Mortgage Stats and Info for Ontario, Canada

Busy Months

The graph below illustrates the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Ontario occurs in March with 10.5% of applications, while our slowest is December with 5.0%.

JanFebMarAprMayJunJulAugSepOctNovDec0%3%6%9%12%
Busy Months for Mortgages in Ontario
March10.5%
April9.9%
January9.6%
May9.3%
February9.2%
July8.5%
June8.2%
August8.0%
September7.6%
October7.5%
November6.5%
December5.0%

Busy Days

The graph listed below illustrates the busy days for online mortgage applications that were received by our web site. Each day is a representation of the combined 5-year total of all instances of that day. In Ontario the busiest day of the week, with approximately 18.0% of all applications, 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 Ontario
Monday18.0%
Tuesday17.9%
Wednesday16.6%
Thursday14.8%
Friday12.1%
Sunday11.1%
Saturday9.4%

Peak Hours

In Ontario, mortgages are received 24 hours a day from our web site. The statistics shown below represents the busy hours for mortgage applications over a 24-hour period. 40.2% of all mortgages are received before noon, while 59.8% arrive in the afternoon.

0%2%4%6%8%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in Ontario
Midnight - 1 AM2.1%
1 AM - 2 AM1.2%
2 AM - 3 AM0.7%
3 AM - 4 AM0.5%
4 AM - 5 AM0.3%
5 AM - 6 AM0.4%
6 AM - 7 AM0.7%
7 AM - 8 AM1.5%
8 AM - 9 AM3.0%
9 AM - 10 AM5.0%
10 AM - 11 AM6.5%
11 AM - Noon7.2%
Noon - 1 PM7.3%
1 PM - 2 PM7.2%
2 PM - 3 PM7.2%
3 PM - 4 PM6.8%
4 PM - 5 PM6.5%
5 PM - 6 PM5.5%
6 PM - 7 PM5.0%
7 PM - 8 PM5.5%
8 PM - 9 PM5.9%
9 PM - 10 PM5.6%
10 PM - 11 PM5.0%
11 PM - Midnight3.5%

Busy Seasons

The data shown below represents the peak seasons for online mortgage application submissions received by Super Brokers. The busiest season for mortgages within Ontario seems to occur in Spring with 29.7%, while our slow season is Autumn with 21.7%.

23.8%29.7%24.8%21.7%
  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in Ontario
Winter23.8%
Spring29.7%
Summer24.8%
Autumn21.7%

Top Cities

See more Top Cities

Average
Rank#City/Town% of InquiriesAgeIncomeCo-IncomeLoan
1Toronto, ON4.3%38$81.1K$52.2K$248K
2Mississauga, ON2.29%39$67.4K$44.1K$221K
3Ottawa, ON2.12%37$68.5K$46.7K$195K
4London, ON1.49%37$54.6K$34.5K$155K
5Hamilton, ON1.48%37$53.1K$33.4K$143K
6Brampton, ON1.47%38$59.9K$45.3K$194K
7Kitchener, ON1.01%37$55K$41.3K$166K
8Scarborough, ON0.85%38$56K$37.6K$212K
9Windsor, ON0.82%37$65K$38.2K$137K
10Barrie, ON0.77%36$56.8K$34.5K$155K
11Burlington, ON0.72%39$79.4K$46.7K$194K
12Guelph, ON0.66%37$58.6K$39.8K$179K
13Oakville, ON0.63%41$77.7K$47.1K$223K
14Cambridge, ON0.62%38$55.5K$33.6K$158K
15Oshawa, ON0.62%38$62.6K$42.7K$163K
16St. Catharines, ON0.54%37$50.6K$38.2K$154K
17North York, ON0.53%38$65.8K$46.6K$283K
18Etobicoke, ON0.51%38$56.5K$42.3K$218K
19Brantford, ON0.50%36$50.7K$29.2K$139K
20Kingston, ON0.493%38$55.2K$46.5K$174K
21Richmond Hill, ON0.490%40$78.7K$50.9K$215K
22Sault Ste. Marie, ON0.425%36$48.4K$36.9K$102K
23Markham, ON0.417%37$69.3K$48.7K$238K
24Sudbury, ON0.395%37$62.1K$37.2K$160K
25Peterborough, ON0.390%37$56.8K$48.9K$136K

Age Ranges for Mortgage Applicants

In Ontario, the median age for when folks apply for a mortgage loan is 37. The youngest person to fill out a mortgage application in Ontario was 18 years of age. The oldest was 100 years old.

Ontario0255075100Min Age: 18Median Age: 37Maximum Age: 100

Marital Status for Mortgage Applicants

When folks in Ontario fill out a mortgage application with Super Brokers, they enter a marital status, and the most popular status' they report are Married with 49.2%, Single with 27.3%, Common Law with 13.8%, Separated with 4.8%, Divorced with 4.0%, Widowed with 0.9%, and No Comment with 0.0%.

Ontario0255075100

Mortgage Types

Of the many mortgages in Ontario, the 4 most popular mortgage inquiry types are Qualification with 19.6%, First-time Buyer with 17.4%, Refinance with 15.6%, and Purchase with 13.7%.

  • Qualification
  • First-time Buyer
  • Refinance
  • Purchase
  • No Money Down
  • Renewal
  • Other
Mortgage Inquiry Types for Mortgages in Ontario
Qualification19.6%
First-time Buyer17.4%
Refinance15.6%
Purchase13.7%
No Money Down12.2%
Renewal11.3%
Other10.2%

Current Living Arrangement

When asked on a mortgage application if they own or rent and where they currently reside, the residents of Ontario frequently answer: Own with 46.4%, Rent with 41.9%, and Live with parents with 6.3%.

Ontario0255075100
Compare. Calculate. Apply today.
Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage