Variable closed:	2.45%
1 year closed:	3.44%
3 year closed:	3.09%
5 year closed:	2.39%
10 year closed:	3.80%

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

Milton Mortgage Information

Average Mortgage Loan in Milton: $214,799

Busy Months for Applications within Milton

This graph displays the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Milton mostly occur during our first quarter (represented by the brown bars) with 40.67% while our slowest is the fourth quarter (represented by the red bars) with 17.33%.

Rankings for Busy Mortgage Months

Rank	Month	Percentage of Applications
1	January:	17.3%
2	March:	13.3%
3	February:	10.0%
4	August:	9.3%
5	October:	8.7%
6	June:	8.7%

Rank	Month	Percentage of Applications
7	April:	8.0%
8	July:	6.7%
9	September:	6.0%
10	December:	5.3%
11	November:	3.3%
12	May:	3.3%

Busy Days for Mortgage Applications within Milton

The data below plots the busy days for Internet applications that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Milton the busiest day, with 22.00% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 3.33% of all inquiries.

Rank	Day of the Week	Percentage of Applications
1	Monday:	22.0%
2	Tuesday:	20.0%
3	Thursday:	16.0%
4	Wednesday:	14.7%
5	Friday:	14.0%
6	Sunday:	10.0%
7	Saturday:	3.3%

Peak Hours for Applicants within Milton

Mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The report shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 36.0% of all mortgages are received before noon, while 61.3% arrive in the afternoon.

Peak Hours Graph for Mortgages in Milton

Time	Period (24 Hour)	Percentage of Applications
12AM	00:00 to 00:59:	1.3%
1AM	01:00 to 01:59:	0.7%
2AM	02:00 to 02:59:	0.7%
3AM	03:00 to 03:59:	0%
4AM	04:00 to 04:59:	0%
5AM	05:00 to 05:59:	0.7%
6AM	06:00 to 06:59:	3.3%
7AM	07:00 to 07:59:	2.0%
8AM	08:00 to 08:59:	5.3%
9AM	09:00 to 09:59:	8.7%
10AM	10:00 to 10:59:	8.7%
11AM	11:00 to 11:59:	7.3%

Time	Period (24 Hour)	Percentage of Applications
Lunch	12:00 to 12:59:	6.7%
1PM	13:00 to 13:59:	8.7%
2PM	14:00 to 14:59:	10.0%
3PM	15:00 to 15:59:	5.3%
4PM	16:00 to 16:59:	5.3%
5PM	17:00 to 17:59:	4.7%
6PM	18:00 to 18:59:	6.7%
7PM	19:00 to 19:59:	4.7%
8PM	20:00 to 20:59:	2.7%
9PM	21:00 to 21:59:	3.3%
10PM	22:00 to 22:59:	2.0%
11PM	23:00 to 23:59:	1.3%

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 Milton Ranks in Ontario for Mortgage Business

The following table lists how Milton 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
31	PICKERING, ON	0.313%
32	NEWMARKET, ON	0.309%
33	NEPEAN, ON	0.308%
34	CORNWALL, ON	0.280%
35	TIMMINS, ON	0.268%
36	MILTON, ON	0.259%
37	KANATA, ON	0.259%
38	WOODSTOCK, ON	0.254%
39	SARNIA, ON	0.252%
40	THORNHILL, ON	0.251%
41	BELLEVILLE, ON	0.249%

Types of Mortgage Inquiries Received from Milton

Type of Mortgage Application Form Selected		Percentage of Inquiries
First-time Home Buyer:		19.3%
Refinance / Debt Consolidation:		19.3%
New Home Purchase:		16.0%
Mortgage Pre-approval:		15.3%
Mortgage Renewal:		11.3%
No Money Down Mortgage (discontinued):		10.7%
Other:		8%

Total Application Types Found: 14

Age Demographics for Milton Mortgage Applicants

Average age: 36
Oldest age: 65
Youngest age: 20

Incomes for Milton Mortgage Applicants

The following figures show the average income of people living in Milton who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Milton:	$60,751.71
applicants within all of Canada:	$60,852.54
Difference:	($100.83)

mortgage co-applicants in Milton:	$47,751.15
co-applicants within all of Canada:	$43,965.51
Difference:	$3,785.64

Note: Commercial loan amounts were not included for this report, only residential loans amounts were used.

Nearest Settlements

1	Puslinch, Ontario
2	Campbellville, Ontario
3	Guelph, Ontario
4	Carlisle, Ontario
5	Hornby, Ontario
6	Troy, Ontario
7	New Dundee, Ontario
8	Kitchener, Ontario
9	Freelton, Ontario
10	Kilbride, Ontario
11	Acton, Ontario
12	Cambridge, Ontario
13	Fergus, Ontario
14	Burlington, Ontario
15	Mississauga, Ontario
16	Georgetown, Ontario
17	Millgrove, Ontario
18	Erin, Ontario
19	Ayr, Ontario
20	York, Ontario
21	Etobicoke, Ontario
22	Waterdown, Ontario
23	Elmira, Ontario
24	Waterloo, Ontario
25	Oakville, Ontario
26	Halton Hills, Ontario
27	Rockwood, Ontario
28	Scarborough, Ontario
29	Kleinburg, Ontario
30	Princeton, Ontario
31	Cheltenham, Ontario
32	Lynden, Ontario
33	St George, Ontario
34	Elora, Ontario
35	Thornhill, Ontario
36	Toronto, Ontario
37	Dundas, Ontario
38	Willowdale, Ontario
39	Alton, Ontario
40	Baden, Ontario

41	Copetown, Ontario
42	Hillsburgh, Ontario
43	Ancaster, Ontario
44	Moorefield, Ontario
45	Don Mills, Ontario
46	East York, Ontario
47	North York, Ontario
48	Hamilton, Ontario
49	Wellesley, Ontario
50	Hannon, Ontario
51	Vaughan, Ontario
52	Brampton, Ontario
53	Millbank, Ontario
54	Listowel, Ontario
55	Downsview, Ontario
56	Bright, Ontario
57	Salem, Ontario
58	Bolton, Ontario
59	Stoney Creek, Ontario
60	Burford, Ontario
61	Unionville, Ontario
62	Concord, Ontario
63	Centre Wellington, Ontario
64	Shakespeare, Ontario
65	Woodbridge, Ontario
66	New Hamburg, Ontario
67	Brantford, Ontario
68	Schomberg, Ontario
69	Palgrave, Ontario
70	Innerkip, Ontario
71	Tavistock, Ontario
72	Caledonia, Ontario
73	St George Brant, Ontario
74	Arthur, Ontario
75	Paris, Ontario
76	Orangeville, Ontario
77	Ohsweken, Ontario
78	Drayton, Ontario
79	Terra Cotta, Ontario

Mortgage Product Type		Inquiries
No Money Down discontinued		19.35%
Refinance/Consolidate Debt		19.35%
Mortgage Pre-approval		17.74%
First-time Home Buyer		14.52%
New Purchase		12.90%
Mortgage Renewal		6.45%
Commercial Financing		4.84%
Other		4.83%