is not currently taking mortgage applications.
Super Brokers
Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Busy Days for Applications within Vaughan

The data below shows the busy days for online inquiries that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Vaughan the busiest day, with 28.57% of all applications, is Wednesday. In comparison, Friday's are the slowest day with only 7.14% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Wednesday: 28.6%
2: Monday: 14.3%
3: Sunday: 14.3%
4: Saturday: 14.3%
5: Tuesday: 10.7%
6: Thursday: 10.7%
7: Friday: 7.1%
Busy Days Report for Vaughan Mortgages

Peak Hours for Originated Mortgages within Vaughan

In Vaughan, applications are received 24 hours a day from the CanEquity web site. The graph shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 39.3% of all mortgages are received before noon, while 53.6% arrive in the afternoon.

Peak Hours Graph for Mortgages in Vaughan
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.6%
1AM 01:00 to 01:59: 3.6%
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: 7.1%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 3.6%
9AM 09:00 to 09:59: 3.6%
10AM 10:00 to 10:59: 7.1%
11AM 11:00 to 11:59: 17.9%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.1%
1PM 13:00 to 13:59: 10.7%
2PM 14:00 to 14:59: 10.7%
3PM 15:00 to 15:59: 0%
4PM 16:00 to 16:59: 3.6%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 7.1%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 7.1%
9PM 21:00 to 21:59: 7.1%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

Ontario Mortgage Originations Compared to all other Provinces

Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.83%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.31%
Northwest Territories: 0.48%
Nunavut: 0.10%
Ontario: 47.68%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.03%
Yukon: 0.48%

Current City Standing within Ontario

RankLocation Contribution
127:HARROW, ON 0.051%
128:KENORA, ON 0.051%
129:KINCARDINE, ON 0.051%
130:TOTTENHAM, ON 0.051%
131:KAPUSKASING, ON 0.050%
132:VAUGHAN, ON 0.050%
133:GANANOQUE, ON 0.050%
134:NEWCASTLE, ON 0.050%
135:PRESCOTT, ON 0.050%
136:CHELMSFORD, ON 0.048%
137:GRAVENHURST, ON 0.048%

Age Demographics for Vaughan Mortgages

Average age: 38
Oldest age: 67
Youngest age: 25

Incomes for Vaughan Mortgages

The amounts below are the average income of applicants living in Vaughan who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Vaughan: $96,766.19
applicants within all of Canada: $60,593.10
Difference: $36,173.09
mortgage co-applicants in Vaughan: $59,120.50
co-applicants within all of Canada: $43,761.59
Difference: $15,358.91

Since the average income of Vaughan is much higher than our national average, we have included the MEDIAN annual gross income for this town. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Vaughan: $68,815.50
applicants within all of Canada: $60,593.10
Difference: $8,222.40

Note: Commercial Mortgages were not included for this section, only home loans from Vaughan, Ontario were used.

Mortgage Rates
If you look for a mortgage online, you'll soon see that from one lender, bank, or broker to the next, the rates offered can be substantially different. Some high, some low. Compare the best mortgage rates and make sure your money isn't being wasted.
Mortgage Rates
Amazing Mortgage Calculator
We don't like to boast, but we think the our new mortgage calculator is amazing. It can automatically generate charts and graphs that correspond with the rates, terms and amortizations that you enter, while letting you compare two different mortgages side-by-side. And if you're feeling feisty, you can even add in lump sum payments and see how they affect your mortgage.
Amazing Mortgage Calculator
Did you know? The average home loan in Kitchener is: Discover many more facts and statistics exclusively here at CanEquity Mortgage.