: $59,992.45
applicants within all of Canada: $60,593.10
Difference: ($600.65)
  
mortgage co-applicants in Ontario: $44,250.74
co-applicants within all of Canada: $43,761.59
Difference: $489.15

Note: Commercial Mortgages were not included for this section, only residential mortgages from Ontario 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 Edmonton.

Mortgage Product Type Inquiries
Mortgage Pre-approval23.00%
First-time Home Buyer21.57%
New Purchase14.37%
No Money Down discontinued13.88%
Refinance/Consolidate Debt9.97%
Mortgage Renewal9.56%
Other7.65%