Variable closed:	2.85%
1 year closed:	2.69%
3 year closed:	2.69%
5 year closed:	2.79%
10 year closed:	3.44%

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

Burlington Mortgage Information

Average Mortgage Loan in Burlington: $212,441

Busy Months for Online Applications within Burlington

The following depicts the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Burlington mostly occur during our first quarter (represented by the brown bars) with 32.41% while our slowest is the fourth quarter (represented by the red bars) with 19.54%.

Busy Months Report for Burlington Mortgages

Rankings for Busy Mortgage Months

Rank	Month	Percentage of Applications
1	February:	12.4%
2	January:	11.5%
3	April:	9.4%
4	May:	9.0%
5	March:	8.5%
6	October:	7.8%

Rank	Month	Percentage of Applications
7	June:	7.6%
8	July:	7.4%
9	August:	7.4%
10	September:	7.4%
11	November:	6.2%
12	December:	5.5%

Busy Days for Mortgages within Burlington

The bar graph listed below displays the busy days for online applications that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Burlington the busiest day of the week, with 16.78% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 11.26% of all inquiries.

Rank	Day of the Week	Percentage of Applications
1	Monday:	16.8%
2	Tuesday:	16.8%
3	Wednesday:	16.1%
4	Thursday:	15.2%
5	Friday:	12.2%
6	Saturday:	11.7%
7	Sunday:	11.3%

Busy Days Report for Burlington Mortgages

Peak Hours for Mortgages within Burlington

In Burlington, mortgage applications are received 24 hours a day via the Super Brokers web site. The report shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 38.9% of all mortgages are received during the morning, while 60.2% arrive in the afternoon.

Peak Hours Graph for Mortgages in Burlington

Time	Period (24 Hour)	Percentage of Applications
12AM	00:00 to 00:59:	0.9%
1AM	01:00 to 01:59:	0%
2AM	02:00 to 02:59:	0%
3AM	03:00 to 03:59:	0.2%
4AM	04:00 to 04:59:	1.1%
5AM	05:00 to 05:59:	2.5%
6AM	06:00 to 06:59:	2.8%
7AM	07:00 to 07:59:	5.5%
8AM	08:00 to 08:59:	7.8%
9AM	09:00 to 09:59:	5.3%
10AM	10:00 to 10:59:	5.5%
11AM	11:00 to 11:59:	8.0%

Time	Period (24 Hour)	Percentage of Applications
Lunch	12:00 to 12:59:	6.9%
1PM	13:00 to 13:59:	7.4%
2PM	14:00 to 14:59:	6.4%
3PM	15:00 to 15:59:	5.3%
4PM	16:00 to 16:59:	5.3%
5PM	17:00 to 17:59:	6.7%
6PM	18:00 to 18:59:	6.2%
7PM	19:00 to 19:59:	5.3%
8PM	20:00 to 20:59:	5.3%
9PM	21:00 to 21:59:	3.0%
10PM	22:00 to 22:59:	1.4%
11PM	23:00 to 23:59:	1.1%

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 Burlington Ranks in Ontario for Mortgage Business

The following table lists how Burlington 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.

Rank	Location	Contribution
6	HAMILTON, ON	1.454%
7	KITCHENER, ON	1.029%
8	SCARBOROUGH, ON	0.854%
9	WINDSOR, ON	0.783%
10	BARRIE, ON	0.768%
11	BURLINGTON, ON	0.752%
12	GUELPH, ON	0.685%
13	OAKVILLE, ON	0.647%
14	CAMBRIDGE, ON	0.624%
15	OSHAWA, ON	0.614%
16	ST CATHARINES, ON	0.536%

Types of Mortgage Inquiries Received from Burlington

Type of Mortgage Application Form Selected		Percentage of Inquiries
Mortgage Pre-approval:		23.0%
Refinance / Debt Consolidation:		16.8%
Mortgage Renewal:		14.3%
First-time Home Buyer:		12.6%
New Home Purchase:		11.5%
No Money Down Mortgage (discontinued):		10.1%
Other:		11.5%

Total Application Types Found: 17

Age Demographics for Burlington Originated Mortgages

Average age: 39
Oldest age: 83
Youngest age: 22

Incomes for Burlington Originated Mortgages

The amounts shown below represent the average income of applicants living in Burlington who have submitted a mortgage inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Burlington:	$69,961.06
applicants within all of Canada:	$60,852.54
Difference:	$9,108.52

mortgage co-applicants in Burlington:	$46,026.35
co-applicants within all of Canada:	$43,965.51
Difference:	$2,060.84

Note: Commercial loan amounts were not included for this section, only residential mortgages from Burlington, Ontario were used.

Nearest Settlements

1	Freelton, Ontario
2	Copetown, Ontario
3	Ancaster, Ontario
4	Hamilton, Ontario
5	Lynden, Ontario
6	Waterdown, Ontario
7	Hannon, Ontario
8	Dundas, Ontario
9	Stoney Creek, Ontario
10	Caledonia, Ontario
11	St George Brant, Ontario
12	Carlisle, Ontario
13	Ohsweken, Ontario
14	St George, Ontario
15	Millgrove, Ontario
16	Brantford, Ontario
17	Milton, Ontario
18	Burford, Ontario
19	Kilbride, Ontario
20	Puslinch, Ontario
21	Princeton, Ontario
22	Troy, Ontario
23	Mount Hope, Ontario

24	Cambridge, Ontario
25	Oakville, Ontario
26	Guelph, Ontario
27	Windham Centre, Ontario
28	Ayr, Ontario
29	Mount Elgin, Ontario
30	Mississauga, Ontario
31	Cayuga, Ontario
32	Paris, Ontario
33	Beamsville, Ontario
34	Campbellville, Ontario
35	Binbrook, Ontario
36	Scotland, Ontario
37	Otterville, Ontario
38	Waterford, Ontario
39	Hornby, Ontario
40	Tillsonburg, Ontario
41	Delhi, Ontario
42	New Dundee, Ontario
43	Grimsby, Ontario
44	Acton, Ontario
45	Kitchener, Ontario
46	Hagersville, Ontario

Mortgage Product Type		Inquiries
First-time Home Buyer		19.86%
Mortgage Pre-approval		18.49%
No Money Down discontinued		16.44%
Refinance/Consolidate Debt		13.70%
New Purchase		11.64%
Mortgage Renewal		8.90%
Other		10.94%