Canadian Licensing Info: Alberta Mortgage #MW-0511205,
BC Mortgage #X028169, FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
PRESENTED BY

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Peterborough Mortgage Information

Average Mortgage Loan in Peterborough: $157,124

Busy Months for Mortgages Received within Peterborough

The 6-year bar graph below shows the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Peterborough mostly occur during our second quarter (represented by the green bars) with 30.77% while our slowest is the fourth quarter (represented by the red bars) with 14.96%.

Busy Months Report for Peterborough Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 May: 12.8%
2 January: 9.8%
3 April: 9.4%
4 August: 9.4%
5 February: 9.0%
6 July: 9.0%
RankMonth Percentage of Applications
7 September: 9.0%
8 June: 8.6%
9 March: 8.1%
10 November: 7.3%
11 October: 4.7%
12 December: 3.0%

Busy Days for Mortgages Received within Peterborough

The information listed below compares the busy days for online applications that were received by Super Brokers' web site. Each day is a representation of the combined 6-year total of all instances of that day. In Peterborough, the day with the most volume, generating 22.22% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 3.85% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 22.2%
2 Monday: 18.4%
3 Wednesday: 16.7%
4 Thursday: 13.3%
5 Friday: 12.8%
6 Sunday: 12.8%
7 Saturday: 3.9%
Busy Days Report for Peterborough Mortgages

Peak Hours for Mortgage Applicants within Peterborough

Mortgage inquiries are received 24 hours a day on the Super Brokers web site. The statistics shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Peterborough
TimePeriod (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: 7.7%
10AM 10:00 to 10:59: 11.5%
11AM 11:00 to 11:59: 5.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 4.3%
1PM 13:00 to 13:59: 5.1%
2PM 14:00 to 14:59: 4.7%
3PM 15:00 to 15:59: 8.5%
4PM 16:00 to 16:59: 6.0%
5PM 17:00 to 17:59: 5.1%
6PM 18:00 to 18:59: 7.7%
7PM 19:00 to 19:59: 5.6%
8PM 20:00 to 20:59: 5.6%
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: 21.16%
British Columbia: 10.37%
Manitoba: 1.99%
New Brunswick: 2.51%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.28%
Prince Edward Island: 0.50%
Quebec: 3.94%
Saskatchewan: 5.05%
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.

RankLocation Contribution
19RICHMOND HILL, ON 0.510%
20BRANTFORD, ON 0.490%
21KINGSTON, ON 0.482%
22MARKHAM, ON 0.438%
23SAULT STE MARIE, ON 0.433%
24PETERBOROUGH, ON 0.406%
25AJAX, ON 0.404%
26SUDBURY, ON 0.402%
27WATERLOO, ON 0.397%
28THUNDER BAY, ON 0.374%
29WHITBY, ON 0.374%

Types of Mortgage Inquiries Received from Peterborough


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 17.1%
Mortgage Pre-approval: 16.7%
First-time Home Buyer: 15.4%
No Money Down Mortgage (discontinued): 15.0%
New Home Purchase: 14.5%
Mortgage Renewal: 9.4%
Other: 12%
 
Total Application Types Found: 15

Age Demographics for Peterborough Mortgage Applicants

Average age: 37
Oldest age: 69
Youngest age: 20


Incomes for Peterborough Mortgage Applicants

The information below represents the average income of applicants 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: $51,125.21
applicants within all of Canada: $60,841.69
Difference: ($9,716.47)
  
mortgage co-applicants in Peterborough: $47,828.58
co-applicants within all of Canada: $44,024.91
Difference: $3,803.67

Note: Commercial Mortgage loans were not included for this report, only residential loans from Peterborough, Ontario were used.


Last mortgage report update for Peterborough: Wednesday, May 20, 2015
Mortgage Calculator
 
Did you know? The average home loan in Paris is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Grimsby.

Mortgage Product Type Inquiries
New Purchase23.08%
Refinance/Consolidate Debt20.00%
Mortgage Renewal16.92%
Mortgage Pre-approval10.77%
No Money Down discontinued7.69%
First-time Home Buyer6.15%
Other15.4%