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Aurora Mortgage Information

Average Mortgage Loan in Aurora: $216,580

Busy Months for Online Applications within Aurora

The following bar graph shows the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Aurora happen to occur during our second quarter (represented by the green bars) with 32.04% while our slowest is the fourth quarter (represented by the red bars) with 16.50%.

Busy Months Report for Aurora Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 February: 11.7%
2 June: 11.7%
3 May: 10.7%
4 January: 9.7%
5 April: 9.7%
6 March: 9.7%
RankMonth Percentage of Applications
7 November: 7.8%
8 August: 7.8%
9 July: 6.8%
10 October: 6.8%
11 September: 5.8%
12 December: 1.9%

Busy Days for Applications within Aurora

The bar graph listed below displays the busy days for mortgage inquiries that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Aurora the most busy day of the week, with 23.30% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 3.88% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 23.3%
2 Monday: 19.4%
3 Friday: 17.5%
4 Thursday: 12.6%
5 Tuesday: 11.7%
6 Sunday: 11.7%
7 Saturday: 3.9%
Busy Days Report for Aurora Mortgages

Peak Hours for Mortgages within Aurora

Mortgage inquiries are received 24 hours a day from the Super Brokers' web site. The report shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Aurora
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.0%
1AM 01:00 to 01:59: 0%
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: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 1.9%
8AM 08:00 to 08:59: 9.7%
9AM 09:00 to 09:59: 11.7%
10AM 10:00 to 10:59: 10.7%
11AM 11:00 to 11:59: 7.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.7%
1PM 13:00 to 13:59: 11.7%
2PM 14:00 to 14:59: 4.9%
3PM 15:00 to 15:59: 1.9%
4PM 16:00 to 16:59: 1.9%
5PM 17:00 to 17:59: 6.8%
6PM 18:00 to 18:59: 4.9%
7PM 19:00 to 19:59: 5.8%
8PM 20:00 to 20:59: 3.9%
9PM 21:00 to 21:59: 1.9%
10PM 22:00 to 22:59: 2.9%
11PM 23:00 to 23:59: 1.9%

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 Aurora Ranks in Ontario for Mortgage Business

The following table lists how Aurora 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.

RankLocation Contribution
44WELLAND, ON 0.239%
45NORTH BAY, ON 0.235%
46WOODBRIDGE, ON 0.207%
47ORILLIA, ON 0.204%
48CHATHAM, ON 0.201%
49AURORA, ON 0.178%
50ST THOMAS, ON 0.175%
51ORANGEVILLE, ON 0.164%
52BROCKVILLE, ON 0.163%
53KESWICK, ON 0.152%
54BOWMANVILLE, ON 0.149%

Types of Mortgage Inquiries Received from Aurora


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 23.3%
Refinance / Debt Consolidation: 16.5%
First-time Home Buyer: 14.6%
New Home Purchase: 14.6%
Mortgage Pre-approval: 12.6%
No Money Down Mortgage (discontinued): 4.9%
Other: 13.4%
 
Total Application Types Found: 12

Age Demographics for Aurora Originated Mortgages

Average age: 39
Oldest age: 74
Youngest age: 20


Incomes for Aurora Originated Mortgages

The following figures show the average income of people living in Aurora who have applied for a loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Aurora: $72,408.85
applicants within all of Canada: $60,852.54
Difference: $11,556.31
  
mortgage co-applicants in Aurora: $56,562.77
co-applicants within all of Canada: $43,965.51
Difference: $12,597.26

Note: Commercial loan amounts were not included for this report, only residential mortgage loan amounts were used.

Nearest Settlements


1Gormley, Ontario
2Sharon, Ontario
3Newmarket, Ontario
4Bradford, Ontario
5King City, Ontario
6Maple, Ontario
7Richmond Hill, Ontario
8Markham, Ontario
9Downsview, Ontario
10Bolton, Ontario
11Holland Landing, Ontario
12Cookstown, Ontario
13Unionville, Ontario
14Concord, Ontario
15Woodbridge, Ontario
16Caledon, Ontario
17Tottenham, Ontario
18Everett, Ontario
19Schomberg, Ontario
20Palgrave, Ontario
21Borden, Ontario
22Pickering, Ontario
23Badjeros, Ontario
24Lisle, Ontario
25Loretto, Ontario
26Terra Cotta, Ontario
27Goodwood, Ontario
28Stouffville, Ontario
29Shelburne, Ontario
30Scarborough, Ontario
31Keswick, Ontario
32Kleinburg, Ontario
33Claremont, Ontario
34Greenwood, Ontario
35Uxbridge, Ontario
36Cheltenham, Ontario
37Sutton, Ontario
38Stayner, Ontario
39Angus, Ontario
40Thornhill, Ontario
41Mount Albert, Ontario
42Beeton, Ontario
43Alliston, Ontario
44Willowdale, Ontario
45Alton, Ontario
46Ajax, Ontario
47Ashburn, Ontario
48Hillsburgh, Ontario
49Don Mills, Ontario
50East York, Ontario
51North York, Ontario
52Orangeville, Ontario
53Vaughan, Ontario
54Sandford, Ontario
55Brampton, Ontario
56Fergus, Ontario
57Utopia, Ontario
58Willow Beach, Ontario
59Georgetown, Ontario
60Brooklin, Ontario
61Elora, Ontario
62Toronto, Ontario
63Erin, Ontario
64York, Ontario
65Etobicoke, Ontario
66New Lowell, Ontario
67Oshawa, Ontario
68Whitby, Ontario
69Grand Valley, Ontario
70Halton Hills, Ontario
71Rockwood, Ontario
72Hornby, Ontario
73Orono, Ontario
74Courtice, Ontario
75Creemore, Ontario
76Barrie, Ontario
77Shanty Bay, Ontario
78Bowmanville, Ontario
79Gilford, Ontario
80Arthur, Ontario
81Newcastle, Ontario
82Acton, Ontario


Last mortgage report update for Aurora: Friday, July 1, 2016
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