Mortgage Stats and Info for Toronto, ON

Busy Months

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%.

JanFebMarAprMayJunJulAugSepOctNovDec0%3%6%9%12%
Busy Months for Mortgages in Toronto
March10.3%
January10.1%
May9.9%
April9.6%
February9.0%
June8.5%
July8.1%
September7.7%
October7.6%
November7.2%
August7.1%
December4.9%

Busy Days

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.

MonTueWedThuFriSatSun0%5%10%15%20%
Busy Days for Mortgages in Toronto
Monday18.0%
Tuesday17.9%
Wednesday17.1%
Thursday15.0%
Friday12.5%
Sunday11.0%
Saturday8.5%

Peak Hours

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.

0%3%6%9%12%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in Toronto
Midnight - 1 AM2.6%
1 AM - 2 AM1.4%
2 AM - 3 AM0.8%
3 AM - 4 AM0.5%
4 AM - 5 AM0.2%
5 AM - 6 AM0.3%
6 AM - 7 AM0.6%
7 AM - 8 AM1.4%
8 AM - 9 AM2.7%
9 AM - 10 AM4.6%
10 AM - 11 AM6.3%
11 AM - Noon8.0%
Noon - 1 PM7.1%
1 PM - 2 PM7.1%
2 PM - 3 PM7.4%
3 PM - 4 PM8.3%
4 PM - 5 PM7.4%
5 PM - 6 PM5.4%
6 PM - 7 PM4.9%
7 PM - 8 PM4.7%
8 PM - 9 PM4.7%
9 PM - 10 PM5.3%
10 PM - 11 PM5.0%
11 PM - Midnight3.6%

Busy Seasons

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%.

24.0%29.7%23.7%22.6%
  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in Toronto
Winter24.0%
Spring29.7%
Summer23.7%
Autumn22.6%

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.

Toronto0255075100Min Age: 18Median Age: 36Maximum Age: 100

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%.

Toronto0255075100

Mortgage Types

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%.

  • First-time Buyer
  • Qualification
  • Other
  • Purchase
  • No Money Down
  • Renewal
Mortgage Inquiry Types for Mortgages in Toronto
First-time Buyer23.8%
Qualification23.2%
Other20.5%
Purchase11.0%
No Money Down10.8%
Renewal10.7%

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%.

Toronto0255075100
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