Mortgage Stats and Info for Canada

Busy Months

The following bar graph represents 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%

JanFebMarAprMayJunJulAugSepOctNovDec0%3%6%9%12%
Busy Months for Mortgages in Canada
March10.2%
April10.0%
May9.8%
January9.6%
February8.9%
June8.7%
July8.5%
August8.2%
September7.5%
October7.3%
November6.5%
December4.9%

Busy Days

The graph below shows the busy days for Internet applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Canada, the day with the most volume, having more than 17.9% of all submissions, is Monday. In comparison, Saturday is the slowest day with only 9.4% of all inquiries.

MonTueWedThuFriSatSun0%5%10%15%20%
Busy Days for Mortgages in Canada
Monday17.9%
Tuesday17.8%
Wednesday16.5%
Thursday15.1%
Friday12.3%
Sunday11.1%
Saturday9.4%

Peak Hours

Applications are received 24 hours a day via the Mortgage Super Brokers web site. The statistics shown below indicates the busy hours in the day. 35.7% of all mortgages are received during the morning, while 64.3% arrive in the afternoon.

0%2%4%6%8%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in Canada
Midnight - 1 AM2.1%
1 AM - 2 AM1.3%
2 AM - 3 AM0.8%
3 AM - 4 AM0.5%
4 AM - 5 AM0.5%
5 AM - 6 AM0.6%
6 AM - 7 AM1.2%
7 AM - 8 AM2.2%
8 AM - 9 AM3.6%
9 AM - 10 AM5.0%
10 AM - 11 AM6.1%
11 AM - Noon6.9%
Noon - 1 PM7.2%
1 PM - 2 PM7.4%
2 PM - 3 PM7.0%
3 PM - 4 PM6.7%
4 PM - 5 PM6.2%
5 PM - 6 PM5.5%
6 PM - 7 PM5.6%
7 PM - 8 PM5.8%
8 PM - 9 PM5.4%
9 PM - 10 PM5.2%
10 PM - 11 PM4.3%
11 PM - Midnight3.2%

Busy Seasons

23.3%30.0%25.5%21.2%
  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in Canada
Winter23.3%
Spring30.0%
Summer25.5%
Autumn21.2%

Top Cities

See more Top Cities

Average
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$55.0K$41.3K$166K
12Vancouver, BC0.94%39$72.5K$44.4K$279K
13Scarborough, ON0.85%38$56.0K$37.6K$212K
14Windsor, ON0.82%37$65.0K$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$39.0K$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

Canada0255075100Min Age: 18Median Age: 36Maximum Age: 100

Marital Status for Mortgage Applicants

Canada0255075100

Mortgage Types

  • Qualification
  • First-time Buyer
  • Refinance
  • Purchase
  • No Money Down
  • Renewal
  • Other
Mortgage Inquiry Types for Mortgages in Canada
Qualification20.8%
First-time Buyer16.8%
Refinance14.9%
Purchase14.3%
No Money Down12.9%
Renewal10.2%
Other10.1%

Current Living Arrangement

Canada0255075100
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