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ToolsThornhill Mortgage Information
Average Mortgage Loan in Thornhill: $272,113Busy Months for Mortgages Received within Thornhill
The graph below shows the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Thornhill seem to occur during our second quarter (represented by the green bars) with 34.48% while our slowest is the fourth quarter (represented by the red bars) with 14.48%.
Rankings for Busy Mortgage Months
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 1 | May: | 13.8% | |
| 2 | April: | 12.4% | |
| 3 | February: | 11.7% | |
| 4 | July: | 9.0% | |
| 5 | January: | 8.3% | |
| 6 | June: | 8.3% |
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 7 | March: | 7.6% | |
| 8 | August: | 7.6% | |
| 9 | December: | 6.9% | |
| 10 | September: | 6.9% | |
| 11 | October: | 6.2% | |
| 12 | November: | 1.4% |
Busy Days for Applications within Thornhill
The information below compares the busy days for mortgage inquiries that were received by Super Brokers' web site. A combined total of all occurrences of each day are represented for the past 5 years. In Thornhill the busiest day, with approximately 21.38% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 8.97% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1 | Monday: | 21.4% |
| 2 | Tuesday: | 18.6% |
| 3 | Friday: | 15.9% |
| 4 | Wednesday: | 15.9% |
| 5 | Thursday: | 9.7% |
| 6 | Sunday: | 9.7% |
| 7 | Saturday: | 9.0% |
Peak Hours for Mortgages within Thornhill
Applications are received 24 hours a day from the Super Brokers web site. The report shown below indicates the rush hours in the day. The data is taken from all days of all years.
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| 12AM | 00:00 to 00:59: | 0% |
| 1AM | 01:00 to 01:59: | 0.7% |
| 2AM | 02:00 to 02:59: | 0% |
| 3AM | 03:00 to 03:59: | 0% |
| 4AM | 04:00 to 04:59: | 0% |
| 5AM | 05:00 to 05:59: | 1.4% |
| 6AM | 06:00 to 06:59: | 0.7% |
| 7AM | 07:00 to 07:59: | 4.8% |
| 8AM | 08:00 to 08:59: | 5.5% |
| 9AM | 09:00 to 09:59: | 8.3% |
| 10AM | 10:00 to 10:59: | 7.6% |
| 11AM | 11:00 to 11:59: | 11.0% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 8.3% |
| 1PM | 13:00 to 13:59: | 11.0% |
| 2PM | 14:00 to 14:59: | 4.8% |
| 3PM | 15:00 to 15:59: | 2.8% |
| 4PM | 16:00 to 16:59: | 4.1% |
| 5PM | 17:00 to 17:59: | 9.0% |
| 6PM | 18:00 to 18:59: | 3.4% |
| 7PM | 19:00 to 19:59: | 5.5% |
| 8PM | 20:00 to 20:59: | 5.5% |
| 9PM | 21:00 to 21:59: | 4.8% |
| 10PM | 22:00 to 22:59: | 0.7% |
| 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: | 21.07% |
| 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 Thornhill Ranks in Ontario for Mortgage Business
The following table lists how Thornhill 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 |
|---|---|---|
| 35 | TIMMINS, ON | 0.268% |
| 36 | MILTON, ON | 0.259% |
| 37 | KANATA, ON | 0.259% |
| 38 | WOODSTOCK, ON | 0.254% |
| 39 | SARNIA, ON | 0.252% |
| 40 | THORNHILL, ON | 0.251% |
| 41 | BELLEVILLE, ON | 0.249% |
| 42 | ORLEANS, ON | 0.244% |
| 43 | STONEY CREEK, ON | 0.240% |
| 44 | WELLAND, ON | 0.239% |
| 45 | NORTH BAY, ON | 0.235% |
Types of Mortgage Inquiries Received from Thornhill
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| Mortgage Renewal: | 20.7% | |
| New Home Purchase: | 19.3% | |
| Mortgage Pre-approval: | 17.2% | |
| First-time Home Buyer: | 15.2% | |
| Refinance / Debt Consolidation: | 9.7% | |
| No Money Down Mortgage (discontinued): | 4.1% | |
| Commercial: | 4.1% | |
| Other: | 9.7% | |
| Total Application Types Found: 13 | ||
Age Demographics for Thornhill Mortgage Applicants
Average age: 42
Oldest age: 76
Youngest age: 20
Incomes for Thornhill Mortgage Applicants
The amounts shown below represent the average income of Canadians living in Thornhill who have submitted a mortgage inquiry using the pre-approval application on Mortgage Super Brokers' web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Thornhill: | $83,168.84 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | $22,316.30 |
| mortgage co-applicants in Thornhill: | $48,009.71 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | $4,044.20 |
Nearest Settlements
- Don Mills
- Downsview
- East York
- Kleinburg
- North York
- Scarborough
- Toronto
- Unionville
- Willowdale
- Woodbridge
- Compare Interest Rates
- Thornhill Broker Contact
Municipal mortgage stats:
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Tel: Fax: info@superbrokers.ca |