Peterborough Mortgages

Variable closed:	2.85%
1 year closed:	2.69%
3 year closed:	2.69%
5 year closed:	2.79%
10 year closed:	3.44%

Busy Months for Applications within Peterborough

This bar graph represents the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Peterborough usually occur during our second quarter (represented by the green bars) with 30.60% while our slowest is the fourth quarter (represented by the red bars) with 15.09%.

Busy Months Report for Peterborough Mortgages

Rankings for Busy Mortgage Months

Rank	Month	Percentage of Applications
1	May:	12.5%
2	January:	9.5%
3	April:	9.5%
4	August:	9.5%
5	February:	9.1%
6	July:	9.1%

Rank	Month	Percentage of Applications
7	September:	9.1%
8	June:	8.6%
9	March:	8.2%
10	November:	7.3%
11	October:	4.7%
12	December:	3.0%

Busy Days for Mortgages Received within Peterborough

The information below displays the busy days for online mortgage applications that were received by the Super Brokers web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Peterborough the busiest day of the week, with 21.98% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 3.88% of all inquiries.

Rank	Day of the Week	Percentage of Applications
1	Tuesday:	22.0%
2	Monday:	18.5%
3	Wednesday:	16.4%
4	Thursday:	13.4%
5	Friday:	12.9%
6	Sunday:	12.9%
7	Saturday:	3.9%

Busy Days Report for Peterborough Mortgages

Peak Hours for Mortgages within Peterborough

Applications are received 24 hours a day via the Super Brokers web site. The statistics shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 39.2% of all mortgages are received before noon, while 58.2% arrive in the afternoon.

Peak Hours Graph for Mortgages in Peterborough

Time	Period (24 Hour)	Percentage of Applications
12AM	00:00 to 00:59:	0.9%
1AM	01:00 to 01:59:	0.9%
2AM	02:00 to 02:59:	0.9%
3AM	03:00 to 03:59:	0%
4AM	04:00 to 04:59:	0.4%
5AM	05:00 to 05:59:	0%
6AM	06:00 to 06:59:	3.4%
7AM	07:00 to 07:59:	4.7%
8AM	08:00 to 08:59:	6.0%
9AM	09:00 to 09:59:	7.8%
10AM	10:00 to 10:59:	11.6%
11AM	11:00 to 11:59:	5.2%

Time	Period (24 Hour)	Percentage of Applications
Lunch	12:00 to 12:59:	4.3%
1PM	13:00 to 13:59:	5.2%
2PM	14:00 to 14:59:	4.7%
3PM	15:00 to 15:59:	8.2%
4PM	16:00 to 16:59:	6.0%
5PM	17:00 to 17:59:	5.2%
6PM	18:00 to 18:59:	7.8%
7PM	19:00 to 19:59:	5.6%
8PM	20:00 to 20:59:	5.2%
9PM	21:00 to 21:59:	4.7%
10PM	22:00 to 22:59:	1.3%
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 Peterborough Ranks in Ontario for Mortgage Business

The following table lists how Peterborough 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
20	BRANTFORD, ON	0.494%
21	KINGSTON, ON	0.482%
22	MARKHAM, ON	0.439%
23	SAULT STE MARIE, ON	0.429%
24	SUDBURY, ON	0.401%
25	PETERBOROUGH, ON	0.401%
26	AJAX, ON	0.399%
27	WATERLOO, ON	0.398%
28	THUNDER BAY, ON	0.379%
29	WHITBY, ON	0.375%
30	NIAGARA FALLS, ON	0.323%

Types of Mortgage Inquiries Received from Peterborough

Type of Mortgage Application Form Selected		Percentage of Inquiries
Refinance / Debt Consolidation:		17.2%
Mortgage Pre-approval:		16.8%
First-time Home Buyer:		15.5%
No Money Down Mortgage (discontinued):		15.1%
New Home Purchase:		14.7%
Mortgage Renewal:		9.5%
Other:		11.1%

Total Application Types Found: 15

Age Demographics for Peterborough Mortgage Applicants

Average age: 37
Oldest age: 67
Youngest age: 20

Incomes for Peterborough Mortgage Applicants

The following figures show the average income of people living in Peterborough who have applied for a loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Peterborough:	$51,125.21
applicants within all of Canada:	$60,852.54
Difference:	($9,727.33)

mortgage co-applicants in Peterborough:	$47,828.58
co-applicants within all of Canada:	$43,965.51
Difference:	$3,863.07

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

Nearest Settlements

1	Keene, Ontario
2	Norwood, Ontario
3	Bridgenorth, Ontario
4	Hastings, Ontario
5	Ennismore, Ontario
6	Roseneath, Ontario
7	Cavan, Ontario
8	Gores Landing, Ontario
9	Bewdley, Ontario
10	Millbrook, Ontario
11	Havelock, Ontario
12	Dunsford, Ontario
13	Lakefield, Ontario
14	Omemee, Ontario
15	Fenelon Falls, Ontario
16	Bethany, Ontario

17	Marmora, Ontario
18	Caesarea, Ontario
19	Castleton, Ontario
20	Kirkfield, Ontario
21	Coboconk, Ontario
22	Seagrave, Ontario
23	Port Perry, Ontario
24	Cobourg, Ontario
25	Warkworth, Ontario
26	Janetville, Ontario
27	Bobcaygeon, Ontario
28	Gravenhurst, Ontario
29	Bailieboro, Ontario
30	Brechin, Ontario
31	Norland, Ontario

Mortgage Product Type		Inquiries
Refinance/Consolidate Debt		20.00%
Mortgage Pre-approval		19.33%
Mortgage Renewal		19.33%
New Purchase		14.00%
First-time Home Buyer		9.33%
No Money Down discontinued		8.67%
Other		9.35%

Peterborough Mortgage Information