Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

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

Busy Months for Online Applications within Olds

The graph below illustrates the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Olds usually occur during our second quarter (represented by the green bars) with 35.00% while our slowest is the fourth quarter (represented by the red bars) with 15.00%.

Busy Months Report for Olds Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 16.7%
2 May: 15.0%
3 July: 15.0%
4 June: 11.7%
5 April: 8.3%
6 December: 8.3%
RankMonth Percentage of Applications
7 January: 6.7%
8 February: 6.7%
9 August: 5.0%
10 October: 5.0%
11 November: 1.7%
12 September: 0.8%

Busy Days for Mortgage Inquiries within Olds

The data below plots the busy days for Internet applications 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 Olds, the day with the most volume, generating 30.00% of all inquiries, is Monday. In comparison, Friday's are the slowest day with only 5.00% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 30.0%
2: Tuesday: 16.7%
3: Thursday: 15.0%
4: Saturday: 13.3%
5: Wednesday: 11.7%
6: Sunday: 8.3%
7: Friday: 5.0%
Busy Days Report for Olds Mortgages

Peak Hours for Mortgage Applicants within Olds

Olds mortgage applications are received 24 hours a day from the Super Brokers web site. The information shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Olds
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 1.7%
2AM 02:00 to 02:59: 1.7%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 1.7%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 6.7%
10AM 10:00 to 10:59: 1.7%
11AM 11:00 to 11:59: 10.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.3%
1PM 13:00 to 13:59: 10.0%
2PM 14:00 to 14:59: 13.3%
3PM 15:00 to 15:59: 11.7%
4PM 16:00 to 16:59: 8.3%
5PM 17:00 to 17:59: 1.7%
6PM 18:00 to 18:59: 5.0%
7PM 19:00 to 19:59: 5.0%
8PM 20:00 to 20:59: 5.0%
9PM 21:00 to 21:59: 8.3%
10PM 22:00 to 22:59: 1.7%
11PM 23:00 to 23:59: 3.3%

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 21.15%
British Columbia: 10.37%
Manitoba: 1.99%
New Brunswick: 2.51%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.28%
Prince Edward Island: 0.50%
Quebec: 3.94%
Saskatchewan: 5.06%
Yukon: 0.47%

Current City Standing within Alberta

RankLocation Contribution
16:STONY PLAIN, AB 0.140%
17:LLOYDMINSTER, AB 0.127%
18:LEDUC, AB 0.118%
19:EDSON, AB 0.113%
20:FORT SASKATCHEWAN, AB 0.106%
21:OLDS, AB 0.104%
22:STRATHMORE, AB 0.102%
23:WETASKIWIN, AB 0.101%
24:COCHRANE, AB 0.099%
25:HIGH RIVER, AB 0.099%
26:SYLVAN LAKE, AB 0.099%


Age Demographics for Olds Mortgages

Average age: 38
Oldest age: 71
Youngest age: 22


Incomes for Olds Mortgages

The figures below represent the average income of people living in Olds who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Olds: $57,085.32
applicants within all of Canada: $60,836.57
Difference: ($3,751.26)
  
mortgage co-applicants in Olds: $36,421.20
co-applicants within all of Canada: $44,026.21
Difference: ($7,605.01)

Note: Commercial loans were not included for this report, only residential loans from Olds, Alberta were used.

Mortgage Rates
Check out how we stack up against our competition and compare our mortgage rates.
Mortgage Rates
 
Our Mortgage Loan Calculator
You will have quite a few decisions to make about your home purchase, but you can simplify the process by using our mortgage calculator. Try different rates, terms, and amortizations and see what modifying your mortgage payment schedule from monthly to biweekly or weekly payments will do to affect what your mortgage will finally cost you.
Try it Loan Calculator
 
Mortgage Brokers
Nothing ticks off your bank more than when they lose business to a mortgage broker, and who can blame them? One less person they can make easy money on. Your bank thinks you'll pay their outrageous rates and they hate to be proved wrong. Do it anyway. Apply for a mortgage with us and we'll find you the best rates.
Tick Off a Bank - Try a Mortgage Brokers