Variable closed:	1.65%
1 year closed:	1.64%
3 year closed:	1.59%
5 year closed:	1.69%
10 year closed:	2.84%

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

Fergus Mortgage Information

Average Mortgage Loan in Fergus: $187,635

Busy 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.

Peak Hours Graph for Mortgages in Fergus

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)

Note: Commercial Mortgage loans were not included for this survey, only residential loans amounts from Fergus, Ontario were used.

Nearest Settlements

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