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 within Olds

This graph represents the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Olds seem to occur during our second quarter (represented by the green bars) with 35.00% while our slowest is the fourth quarter (represented by the red bars) with 15.00%.

Busy Months Report for Olds Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 16.7%
2 May: 15.0%
3 July: 15.0%
4 June: 11.7%
5 April: 8.3%
6 December: 8.3%
RankMonth Percentage of Applications
7 January: 6.7%
8 February: 6.7%
9 August: 5.0%
10 October: 5.0%
11 November: 1.7%
12 September: 0.8%

Busy Days for Mortgages Originating within Olds

The bar graph below displays the busy days for Internet mortgage applications that were received by Super Brokers' web site. A combined total of all occurrences of each day are represented for the past 5 years. In Olds, the day with the most volume, having more than 30.00% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 5.00% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 30.0%
2: Tuesday: 16.7%
3: Thursday: 15.0%
4: Saturday: 13.3%
5: Wednesday: 11.7%
6: Sunday: 8.3%
7: Friday: 5.0%
Busy Days Report for Olds Mortgages

Peak Hours for Mortgage Applicants within Olds

Applications are received 24 hours a day via our web site. The statistics shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 20.0% of all mortgages are received during the morning, while 76.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Olds
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 1.7%
2AM 02:00 to 02:59: 1.7%
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: 0%
7AM 07:00 to 07:59: 1.7%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 6.7%
10AM 10:00 to 10:59: 1.7%
11AM 11:00 to 11:59: 10.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.3%
1PM 13:00 to 13:59: 10.0%
2PM 14:00 to 14:59: 13.3%
3PM 15:00 to 15:59: 11.7%
4PM 16:00 to 16:59: 8.3%
5PM 17:00 to 17:59: 1.7%
6PM 18:00 to 18:59: 5.0%
7PM 19:00 to 19:59: 5.0%
8PM 20:00 to 20:59: 5.0%
9PM 21:00 to 21:59: 8.3%
10PM 22:00 to 22:59: 1.7%
11PM 23:00 to 23:59: 3.3%

Alberta 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 Alberta

RankLocation Contribution
16:STONY PLAIN, AB 0.142%
17:LLOYDMINSTER, AB 0.119%
18:LEDUC, AB 0.117%
19:EDSON, AB 0.114%
20:FORT SASKATCHEWAN, AB 0.108%
21:OLDS, AB 0.107%
22:COCHRANE, AB 0.101%
23:HIGH RIVER, AB 0.101%
24:STRATHMORE, AB 0.099%
25:CANMORE, AB 0.098%
26:SYLVAN LAKE, AB 0.098%


Age Demographics for Olds Applicants

Average age: 38
Oldest age: 71
Youngest age: 22


Incomes for Olds Applicants

The numbers below represent the average income of Canadians living in Olds who have applied for a mortgage loan using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Olds: $57,085.32
applicants within all of Canada: $60,593.10
Difference: ($3,507.79)
  
mortgage co-applicants in Olds: $36,421.20
co-applicants within all of Canada: $43,761.59
Difference: ($7,340.39)

Note: Commercial Mortgage loans were not included for this report, only home loans from Olds, Alberta were used.

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