Pickering Mortgage Information
Average Mortgage Loan in Pickering: $183,081Busy Months for Applications within Pickering
This bar graph shows the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Pickering happen to occur during our first quarter (represented by the brown bars) with 31.49% while our slowest is the fourth quarter (represented by the red bars) with 18.23%.

Rankings for Busy Mortgage Months
Rank | Month | Percentage of Applications | |
---|---|---|---|
1 | March: | 12.2% | |
2 | January: | 10.5% | |
3 | June: | 10.5% | |
4 | April: | 9.9% | |
5 | May: | 9.4% | |
6 | October: | 9.4% |
Rank | Month | Percentage of Applications | |
---|---|---|---|
7 | February: | 8.8% | |
8 | September: | 8.3% | |
9 | July: | 6.1% | |
10 | August: | 6.1% | |
11 | November: | 5.0% | |
12 | December: | 3.9% |
Busy Days for Online Mortgages within Pickering
The graph below illustrates the busy days for Internet 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 Pickering the busiest day, with approximately 21.55% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 7.73% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|---|---|
1 | Tuesday: | 21.6% |
2 | Monday: | 18.8% |
3 | Wednesday: | 17.1% |
4 | Friday: | 11.6% |
5 | Thursday: | 11.6% |
6 | Sunday: | 11.6% |
7 | Saturday: | 7.7% |

Peak Hours for Mortgages within Pickering
In Pickering, inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The graph shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 42.0% of all mortgages are received before noon, while 57.5% arrive in the afternoon.

Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
12AM | 00:00 to 00:59: | 0.6% |
1AM | 01:00 to 01:59: | 0% |
2AM | 02:00 to 02:59: | 0% |
3AM | 03:00 to 03:59: | 0.6% |
4AM | 04:00 to 04:59: | 0.6% |
5AM | 05:00 to 05:59: | 1.1% |
6AM | 06:00 to 06:59: | 1.1% |
7AM | 07:00 to 07:59: | 3.3% |
8AM | 08:00 to 08:59: | 8.3% |
9AM | 09:00 to 09:59: | 12.2% |
10AM | 10:00 to 10:59: | 7.2% |
11AM | 11:00 to 11:59: | 7.7% |
Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
Lunch | 12:00 to 12:59: | 7.2% |
1PM | 13:00 to 13:59: | 6.1% |
2PM | 14:00 to 14:59: | 7.7% |
3PM | 15:00 to 15:59: | 7.7% |
4PM | 16:00 to 16:59: | 8.3% |
5PM | 17:00 to 17:59: | 6.6% |
6PM | 18:00 to 18:59: | 6.1% |
7PM | 19:00 to 19:59: | 2.8% |
8PM | 20:00 to 20:59: | 1.1% |
9PM | 21:00 to 21:59: | 1.1% |
10PM | 22:00 to 22:59: | 1.1% |
11PM | 23:00 to 23:59: | 1.7% |
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 Pickering Ranks in Ontario for Mortgage Business
The following table lists how Pickering 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 |
---|---|---|
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% |
31 | PICKERING, ON | 0.313% |
32 | NEWMARKET, ON | 0.309% |
33 | NEPEAN, ON | 0.308% |
34 | CORNWALL, ON | 0.280% |
35 | TIMMINS, ON | 0.268% |
36 | MILTON, ON | 0.259% |
Types of Mortgage Inquiries Received from Pickering
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Refinance / Debt Consolidation: | 21.0% | |
Mortgage Pre-approval: | 19.3% | |
Mortgage Renewal: | 14.9% | |
First-time Home Buyer: | 13.3% | |
New Home Purchase: | 11.0% | |
No Money Down Mortgage (discontinued): | 10.5% | |
Other: | 10% | |
Total Application Types Found: 13 |
Age Demographics for Pickering Based Mortgages
Average age: 40
Oldest age: 69
Youngest age: 21
Incomes for Pickering Based Mortgages
The following depicts the average income of applicants living in Pickering who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.
Average annual gross income for | |
---|---|
mortgage applicants in Pickering: | $65,096.63 |
applicants within all of Canada: | $60,852.54 |
Difference: | $4,244.09 |
mortgage co-applicants in Pickering: | $55,514.58 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | $11,549.07 |