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Fort Mcmurray Mortgage Information

Average Mortgage Loan in Fort Mcmurray: $349,795

Busy Months for Online Mortgages within Fort Mcmurray

The following bar graph represents the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Fort Mcmurray seem to occur during our second quarter (represented by the green bars) with 32.44% while our slowest is the fourth quarter (represented by the red bars) with 15.28%.

Busy Months Report for Fort Mcmurray Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 May: 12.3%
2 July: 12.1%
3 June: 10.7%
4 April: 9.4%
5 January: 8.6%
6 February: 8.3%
RankMonth Percentage of Applications
7 September: 8.0%
8 August: 7.8%
9 March: 7.5%
10 October: 7.0%
11 November: 4.8%
12 December: 3.5%

Busy Days for Online Mortgages within Fort Mcmurray

The data below plots the busy days for online applications that were received by Super Brokers' web site. A combined total of all occurrences of each day are represented for the past 5 years. In Fort Mcmurray, the day with the most volume, generating 18.50% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 10.99% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 18.5%
2 Tuesday: 15.3%
3 Wednesday: 14.8%
4 Sunday: 14.8%
5 Thursday: 13.4%
6 Friday: 12.3%
7 Saturday: 11.0%
Busy Days Report for Fort Mcmurray Mortgages

Peak Hours for Applicants within Fort Mcmurray

In Fort Mcmurray, mortgages are received 24 hours a day via the Mortgage Super Brokers web site. The report shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Fort Mcmurray
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.6%
1AM 01:00 to 01:59: 0.8%
2AM 02:00 to 02:59: 0.5%
3AM 03:00 to 03:59: 0.5%
4AM 04:00 to 04:59: 0.5%
5AM 05:00 to 05:59: 0.8%
6AM 06:00 to 06:59: 1.3%
7AM 07:00 to 07:59: 1.1%
8AM 08:00 to 08:59: 4.6%
9AM 09:00 to 09:59: 7.2%
10AM 10:00 to 10:59: 7.0%
11AM 11:00 to 11:59: 6.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.6%
1PM 13:00 to 13:59: 5.1%
2PM 14:00 to 14:59: 7.2%
3PM 15:00 to 15:59: 7.2%
4PM 16:00 to 16:59: 5.4%
5PM 17:00 to 17:59: 3.8%
6PM 18:00 to 18:59: 4.3%
7PM 19:00 to 19:59: 5.9%
8PM 20:00 to 20:59: 4.6%
9PM 21:00 to 21:59: 5.6%
10PM 22:00 to 22:59: 5.6%
11PM 23:00 to 23:59: 4.0%

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 Fort Mcmurray Ranks in Alberta for Mortgage Business

The following table lists how Fort Mcmurray 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%
7GRANDE PRAIRIE, AB 0.367%
8ST ALBERT, AB 0.311%

Types of Mortgage Inquiries Received from Fort Mcmurray


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 20.4%
Mortgage Pre-approval: 20.1%
First-time Home Buyer: 19.8%
No Money Down Mortgage (discontinued): 16.4%
Mortgage Renewal: 8.6%
Refinance / Debt Consolidation: 8.0%
Other: 6.6%
 
Total Application Types Found: 15

Age Demographics for Fort Mcmurray Based Mortgages

Average age: 35
Oldest age: 66
Youngest age: 19


Incomes for Fort Mcmurray Based Mortgages

The amounts shown below represent the average income of people living in Fort Mcmurray 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 Fort Mcmurray: $101,297.75
applicants within all of Canada: $60,852.54
Difference: $40,445.21
  
mortgage co-applicants in Fort Mcmurray: $65,134.73
co-applicants within all of Canada: $43,965.51
Difference: $21,169.22

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

Nearest Settlements


1Anzac, Alberta


Last mortgage report update for Fort Mcmurray: Friday, July 1, 2016
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