Mortgage Stats and Info for Oakville, ON

Busy Months

The following illustrates the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Oakville, ON usually occurs in March with 12.6% of applications, while our slowest is December with 3.8%.

JanFebMarAprMayJunJulAugSepOctNovDec0%4%8%12%16%
Busy Months for Mortgages in Oakville
March12.6%
February11.6%
April10.6%
January9.8%
May9.0%
September8.8%
November7.3%
October7.0%
August6.8%
July6.5%
June6.3%
December3.8%

Busy Days

The data below illustrates the busy days for mortgage inquiries that were received by the Super Brokers web site. A combined total of all occurrences of each day are represented for the past 5 years. In Oakville, ON the busiest day, averaging 19.6% of all applications, is Thursday. In comparison, Saturday is the slowest day with only 7.0% of all inquiries.

MonTueWedThuFriSatSun0%5%10%15%20%
Busy Days for Mortgages in Oakville
Thursday19.6%
Wednesday18.3%
Tuesday16.8%
Monday14.6%
Friday12.3%
Sunday11.3%
Saturday7.0%

Peak Hours

Mortgage inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The time periods below indicates the busy hours over a 24-hour period. 42.2% of all mortgages are received before noon, while 57.8% arrive in the afternoon.

0%3%6%9%12%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in Oakville
Midnight - 1 AM2.5%
1 AM - 2 AM1.3%
2 AM - 3 AM0.5%
3 AM - 4 AM0.3%
4 AM - 5 AM0.5%
5 AM - 6 AM0.0%
6 AM - 7 AM0.5%
7 AM - 8 AM1.0%
8 AM - 9 AM2.5%
9 AM - 10 AM6.3%
10 AM - 11 AM5.8%
11 AM - Noon8.5%
Noon - 1 PM9.8%
1 PM - 2 PM6.5%
2 PM - 3 PM4.5%
3 PM - 4 PM7.3%
4 PM - 5 PM7.3%
5 PM - 6 PM7.3%
6 PM - 7 PM5.0%
7 PM - 8 PM4.5%
8 PM - 9 PM5.5%
9 PM - 10 PM4.8%
10 PM - 11 PM5.3%
11 PM - Midnight2.5%

Busy Seasons

The data shown below lists the peak seasons for mortgage loan application submissions received by Super Brokers. The busiest season for mortgage applications within Oakville, ON seems to occur in Spring with 32.2%, while the slowest season is Summer with 19.6%.

25.1%32.2%19.6%23.1%
  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in Oakville
Winter25.1%
Spring32.2%
Summer19.6%
Autumn23.1%

Age Ranges for Mortgage Applicants

In Oakville, ON, the median age for when folks apply for a mortgage loan is 41. The youngest person to apply for a mortgage was 19 years of age; the oldest was 76 years young.

Oakville020406080Min Age: 19Median Age: 41Maximum Age: 76

Marital Status for Mortgage Applicants

When folks in Oakville, ON fill out a mortgage application through our website, they enter a marital status, and the most frequent status' they report are Married with 61.8%, Single with 24.6%, Separated with 5.3%, Divorced with 4.0%, Common Law with 3.8%, and Widowed with 0.5%.

Oakville0255075100

Mortgage Types

Of the many applications in Oakville, ON, the 4 most prominent mortgage application types are Renewal with 21.4%, Qualification with 19.1%, Refinance with 15.6%, and First-time Buyer with 11.6%.

  • Renewal
  • Other
  • Qualification
  • Refinance
  • First-time Buyer
  • Purchase
Mortgage Inquiry Types for Mortgages in Oakville
Renewal21.4%
Other20.9%
Qualification19.1%
Refinance15.6%
First-time Buyer11.6%
Purchase11.6%

Current Living Arrangement

When asked on a mortgage application if they own or rent and where they currently reside, the folks of Oakville, ON commonly respond: Own with 59.8%, Rent with 26.6%, and Live with parents with 9.3%.

Oakville0255075100
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