Alberta Mortgage #MW-0511205, BC Mortgage #X028169,
FSCO (Ontario) #10315, Saskatchewan Mortgage #315872,
and all other provinces.
 
PRESENTED BY

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Busy Months for Mortgages within Halifax

This graph shows the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Halifax occur during our first quarter (represented by the brown bars) with 30.24% while our slowest is the fourth quarter (represented by the red bars) with 19.35%.

Busy Months Report for Halifax Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 15.7%
2 August: 10.1%
3 May: 8.9%
4 July: 8.9%
5 October: 8.9%
6 September: 8.9%
RankMonth Percentage of Applications
7 March: 8.5%
8 April: 7.7%
9 November: 6.0%
10 February: 6.0%
11 June: 6.0%
12 December: 4.4%

Busy Days for Applications within Halifax

The graph listed below compares the busy days for Internet applications that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Halifax the busiest day, with 16.94% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 8.87% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 16.9%
2: Monday: 16.5%
3: Thursday: 15.3%
4: Sunday: 14.5%
5: Wednesday: 14.1%
6: Friday: 13.7%
7: Saturday: 8.9%
Busy Days Report for Halifax Mortgages

Peak Hours for Mortgage Applicants within Halifax

In Halifax, mortgages are received 24 hours a day from the Mortgage Super Brokers web site. The graph shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Halifax
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0.4%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 1.6%
4AM 04:00 to 04:59: 1.2%
5AM 05:00 to 05:59: 2.0%
6AM 06:00 to 06:59: 2.0%
7AM 07:00 to 07:59: 5.6%
8AM 08:00 to 08:59: 8.5%
9AM 09:00 to 09:59: 8.1%
10AM 10:00 to 10:59: 7.7%
11AM 11:00 to 11:59: 4.4%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.3%
1PM 13:00 to 13:59: 5.2%
2PM 14:00 to 14:59: 4.8%
3PM 15:00 to 15:59: 4.4%
4PM 16:00 to 16:59: 6.9%
5PM 17:00 to 17:59: 10.5%
6PM 18:00 to 18:59: 7.3%
7PM 19:00 to 19:59: 4.0%
8PM 20:00 to 20:59: 2.8%
9PM 21:00 to 21:59: 3.6%
10PM 22:00 to 22:59: 0.8%
11PM 23:00 to 23:59: 0.8%

Nova Scotia 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 Nova Scotia

RankLocation Contribution
1:HALIFAX, NS 0.440%
2:DARTMOUTH, NS 0.307%
3:SYDNEY, NS 0.192%
4:TRURO, NS 0.170%
5:LOWER SACKVILLE, NS 0.112%
6:AMHERST, NS 0.107%


Age Demographics for Halifax Mortgage Applicants

Average age: 35
Oldest age: 66
Youngest age: 20


Incomes for Halifax Mortgage Applicants

The numbers below represent the average income of Canadians living in Halifax who have submitted a mortgage inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Halifax: $52,802.19
applicants within all of Canada: $60,593.10
Difference: ($7,790.92)
  
mortgage co-applicants in Halifax: $40,820.93
co-applicants within all of Canada: $43,761.59
Difference: ($2,940.66)

Note: Commercial loan amounts were not included for this report, only residential mortgages from Halifax, Nova Scotia were used.

Try Our Mortgage Calculator Now
Did you know that by increasing your down payment from 5% to 20% on a $500,000 home you can save yourself almost $11,000 in interest and over $13,000 in CMHC mortgage insurance premiums? Try our mortgage calculator and find out how a simple change in your down payment amount can save you thousands of dollars.
Calculator Buttons
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Laval.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt21.85%
Mortgage Renewal20.17%
Pre-approval11.76%
New Purchase9.24%
Mortgage Pre-approval8.40%
First-time Home Buyer8.40%
No Money Down discontinued5.88%
Commercial Financing4.20%
Other10.08%
 
Mortgage Brokers
With over 75 banks and mortgage lenders to choose from, we have access to the best rates in Canada. Our top rated mortgage brokers are willing and able to find the perfect mortgage product for your situation and get you the lowest rate possible.
Top Rated Mortgage Brokers