Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

York Mortgage Information

Average Mortgage Loan in York: $246,320

Busy Days for Mortgages Received within York

The bar graph listed below displays the busy days for online mortgage applications that were received by the Super Brokers web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In York, the day with the most volume, generating 20.59% of all inquiries, is Monday. In comparison, Thursday's are the slowest day with only 5.88% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 20.6%
2 Tuesday: 20.6%
3 Friday: 20.6%
4 Wednesday: 14.7%
5 Sunday: 8.8%
6 Saturday: 8.8%
7 Thursday: 5.9%
Busy Days Report for York Mortgages

Peak Hours for Based Mortgages within York

In York, inquiries are received 24 hours a day on the Mortgage Super Brokers web site. The graph shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in York
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 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: 2.9%
5AM 05:00 to 05:59: 2.9%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 2.9%
8AM 08:00 to 08:59: 8.8%
9AM 09:00 to 09:59: 0%
10AM 10:00 to 10:59: 2.9%
11AM 11:00 to 11:59: 8.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 2.9%
1PM 13:00 to 13:59: 8.8%
2PM 14:00 to 14:59: 5.9%
3PM 15:00 to 15:59: 8.8%
4PM 16:00 to 16:59: 5.9%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 11.8%
7PM 19:00 to 19:59: 11.8%
8PM 20:00 to 20:59: 8.8%
9PM 21:00 to 21:59: 2.9%
10PM 22:00 to 22:59: 2.9%
11PM 23:00 to 23:59: 0%

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 York Ranks in Ontario for Mortgage Business

The following table lists how York 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
113CALEDON, ON 0.061%
114PICTON, ON 0.061%
115BELLE RIVER, ON 0.061%
116CARLETON PLACE, ON 0.061%
117UXBRIDGE, ON 0.059%
118YORK, ON 0.059%
119GODERICH, ON 0.057%
120BANCROFT, ON 0.057%
121STURGEON FALLS, ON 0.055%
122BRIGHTON, ON 0.055%
123ANGUS, ON 0.054%

Types of Mortgage Inquiries Received from York


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 41.2%
First-time Home Buyer: 23.5%
Mortgage Pre-approval: 11.8%
Refinance / Debt Consolidation: 5.9%
Other: 17.4%
 
Total Application Types Found: 10

Age Demographics for York Mortgage Applicants

Average age: 39
Oldest age: 60
Youngest age: 26


Incomes for York Mortgage Applicants

The figures below represent the average income of people living in York who have applied for a mortgage loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in York: $49,688.75
applicants within all of Canada: $60,852.54
Difference: ($11,163.79)
  
mortgage co-applicants in York: $37,228.57
co-applicants within all of Canada: $43,965.51
Difference: ($6,736.94)

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


Last mortgage report update for York: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Georgetown.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt23.26%
Mortgage Renewal17.44%
First-time Home Buyer16.28%
Mortgage Pre-approval11.63%
New Purchase11.63%
No Money Down discontinued9.30%
Other10.47%
 
Did you know? The average home loan in Carleton Place is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario