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Busy Months for Mortgages Received within Victoria

The graph below represents the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Victoria usually occur during our first quarter (represented by the brown bars) with 32.18% while our slowest is the fourth quarter (represented by the red bars) with 15.80%.

Busy Months Report for Victoria Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 February: 12.9%
2 January: 10.9%
3 April: 10.9%
4 May: 10.3%
5 June: 9.5%
6 March: 8.3%
RankMonth Percentage of Applications
7 September: 8.1%
8 August: 6.9%
9 July: 6.3%
10 November: 6.0%
11 October: 6.0%
12 December: 3.7%

Busy Days for Online Mortgages within Victoria

The information below illustrates the busy days for Internet mortgage applications that were received by Super Brokers. Each day represents a combined total of all occurrences of that day in the past 5 years. In Victoria, the day with the most volume, having more than 19.83% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 9.77% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 19.8%
2: Monday: 19.0%
3: Thursday: 15.5%
4: Wednesday: 14.1%
5: Sunday: 12.1%
6: Friday: 9.8%
7: Saturday: 9.8%
Busy Days Report for Victoria Mortgages

Peak Hours for Based Mortgages within Victoria

Mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The following represents the peak hours in the day. The data is taken from all days of all years. Only 21.0% of all mortgages are received before noon, while 72.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Victoria
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.2%
1AM 01:00 to 01:59: 2.0%
2AM 02:00 to 02:59: 1.1%
3AM 03:00 to 03:59: 0.3%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0.3%
6AM 06:00 to 06:59: 1.1%
7AM 07:00 to 07:59: 0.6%
8AM 08:00 to 08:59: 1.4%
9AM 09:00 to 09:59: 5.5%
10AM 10:00 to 10:59: 4.0%
11AM 11:00 to 11:59: 7.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.5%
1PM 13:00 to 13:59: 6.3%
2PM 14:00 to 14:59: 5.5%
3PM 15:00 to 15:59: 7.2%
4PM 16:00 to 16:59: 7.2%
5PM 17:00 to 17:59: 6.0%
6PM 18:00 to 18:59: 4.6%
7PM 19:00 to 19:59: 8.3%
8PM 20:00 to 20:59: 6.3%
9PM 21:00 to 21:59: 4.0%
10PM 22:00 to 22:59: 5.7%
11PM 23:00 to 23:59: 4.0%

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%


Age Demographics for Victoria Originated Mortgages

Average age: 40
Oldest age: 82
Youngest age: 20


Incomes for Victoria Originated Mortgages

The amounts shown below represent the average income of people living in Victoria who have applied for a home loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Victoria: $62,194.83
applicants within all of Canada: $60,593.10
Difference: $1,601.73
  
mortgage co-applicants in Victoria: $44,544.28
co-applicants within all of Canada: $43,761.59
Difference: $782.69

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

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