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ToolsEtobicoke Mortgage Information
Average Mortgage Loan in Etobicoke: $240,189Busy Months for Mortgages within Etobicoke
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 Etobicoke usually occur during our second quarter (represented by the green bars) with 32.89% while our slowest is the fourth quarter (represented by the red bars) with 17.79%.
Rankings for Busy Mortgage Months
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 1 | May: | 11.7% | |
| 2 | April: | 11.1% | |
| 3 | January: | 10.4% | |
| 4 | March: | 10.1% | |
| 5 | June: | 10.1% | |
| 6 | October: | 8.4% |
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 7 | August: | 8.1% | |
| 8 | February: | 7.4% | |
| 9 | July: | 7.0% | |
| 10 | September: | 6.4% | |
| 11 | December: | 5.0% | |
| 12 | November: | 4.4% |
Busy Days for Online Applications within Etobicoke
The data below compares the busy days for online mortgage applications that were received by Super Brokers' web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Etobicoke the busiest day of the week, with 18.46% of all applications, is Monday. In comparison, Friday's are the slowest day with only 9.40% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1 | Monday: | 18.5% |
| 2 | Wednesday: | 17.4% |
| 3 | Thursday: | 15.4% |
| 4 | Tuesday: | 15.1% |
| 5 | Sunday: | 12.8% |
| 6 | Saturday: | 11.4% |
| 7 | Friday: | 9.4% |
Peak Hours for Based Mortgages within Etobicoke
In Etobicoke, mortgages are received 24 hours a day via the Super Brokers web site. The time periods below represents the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| 12AM | 00:00 to 00:59: | 0.7% |
| 1AM | 01:00 to 01:59: | 0.3% |
| 2AM | 02:00 to 02:59: | 0% |
| 3AM | 03:00 to 03:59: | 0% |
| 4AM | 04:00 to 04:59: | 1.0% |
| 5AM | 05:00 to 05:59: | 1.3% |
| 6AM | 06:00 to 06:59: | 2.0% |
| 7AM | 07:00 to 07:59: | 4.4% |
| 8AM | 08:00 to 08:59: | 8.4% |
| 9AM | 09:00 to 09:59: | 5.4% |
| 10AM | 10:00 to 10:59: | 7.4% |
| 11AM | 11:00 to 11:59: | 8.1% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 6.0% |
| 1PM | 13:00 to 13:59: | 7.7% |
| 2PM | 14:00 to 14:59: | 6.0% |
| 3PM | 15:00 to 15:59: | 5.7% |
| 4PM | 16:00 to 16:59: | 5.4% |
| 5PM | 17:00 to 17:59: | 5.7% |
| 6PM | 18:00 to 18:59: | 6.7% |
| 7PM | 19:00 to 19:59: | 4.0% |
| 8PM | 20:00 to 20:59: | 5.7% |
| 9PM | 21:00 to 21:59: | 4.7% |
| 10PM | 22:00 to 22:59: | 2.3% |
| 11PM | 23:00 to 23:59: | 1.0% |
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 Etobicoke Ranks in Ontario for Mortgage Business
The following table lists how Etobicoke 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 |
|---|---|---|
| 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% |
| 20 | BRANTFORD, ON | 0.494% |
| 21 | KINGSTON, ON | 0.482% |
| 22 | MARKHAM, ON | 0.439% |
| 23 | SAULT STE MARIE, ON | 0.429% |
Types of Mortgage Inquiries Received from Etobicoke
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| First-time Home Buyer: | 29.5% | |
| Mortgage Pre-approval: | 17.1% | |
| New Home Purchase: | 15.4% | |
| Mortgage Renewal: | 12.4% | |
| No Money Down Mortgage (discontinued): | 11.1% | |
| Refinance / Debt Consolidation: | 9.1% | |
| Other: | 5.1% | |
| Total Application Types Found: 13 | ||
Age Demographics for Etobicoke Mortgage Applicants
Average age: 37
Oldest age: 73
Youngest age: 21
Incomes for Etobicoke Mortgage Applicants
The amounts shown below represent the average income of applicants living in Etobicoke who have applied for a loan using Mortgage Super Brokers' pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Etobicoke: | $57,049.43 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | ($3,803.11) |
| mortgage co-applicants in Etobicoke: | $45,114.96 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | $1,149.44 |
Nearest Settlements
- Cheltenham
- Don Mills
- Georgetown
- Hornby
- Kleinburg
- North York
- Thornhill
- Vaughan
- Willowdale
- York
- Compare Interest Rates
- Etobicoke Broker Contact
Municipal mortgage stats:
Related mortgage information:
| Mortgage Product Type | Inquiries | |
|---|---|---|
| First-time Home Buyer | 25.86% | |
| Mortgage Pre-approval | 22.41% | |
| Refinance/Consolidate Debt | 18.97% | |
| No Money Down discontinued | 17.24% | |
| Mortgage Renewal | 10.34% | |
| Other | 5.17% |
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Tel: Fax: info@superbrokers.ca |