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Variable closed: 1.65% 1 year closed: 1.64% 3 year closed: 1.59% 5 year closed: 1.69% 10 year closed: 2.84% 
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ToolsNorth York Mortgage Information
Average Mortgage Loan in North York: $285,002Busy Months for Mortgage Applications within North York
This graph represents the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from North York seem to occur during our second quarter (represented by the green bars) with 32.78% while our slowest is the fourth quarter (represented by the red bars) with 20.53%.
Rankings for Busy Mortgage Months
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 1 | June: | 13.9% | |
| 2 | May: | 10.6% | |
| 3 | March: | 9.6% | |
| 4 | January: | 9.3% | |
| 5 | November: | 8.6% | |
| 6 | April: | 8.3% |
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 7 | July: | 8.0% | |
| 8 | September: | 7.6% | |
| 9 | October: | 6.6% | |
| 10 | August: | 6.3% | |
| 11 | February: | 6.0% | |
| 12 | December: | 5.3% |
Busy Days for Applications within North York
The information below shows the busy days for mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In North York the most busy day of the week, with 19.21% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 7.62% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1 | Monday: | 19.2% |
| 2 | Tuesday: | 17.2% |
| 3 | Thursday: | 16.6% |
| 4 | Wednesday: | 15.6% |
| 5 | Friday: | 12.9% |
| 6 | Sunday: | 10.9% |
| 7 | Saturday: | 7.6% |
Peak Hours for Mortgage Applicants within North York
In North York, inquiries are received 24 hours a day from the Super Brokers web site. The statistics shown below indicates the rush hours in the day. The data is taken from all days of all years. Only 35.1% of all mortgages are received before noon, while 63.2% arrive in the afternoon.
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| 12AM | 00:00 to 00:59: | 0.3% |
| 1AM | 01:00 to 01:59: | 1.0% |
| 2AM | 02:00 to 02:59: | 0.3% |
| 3AM | 03:00 to 03:59: | 0.7% |
| 4AM | 04:00 to 04:59: | 1.0% |
| 5AM | 05:00 to 05:59: | 0.7% |
| 6AM | 06:00 to 06:59: | 1.7% |
| 7AM | 07:00 to 07:59: | 3.3% |
| 8AM | 08:00 to 08:59: | 6.6% |
| 9AM | 09:00 to 09:59: | 6.3% |
| 10AM | 10:00 to 10:59: | 4.6% |
| 11AM | 11:00 to 11:59: | 10.3% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 9.3% |
| 1PM | 13:00 to 13:59: | 6.3% |
| 2PM | 14:00 to 14:59: | 4.3% |
| 3PM | 15:00 to 15:59: | 5.6% |
| 4PM | 16:00 to 16:59: | 6.0% |
| 5PM | 17:00 to 17:59: | 4.6% |
| 6PM | 18:00 to 18:59: | 6.3% |
| 7PM | 19:00 to 19:59: | 6.3% |
| 8PM | 20:00 to 20:59: | 4.6% |
| 9PM | 21:00 to 21:59: | 3.6% |
| 10PM | 22:00 to 22:59: | 5.0% |
| 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 North York Ranks in Ontario for Mortgage Business
The following table lists how North York 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 |
|---|---|---|
| 12 | GUELPH, ON | 0.685% |
| 13 | OAKVILLE, ON | 0.647% |
| 14 | CAMBRIDGE, ON | 0.624% |
| 15 | OSHAWA, ON | 0.614% |
| 16 | ST CATHARINES, ON | 0.536% |
| 17 | NORTH YORK, ON | 0.522% |
| 18 | ETOBICOKE, ON | 0.515% |
| 19 | RICHMOND HILL, ON | 0.512% |
| 20 | BRANTFORD, ON | 0.494% |
| 21 | KINGSTON, ON | 0.482% |
| 22 | MARKHAM, ON | 0.439% |
Types of Mortgage Inquiries Received from North York
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| New Home Purchase: | 26.2% | |
| First-time Home Buyer: | 24.5% | |
| Mortgage Pre-approval: | 20.9% | |
| No Money Down Mortgage (discontinued): | 9.3% | |
| Mortgage Renewal: | 7.3% | |
| Refinance / Debt Consolidation: | 4.6% | |
| Other: | 7.3% | |
| Total Application Types Found: 15 | ||
Age Demographics for North York Mortgages
Average age: 38
Oldest age: 84
Youngest age: 19
Incomes for North York Mortgages
The amounts shown below represent the average income of Canadians living in North York who have applied for a mortgage loan using the Super Brokers' mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in North York: | $59,955.47 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | ($897.07) |
| mortgage co-applicants in North York: | $50,775.83 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | $6,810.31 |
Nearest Settlements
- Don Mills
- Downsview
- East York
- Kleinburg
- Scarborough
- Thornhill
- Toronto
- Unionville
- Willowdale
- Woodbridge
- Compare Interest Rates
- North York Broker Contact
Municipal mortgage stats:
Related mortgage information:
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 21.65% | |
| Refinance/Consolidate Debt | 19.48% | |
| First-time Home Buyer | 17.75% | |
| Mortgage Renewal | 12.55% | |
| No Money Down discontinued | 9.52% | |
| New Purchase | 9.52% | |
| Other | 9.52% |
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Tel: Fax: info@superbrokers.ca |