Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
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Alberta Mortgage Information

Busy Months for Mortgages in Alberta

The bar graph below shows the volumes of Web 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 30.29% while our slowest is the fourth quarter (represented by the red bars) with 17.41%.

Busy Months Report for Alberta Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 May: 10.6%
2 January: 10.5%
3 April: 10.1%
4 March: 10.1%
5 June: 9.6%
6 February: 9.0%
RankMonth Percentage of Applications
7 July: 8.2%
8 August: 7.5%
9 September: 7.0%
10 October: 6.9%
11 November: 5.8%
12 December: 4.7%

Busy Days for Mortgages in Alberta

The graph below shows the busy days for Internet mortgage applications that were received by Super Brokers' web site. Each day is a representation of the combined 6-year total of all instances of that day. In Alberta the busiest day of the week, with 18.31% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.50% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 18.3%
2 Tuesday: 18.3%
3 Wednesday: 16.8%
4 Thursday: 15.4%
5 Friday: 12.3%
6 Sunday: 10.5%
7 Saturday: 8.5%
Busy Days Report for Alberta Mortgages

Peak Hours for Alberta Mortgage Applications

Mortgage applications are received 24 hours a day via the Super Brokers' web site. The statistics shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 25.4% of all mortgages are received before noon, 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: 0.5%
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: 5.3%
10AM 10:00 to 10:59: 6.5%
11AM 11:00 to 11:59: 7.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.4%
1PM 13:00 to 13:59: 7.4%
2PM 14:00 to 14:59: 7.6%
3PM 15:00 to 15:59: 7.7%
4PM 16:00 to 16:59: 6.2%
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: 5.5%
10PM 22:00 to 22:59: 4.8%
11PM 23:00 to 23:59: 3.1%

Alberta Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage in Comparison
Alberta: 100.0%
British Columbia: 49.3%
Manitoba: 9.5%
New Brunswick: 12.0%
Newfoundland and Labrador: 6.2%
Nova Scotia: 15.6%
Northwest Territories: 2.3%
Nunavut: 0.5%
Ontario: 224.5%
Prince Edward Island: 2.4%
Quebec: 18.7%
Saskatchewan: 23.9%
Yukon: 2.2%

Top Producing Cities / Towns for Mortgages in Alberta

Rank City or Town within
Alberta
Percentage
of Inquiries
Avg
Age
Average
Income
Average
Co-Income
Average
Home Loan
1CALGARY, AB 32.264% 37 $69,753 $49,577 $249,926
2EDMONTON, AB 20.705% 36 $61,267 $44,898 $226,166
3FORT MCMURRAY, AB 3.060% 35 $101,297 $65,134 $349,795
4RED DEER, AB 3.027% 35 $61,542 $40,647 $210,822
5LETHBRIDGE, AB 1.993% 38 $54,578 $33,299 $199,709
6SHERWOOD PARK, AB 1.805% 40 $74,466 $53,449 $234,112
7GRANDE PRAIRIE, AB 1.739% 35 $71,109 $51,023 $201,275
8ST ALBERT, AB 1.477% 39 $73,498 $45,152 $222,865
9AIRDRIE, AB 1.403% 38 $69,327 $48,611 $240,783
10MEDICINE HAT, AB 1.370% 35 $58,341 $47,659 $192,167
11OKOTOKS, AB 1.255% 36 $74,868 $48,990 $246,532
12SPRUCE GROVE, AB 1.083% 37 $76,363 $46,161 $237,568
13BROOKS, AB 0.935% 34 $65,830 $37,250 $170,491
14COLD LAKE, AB 0.911% 33 $61,439 $43,051 $242,983
15WHITECOURT, AB 0.705% 35 $71,833 $37,417 $182,614
16STONY PLAIN, AB 0.664% 38 $65,313 $46,405 $215,169
17LLOYDMINSTER, AB 0.607% 34 $66,654 $40,696 $217,715
18LEDUC, AB 0.558% 37 $76,656 $54,541 $221,541
19EDSON, AB 0.550% 35 $70,492 $36,826 $203,527
20FORT SASKATCHEWAN, AB 0.517% 35 $69,392 $42,847 $216,267
21OLDS, AB 0.509% 38 $57,573 $36,097 $169,271
22WETASKIWIN, AB 0.492% 38 $58,470 $33,790 $170,602
23STRATHMORE, AB 0.476% 36 $61,724 $39,333 $206,557
24HIGH RIVER, AB 0.476% 37 $67,546 $40,785 $235,785
25COCHRANE, AB 0.468% 38 $74,012 $52,214 $229,220
26SYLVAN LAKE, AB 0.468% 34 $70,253 $55,419 $249,758
27CANMORE, AB 0.459% 38 $71,628 $45,808 $283,306
28CAMROSE, AB 0.418% 34 $56,347 $54,143 $230,802
29LACOMBE, AB 0.377% 37 $65,178 $45,611 $205,071
30CHESTERMERE, AB 0.369% 37 $81,700 $64,795 $282,262
31HINTON, AB 0.361% 39 $70,028 $46,521 $218,912
32DRAYTON VALLEY, AB 0.361% 33 $66,496 $54,386 $184,523
33INNISFAIL, AB 0.353% 38 $58,678 $38,698 $210,026
34BEAUMONT, AB 0.345% 39 $72,301 $36,428 $226,869
35ROCKY MOUNTAIN HOUSE, AB 0.345% 36 $60,312 $57,756 $211,667
36SLAVE LAKE, AB 0.328% 36 $52,412 $35,531 $173,029
37HIGH PRAIRIE, AB 0.312% 36 $65,219 $61,481 $171,943
38PEACE RIVER, AB 0.295% 38 $75,497 $45,369 $211,359
39PONOKA, AB 0.271% 37 $57,783 $44,571 $180,119
40BONNYVILLE, AB 0.254% 31 $64,672 $82,400 $194,642
41DEVON, AB 0.254% 36 $86,146 $35,585 $204,740
42BARRHEAD, AB 0.254% 33 $61,564 $39,487 $192,418
43REDCLIFF, AB 0.246% 35 $55,806 $39,600 $145,915
44ST PAUL, AB 0.238% 34 $71,123 $36,690 $221,637
45WAINWRIGHT, AB 0.230% 34 $54,865 $67,714 $169,808
46ATHABASCA, AB 0.230% 34 $68,155 $35,593 $176,319
47DIDSBURY, AB 0.221% 42 $67,062 $41,362 $199,469
48STETTLER, AB 0.221% 39 $74,671 $40,733 $165,456
49DRUMHELLER, AB 0.213% 39 $68,680 $57,836 $161,678
50ONOWAY, AB 0.205% 40 $74,640 $38,642 $196,623

Types of Mortgage Inquiries Received from Alberta


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 22.4%
First-time Home Buyer: 17.6%
New Home Purchase: 16.1%
Refinance / Debt Consolidation: 13.5%
No Money Down Mortgage (discontinued): 11.4%
Mortgage Renewal: 9.6%
Other: 9.5%
 
Total Application Types Found: 23

Age Demographics for Alberta Mortgage Inquiries

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


Incomes for Alberta Mortgage Inquiries

The following depicts the average income of Canadians living in Alberta who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Alberta: $67,509.90
applicants within all of Canada: $60,852.54
Difference: $6,657.36
  
mortgage co-applicants in Alberta: $46,945.44
co-applicants within all of Canada: $43,965.51
Difference: $2,979.93

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

Last mortgage report update for Alberta: Friday, July 1, 2016
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Alberta