Mortgage Stats and Info for Hamilton, ON
Busy Months
The graph below displays the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Hamilton, ON occurs in February with 11.2% of applications, while our slowest is December with 4.7%.
| February | 11.2% |
| January | 10.3% |
| June | 9.2% |
| April | 9.1% |
| March | 9.0% |
| May | 8.9% |
| July | 7.9% |
| August | 7.8% |
| September | 7.6% |
| October | 7.3% |
| November | 7.2% |
| December | 4.7% |
Busy Days
The graph listed below displays the busy days for mortgage inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Hamilton, ON the peak day, with approximately 17.4% of all applications, is Tuesday. In comparison, Saturday is the slowest day with only 8.2% of all inquiries.
| Tuesday | 17.4% |
| Wednesday | 17.3% |
| Monday | 15.2% |
| Thursday | 15.0% |
| Sunday | 13.9% |
| Friday | 13.0% |
| Saturday | 8.2% |
Peak Hours
In Hamilton, ON, mortgages are received 24 hours a day via the Mortgage Super Brokers web site. The statistics shown below indicates the peak hours for mortgage inquiries over a 24-hour period. 36.3% of all mortgages are received before noon, while 63.7% arrive in the afternoon.
| Midnight - 1 AM | 2.1% |
| 1 AM - 2 AM | 1.1% |
| 2 AM - 3 AM | 0.7% |
| 3 AM - 4 AM | 0.6% |
| 4 AM - 5 AM | 0.2% |
| 5 AM - 6 AM | 0.3% |
| 6 AM - 7 AM | 1.2% |
| 7 AM - 8 AM | 1.5% |
| 8 AM - 9 AM | 2.9% |
| 9 AM - 10 AM | 5.3% |
| 10 AM - 11 AM | 6.2% |
| 11 AM - Noon | 6.3% |
| Noon - 1 PM | 6.3% |
| 1 PM - 2 PM | 4.7% |
| 2 PM - 3 PM | 8.5% |
| 3 PM - 4 PM | 6.2% |
| 4 PM - 5 PM | 7.9% |
| 5 PM - 6 PM | 4.4% |
| 6 PM - 7 PM | 6.1% |
| 7 PM - 8 PM | 5.3% |
| 8 PM - 9 PM | 6.2% |
| 9 PM - 10 PM | 5.9% |
| 10 PM - 11 PM | 6.1% |
| 11 PM - Midnight | 3.8% |
Busy Seasons
The information shown below lists the peak seasons for mortgage loan inquiries received by Super Brokers. The busiest season for mortgages on properties within Hamilton, ON usually occurs in Spring with 26.9% of applications, while our slowest season is Autumn with 22.0%.
- Winter
- Spring
- Summer
- Autumn
| Winter | 26.2% |
| Spring | 26.9% |
| Summer | 24.9% |
| Autumn | 22.0% |
Age Ranges for Mortgage Applicants
In Hamilton, ON, the median age for when residents apply for a mortgage loan is 35. The youngest person to apply for a mortgage online with SuperBrokers in Hamilton, ON was 18 years of age; the most aged was 85 years old.
Marital Status for Mortgage Applicants
When folks in Hamilton, ON apply online for a mortgage through our website, they enter a marital status, and the most popular status' they report are Married with 42.5%, Single with 31.5%, Common Law with 15.8%, Divorced with 5.6%, Separated with 4.2%, and Widowed with 0.4%.
Mortgage Types
Of the many applications in Hamilton, ON, the 4 most popular mortgage application types are Qualification with 19.4%, Refinance with 17.7%, First-time Buyer with 16.7%, and No Money Down with 13.9%.
- Qualification
- Other
- Refinance
- First-time Buyer
- No Money Down
- Purchase
| Qualification | 19.4% |
| Other | 18.4% |
| Refinance | 17.7% |
| First-time Buyer | 16.7% |
| No Money Down | 13.9% |
| Purchase | 13.8% |
Current Living Arrangement
When asked on an online mortgage application if they own or rent and where they currently reside, the folks of Hamilton, ON most frequently respond: Rent with 44.3%, Own with 43.2%, and Live with parents with 7.2%.
