Mortgage Stats and Info for Canada

Busy Months

The bar graph below depicts the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Canada seems to occur in March with 10.2% of applications, while our slowest is December with 4.9%.

Busy Days

The bar graph listed below compares the busy days for online mortgage applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Canada the busiest day of the week, having more than 17.9% of all submissions, is Monday. In comparison, Saturday is the slowest day with only 9.4% of all inquiries.

Peak Hours

Inquiries are received 24 hours a day via our web site. The report shown below indicates the busy hours for mortgage applications in the day. 35.7% of all mortgages are received in the morning, while 64.3% arrive in the afternoon.

Busy Seasons

The chart below represents the peak seasons for Internet application submissions received by Super Brokers. The busiest season for mortgages in Canada mostly occurs in Spring with 30.0%, while the slowest season is Autumn with 21.2%.

Top Cities

See more Top Cities

Rank#City/Town% of InquiriesAgeIncomeCo-IncomeLoan
1Calgary, AB7.0%37$69.3K$46.6K$226K
2Edmonton, AB4.6%36$60.5K$40.3K$191K
3Toronto, ON4.3%38$81.1K$52.2K$248K
4Mississauga, ON2.29%39$67.4K$44.1K$221K
5Ottawa, ON2.12%37$68.5K$46.7K$195K
6Regina, SK1.65%34$63.1K$33.7K$136K
7London, ON1.49%37$54.6K$34.5K$155K
8Hamilton, ON1.48%37$53.1K$33.4K$143K
9Brampton, ON1.47%38$59.9K$45.3K$194K
10Winnipeg, MB1.16%37$52.4K$34.1K$139K
11Kitchener, ON1.01%37$55K$41.3K$166K
12Vancouver, BC0.94%39$72.5K$44.4K$279K
13Scarborough, ON0.85%38$56K$37.6K$212K
14Windsor, ON0.82%37$65K$38.2K$137K
15Montréal, QC0.81%38$66.5K$44.1K$223K
16Saskatoon, SK0.77%36$60.1K$37.1K$149K
17Barrie, ON0.77%36$56.8K$34.5K$155K
18Burlington, ON0.72%39$79.4K$46.7K$194K
19Surrey, BC0.71%39$69.4K$39K$230K
20Guelph, ON0.66%37$58.6K$39.8K$179K
21Victoria, BC0.64%40$65.6K$38.3K$240K
22Red Deer, AB0.64%35$62.8K$34.7K$181K
23Oakville, ON0.63%41$77.7K$47.1K$223K
24Cambridge, ON0.62%38$55.5K$33.6K$158K
25Oshawa, ON0.62%38$62.6K$42.7K$163K

Age Ranges for Mortgage Applicants

In Canada, the median age for when people apply for a mortgage loan is 36. The youngest person to apply for a mortgage was 18 and the oldest was 100 years young.

Marital Status for Mortgage Applicants

When people in Canada apply for a mortgage with Super Brokers, they enter a marital status, and the most frequent status' they report are Married with 47.9%, Single with 28.1%, Common Law with 14.6%, Separated with 4.4%, Divorced with 4.2%, Widowed with 0.8%, and No Comment with 0.0%.

Mortgage Types

Of all of the mortgages in Canada, the 3 most prominent application types are Qualification with 20.8%, First-time Buyer with 16.8%, and Refinance with 14.9%.

Current Living Arrangement

When asked on a mortgage application if they own or rent and where they currently reside, the people of Canada commonly say: Own with 44.4%, Rent with 43.5%, and Live with parents with 5.2%.

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