Cambridge Mortgage Information
Average Mortgage Loan in Cambridge: $182,535Busy Months for Online Applications within Cambridge
The bar graph below illustrates the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Cambridge happen to occur during our second quarter (represented by the green bars) with 30.19% while our slowest is the fourth quarter (represented by the red bars) with 15.24%.

Rankings for Busy Mortgage Months
Rank | Month | Percentage of Applications | |
---|---|---|---|
1 | May: | 11.6% | |
2 | April: | 10.5% | |
3 | March: | 10.0% | |
4 | August: | 9.7% | |
5 | January: | 9.4% | |
6 | February: | 8.9% |
Rank | Month | Percentage of Applications | |
---|---|---|---|
7 | July: | 8.9% | |
8 | June: | 8.0% | |
9 | September: | 7.8% | |
10 | October: | 6.7% | |
11 | November: | 4.7% | |
12 | December: | 3.9% |
Busy Days for Mortgages Originating within Cambridge
The graph below displays the busy days for online applications that were received by Super Brokers. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Cambridge, the day with the most volume, having more than 17.73% of all submissions, is Wednesday. In comparison, Friday's are the slowest day with only 9.97% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|---|---|
1 | Wednesday: | 17.7% |
2 | Monday: | 17.2% |
3 | Tuesday: | 16.6% |
4 | Thursday: | 14.1% |
5 | Sunday: | 13.9% |
6 | Saturday: | 10.5% |
7 | Friday: | 10.0% |

Peak Hours for Originated Mortgages within Cambridge
In Cambridge, mortgage applications are received 24 hours a day via the Super Brokers web site. The following indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 36.3% of all mortgages are received during the morning, while 62.0% arrive in the afternoon.

Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
12AM | 00:00 to 00:59: | 0.8% |
1AM | 01:00 to 01:59: | 0.8% |
2AM | 02:00 to 02:59: | 0% |
3AM | 03:00 to 03:59: | 0.3% |
4AM | 04:00 to 04:59: | 0.6% |
5AM | 05:00 to 05:59: | 0.6% |
6AM | 06:00 to 06:59: | 2.2% |
7AM | 07:00 to 07:59: | 5.8% |
8AM | 08:00 to 08:59: | 5.5% |
9AM | 09:00 to 09:59: | 6.9% |
10AM | 10:00 to 10:59: | 8.9% |
11AM | 11:00 to 11:59: | 5.5% |
Time | Period (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: | 6.4% |
3PM | 15:00 to 15:59: | 4.7% |
4PM | 16:00 to 16:59: | 3.6% |
5PM | 17:00 to 17:59: | 6.1% |
6PM | 18:00 to 18:59: | 10.2% |
7PM | 19:00 to 19:59: | 7.2% |
8PM | 20:00 to 20:59: | 4.2% |
9PM | 21:00 to 21:59: | 3.0% |
10PM | 22:00 to 22:59: | 1.7% |
11PM | 23:00 to 23:59: | 1.9% |
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 Cambridge Ranks in Ontario for Mortgage Business
The following table lists how Cambridge 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 |
---|---|---|
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% |
17 | NORTH YORK, ON | 0.522% |
18 | ETOBICOKE, ON | 0.515% |
19 | RICHMOND HILL, ON | 0.512% |
Types of Mortgage Inquiries Received from Cambridge
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Mortgage Pre-approval: | 21.9% | |
Refinance / Debt Consolidation: | 18.3% | |
New Home Purchase: | 17.5% | |
First-time Home Buyer: | 13.6% | |
No Money Down Mortgage (discontinued): | 11.9% | |
Mortgage Renewal: | 9.4% | |
Other: | 7.7% | |
Total Application Types Found: 17 |
Age Demographics for Cambridge Based Mortgages
Average age: 37
Oldest age: 73
Youngest age: 19
Incomes for Cambridge Based Mortgages
The information below represents the average income of Canadians living in Cambridge who have submitted a mortgage inquiry using the online application located at the Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Cambridge: | $56,581.18 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($4,271.36) |
mortgage co-applicants in Cambridge: | $39,786.20 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | ($4,179.31) |