Alberta Mortgage #MW-0511205, BC Mortgage #X028169,
FSCO (Ontario) #10315, Saskatchewan Mortgage #315872,
and all other provinces.
 
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Busy Months for Mortgage Inquiries within Toronto

This bar graph illustrates the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Toronto occur during our first quarter (represented by the brown bars) with 30.56% while our slowest is the fourth quarter (represented by the red bars) with 19.02%.

Busy Months Report for Toronto Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 10.8%
2 March: 10.4%
3 May: 10.1%
4 April: 9.5%
5 February: 9.3%
6 June: 8.4%
RankMonth Percentage of Applications
7 July: 7.8%
8 September: 7.7%
9 October: 7.4%
10 November: 7.0%
11 August: 6.9%
12 December: 4.6%

Busy Days for Mortgages Received within Toronto

The bar graph below compares the busy days for online inquiries that were received by the Super Brokers web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Toronto the busiest day of the week, with 18.46% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 8.73% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 18.5%
2: Monday: 18.1%
3: Wednesday: 17.3%
4: Thursday: 14.7%
5: Friday: 12.2%
6: Sunday: 10.5%
7: Saturday: 8.7%
Busy Days Report for Toronto Mortgages

Top 10 Days for Toronto Mortgage Inquiries


1: 008 on Wednesday, January 11, 2006.
2: 007 on Friday, April 24, 2009.
3: 006 on Monday, September 28, 2009.
4: 006 on Thursday, January 12, 2006.
5: 006 on Thursday, October 6, 2005.
6: 006 on Wednesday, May 13, 2009.
7: 006 on Thursday, January 17, 2008.
8: 006 on Thursday, May 8, 2008.
9: 005 on Wednesday, May 23, 2007.
10: 005 on Monday, March 23, 2009.

Note: These records do not include e-mails, contact forms, faxes, phone-ins or walk-ins.

Peak Hours for Mortgage Applicants within Toronto

Mortgage inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The information shown below represents the peak hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Toronto
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.7%
1AM 01:00 to 01:59: 0.3%
2AM 02:00 to 02:59: 0.2%
3AM 03:00 to 03:59: 0.2%
4AM 04:00 to 04:59: 0.6%
5AM 05:00 to 05:59: 1.5%
6AM 06:00 to 06:59: 2.7%
7AM 07:00 to 07:59: 4.5%
8AM 08:00 to 08:59: 6.1%
9AM 09:00 to 09:59: 8.2%
10AM 10:00 to 10:59: 7.2%
11AM 11:00 to 11:59: 6.9%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.8%
1PM 13:00 to 13:59: 8.4%
2PM 14:00 to 14:59: 7.5%
3PM 15:00 to 15:59: 4.9%
4PM 16:00 to 16:59: 4.7%
5PM 17:00 to 17:59: 4.5%
6PM 18:00 to 18:59: 5.1%
7PM 19:00 to 19:59: 5.6%
8PM 20:00 to 20:59: 5.0%
9PM 21:00 to 21:59: 3.5%
10PM 22:00 to 22:59: 2.5%
11PM 23:00 to 23:59: 1.4%

Ontario 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 Ontario

RankLocation Contribution
1:TORONTO, ON 4.415%
2:MISSISSAUGA, ON 2.384%
3:OTTAWA, ON 2.137%
4:LONDON, ON 1.500%
5:BRAMPTON, ON 1.486%
6:HAMILTON, ON 1.468%


Age Demographics for Toronto Originated Mortgages

Average age: 38
Oldest age: 85
Youngest age: 20


Incomes for Toronto Originated Mortgages

The amounts shown below represent the average income of people living in Toronto who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Toronto: $73,433.04
applicants within all of Canada: $60,593.10
Difference: $12,839.94
  
mortgage co-applicants in Toronto: $53,260.35
co-applicants within all of Canada: $43,761.59
Difference: $9,498.76

Note: Commercial loans were not included for this report, only residential loans amounts were used.

Mortgage Rates
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Mortgage Rates
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Simcoe.

Mortgage Product Type Inquiries
Mortgage Pre-approval18.75%
First-time Home Buyer18.75%
New Purchase17.50%
No Money Down discontinued16.25%
Refinance/Consolidate Debt15.00%
Other13.75%
 
Did you know? The average home loan in Charlottetown is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Prince Edward Island