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Busy Months for Online Applications within Toronto

The graph below shows the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Toronto occur during our first quarter (represented by the brown bars) with 30.81% while our slowest is the fourth quarter (represented by the red bars) with 18.99%.

Busy Months Report for Toronto Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 10.8%
2 March: 10.5%
3 May: 10.1%
4 February: 9.5%
5 April: 9.5%
6 June: 8.4%
RankMonth Percentage of Applications
7 July: 7.8%
8 September: 7.7%
9 October: 7.4%
10 November: 7.0%
11 August: 6.8%
12 December: 4.6%

Busy Days for Mortgages Originating within Toronto

The information listed below plots the busy days for online applications that were received by Super Brokers. Each day represents a combined total of all occurrences of that day in the past 5 years. In Toronto, the day with the most volume, generating 18.56% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 8.66% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 18.6%
2: Monday: 18.0%
3: Wednesday: 17.3%
4: Thursday: 14.8%
5: Friday: 12.1%
6: Sunday: 10.6%
7: Saturday: 8.7%
Busy Days Report for Toronto Mortgages

Top 10 Days for Toronto Mortgage Inquiries


1: 008 on Wednesday, January 11, 2006.
2: 007 on Friday, April 24, 2009.
3: 006 on Monday, September 28, 2009.
4: 006 on Thursday, January 12, 2006.
5: 006 on Thursday, October 6, 2005.
6: 006 on Wednesday, May 13, 2009.
7: 006 on Thursday, January 17, 2008.
8: 006 on Thursday, May 8, 2008.
9: 005 on Wednesday, May 23, 2007.
10: 005 on Monday, March 23, 2009.

Note: These records do not include e-mails, contact forms, faxes, phone-ins or walk-ins.

Peak Hours for Mortgages within Toronto

Toronto mortgage applications are received 24 hours a day on the Super Brokers web site. The time periods below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Toronto
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.7%
1AM 01:00 to 01:59: 0.4%
2AM 02:00 to 02:59: 0.2%
3AM 03:00 to 03:59: 0.2%
4AM 04:00 to 04:59: 0.6%
5AM 05:00 to 05:59: 1.5%
6AM 06:00 to 06:59: 2.7%
7AM 07:00 to 07:59: 4.5%
8AM 08:00 to 08:59: 6.1%
9AM 09:00 to 09:59: 8.2%
10AM 10:00 to 10:59: 7.2%
11AM 11:00 to 11:59: 7.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.7%
1PM 13:00 to 13:59: 8.4%
2PM 14:00 to 14:59: 7.5%
3PM 15:00 to 15:59: 4.9%
4PM 16:00 to 16:59: 4.7%
5PM 17:00 to 17:59: 4.5%
6PM 18:00 to 18:59: 5.1%
7PM 19:00 to 19:59: 5.6%
8PM 20:00 to 20:59: 4.9%
9PM 21:00 to 21:59: 3.5%
10PM 22:00 to 22:59: 2.5%
11PM 23:00 to 23:59: 1.4%

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 21.15%
British Columbia: 10.37%
Manitoba: 1.99%
New Brunswick: 2.51%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.28%
Prince Edward Island: 0.50%
Quebec: 3.94%
Saskatchewan: 5.06%
Yukon: 0.47%

Current City Standing within Ontario

RankLocation Contribution
1:TORONTO, ON 4.346%
2:MISSISSAUGA, ON 2.352%
3:OTTAWA, ON 2.117%
4:LONDON, ON 1.488%
5:BRAMPTON, ON 1.469%
6:HAMILTON, ON 1.453%


Age Demographics for Toronto Mortgages

Average age: 38
Oldest age: 85
Youngest age: 20


Incomes for Toronto Mortgages

The following depicts the average income of applicants living in Toronto who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Toronto: $73,361.08
applicants within all of Canada: $60,836.57
Difference: $12,524.50
  
mortgage co-applicants in Toronto: $53,271.65
co-applicants within all of Canada: $44,026.21
Difference: $9,245.44

Note: Commercial Mortgage loans were not included for this report, only residential loans amounts were used.

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