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Calgary Mortgage Information

Average Mortgage Loan in Calgary: $250,694

Busy Months for Online Mortgages within Calgary

This graph illustrates the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Calgary seem to occur during our first quarter (represented by the brown bars) with 30.78% while our slowest is the fourth quarter (represented by the red bars) with 18.32%.

Busy Months Report for Calgary Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 11.7%
2 May: 10.3%
3 March: 10.1%
4 April: 9.7%
5 February: 9.0%
6 June: 8.9%
RankMonth Percentage of Applications
7 July: 7.9%
8 September: 7.1%
9 August: 7.1%
10 October: 6.9%
11 November: 5.9%
12 December: 5.5%

Busy Days for Mortgages Received within Calgary

The information below illustrates the busy days for Internet mortgage applications that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Calgary, the day with the most volume, having more than 19.03% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 7.42% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 19.0%
2 Wednesday: 17.9%
3 Tuesday: 17.8%
4 Thursday: 16.2%
5 Friday: 12.4%
6 Sunday: 9.3%
7 Saturday: 7.4%
Busy Days Report for Calgary Mortgages

Top 10 Days for Calgary Mortgage Inquiries


1 008 on Thursday, April 30, 2009.
2 008 on Friday, May 22, 2009.
3 008 on Tuesday, May 19, 2009.
4 008 on Monday, January 11, 2010.
5 007 on Monday, May 1, 2006.
6 007 on Monday, January 7, 2008.
7 007 on Sunday, April 29, 2012.
8 007 on Wednesday, January 28, 2009.
9 007 on Tuesday, January 17, 2006.
10 007 on Monday, January 9, 2006.

Note: These records do not include e-mails, contact forms, faxes, phone-ins or walk-ins.

Peak Hours for Mortgages within Calgary

Calgary mortgage applications are received 24 hours a day via the Super Brokers' web site. The report shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 24.7% of all mortgages are received before noon, while 72.3% arrive in the afternoon.


Peak Hours Graph for Mortgages in Calgary
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.8%
1AM 01:00 to 01:59: 0.8%
2AM 02:00 to 02:59: 0.5%
3AM 03:00 to 03:59: 0.3%
4AM 04:00 to 04:59: 0.2%
5AM 05:00 to 05:59: 0.4%
6AM 06:00 to 06:59: 0.5%
7AM 07:00 to 07:59: 1.5%
8AM 08:00 to 08:59: 3.0%
9AM 09:00 to 09:59: 4.6%
10AM 10:00 to 10:59: 6.8%
11AM 11:00 to 11:59: 7.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.8%
1PM 13:00 to 13:59: 8.0%
2PM 14:00 to 14:59: 8.1%
3PM 15:00 to 15:59: 7.9%
4PM 16:00 to 16:59: 6.2%
5PM 17:00 to 17:59: 5.3%
6PM 18:00 to 18:59: 5.2%
7PM 19:00 to 19:59: 5.0%
8PM 20:00 to 20:59: 5.9%
9PM 21:00 to 21:59: 5.8%
10PM 22:00 to 22:59: 4.3%
11PM 23:00 to 23:59: 2.6%

Alberta Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.18%
British Columbia: 10.35%
Manitoba: 2.00%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.48%
Nunavut: 0.09%
Ontario: 47.21%
Prince Edward Island: 0.50%
Quebec: 3.93%
Saskatchewan: 5.06%
Yukon: 0.47%

How Calgary Ranks in Alberta for Mortgage Business

The following table lists how Calgary ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
1CALGARY, AB 6.836%
2EDMONTON, AB 4.378%
3FORT MCMURRAY, AB 0.647%
4RED DEER, AB 0.642%
5LETHBRIDGE, AB 0.421%
6SHERWOOD PARK, AB 0.386%

Types of Mortgage Inquiries Received from Calgary


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 23.3%
New Home Purchase: 17.1%
First-time Home Buyer: 17.0%
Refinance / Debt Consolidation: 13.1%
Mortgage Renewal: 11.8%
No Money Down Mortgage (discontinued): 8.3%
Other: 9.4%
 
Total Application Types Found: 20

Age Demographics for Calgary Mortgage Applicants

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


Incomes for Calgary Mortgage Applicants

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

Average annual gross income for
mortgage applicants in Calgary: $69,749.70
applicants within all of Canada: $60,871.80
Difference: $8,877.90
  
mortgage co-applicants in Calgary: $49,681.16
co-applicants within all of Canada: $44,075.54
Difference: $5,605.62

Note: Commercial Mortgages were not included for this survey, only residential mortgage loan amounts were used.


Last mortgage report update for Calgary: Thursday, August 13, 2015
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