Mortgage Stats and Info for Sault Ste. Marie, ON

Busy Months

This bar graph illustrates the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Sault Ste. Marie, ON seems to occur in July with 12.7% of applications, while our slowest is December with 2.2%.

Busy Months for Mortgages in Sault Ste. Marie

Busy Days

The graph below illustrates the busy days for mortgage inquiries 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 Sault Ste. Marie, ON the most busy day of the week, having more than 20.5% of all inquiries, is Monday. In comparison, Sunday is the slowest day with only 10.1% of all inquiries.

Busy Days for Mortgages in Sault Ste. Marie

Peak Hours

In Sault Ste. Marie, ON, mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The report shown below indicates the rush hours within a 24-hour period. 38.1% of all mortgages are received during the morning, while 61.9% arrive in the afternoon.

0%3%6%9%12%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in Sault Ste. Marie
Midnight - 1 AM3.4%
1 AM - 2 AM0.0%
2 AM - 3 AM2.2%
3 AM - 4 AM0.7%
4 AM - 5 AM0.7%
5 AM - 6 AM0.4%
6 AM - 7 AM0.4%
7 AM - 8 AM1.1%
8 AM - 9 AM3.0%
9 AM - 10 AM3.4%
10 AM - 11 AM6.3%
11 AM - Noon6.0%
Noon - 1 PM7.1%
1 PM - 2 PM6.7%
2 PM - 3 PM6.7%
3 PM - 4 PM6.3%
4 PM - 5 PM9.0%
5 PM - 6 PM6.7%
6 PM - 7 PM7.5%
7 PM - 8 PM3.7%
8 PM - 9 PM5.6%
9 PM - 10 PM4.1%
10 PM - 11 PM4.1%
11 PM - Midnight4.9%

Busy Seasons

The information shown below lists the peak seasons for Internet mortgage applications received by Super Brokers. The busiest season for mortgage applications located within Sault Ste. Marie, ON generally occurs in Spring with 29.5% of total applications, while the slowest season is Winter with 20.1%.

  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in Sault Ste. Marie

Age Ranges for Mortgage Applicants

In Sault Ste. Marie, ON, the median age for when residents apply for a mortgage loan is 35. The youngest person to apply for a mortgage online was 18 years old, whereas the most aged was 67 years young.

Sault Ste. Marie020406080Min Age: 18Median Age: 35Maximum Age: 67

Marital Status for Mortgage Applicants

When folks in Sault Ste. Marie, ON fill out a mortgage application through our website, they enter a marital status, and the most frequent status' they report are Married with 42.5%, Single with 31.3%, Common Law with 16.4%, Separated with 6.3%, Divorced with 2.6%, and Widowed with 0.7%.

Sault Ste. Marie0255075100

Mortgage Types

Of the many applications in Sault Ste. Marie, ON, the 4 most prominent types are First-time Buyer with 22.8%, Qualification with 18.3%, No Money Down with 17.2%, and Purchase with 16.0%.

  • First-time Buyer
  • Qualification
  • No Money Down
  • Purchase
  • Other
  • Refinance
Mortgage Inquiry Types for Mortgages in Sault Ste. Marie
First-time Buyer22.8%
No Money Down17.2%

Current Living Arrangement

When asked on an online mortgage application if they own or rent and where they currently reside, the people of Sault Ste. Marie, ON most commonly tell us: Rent with 53.4%, Own with 34.0%, and Live with parents with 6.3%.

Sault Ste. Marie0255075100
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