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

The graph below represents the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Burnaby mostly occur during our second quarter (represented by the green bars) with 30.69% while our slowest is the fourth quarter (represented by the red bars) with 14.81%.

Busy Months Report for Burnaby Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 May: 12.2%
2 August: 12.2%
3 March: 11.6%
4 February: 9.5%
5 June: 9.5%
6 January: 9.0%
RankMonth Percentage of Applications
7 April: 9.0%
8 October: 9.0%
9 September: 9.0%
10 November: 3.2%
11 July: 3.2%
12 December: 2.6%

Busy Days for Mortgages Received within Burnaby

The bar graph listed below compares the busy days for Internet mortgage applications that were received by the Super Brokers web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Burnaby the busiest day, with 19.05% of all submissions, is Tuesday. In comparison, Friday's are the slowest day with only 8.47% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 19.1%
2: Monday: 18.5%
3: Wednesday: 16.9%
4: Thursday: 13.2%
5: Sunday: 13.2%
6: Saturday: 10.6%
7: Friday: 8.5%
Busy Days Report for Burnaby Mortgages

Peak Hours for Mortgages within Burnaby

Mortgage applications are received 24 hours a day from our web site. The report shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 15.3% of all mortgages are received before noon, while 75.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Burnaby
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 5.3%
1AM 01:00 to 01:59: 2.6%
2AM 02:00 to 02:59: 1.1%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0.5%
6AM 06:00 to 06:59: 1.6%
7AM 07:00 to 07:59: 0.5%
8AM 08:00 to 08:59: 0.5%
9AM 09:00 to 09:59: 2.1%
10AM 10:00 to 10:59: 5.3%
11AM 11:00 to 11:59: 4.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.9%
1PM 13:00 to 13:59: 6.3%
2PM 14:00 to 14:59: 9.5%
3PM 15:00 to 15:59: 5.8%
4PM 16:00 to 16:59: 8.5%
5PM 17:00 to 17:59: 10.1%
6PM 18:00 to 18:59: 5.8%
7PM 19:00 to 19:59: 4.8%
8PM 20:00 to 20:59: 4.2%
9PM 21:00 to 21:59: 4.2%
10PM 22:00 to 22:59: 4.8%
11PM 23:00 to 23:59: 4.8%

British Columbia 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 British Columbia

RankLocation Contribution
1:VANCOUVER, BC 0.923%
2:SURREY, BC 0.699%
3:VICTORIA, BC 0.618%
4:BURNABY, BC 0.336%
5:KELOWNA, BC 0.325%
6:PRINCE GEORGE, BC 0.289%
7:ABBOTSFORD, BC 0.286%
8:RICHMOND, BC 0.270%
9:CHILLIWACK, BC 0.265%


Age Demographics for Burnaby Mortgages

Average age: 37
Oldest age: 63
Youngest age: 21


Incomes for Burnaby Mortgages

The amounts below are the average income of applicants living in Burnaby who have applied for a loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Burnaby: $60,741.72
applicants within all of Canada: $60,593.10
Difference: $148.62
  
mortgage co-applicants in Burnaby: $46,038.14
co-applicants within all of Canada: $43,761.59
Difference: $2,276.55

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

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Did you know? The average home loan in York is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Sault Ste Marie.

Mortgage Product Type Inquiries
First-time Home Buyer23.39%
Mortgage Pre-approval19.76%
New Purchase18.55%
No Money Down discontinued15.73%
Refinance/Consolidate Debt10.48%
Mortgage Renewal5.24%
Other6.85%