Alberta Mortgage #MW-0511205, BC Mortgage #X028169,
FSCO (Ontario) #10315, Saskatchewan Mortgage #315872,
and all other provinces.
 
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Busy Months for Mortgages in Alberta

The following bar graph depicts the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages occur during our second quarter (represented by the green bars) with 30.02% while our slowest is the fourth quarter (represented by the red bars) with 17.45%.

Busy Months Report for Alberta Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 10.5%
2 May: 10.4%
3 March: 10.3%
4 April: 10.1%
5 June: 9.5%
6 February: 9.0%
RankMonth Percentage of Applications
7 July: 8.1%
8 August: 7.5%
9 September: 7.1%
10 October: 7.0%
11 November: 5.8%
12 December: 4.7%

Busy Days for Mortgages in Alberta

The information listed below displays the busy days for online inquiries that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Alberta, the day with the most volume, generating 18.44% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 8.48% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 18.4%
2: Tuesday: 18.3%
3: Wednesday: 16.8%
4: Thursday: 15.3%
5: Friday: 12.3%
6: Sunday: 10.4%
7: Saturday: 8.5%
Busy Days Report for Alberta Mortgages

Peak Hours for Alberta Mortgage Applications

Alberta mortgage applications are received 24 hours a day via our web site. The following represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 25.4% of all mortgages are received during the morning, while 71.5% arrive in the afternoon.


Peak Hours Graph for Mortgages in Alberta
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.6%
1AM 01:00 to 01:59: 1.0%
2AM 02:00 to 02:59: 0.6%
3AM 03:00 to 03:59: 0.3%
4AM 04:00 to 04:59: 0.3%
5AM 05:00 to 05:59: 0.5%
6AM 06:00 to 06:59: 0.6%
7AM 07:00 to 07:59: 1.6%
8AM 08:00 to 08:59: 3.0%
9AM 09:00 to 09:59: 5.2%
10AM 10:00 to 10:59: 6.6%
11AM 11:00 to 11:59: 7.4%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.4%
1PM 13:00 to 13:59: 7.3%
2PM 14:00 to 14:59: 7.7%
3PM 15:00 to 15:59: 7.7%
4PM 16:00 to 16:59: 6.1%
5PM 17:00 to 17:59: 5.0%
6PM 18:00 to 18:59: 5.3%
7PM 19:00 to 19:59: 5.6%
8PM 20:00 to 20:59: 5.9%
9PM 21:00 to 21:59: 5.6%
10PM 22:00 to 22:59: 4.8%
11PM 23:00 to 23:59: 3.0%

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage in Comparison
Alberta: 100.0%
British Columbia: 50.0%
Manitoba: 9.5%
New Brunswick: 12.1%
Newfoundland and Labrador: 6.2%
Nova Scotia: 15.9%
Northwest Territories: 2.3%
Nunavut: 0.5%
Ontario: 228.8%
Prince Edward Island: 2.4%
Quebec: 19.0%
Saskatchewan: 24.1%
Yukon: 2.3%

Top Producing Cities / Towns for Mortgages in Alberta

Rank City or Town within
the province of Alberta
Percentage
of Inquiries
Avg
Age
Average
Income
Average
Co-Income
Average
Loan
1:CALGARY, AB 32.490% 37 $69,415 $49,321 $247,698
2:EDMONTON, AB 20.936% 36 $60,971 $44,856 $224,999
3:FORT MCMURRAY, AB 3.067% 35 $100,599 $63,537 $348,676
4:RED DEER, AB 3.050% 35 $60,854 $40,676 $210,711
5:LETHBRIDGE, AB 2.054% 38 $54,709 $33,299 $198,778
6:SHERWOOD PARK, AB 1.849% 40 $74,341 $53,179 $231,264
7:GRANDE PRAIRIE, AB 1.679% 35 $70,879 $47,693 $205,813
8:ST ALBERT, AB 1.466% 38 $72,627 $45,904 $221,792
9:AIRDRIE, AB 1.363% 38 $69,080 $48,515 $238,776
10:MEDICINE HAT, AB 1.363% 35 $58,030 $47,036 $189,174
11:OKOTOKS, AB 1.218% 36 $75,188 $47,620 $241,240
12:SPRUCE GROVE, AB 1.065% 37 $77,081 $46,409 $236,349
13:COLD LAKE, AB 0.912% 33 $60,475 $38,445 $237,743
14:BROOKS, AB 0.912% 33 $65,022 $37,633 $165,943
15:WHITECOURT, AB 0.682% 35 $69,973 $36,943 $187,316
16:STONY PLAIN, AB 0.682% 38 $65,545 $46,405 $215,169
17:LLOYDMINSTER, AB 0.571% 33 $62,002 $39,304 $202,733
18:LEDUC, AB 0.562% 37 $75,563 $54,541 $220,438
19:EDSON, AB 0.545% 35 $67,968 $35,396 $202,265
20:FORT SASKATCHEWAN, AB 0.520% 35 $67,406 $42,847 $217,027
21:OLDS, AB 0.511% 38 $57,085 $36,421 $168,196
22:COCHRANE, AB 0.486% 38 $74,012 $52,214 $229,220
23:HIGH RIVER, AB 0.486% 37 $67,198 $41,825 $235,506
24:STRATHMORE, AB 0.477% 37 $61,463 $39,333 $202,196
25:CANMORE, AB 0.469% 37 $72,102 $45,808 $286,748
26:SYLVAN LAKE, AB 0.469% 34 $67,947 $55,419 $247,993
27:WETASKIWIN, AB 0.460% 38 $58,361 $32,876 $172,349
28:CAMROSE, AB 0.400% 35 $55,267 $41,858 $217,728
29:CHESTERMERE, AB 0.383% 37 $81,700 $64,795 $282,262
30:LACOMBE, AB 0.366% 37 $65,853 $44,011 $215,372
31:INNISFAIL, AB 0.366% 38 $58,678 $38,698 $210,026
32:DRAYTON VALLEY, AB 0.358% 33 $67,424 $53,668 $185,983
33:ROCKY MOUNTAIN HOUSE, AB 0.358% 36 $60,312 $57,756 $211,667
34:HINTON, AB 0.332% 39 $68,031 $43,778 $211,475
35:SLAVE LAKE, AB 0.324% 35 $51,083 $36,189 $180,405
36:BEAUMONT, AB 0.324% 40 $72,252 $36,538 $210,580
37:HIGH PRAIRIE, AB 0.307% 36 $65,084 $61,481 $173,689
38:PEACE RIVER, AB 0.281% 37 $70,932 $45,410 $202,933
39:PONOKA, AB 0.273% 37 $57,783 $35,666 $177,901
40:BARRHEAD, AB 0.264% 33 $61,564 $39,487 $192,418
41:DEVON, AB 0.256% 36 $88,117 $32,097 $204,923
42:BONNYVILLE, AB 0.230% 30 $62,465 $104,000 $193,884
43:STETTLER, AB 0.230% 39 $74,671 $40,733 $165,456
44:ATHABASCA, AB 0.230% 34 $68,681 $35,593 $175,372
45:REDCLIFF, AB 0.230% 35 $53,553 $39,600 $150,821
46:DRUMHELLER, AB 0.222% 39 $68,680 $57,836 $161,678
47:DIDSBURY, AB 0.222% 42 $67,545 $41,362 $196,036
48:ST PAUL, AB 0.222% 33 $72,522 $36,690 $223,604
49:ONOWAY, AB 0.204% 40 $73,842 $36,713 $199,085
50:TABER, AB 0.204% 43 $68,382 $37,728 $163,471

Age Demographics for Alberta Mortgage Inquiries

Average age: 37
Oldest age: 89
Youngest age: 19


Incomes for Alberta Mortgage Inquiries

The amounts below are the average income of people living in Alberta who have submitted a mortgage inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Alberta: $67,123.04
applicants within all of Canada: $60,593.10
Difference: $6,529.93
  
mortgage co-applicants in Alberta: $46,554.40
co-applicants within all of Canada: $43,761.59
Difference: $2,792.81

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

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Mortgage Rate History
Interested in seeing see how variable rate mortgages measure up to fixed rate mortgages? Our mortgage rates history report will show you what you need to know. Look back up to ten years to see how rates have changed over time.
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