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Fort Saskatchewan Mortgage Information

Average Mortgage Loan in Fort Saskatchewan: $216,267

Busy Months for Mortgages Originating within Fort Saskatchewan

The following displays the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Fort Saskatchewan seem to occur during our second quarter (represented by the green bars) with 33.33% while our slowest is the fourth quarter (represented by the red bars) with 15.87%.

Busy Months Report for Fort Saskatchewan Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 15.9%
2 August: 11.1%
3 June: 11.1%
4 January: 9.5%
5 February: 9.5%
6 July: 7.9%
RankMonth Percentage of Applications
7 October: 7.9%
8 September: 7.9%
9 May: 6.3%
10 December: 4.8%
11 March: 4.8%
12 November: 3.2%

Busy Days for Online Mortgages within Fort Saskatchewan

The graph listed below shows the busy days for mortgage inquiries that were received by Super Brokers' web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Fort Saskatchewan, the day with the most volume, generating 25.40% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 7.94% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 25.4%
2 Tuesday: 19.1%
3 Wednesday: 19.1%
4 Friday: 11.1%
5 Thursday: 9.5%
6 Sunday: 7.9%
7 Saturday: 7.9%
Busy Days Report for Fort Saskatchewan Mortgages

Peak Hours for Mortgage Applicants within Fort Saskatchewan

Applications are received 24 hours a day via our web site. The report shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 36.5% of all mortgages are received during the morning, while 61.9% arrive in the afternoon.


Peak Hours Graph for Mortgages in Fort Saskatchewan
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 1.6%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 1.6%
6AM 06:00 to 06:59: 1.6%
7AM 07:00 to 07:59: 3.2%
8AM 08:00 to 08:59: 1.6%
9AM 09:00 to 09:59: 17.5%
10AM 10:00 to 10:59: 6.3%
11AM 11:00 to 11:59: 4.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.9%
1PM 13:00 to 13:59: 9.5%
2PM 14:00 to 14:59: 6.3%
3PM 15:00 to 15:59: 4.8%
4PM 16:00 to 16:59: 4.8%
5PM 17:00 to 17:59: 3.2%
6PM 18:00 to 18:59: 4.8%
7PM 19:00 to 19:59: 4.8%
8PM 20:00 to 20:59: 6.3%
9PM 21:00 to 21:59: 6.3%
10PM 22:00 to 22:59: 3.2%
11PM 23:00 to 23:59: 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 Saskatchewan Ranks in Alberta for Mortgage Business

The following table lists how Fort Saskatchewan 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
15WHITECOURT, AB 0.149%
16STONY PLAIN, AB 0.140%
17LLOYDMINSTER, AB 0.128%
18LEDUC, AB 0.118%
19EDSON, AB 0.116%
20FORT SASKATCHEWAN, AB 0.109%
21OLDS, AB 0.107%
22WETASKIWIN, AB 0.104%
23STRATHMORE, AB 0.100%
24HIGH RIVER, AB 0.100%
25COCHRANE, AB 0.099%

Types of Mortgage Inquiries Received from Fort Saskatchewan


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 20.6%
Refinance / Debt Consolidation: 20.6%
Mortgage Renewal: 15.9%
Mortgage Pre-approval: 12.7%
New Home Purchase: 9.5%
No Money Down Mortgage (discontinued): 7.9%
Other: 12.8%
 
Total Application Types Found: 12

Age Demographics for Fort Saskatchewan Applicants

Average age: 35
Oldest age: 55
Youngest age: 21


Incomes for Fort Saskatchewan Applicants

The following figures show the average income of applicants living in Fort Saskatchewan who have submitted a mortgage inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Fort Saskatchewan: $69,392.31
applicants within all of Canada: $60,852.54
Difference: $8,539.77
  
mortgage co-applicants in Fort Saskatchewan: $42,847.83
co-applicants within all of Canada: $43,965.51
Difference: ($1,117.69)

Note: Commercial loans were not included for this section, only residential loans from Fort Saskatchewan, Alberta were used.

Nearest Settlements


1Bon Accord, Alberta
2Bruderheim, Alberta
3Lancaster Park, Alberta
4Gibbons, Alberta
5Redwater, Alberta
6Edmonton, Alberta
7St Michael, Alberta
8Ardrossan, Alberta
9Morinville, Alberta
10Legal, Alberta
11Sherwood Park, Alberta
12St Albert, Alberta
13Westlock, Alberta
14Spruce Grove, Alberta
15Vegreville, Alberta


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