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Pickering Mortgage Information

Average Mortgage Loan in Pickering: $183,081

Busy Months for Applications within Pickering

This bar graph shows the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Pickering happen to occur during our first quarter (represented by the brown bars) with 31.49% while our slowest is the fourth quarter (represented by the red bars) with 18.23%.

Busy Months Report for Pickering Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 12.2%
2 January: 10.5%
3 June: 10.5%
4 April: 9.9%
5 May: 9.4%
6 October: 9.4%
RankMonth Percentage of Applications
7 February: 8.8%
8 September: 8.3%
9 July: 6.1%
10 August: 6.1%
11 November: 5.0%
12 December: 3.9%

Busy Days for Online Mortgages within Pickering

The graph below illustrates the busy days for Internet mortgage applications that were received by Super Brokers. A combined total of all occurrences of each day are represented for the past 5 years. In Pickering the busiest day, with approximately 21.55% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 7.73% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 21.6%
2 Monday: 18.8%
3 Wednesday: 17.1%
4 Friday: 11.6%
5 Thursday: 11.6%
6 Sunday: 11.6%
7 Saturday: 7.7%
Busy Days Report for Pickering Mortgages

Peak Hours for Mortgages within Pickering

In Pickering, inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The graph shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 42.0% of all mortgages are received before noon, while 57.5% arrive in the afternoon.


Peak Hours Graph for Mortgages in Pickering
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.6%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0.6%
4AM 04:00 to 04:59: 0.6%
5AM 05:00 to 05:59: 1.1%
6AM 06:00 to 06:59: 1.1%
7AM 07:00 to 07:59: 3.3%
8AM 08:00 to 08:59: 8.3%
9AM 09:00 to 09:59: 12.2%
10AM 10:00 to 10:59: 7.2%
11AM 11:00 to 11:59: 7.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.2%
1PM 13:00 to 13:59: 6.1%
2PM 14:00 to 14:59: 7.7%
3PM 15:00 to 15:59: 7.7%
4PM 16:00 to 16:59: 8.3%
5PM 17:00 to 17:59: 6.6%
6PM 18:00 to 18:59: 6.1%
7PM 19:00 to 19:59: 2.8%
8PM 20:00 to 20:59: 1.1%
9PM 21:00 to 21:59: 1.1%
10PM 22:00 to 22:59: 1.1%
11PM 23:00 to 23:59: 1.7%

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 Pickering Ranks in Ontario for Mortgage Business

The following table lists how Pickering 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
26AJAX, ON 0.399%
27WATERLOO, ON 0.398%
28THUNDER BAY, ON 0.379%
29WHITBY, ON 0.375%
30NIAGARA FALLS, ON 0.323%
31PICKERING, ON 0.313%
32NEWMARKET, ON 0.309%
33NEPEAN, ON 0.308%
34CORNWALL, ON 0.280%
35TIMMINS, ON 0.268%
36MILTON, ON 0.259%

Types of Mortgage Inquiries Received from Pickering


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 21.0%
Mortgage Pre-approval: 19.3%
Mortgage Renewal: 14.9%
First-time Home Buyer: 13.3%
New Home Purchase: 11.0%
No Money Down Mortgage (discontinued): 10.5%
Other: 10%
 
Total Application Types Found: 13

Age Demographics for Pickering Based Mortgages

Average age: 40
Oldest age: 69
Youngest age: 21


Incomes for Pickering Based Mortgages

The following depicts the average income of applicants living in Pickering who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Pickering: $65,096.63
applicants within all of Canada: $60,852.54
Difference: $4,244.09
  
mortgage co-applicants in Pickering: $55,514.58
co-applicants within all of Canada: $43,965.51
Difference: $11,549.07

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

Nearest Settlements


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


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