British Columbia Mortgage Information
Busy Months for Mortgages in British Columbia
This graph represents the volumes of Internet 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 29.99% while our slowest is the fourth quarter (represented by the red bars) with 17.59%.

Rankings for Busy Mortgage Months
Rank | Month | Percentage of Applications | |
---|---|---|---|
1 | April: | 10.3% | |
2 | May: | 10.1% | |
3 | March: | 10.0% | |
4 | January: | 10.0% | |
5 | February: | 9.6% | |
6 | June: | 9.5% |
Rank | Month | Percentage of Applications | |
---|---|---|---|
7 | August: | 8.0% | |
8 | July: | 7.6% | |
9 | September: | 7.2% | |
10 | October: | 6.8% | |
11 | November: | 6.0% | |
12 | December: | 4.8% |
Busy Days for Mortgages in British Columbia
The information listed below illustrates the busy days for online mortgage applications that were received by Super Brokers. Each day is a total combined representation of the last 5 years of all occurrences of that day. In British Columbia the busiest day, with 17.52% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 9.89% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|---|---|
1 | Tuesday: | 17.5% |
2 | Monday: | 17.0% |
3 | Wednesday: | 16.0% |
4 | Thursday: | 15.4% |
5 | Friday: | 12.9% |
6 | Sunday: | 11.3% |
7 | Saturday: | 9.9% |

Peak Hours for British Columbia Mortgage Applications
In British Columbia, mortgage applications are received 24 hours a day via the Super Brokers' web site. The report shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 20.0% of all mortgages are received before noon, while 74.3% arrive in the afternoon.

Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
12AM | 00:00 to 00:59: | 3.2% |
1AM | 01:00 to 01:59: | 1.7% |
2AM | 02:00 to 02:59: | 0.9% |
3AM | 03:00 to 03:59: | 0.6% |
4AM | 04:00 to 04:59: | 0.5% |
5AM | 05:00 to 05:59: | 0.4% |
6AM | 06:00 to 06:59: | 0.4% |
7AM | 07:00 to 07:59: | 0.8% |
8AM | 08:00 to 08:59: | 1.9% |
9AM | 09:00 to 09:59: | 3.3% |
10AM | 10:00 to 10:59: | 5.1% |
11AM | 11:00 to 11:59: | 6.8% |
Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
Lunch | 12:00 to 12:59: | 7.5% |
1PM | 13:00 to 13:59: | 7.0% |
2PM | 14:00 to 14:59: | 7.0% |
3PM | 15:00 to 15:59: | 6.7% |
4PM | 16:00 to 16:59: | 6.3% |
5PM | 17:00 to 17:59: | 6.6% |
6PM | 18:00 to 18:59: | 5.7% |
7PM | 19:00 to 19:59: | 5.9% |
8PM | 20:00 to 20:59: | 5.5% |
9PM | 21:00 to 21:59: | 5.6% |
10PM | 22:00 to 22:59: | 5.6% |
11PM | 23:00 to 23:59: | 4.8% |
British Columbia Mortgage Originations Compared to all other Provinces and Territories
Online Mortgage Origination for the Province or Territory of | Percentage in Comparison |
---|---|
Alberta: | 202.7% |
British Columbia: | 100.0% |
Manitoba: | 19.3% |
New Brunswick: | 24.3% |
Newfoundland and Labrador: | 12.5% |
Nova Scotia: | 31.7% |
Northwest Territories: | 4.7% |
Nunavut: | 0.9% |
Ontario: | 454.9% |
Prince Edward Island: | 4.9% |
Quebec: | 37.9% |
Saskatchewan: | 48.4% |
Yukon: | 4.5% |
Top Producing Cities / Towns for Mortgages in British Columbia
Rank | City or Town within British Columbia | Percentage of Inquiries | Avg Age | Average Income | Average Co-Income | Average Home Loan |
---|---|---|---|---|---|---|
1 | VANCOUVER, BC | 8.778% | 39 | $69,431 | $49,113 | $289,566 |
2 | SURREY, BC | 6.667% | 39 | $60,864 | $46,062 | $251,255 |
3 | VICTORIA, BC | 5.935% | 40 | $62,874 | $44,587 | $256,122 |
4 | BURNABY, BC | 3.175% | 37 | $60,460 | $45,726 | $270,620 |
5 | KELOWNA, BC | 3.059% | 41 | $64,263 | $36,349 | $223,492 |
6 | PRINCE GEORGE, BC | 2.793% | 38 | $53,904 | $38,702 | $180,114 |
7 | ABBOTSFORD, BC | 2.727% | 38 | $56,957 | $41,769 | $239,125 |
8 | RICHMOND, BC | 2.560% | 40 | $65,978 | $37,929 | $246,221 |
9 | CHILLIWACK, BC | 2.544% | 41 | $56,952 | $43,429 | $202,610 |
10 | KAMLOOPS, BC | 2.510% | 38 | $53,345 | $44,472 | $190,879 |
11 | FORT ST JOHN, BC | 2.411% | 33 | $69,399 | $43,627 | $210,132 |
12 | LANGLEY, BC | 2.161% | 39 | $61,941 | $39,945 | $237,472 |
13 | NORTH VANCOUVER, BC | 2.111% | 40 | $75,317 | $60,134 | $310,420 |
14 | COQUITLAM, BC | 2.095% | 39 | $66,815 | $44,976 | $271,019 |
15 | NANAIMO, BC | 2.095% | 41 | $51,940 | $32,356 | $190,063 |
16 | MAPLE RIDGE, BC | 1.696% | 41 | $57,288 | $41,960 | $227,471 |
17 | DELTA, BC | 1.613% | 41 | $64,643 | $46,630 | $251,542 |
18 | NEW WESTMINSTER, BC | 1.530% | 39 | $58,721 | $46,071 | $234,518 |
19 | VERNON, BC | 1.496% | 40 | $54,618 | $34,149 | $195,344 |
20 | DAWSON CREEK, BC | 1.081% | 35 | $49,612 | $35,010 | $153,174 |
21 | CAMPBELL RIVER, BC | 1.064% | 40 | $59,726 | $36,644 | $208,662 |
22 | PORT ALBERNI, BC | 0.948% | 39 | $48,129 | $33,385 | $140,284 |
23 | QUESNEL, BC | 0.931% | 37 | $55,661 | $46,728 | $174,303 |
24 | TERRACE, BC | 0.931% | 40 | $58,159 | $58,250 | $157,084 |
25 | PENTICTON, BC | 0.881% | 44 | $51,813 | $34,929 | $187,430 |
26 | NELSON, BC | 0.848% | 40 | $50,857 | $35,295 | $216,929 |
27 | SALMON ARM, BC | 0.781% | 38 | $48,428 | $27,481 | $205,918 |
28 | PORT COQUITLAM, BC | 0.781% | 41 | $64,314 | $32,686 | $232,936 |
29 | MISSION, BC | 0.765% | 39 | $61,357 | $53,495 | $185,644 |
30 | COURTENAY, BC | 0.748% | 41 | $52,244 | $25,785 | $187,994 |
31 | WESTBANK, BC | 0.748% | 44 | $57,383 | $33,801 | $229,383 |
32 | CRANBROOK, BC | 0.732% | 40 | $54,382 | $46,240 | $164,254 |
33 | VANDERHOOF, BC | 0.648% | 37 | $50,787 | $50,656 | $156,294 |
34 | WILLIAMS LAKE, BC | 0.632% | 37 | $58,191 | $50,355 | $173,670 |
35 | DUNCAN, BC | 0.632% | 39 | $54,275 | $44,827 | $196,365 |
36 | REVELSTOKE, BC | 0.549% | 39 | $55,568 | $20,311 | $182,980 |
37 | SPARWOOD, BC | 0.532% | 37 | $65,527 | $29,842 | $175,685 |
38 | PORT MOODY, BC | 0.515% | 38 | $93,015 | $48,125 | $295,427 |
39 | PRINCE RUPERT, BC | 0.499% | 39 | $55,978 | $43,928 | $143,127 |
40 | KIMBERLEY, BC | 0.499% | 40 | $50,071 | $44,400 | $155,821 |
41 | TRAIL, BC | 0.499% | 36 | $46,570 | $32,111 | $152,948 |
42 | SECHELT, BC | 0.482% | 43 | $52,111 | $45,064 | $247,978 |
43 | MERRITT, BC | 0.482% | 45 | $57,534 | $56,125 | $207,229 |
44 | GRAND FORKS, BC | 0.482% | 44 | $46,973 | $28,789 | $177,681 |
45 | SOOKE, BC | 0.482% | 36 | $67,928 | $38,693 | $259,181 |
46 | LADYSMITH, BC | 0.466% | 40 | $53,257 | $39,436 | $184,698 |
47 | COMOX, BC | 0.432% | 41 | $54,140 | $27,960 | $168,797 |
48 | WHITE ROCK, BC | 0.416% | 41 | $68,108 | $48,857 | $200,843 |
49 | SQUAMISH, BC | 0.399% | 34 | $71,459 | $46,625 | $228,818 |
50 | KITIMAT, BC | 0.382% | 40 | $69,808 | $35,962 | $130,500 |
Types of Mortgage Inquiries Received from British Columbia
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Mortgage Pre-approval: | 24.4% | |
First-time Home Buyer: | 15.1% | |
New Home Purchase: | 14.6% | |
Refinance / Debt Consolidation: | 13.9% | |
No Money Down Mortgage (discontinued): | 11.8% | |
Mortgage Renewal: | 10.4% | |
Other: | 9.7% | |
Total Application Types Found: 23 |
Age Demographics for British Columbia Mortgage Inquiries
Average age: 40
Oldest age: 87
Youngest age: 19
Incomes for British Columbia Mortgage Inquiries
The following depicts the average income of people living in British Columbia who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in British Columbia: | $60,581.71 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($270.83) |
mortgage co-applicants in British Columbia: | $42,400.22 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | ($1,565.29) |