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Newmarket Mortgage Information

Average Mortgage Loan in Newmarket: $216,922

Busy Months for Mortgages within Newmarket

The following bar graph displays the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Newmarket usually occur during our first quarter (represented by the brown bars) with 32.40% while our slowest is the fourth quarter (represented by the red bars) with 16.76%.

Busy Months Report for Newmarket Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 13.4%
2 May: 10.1%
3 August: 10.1%
4 February: 9.5%
5 March: 9.5%
6 April: 8.9%
RankMonth Percentage of Applications
7 July: 8.9%
8 September: 6.7%
9 November: 6.2%
10 June: 6.2%
11 October: 5.6%
12 December: 5.0%

Busy Days for Mortgage Inquiries within Newmarket

The bar graph listed below compares the busy days for online inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Newmarket, the day with the most volume, generating 19.55% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.94% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 19.6%
2 Friday: 16.2%
3 Wednesday: 16.2%
4 Tuesday: 15.6%
5 Sunday: 12.9%
6 Thursday: 10.6%
7 Saturday: 8.9%
Busy Days Report for Newmarket Mortgages

Peak Hours for Originated Mortgages within Newmarket

Mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The following represents the peak hours within a 24-hour period. The data is taken from all days of all years.

Peak Hours Graph for Mortgages in Newmarket
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.7%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 1.7%
3AM 03:00 to 03:59: 0.6%
4AM 04:00 to 04:59: 1.1%
5AM 05:00 to 05:59: 0.6%
6AM 06:00 to 06:59: 2.2%
7AM 07:00 to 07:59: 5.6%
8AM 08:00 to 08:59: 9.5%
9AM 09:00 to 09:59: 7.3%
10AM 10:00 to 10:59: 8.9%
11AM 11:00 to 11:59: 7.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 10.1%
1PM 13:00 to 13:59: 7.8%
2PM 14:00 to 14:59: 7.8%
3PM 15:00 to 15:59: 2.8%
4PM 16:00 to 16:59: 2.8%
5PM 17:00 to 17:59: 3.9%
6PM 18:00 to 18:59: 6.1%
7PM 19:00 to 19:59: 4.5%
8PM 20:00 to 20:59: 5.0%
9PM 21:00 to 21:59: 0.6%
10PM 22:00 to 22:59: 2.2%
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 Newmarket Ranks in Ontario for Mortgage Business

The following table lists how Newmarket 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
27WATERLOO, ON 0.398%
28THUNDER BAY, ON 0.379%
29WHITBY, ON 0.375%
31PICKERING, ON 0.313%
32NEWMARKET, ON 0.309%
33NEPEAN, ON 0.308%
34CORNWALL, ON 0.280%
35TIMMINS, ON 0.268%
36MILTON, ON 0.259%
37KANATA, ON 0.259%

Types of Mortgage Inquiries Received from Newmarket

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 18.4%
Refinance / Debt Consolidation: 17.3%
New Home Purchase: 16.2%
First-time Home Buyer: 15.6%
Mortgage Renewal: 11.7%
No Money Down Mortgage (discontinued): 8.4%
Other: 12.4%
Total Application Types Found: 14

Age Demographics for Newmarket Originated Mortgages

Average age: 38
Oldest age: 81
Youngest age: 19

Incomes for Newmarket Originated Mortgages

The amounts shown below represent the average income of Canadians living in Newmarket who have applied for a mortgage loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Newmarket: $60,580.48
applicants within all of Canada: $60,852.54
Difference: ($272.06)
mortgage co-applicants in Newmarket: $52,514.97
co-applicants within all of Canada: $43,965.51
Difference: $8,549.46

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

Nearest Settlements

1Sharon, Ontario
2Holland Landing, Ontario
3Gormley, Ontario
4Everett, Ontario
5Bradford, Ontario
6King City, Ontario
7Borden, Ontario
8Lisle, Ontario
9Aurora, Ontario
10Loretto, Ontario
11Markham, Ontario
12Cookstown, Ontario
13Keswick, Ontario
14Sutton, Ontario
15Caledon, Ontario
16Tottenham, Ontario
17Angus, Ontario
18Mount Albert, Ontario
19Beeton, Ontario
20Alliston, Ontario
21Maple, Ontario
22Pickering, Ontario
23Badjeros, Ontario
24Sandford, Ontario
25Richmond Hill, Ontario
26Goodwood, Ontario
27Downsview, Ontario
28Stouffville, Ontario
29Shelburne, Ontario
30Bolton, Ontario
31Unionville, Ontario
32Concord, Ontario
33Claremont, Ontario
34Greenwood, Ontario
35Utopia, Ontario
36Willow Beach, Ontario
37Woodbridge, Ontario
38Uxbridge, Ontario
39Stayner, Ontario
40Ajax, Ontario
41Schomberg, Ontario
42Ashburn, Ontario
43Palgrave, Ontario
44New Lowell, Ontario
45Orangeville, Ontario
46Terra Cotta, Ontario
47Scarborough, Ontario
48Kleinburg, Ontario
49Cheltenham, Ontario
50Brooklin, Ontario
51Elora, Ontario
52Thornhill, Ontario
53Willowdale, Ontario
54Alton, Ontario
55Barrie, Ontario
56Hillsburgh, Ontario
57Shanty Bay, Ontario
58Don Mills, Ontario
59East York, Ontario
60Gilford, Ontario
61North York, Ontario
62Oshawa, Ontario
63Whitby, Ontario
64Grand Valley, Ontario
65Vaughan, Ontario
66Brampton, Ontario
67Fergus, Ontario
68Georgetown, Ontario
69Collingwood, Ontario
70Toronto, Ontario
71Midhurst, Ontario
72Erin, Ontario
73Orono, Ontario
74Courtice, Ontario
75Creemore, Ontario
76Hawkestone, Ontario
77Churchill, Ontario
78Wasaga Beach, Ontario
79York, Ontario
80Etobicoke, Ontario
81Bowmanville, Ontario
82Arthur, Ontario
83Newcastle, Ontario
84Elmvale, Ontario
85Halton Hills, Ontario
86Rockwood, Ontario

Last mortgage report update for Newmarket: 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 Orillia.

Mortgage Product Type Inquiries
First-time Home Buyer22.03%
Mortgage Pre-approval21.19%
No Money Down discontinued15.25%
New Purchase14.41%
Refinance/Consolidate Debt13.56%
Mortgage Renewal7.63%
Did you know? The average home loan in Shelburne is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.