Mortgage Stats and Info for Richmond Hill, ON
Busy Months
The following depicts the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Richmond Hill, ON occurs in May with 13.6% of applications, while our slowest is November with 3.2%.
| May | 13.6% |
| February | 11.0% |
| September | 10.0% |
| March | 9.7% |
| October | 9.4% |
| January | 8.4% |
| June | 8.1% |
| July | 7.4% |
| April | 7.1% |
| August | 6.1% |
| December | 5.8% |
| November | 3.2% |
Busy Days
The data below compares the busy days for mortgage inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Richmond Hill, ON the most busy day, having more than 20.4% of all inquiries, is Wednesday. In comparison, Sunday is the slowest day with only 7.8% of all inquiries.
| Wednesday | 20.4% |
| Tuesday | 18.8% |
| Thursday | 14.6% |
| Monday | 14.2% |
| Friday | 12.3% |
| Saturday | 12.0% |
| Sunday | 7.8% |
Peak Hours
Mortgage inquiries are received 24 hours a day via the Mortgage Super Brokers web site. The statistics shown below indicates the rush hours within a 24-hour period. 44.7% of all mortgages are received during the morning, while 55.3% arrive in the afternoon.
| Midnight - 1 AM | 2.3% |
| 1 AM - 2 AM | 0.3% |
| 2 AM - 3 AM | 0.6% |
| 3 AM - 4 AM | 0.3% |
| 4 AM - 5 AM | 0.3% |
| 5 AM - 6 AM | 0.3% |
| 6 AM - 7 AM | 0.6% |
| 7 AM - 8 AM | 1.9% |
| 8 AM - 9 AM | 4.9% |
| 9 AM - 10 AM | 6.5% |
| 10 AM - 11 AM | 4.5% |
| 11 AM - Noon | 8.1% |
| Noon - 1 PM | 8.1% |
| 1 PM - 2 PM | 8.4% |
| 2 PM - 3 PM | 4.9% |
| 3 PM - 4 PM | 6.1% |
| 4 PM - 5 PM | 5.2% |
| 5 PM - 6 PM | 3.9% |
| 6 PM - 7 PM | 4.5% |
| 7 PM - 8 PM | 4.9% |
| 8 PM - 9 PM | 6.8% |
| 9 PM - 10 PM | 5.2% |
| 10 PM - 11 PM | 5.5% |
| 11 PM - Midnight | 5.8% |
Busy Seasons
The data below lists the peak seasons for mortgage loan applications received by Super Brokers. The busiest season for mortgage applications located in Richmond Hill, ON happens to occur in Spring with 30.4% of total applications, while the slowest season is Summer with 21.7%.
- Winter
- Spring
- Summer
- Autumn
| Winter | 25.2% |
| Spring | 30.4% |
| Summer | 21.7% |
| Autumn | 22.7% |
Age Ranges for Mortgage Applicants
In Richmond Hill, ON, the median age for when folks apply for a mortgage loan is 38. The youngest person to apply for a mortgage online was 22 years old, inversely the most aged was 87 years young.
Marital Status for Mortgage Applicants
When folks in Richmond Hill, ON apply for a mortgage through our website, they enter a marital status, and the most popular status' they report are Married with 62.1%, Single with 24.6%, Common Law with 5.2%, Separated with 4.2%, Divorced with 2.6%, and Widowed with 1.3%.
Mortgage Types
Of all of the applications in Richmond Hill, ON, the 4 most popular mortgage application types are Renewal with 21.7%, Qualification with 20.1%, Refinance with 13.6%, and Purchase with 12.6%.
- Renewal
- Other
- Qualification
- Refinance
- Purchase
- First-time Buyer
| Renewal | 21.7% |
| Other | 20.4% |
| Qualification | 20.1% |
| Refinance | 13.6% |
| Purchase | 12.6% |
| First-time Buyer | 11.7% |
Current Living Arrangement
When asked on a mortgage application if they own or rent and where they currently reside, the folks of Richmond Hill, ON most commonly report: Own with 59.9%, Rent with 25.2%, and Live with parents with 10.4%.
