Mortgage Stats and Info for Scarborough, ON
Busy Months
The following bar graph illustrates the volumes of online applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Scarborough, ON generally occurs in March with 10.8% of applications, while our slowest is February with 5.4%.
| March | 10.8% |
| July | 10.6% |
| April | 10.2% |
| January | 9.7% |
| September | 8.9% |
| November | 8.2% |
| August | 8.0% |
| October | 7.6% |
| May | 7.4% |
| June | 7.3% |
| December | 5.8% |
| February | 5.4% |
Busy Days
The bar graph below illustrates the busy days for online applications that were received by Super Brokers' web site. Each day is a representation of the combined 5-year total of all instances of that day. In Scarborough, ON the most busy day, averaging 19.2% of all applications, is Monday. In comparison, Saturday is the slowest day with only 10.8% of all inquiries.
| Monday | 19.2% |
| Tuesday | 17.3% |
| Wednesday | 14.7% |
| Thursday | 14.3% |
| Friday | 12.1% |
| Sunday | 11.5% |
| Saturday | 10.8% |
Peak Hours
Inquiries are received 24 hours a day from our web site. The information shown below represents the peak hours over a 24-hour period. 37.6% of all mortgages are received during the morning, while 62.4% arrive in the afternoon.
| Midnight - 1 AM | 3.0% |
| 1 AM - 2 AM | 0.7% |
| 2 AM - 3 AM | 0.9% |
| 3 AM - 4 AM | 0.4% |
| 4 AM - 5 AM | 0.2% |
| 5 AM - 6 AM | 0.2% |
| 6 AM - 7 AM | 1.1% |
| 7 AM - 8 AM | 1.1% |
| 8 AM - 9 AM | 2.0% |
| 9 AM - 10 AM | 4.1% |
| 10 AM - 11 AM | 4.5% |
| 11 AM - Noon | 8.2% |
| Noon - 1 PM | 8.9% |
| 1 PM - 2 PM | 6.0% |
| 2 PM - 3 PM | 7.4% |
| 3 PM - 4 PM | 9.1% |
| 4 PM - 5 PM | 4.7% |
| 5 PM - 6 PM | 6.5% |
| 6 PM - 7 PM | 3.7% |
| 7 PM - 8 PM | 5.8% |
| 8 PM - 9 PM | 4.3% |
| 9 PM - 10 PM | 6.7% |
| 10 PM - 11 PM | 8.2% |
| 11 PM - Midnight | 2.2% |
Busy Seasons
The chart displayed below represents the busy seasons for mortgage inquiries received by Super Brokers. The busiest season for mortgage applications within Scarborough, ON generally occurs in Spring with 28.5% of applications, while our slow season is Winter with 20.9%.
- Winter
- Spring
- Summer
- Autumn
| Winter | 20.9% |
| Spring | 28.5% |
| Summer | 25.9% |
| Autumn | 24.8% |
Age Ranges for Mortgage Applicants
In Scarborough, ON, the median age for when people inquire about a mortgage loan is 36. The youngest to fill out a mortgage application online was 18 years of age, whereas the most aged was 100 years old.
Marital Status for Mortgage Applicants
When people in Scarborough, ON fill out a mortgage application with Super Brokers, they enter a marital status, and the most common status' they report are Married with 55.1%, Single with 28.9%, Common Law with 7.3%, Separated with 4.8%, Divorced with 2.2%, and Widowed with 1.7%.
Mortgage Types
Of the mortgages in Scarborough, ON, the 3 most common mortgage inquiry types are First-time Buyer with 22.5%, Qualification with 20.5%, and Purchase with 14.0%.
- First-time Buyer
- Qualification
- Other
- Purchase
- No Money Down
- Refinance
| First-time Buyer | 22.5% |
| Qualification | 20.5% |
| Other | 19.2% |
| Purchase | 14.0% |
| No Money Down | 13.2% |
| Refinance | 10.6% |
Current Living Arrangement
When asked on a mortgage application if they rent or own and where they currently live, the folks of Scarborough, ON most commonly respond: Rent with 50.5%, Own with 32.6%, and Live with parents with 10.1%.
