Licensing Info:
FSCO (Ontario) #11363, 
Professional Listings
Mortgage Statistics
Apply Now
Mortgage Rates
Variable closed: 2.85% 1 year closed: 2.69% 3 year closed: 2.69% 5 year closed: 2.79% 10 year closed: 3.44% 
Glossary
Tools
Mortgage Calculators Credit Card Calculators
Professional Listings
Mortgage Statistics
Apply Now
Mortgage Rates
Glossary
ToolsNewmarket Mortgage Information
Average Mortgage Loan in Newmarket: $216,922Busy Months for Mortgages within Newmarket
The following bar graph displays the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Newmarket usually occur during our first quarter (represented by the brown bars) with 32.40% while our slowest is the fourth quarter (represented by the red bars) with 16.76%.
Rankings for Busy Mortgage Months
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 1 | January: | 13.4% | |
| 2 | May: | 10.1% | |
| 3 | August: | 10.1% | |
| 4 | February: | 9.5% | |
| 5 | March: | 9.5% | |
| 6 | April: | 8.9% |
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 7 | July: | 8.9% | |
| 8 | September: | 6.7% | |
| 9 | November: | 6.2% | |
| 10 | June: | 6.2% | |
| 11 | October: | 5.6% | |
| 12 | December: | 5.0% |
Busy Days for Mortgage Inquiries within Newmarket
The bar graph listed below compares the busy days for online 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 Newmarket, the day with the most volume, generating 19.55% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.94% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1 | Monday: | 19.6% |
| 2 | Friday: | 16.2% |
| 3 | Wednesday: | 16.2% |
| 4 | Tuesday: | 15.6% |
| 5 | Sunday: | 12.9% |
| 6 | Thursday: | 10.6% |
| 7 | Saturday: | 8.9% |
Peak Hours for Originated Mortgages within Newmarket
Mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The following 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: | 1.7% |
| 1AM | 01:00 to 01:59: | 0% |
| 2AM | 02:00 to 02:59: | 1.7% |
| 3AM | 03:00 to 03:59: | 0.6% |
| 4AM | 04:00 to 04:59: | 1.1% |
| 5AM | 05:00 to 05:59: | 0.6% |
| 6AM | 06:00 to 06:59: | 2.2% |
| 7AM | 07:00 to 07:59: | 5.6% |
| 8AM | 08:00 to 08:59: | 9.5% |
| 9AM | 09:00 to 09:59: | 7.3% |
| 10AM | 10:00 to 10:59: | 8.9% |
| 11AM | 11:00 to 11:59: | 7.3% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 10.1% |
| 1PM | 13:00 to 13:59: | 7.8% |
| 2PM | 14:00 to 14:59: | 7.8% |
| 3PM | 15:00 to 15:59: | 2.8% |
| 4PM | 16:00 to 16:59: | 2.8% |
| 5PM | 17:00 to 17:59: | 3.9% |
| 6PM | 18:00 to 18:59: | 6.1% |
| 7PM | 19:00 to 19:59: | 4.5% |
| 8PM | 20:00 to 20:59: | 5.0% |
| 9PM | 21:00 to 21:59: | 0.6% |
| 10PM | 22:00 to 22:59: | 2.2% |
| 11PM | 23:00 to 23:59: | 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 Newmarket Ranks in Ontario for Mortgage Business
The following table lists how Newmarket 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 |
|---|---|---|
| 27 | WATERLOO, ON | 0.398% |
| 28 | THUNDER BAY, ON | 0.379% |
| 29 | WHITBY, ON | 0.375% |
| 30 | NIAGARA FALLS, ON | 0.323% |
| 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% |
Types of Mortgage Inquiries Received from Newmarket
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| Mortgage Pre-approval: | 18.4% | |
| Refinance / Debt Consolidation: | 17.3% | |
| New Home Purchase: | 16.2% | |
| First-time Home Buyer: | 15.6% | |
| Mortgage Renewal: | 11.7% | |
| No Money Down Mortgage (discontinued): | 8.4% | |
| Other: | 12.4% | |
| Total Application Types Found: 14 | ||
Age Demographics for Newmarket Originated Mortgages
Average age: 38
Oldest age: 81
Youngest age: 19
Incomes for Newmarket Originated Mortgages
The amounts shown below represent the average income of Canadians living in Newmarket who have applied for a mortgage loan using the Super Brokers' mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Newmarket: | $60,580.48 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | ($272.06) |
| mortgage co-applicants in Newmarket: | $52,514.97 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | $8,549.46 |
Nearest Settlements
- Aurora
- Borden
- Bradford
- Everett
- Gormley
- Holland Landing
- King City
- Lisle
- Loretto
- Sharon
- Compare Interest Rates
- Newmarket Broker Contact
Municipal mortgage stats:
Related mortgage information:
| Mortgage Product Type | Inquiries | |
|---|---|---|
| First-time Home Buyer | 22.03% | |
| Mortgage Pre-approval | 21.19% | |
| No Money Down discontinued | 15.25% | |
| New Purchase | 14.41% | |
| Refinance/Consolidate Debt | 13.56% | |
| Mortgage Renewal | 7.63% | |
| Other | 5.94% |
|
|
Tel: Fax: info@superbrokers.ca |