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ToolsBusy Months for Online Mortgages within Peterborough
The following bar 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 Peterborough occur during our second quarter (represented by the green bars) with 31.00% while our slowest is the fourth quarter (represented by the red bars) with 14.85%.
Rankings for Busy Mortgage Months
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 1 | May: | 12.7% | |
| 2 | January: | 9.6% | |
| 3 | April: | 9.6% | |
| 4 | February: | 9.2% | |
| 5 | July: | 9.2% | |
| 6 | August: | 9.2% |
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 7 | June: | 8.7% | |
| 8 | September: | 8.7% | |
| 9 | March: | 8.3% | |
| 10 | November: | 7.0% | |
| 11 | October: | 4.8% | |
| 12 | December: | 3.1% |
Busy Days for Mortgage Inquiries within Peterborough
The bar graph listed below displays the busy days for mortgage applications that were received by Super Brokers. A combined total of all occurrences of each day are represented for the past 5 years. In Peterborough the busiest day, with 21.83% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 3.93% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1: | Tuesday: | 21.8% |
| 2: | Monday: | 18.3% |
| 3: | Wednesday: | 16.6% |
| 4: | Thursday: | 13.5% |
| 5: | Sunday: | 13.1% |
| 6: | Friday: | 12.7% |
| 7: | Saturday: | 3.9% |
Peak Hours for Mortgages within Peterborough
Mortgage applications are received 24 hours a day on the Super Brokers' web site. The graph shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 39.7% of all mortgages are received during the morning, while 57.6% arrive in the afternoon.
| 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: | 3.5% |
| 7AM | 07:00 to 07:59: | 4.8% |
| 8AM | 08:00 to 08:59: | 6.1% |
| 9AM | 09:00 to 09:59: | 7.9% |
| 10AM | 10:00 to 10:59: | 11.8% |
| 11AM | 11:00 to 11:59: | 5.2% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 3.9% |
| 1PM | 13:00 to 13:59: | 4.8% |
| 2PM | 14:00 to 14:59: | 4.8% |
| 3PM | 15:00 to 15:59: | 8.3% |
| 4PM | 16:00 to 16:59: | 6.1% |
| 5PM | 17:00 to 17:59: | 5.2% |
| 6PM | 18:00 to 18:59: | 7.9% |
| 7PM | 19:00 to 19:59: | 5.7% |
| 8PM | 20:00 to 20:59: | 4.8% |
| 9PM | 21:00 to 21:59: | 4.8% |
| 10PM | 22:00 to 22:59: | 1.3% |
| 11PM | 23:00 to 23:59: | 0% |
Ontario Mortgage Originations Compared to all other Provinces
| Online Mortgage Origination for the Province of | Percentage of Applications |
|---|---|
| Alberta: | 20.83% |
| British Columbia: | 10.42% |
| Manitoba: | 1.98% |
| New Brunswick: | 2.52% |
| Newfoundland and Labrador: | 1.29% |
| Nova Scotia: | 3.31% |
| Northwest Territories: | 0.48% |
| Nunavut: | 0.10% |
| Ontario: | 47.68% |
| Prince Edward Island: | 0.51% |
| Quebec: | 3.96% |
| Saskatchewan: | 5.03% |
| Yukon: | 0.48% |
Current City Standing within Ontario
| Rank | Location | Contribution |
|---|---|---|
| 21: | KINGSTON, ON | 0.490% |
| 22: | MARKHAM, ON | 0.446% |
| 23: | SAULT STE MARIE, ON | 0.440% |
| 24: | SUDBURY, ON | 0.410% |
| 25: | AJAX, ON | 0.408% |
| 26: | PETERBOROUGH, ON | 0.407% |
| 27: | WATERLOO, ON | 0.403% |
| 28: | THUNDER BAY, ON | 0.382% |
| 29: | WHITBY, ON | 0.378% |
| 30: | NIAGARA FALLS, ON | 0.321% |
| 31: | PICKERING, ON | 0.318% |
Nearest Settlements
Age Demographics for Peterborough Mortgage Applicants
Average age: 37
Oldest age: 67
Youngest age: 20
Incomes for Peterborough Mortgage Applicants
The amounts below are the average income of Canadians living in Peterborough who have applied for a mortgage loan using the Super Brokers' mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Peterborough: | $51,246.63 |
| applicants within all of Canada: | $60,593.10 |
| Difference: | ($9,346.48) |
| mortgage co-applicants in Peterborough: | $47,314.29 |
| co-applicants within all of Canada: | $43,761.59 |
| Difference: | $3,552.71 |
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Refinance/Consolidate Debt | 25.52% | |
| Mortgage Pre-approval | 23.45% | |
| New Purchase | 13.79% | |
| First-time Home Buyer | 11.72% | |
| Mortgage Renewal | 11.72% | |
| No Money Down discontinued | 6.90% | |
| Other | 6.9% |
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Corporate Office Fax: 1-866-565-1864 info@superbrokers.ca |