Variable closed:	1.98%
1 year closed:	2.14%
3 year closed:	2.14%
5 year closed:	2.24%
10 year closed:	3.39%

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

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

Rank	Month	Percentage 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%

Rank	Month	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%

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

Time	Period (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%

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