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Calgary Mortgage Information

Average Mortgage Loan in Calgary: $249,926

Busy Months for Mortgage Inquiries within Calgary

The graph below illustrates the volumes of Web 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 30.77% while our slowest is the fourth quarter (represented by the red bars) with 18.46%.

Busy Months Report for Calgary Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 11.8%
2 March: 10.1%
3 May: 10.1%
4 April: 9.6%
5 June: 9.0%
6 February: 8.9%
RankMonth Percentage of Applications
7 July: 7.8%
8 September: 7.1%
9 August: 7.1%
10 October: 7.0%
11 November: 6.0%
12 December: 5.5%

Busy Days for Mortgage Applications within Calgary

The data below displays the busy days for online inquiries 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 Calgary the busiest day, with 18.99% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 7.48% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 19.0%
2 Tuesday: 17.9%
3 Wednesday: 17.9%
4 Thursday: 16.1%
5 Friday: 12.2%
6 Sunday: 9.3%
7 Saturday: 7.5%
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 Based Mortgages within Calgary

Mortgage applications are received 24 hours a day on the Super Brokers' web site. The information shown below represents the peak hours in the day. The data is taken from all days of all years. Only 24.7% of all mortgages are received during the morning, while 72.4% arrive in the afternoon.


Peak Hours Graph for Mortgages in Calgary
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.7%
1AM 01:00 to 01:59: 0.7%
2AM 02:00 to 02:59: 0.4%
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: 1.4%
8AM 08:00 to 08:59: 3.1%
9AM 09:00 to 09:59: 4.7%
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: 7.9%
1PM 13:00 to 13:59: 8.0%
2PM 14:00 to 14:59: 8.1%
3PM 15:00 to 15:59: 8.0%
4PM 16:00 to 16:59: 6.1%
5PM 17:00 to 17:59: 5.3%
6PM 18:00 to 18:59: 5.3%
7PM 19:00 to 19:59: 5.0%
8PM 20:00 to 20:59: 5.8%
9PM 21:00 to 21:59: 5.7%
10PM 22:00 to 22:59: 4.4%
11PM 23:00 to 23:59: 2.7%

Alberta Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
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 6.799%
2EDMONTON, AB 4.364%
3FORT MCMURRAY, AB 0.645%
4RED DEER, AB 0.638%
5LETHBRIDGE, AB 0.420%
6SHERWOOD PARK, AB 0.380%

Types of Mortgage Inquiries Received from Calgary


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 23.6%
First-time Home Buyer: 17.2%
New Home Purchase: 16.7%
Refinance / Debt Consolidation: 13.0%
Mortgage Renewal: 11.9%
No Money Down Mortgage (discontinued): 8.4%
Other: 9.2%
 
Total Application Types Found: 20

Age Demographics for Calgary Based Mortgages

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


Incomes for Calgary Based Mortgages

The figures below represent the average income of people living in Calgary who have applied for a mortgage loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Calgary: $69,753.80
applicants within all of Canada: $60,852.54
Difference: $8,901.26
  
mortgage co-applicants in Calgary: $49,577.80
co-applicants within all of Canada: $43,965.51
Difference: $5,612.28

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


Last mortgage report update for Calgary: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Edmonton.

Mortgage Product Type Inquiries
Mortgage Pre-approval22.62%
First-time Home Buyer21.08%
New Purchase15.17%
No Money Down discontinued13.51%
Refinance/Consolidate Debt9.98%
Mortgage Renewal9.55%
Other8.08%
 
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