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Peace River Mortgage Information

Average Mortgage Loan in Peace River: $211,473

Busy Days for Online Mortgages within Peace River

The bar graph listed 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 Peace River the most busy day of the week, with 21.62% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 8.11% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 21.6%
2 Sunday: 21.6%
3 Monday: 18.9%
4 Thursday: 13.5%
5 Friday: 8.1%
6 Wednesday: 8.1%
7 Saturday: 8.1%
Busy Days Report for Peace River Mortgages

Peak Hours for Mortgage Applicants within Peace River

In Peace River, inquiries are received 24 hours a day via the Super Brokers web site. The time periods below represents the peak hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Peace River
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 2.7%
1AM 01:00 to 01:59: 5.4%
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: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 5.4%
8AM 08:00 to 08:59: 5.4%
9AM 09:00 to 09:59: 0%
10AM 10:00 to 10:59: 5.4%
11AM 11:00 to 11:59: 13.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 5.4%
1PM 13:00 to 13:59: 2.7%
2PM 14:00 to 14:59: 16.2%
3PM 15:00 to 15:59: 5.4%
4PM 16:00 to 16:59: 10.8%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 0%
7PM 19:00 to 19:59: 2.7%
8PM 20:00 to 20:59: 2.7%
9PM 21:00 to 21:59: 8.1%
10PM 22:00 to 22:59: 5.4%
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: 21.18%
British Columbia: 10.35%
Manitoba: 2.00%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.48%
Nunavut: 0.09%
Ontario: 47.21%
Prince Edward Island: 0.50%
Quebec: 3.93%
Saskatchewan: 5.06%
Yukon: 0.47%

How Peace River Ranks in Alberta for Mortgage Business

The following table lists how Peace River 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
33INNISFAIL, AB 0.076%
34ROCKY MOUNTAIN HOUSE, AB 0.072%
35BEAUMONT, AB 0.071%
36HIGH PRAIRIE, AB 0.071%
37SLAVE LAKE, AB 0.066%
38PEACE RIVER, AB 0.064%
39PONOKA, AB 0.057%
40BONNYVILLE, AB 0.055%
41DEVON, AB 0.053%
42BARRHEAD, AB 0.053%
43REDCLIFF, AB 0.050%

Types of Mortgage Inquiries Received from Peace River


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 21.6%
First-time Home Buyer: 21.6%
New Home Purchase: 21.6%
Refinance / Debt Consolidation: 16.2%
No Money Down Mortgage (discontinued): 5.4%
Other: 13.5%
 
Total Application Types Found: 10

Age Demographics for Peace River Applicants

Average age: 38
Oldest age: 55
Youngest age: 24


Incomes for Peace River Applicants

The numbers below represent the average income of people living in Peace River 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 Peace River: $75,911.97
applicants within all of Canada: $60,871.80
Difference: $15,040.17
  
mortgage co-applicants in Peace River: $45,369.40
co-applicants within all of Canada: $44,075.54
Difference: $1,293.86

Note: Commercial Mortgages were not included for this section, only residential mortgage loans from Peace River, Alberta were used.


Last mortgage report update for Peace River: Thursday, August 13, 2015
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