Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Ajax Mortgage Information

Average Mortgage Loan in Ajax: $201,287

Busy Months for Mortgages within Ajax

The graph below depicts the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Ajax occur during our second quarter (represented by the green bars) with 29.87% while our slowest is the fourth quarter (represented by the red bars) with 16.88%.

Busy Months Report for Ajax Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 11.7%
2 August: 10.4%
3 May: 10.0%
4 February: 10.0%
5 March: 9.5%
6 July: 8.7%
RankMonth Percentage of Applications
7 October: 8.7%
8 June: 8.2%
9 January: 7.4%
10 September: 7.4%
11 November: 5.6%
12 December: 2.6%

Busy Days for Mortgages Originating within Ajax

The bar graph below displays the busy days for Internet mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Ajax the most busy day of the week, with 19.05% of all inquiries, is Tuesday. In comparison, Friday's are the slowest day with only 9.96% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 19.1%
2 Thursday: 18.2%
3 Monday: 14.7%
4 Wednesday: 14.3%
5 Saturday: 13.0%
6 Sunday: 10.8%
7 Friday: 10.0%
Busy Days Report for Ajax Mortgages

Peak Hours for Originated Mortgages within Ajax

Ajax mortgage applications are received 24 hours a day from our web site. The graph shown below indicates the rush hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Ajax
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0.9%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0.4%
5AM 05:00 to 05:59: 3.9%
6AM 06:00 to 06:59: 4.3%
7AM 07:00 to 07:59: 2.6%
8AM 08:00 to 08:59: 7.4%
9AM 09:00 to 09:59: 6.1%
10AM 10:00 to 10:59: 11.7%
11AM 11:00 to 11:59: 9.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.1%
1PM 13:00 to 13:59: 6.9%
2PM 14:00 to 14:59: 5.2%
3PM 15:00 to 15:59: 3.0%
4PM 16:00 to 16:59: 4.8%
5PM 17:00 to 17:59: 4.3%
6PM 18:00 to 18:59: 4.3%
7PM 19:00 to 19:59: 4.3%
8PM 20:00 to 20:59: 5.6%
9PM 21:00 to 21:59: 4.8%
10PM 22:00 to 22:59: 3.0%
11PM 23:00 to 23:59: 0.9%

Ontario Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
Yukon: 0.47%

How Ajax Ranks in Ontario for Mortgage Business

The following table lists how Ajax ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
21KINGSTON, ON 0.482%
22MARKHAM, ON 0.439%
23SAULT STE MARIE, ON 0.429%
24SUDBURY, ON 0.401%
25PETERBOROUGH, ON 0.401%
26AJAX, ON 0.399%
27WATERLOO, ON 0.398%
28THUNDER BAY, ON 0.379%
29WHITBY, ON 0.375%
30NIAGARA FALLS, ON 0.323%
31PICKERING, ON 0.313%

Types of Mortgage Inquiries Received from Ajax


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 21.6%
Refinance / Debt Consolidation: 19.5%
First-time Home Buyer: 17.7%
Mortgage Renewal: 12.6%
No Money Down Mortgage (discontinued): 9.5%
New Home Purchase: 9.5%
Other: 9.5%
 
Total Application Types Found: 13

Age Demographics for Ajax Mortgages

Average age: 39
Oldest age: 76
Youngest age: 20


Incomes for Ajax Mortgages

The following depicts the average income of applicants living in Ajax who have applied for a home loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Ajax: $68,728.24
applicants within all of Canada: $60,852.54
Difference: $7,875.70
  
mortgage co-applicants in Ajax: $44,059.98
co-applicants within all of Canada: $43,965.51
Difference: $94.47

Note: Commercial Mortgage loans were not included for this survey, only residential mortgages were used.

Nearest Settlements


1Downsview, Ontario
2Stouffville, Ontario
3Pickering, Ontario
4Whitby, Ontario
5Scarborough, Ontario
6Unionville, Ontario
7Claremont, Ontario
8Greenwood, Ontario
9Thornhill, Ontario
10Don Mills, Ontario
11East York, Ontario
12Newcastle, Ontario
13North York, Ontario
14Oshawa, Ontario
15Markham, Ontario
16Goodwood, Ontario
17Sharon, Ontario
18Newmarket, Ontario
19Gormley, Ontario
20Kleinburg, Ontario
21Woodbridge, Ontario
22Uxbridge, Ontario
23Brooklin, Ontario
24Toronto, Ontario
25Willowdale, Ontario
26Courtice, Ontario
27Clarington, Ontario
28York, Ontario
29Etobicoke, Ontario
30Bowmanville, Ontario
31Vaughan, Ontario
32Richmond Hill, Ontario
33Aurora, Ontario
34Loretto, Ontario
35Bolton, Ontario
36Holland Landing, Ontario
37Hornby, Ontario
38Keswick, Ontario
39Concord, Ontario
40Georgetown, Ontario
41Cheltenham, Ontario
42Sutton, Ontario
43Everett, Ontario
44Angus, Ontario
45Bradford, Ontario
46Mount Albert, Ontario
47Beeton, Ontario
48Alliston, Ontario
49Orono, Ontario
50Schomberg, Ontario
51Ashburn, Ontario
52King City, Ontario
53Maple, Ontario
54Blackstock, Ontario
55Borden, Ontario
56Lisle, Ontario
57Sandford, Ontario
58Brampton, Ontario
59Rockwood, Ontario
60Hampton, Ontario
61Cookstown, Ontario
62Mississauga, Ontario
63Utopia, Ontario
64Willow Beach, Ontario
65Campbellville, Ontario
66Newtonville, Ontario
67Caledon, Ontario
68Tottenham, Ontario
69Palgrave, Ontario
70Hillsburgh, Ontario
71Badjeros, Ontario
72Acton, Ontario
73Halton Hills, Ontario
74Terra Cotta, Ontario


Last mortgage report update for Ajax: Friday, July 1, 2016
Mortgage Calculator
 
Brokers Compare Mortgage Rates
Think the mortgage rate that your bank offered you looks a little high? You're probably right. Unlike a with a mortgage broker, your bank won't shop around for the best rate on the market. Click or tap on the mortgage rate comparison link below and check out the difference for yourself.
Mortgage Rates
 
Did you know? The average home loan in Orillia is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario