Mortgage Stats and Info for Toronto, ON
This graph below depicts the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Toronto, ON usually occurs in March with 10.3% of applications, while our slowest is December with 4.9%.
The information listed below compares the busy days for mortgage applications that were received by the Super Brokers web site. Each day is a representation of the combined 5-year total of all instances of that day. In Toronto, ON the most busy day of the week, averaging 18.0% of all submissions, is Monday. In comparison, Saturday is the slowest day with only 8.5% of all inquiries.
In Toronto, ON, applications are received 24 hours a day via the Super Brokers web site. The time periods below represents the rush hours in the day. 39.5% of all mortgages are received in the morning, while 60.5% arrive in the afternoon.
The information below lists the peak seasons for online mortgage applications received by Super Brokers. The busiest season for mortgage applications in Toronto, ON mostly occurs in Spring with 29.7% of total applications, while our slow season is Autumn with 22.6%.
Age Ranges for Mortgage Applicants
In Toronto, ON, the median age for when residents apply for a mortgage is 36. The youngest person to fill out a mortgage application online was 18, inversely the most aged was 100 years old.
Marital Status for Mortgage Applicants
When mortgage applicants in Toronto, ON apply for a mortgage on our website, they enter a marital status, and the most frequent status' they report are Married with 42.8%, Single with 38.8%, Common Law with 10.5%, Divorced with 4.3%, Separated with 3.0%, Widowed with 0.7%, and No Comment with 0.0%.
Of all of the applications in Toronto, ON, the 5 most prominent online application types are First-time Buyer with 23.8%, Qualification with 23.2%, Purchase with 11.0%, No Money Down with 10.8%, and Renewal with 10.7%.
Current Living Arrangement
When asked on an online mortgage application if they own or rent and where they reside, the residents of Toronto, ON most commonly say: Rent with 52.1%, Own with 37.5%, and Live with parents with 4.8%.