Mortgage Stats and Info for Thunder Bay, ON
Busy Months
The following bar graph illustrates the volumes of applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Thunder Bay, ON happens to occur in January with 11.3% of applications, while our slowest is December with 4.2%.
| January | 11.3% |
| April | 11.3% |
| November | 10.5% |
| March | 10.1% |
| February | 8.8% |
| October | 8.8% |
| August | 8.4% |
| June | 8.0% |
| May | 7.1% |
| July | 6.7% |
| September | 4.6% |
| December | 4.2% |
Busy Days
The bar graph below illustrates the busy days for Internet applications that were received by Super Brokers' web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Thunder Bay, ON the busiest day of the week, having more than 19.3% of all applications, is Tuesday. In comparison, Sunday is the slowest day with only 9.2% of all inquiries.
| Tuesday | 19.3% |
| Monday | 18.5% |
| Wednesday | 14.7% |
| Saturday | 13.4% |
| Thursday | 13.0% |
| Friday | 11.8% |
| Sunday | 9.2% |
Peak Hours
Inquiries are received 24 hours a day from the Super Brokers' web site. The graph shown below represents the busy hours for mortgage applications over a 24-hour period. 36.6% of all mortgages are received in the morning, while 63.4% arrive in the afternoon.
| Midnight - 1 AM | 1.7% |
| 1 AM - 2 AM | 0.8% |
| 2 AM - 3 AM | 0.4% |
| 3 AM - 4 AM | 0.0% |
| 4 AM - 5 AM | 0.4% |
| 5 AM - 6 AM | 0.0% |
| 6 AM - 7 AM | 0.8% |
| 7 AM - 8 AM | 1.7% |
| 8 AM - 9 AM | 2.5% |
| 9 AM - 10 AM | 3.8% |
| 10 AM - 11 AM | 4.6% |
| 11 AM - Noon | 7.6% |
| Noon - 1 PM | 9.2% |
| 1 PM - 2 PM | 5.5% |
| 2 PM - 3 PM | 8.8% |
| 3 PM - 4 PM | 6.3% |
| 4 PM - 5 PM | 6.3% |
| 5 PM - 6 PM | 4.6% |
| 6 PM - 7 PM | 5.5% |
| 7 PM - 8 PM | 5.9% |
| 8 PM - 9 PM | 7.1% |
| 9 PM - 10 PM | 7.1% |
| 10 PM - 11 PM | 3.8% |
| 11 PM - Midnight | 5.5% |
Busy Seasons
The chart displayed below depicts the busy seasons for online application submissions received by Super Brokers. The busiest season for mortgages within Thunder Bay, ON mostly occurs in Spring with 28.6% of total applications, while our slow season is Summer with 23.1%.
- Winter
- Spring
- Summer
- Autumn
| Winter | 24.4% |
| Spring | 28.6% |
| Summer | 23.1% |
| Autumn | 23.9% |
Age Ranges for Mortgage Applicants
In Thunder Bay, ON, the median age for when people inquire about a mortgage is 36. The youngest to fill out a mortgage application was 18 years of age, inversely the most aged was 88 years old.
Marital Status for Mortgage Applicants
When people in Thunder Bay, ON fill out a mortgage application, they enter a marital status, and the most common status' they report are Married with 44.1%, Single with 32.8%, Common Law with 12.2%, Divorced with 5.5%, Separated with 4.2%, and Widowed with 1.3%.
Mortgage Types
Of the mortgage applications in Thunder Bay, ON, the 3 most common online inquiry types are First-time Buyer with 19.3%, Refinance with 18.9%, and Qualification with 16.8%.
- First-time Buyer
- Refinance
- Qualification
- Purchase
- Renewal
- No Money Down
- Other
| First-time Buyer | 19.3% |
| Refinance | 18.9% |
| Qualification | 16.8% |
| Purchase | 13.4% |
| Renewal | 12.2% |
| No Money Down | 10.5% |
| Other | 8.8% |
Current Living Arrangement
When asked on a mortgage application if they rent or own and where they live, the residents of Thunder Bay, ON commonly respond: Own with 46.2%, Rent with 39.9%, and Live with parents with 5.5%.
