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Strathmore Mortgage Information

Average Mortgage Loan in Strathmore: $206,557

Busy Months for Mortgage Applications within Strathmore

The graph below represents the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Strathmore usually occur during our second quarter (represented by the green bars) with 32.76% while our slowest is the fourth quarter (represented by the red bars) with 12.07%.

Busy Months Report for Strathmore Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 13.8%
2 August: 12.1%
3 January: 10.3%
4 April: 10.3%
5 February: 10.3%
6 September: 10.3%
RankMonth Percentage of Applications
7 May: 8.6%
8 July: 8.6%
9 October: 6.9%
10 November: 3.5%
11 March: 3.5%
12 December: 1.7%

Busy Days for Online Mortgages within Strathmore

The graph below plots the busy days for online inquiries that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Strathmore the busiest day of the week, with 20.69% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 6.90% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 20.7%
2 Friday: 19.0%
3 Tuesday: 17.2%
4 Thursday: 15.5%
5 Monday: 12.1%
6 Saturday: 8.6%
7 Sunday: 6.9%
Busy Days Report for Strathmore Mortgages

Peak Hours for Originated Mortgages within Strathmore

Mortgage inquiries are received 24 hours a day via the Mortgage Super Brokers web site. The information shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Strathmore
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.4%
1AM 01:00 to 01:59: 1.7%
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: 1.7%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 1.7%
9AM 09:00 to 09:59: 8.6%
10AM 10:00 to 10:59: 10.3%
11AM 11:00 to 11:59: 6.9%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 5.2%
1PM 13:00 to 13:59: 0%
2PM 14:00 to 14:59: 15.5%
3PM 15:00 to 15:59: 5.2%
4PM 16:00 to 16:59: 3.4%
5PM 17:00 to 17:59: 5.2%
6PM 18:00 to 18:59: 1.7%
7PM 19:00 to 19:59: 8.6%
8PM 20:00 to 20:59: 8.6%
9PM 21:00 to 21:59: 5.2%
10PM 22:00 to 22:59: 3.4%
11PM 23:00 to 23:59: 3.4%

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 Strathmore Ranks in Alberta for Mortgage Business

The following table lists how Strathmore 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
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%
26SYLVAN LAKE, AB 0.099%
27CANMORE, AB 0.097%
28CAMROSE, AB 0.088%

Types of Mortgage Inquiries Received from Strathmore


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 19.0%
New Home Purchase: 15.5%
No Money Down Mortgage (discontinued): 13.8%
Mortgage Pre-approval: 12.1%
First-time Home Buyer: 10.3%
Mortgage Renewal: 8.6%
Pre-approval: 6.9%
Equity Mortgage: 6.9%
Other: 6.8%
 
Total Application Types Found: 11

Age Demographics for Strathmore Mortgage Applicants

Average age: 36
Oldest age: 62
Youngest age: 21


Incomes for Strathmore Mortgage Applicants

The information below represents the average income of people living in Strathmore who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Strathmore: $61,724.39
applicants within all of Canada: $60,852.54
Difference: $871.85
  
mortgage co-applicants in Strathmore: $39,333.33
co-applicants within all of Canada: $43,965.51
Difference: ($4,632.18)

Note: Commercial loans were not included for this section, only residential loans amounts were used.


Last mortgage report update for Strathmore: Friday, July 1, 2016
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