Fergus Mortgage Information
Average Mortgage Loan in Fergus: $187,635Busy Days for Mortgage Applications within Fergus
The bar graph listed below shows the busy days for Internet mortgage applications that were received by Super Brokers. Each day represents a combined total of all occurrences of that day in the past 5 years. In Fergus the busiest day, with 22.92% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 4.17% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|---|---|
1 | Tuesday: | 22.9% |
2 | Friday: | 18.8% |
3 | Monday: | 14.6% |
4 | Wednesday: | 14.6% |
5 | Sunday: | 12.5% |
6 | Thursday: | 12.5% |
7 | Saturday: | 4.2% |

Peak Hours for Mortgage Applicants within Fergus
Mortgage inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The information shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years. Only 37.5% of all mortgages are received during the morning, while 62.5% arrive in the afternoon.

Time | Period (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% |
3AM | 03:00 to 03:59: | 0% |
4AM | 04:00 to 04:59: | 0% |
5AM | 05:00 to 05:59: | 0% |
6AM | 06:00 to 06:59: | 4.2% |
7AM | 07:00 to 07:59: | 6.3% |
8AM | 08:00 to 08:59: | 6.3% |
9AM | 09:00 to 09:59: | 6.3% |
10AM | 10:00 to 10:59: | 2.1% |
11AM | 11:00 to 11:59: | 12.5% |
Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
Lunch | 12:00 to 12:59: | 2.1% |
1PM | 13:00 to 13:59: | 8.3% |
2PM | 14:00 to 14:59: | 8.3% |
3PM | 15:00 to 15:59: | 4.2% |
4PM | 16:00 to 16:59: | 4.2% |
5PM | 17:00 to 17:59: | 10.4% |
6PM | 18:00 to 18:59: | 4.2% |
7PM | 19:00 to 19:59: | 4.2% |
8PM | 20:00 to 20:59: | 6.3% |
9PM | 21:00 to 21:59: | 4.2% |
10PM | 22:00 to 22:59: | 4.2% |
11PM | 23:00 to 23:59: | 2.1% |
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 Fergus Ranks in Ontario for Mortgage Business
The following table lists how Fergus 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 |
---|---|---|
79 | LASALLE, ON | 0.086% |
80 | SMITHS FALLS, ON | 0.085% |
81 | EAST YORK, ON | 0.085% |
82 | STOUFFVILLE, ON | 0.085% |
83 | WATERDOWN, ON | 0.085% |
84 | FERGUS, ON | 0.083% |
85 | MIDLAND, ON | 0.083% |
86 | NAPANEE, ON | 0.081% |
87 | ACTON, ON | 0.081% |
88 | HUNTSVILLE, ON | 0.081% |
89 | WASAGA BEACH, ON | 0.078% |
Types of Mortgage Inquiries Received from Fergus
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Refinance / Debt Consolidation: | 22.9% | |
Mortgage Pre-approval: | 16.7% | |
First-time Home Buyer: | 14.6% | |
Mortgage Renewal: | 12.5% | |
New Home Purchase: | 12.5% | |
No Money Down Mortgage (discontinued): | 12.5% | |
Pre-approval: | 4.2% | |
Commercial: | 4.2% | |
Total Application Types Found: 8 |
Age Demographics for Fergus Mortgages
Average age: 39
Oldest age: 70
Youngest age: 24
Incomes for Fergus Mortgages
The amounts shown below represent the average income of Canadians living in Fergus who have submitted an inquiry using the pre-approval application on the Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Fergus: | $59,670.85 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($1,181.69) |
mortgage co-applicants in Fergus: | $35,681.40 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | ($8,284.11) |