Canadian Licensing Info: Alberta Mortgage #MW-0511205,
BC Mortgage #X028169, FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.

The Mortgage Group®

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

Peace River Mortgage Information

Average Mortgage Loan in Peace River: $211,473

Busy Days for Online Mortgages within Peace River

The information below compares the busy days for online mortgage applications that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Peace River the busiest day, with approximately 21.62% of all submissions, 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, applications are received 24 hours a day from the Super Brokers web site. The report shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 29.7% of all mortgages are received during the morning, while 62.2% arrive in the afternoon.

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: 21.16%
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: 5.05%
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 0.075%
35BEAUMONT, AB 0.069%
37SLAVE LAKE, AB 0.066%
38PEACE RIVER, AB 0.064%
39PONOKA, AB 0.057%
41DEVON, AB 0.054%
42BARRHEAD, AB 0.054%
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 Originated Mortgages

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

Incomes for Peace River Originated Mortgages

The information below represents the average income of Canadians living in Peace River who have applied for a loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Peace River: $75,911.97
applicants within all of Canada: $60,841.69
Difference: $15,070.29
mortgage co-applicants in Peace River: $45,369.40
co-applicants within all of Canada: $44,024.91
Difference: $1,344.49

Note: Commercial loan amounts were not included for this section, only home loans from Peace River, Alberta were used.

Last mortgage report update for Peace River: Wednesday, May 20, 2015
Mortgage Quote
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in St Albert.

Mortgage Product Type Inquiries
Mortgage Pre-approval20.56%
Mortgage Renewal16.67%
New Purchase15.00%
Refinance/Consolidate Debt13.33%
No Money Down discontinued12.22%
First-time Home Buyer12.22%
Mortgage Refinance Calculator
Paying a small penalty today can save you thousands of dollars down the road. But before you refinance, you must first ask yourself, 'Will breaking my current mortgage and refinancing help me?' It's a question worth asking, and our new refinance calculator can help you find an answer.
Refinance Calculator