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 Mortgages within Penticton

This bar graph shows the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Penticton happen to occur during our first quarter (represented by the brown bars) with 35.85% while our slowest is the fourth quarter (represented by the red bars) with 16.98%.

Busy Months Report for Penticton Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 February: 17.0%
2 January: 15.1%
3 June: 11.3%
4 May: 7.5%
5 April: 7.5%
6 July: 7.5%
RankMonth Percentage of Applications
7 August: 7.5%
8 November: 5.7%
9 December: 5.7%
10 October: 5.7%
11 September: 5.7%
12 March: 3.8%

Busy Days for Mortgage Inquiries within Penticton

The bar graph below displays the busy days for mortgage applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Penticton the busiest day, with approximately 18.87% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 5.66% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 18.9%
2: Sunday: 18.9%
3: Thursday: 17.0%
4: Wednesday: 15.1%
5: Tuesday: 13.2%
6: Friday: 11.3%
7: Saturday: 5.7%
Busy Days Report for Penticton Mortgages

Peak Hours for Mortgage Applicants within Penticton

Applications are received 24 hours a day on the Mortgage Super Brokers web site. The time periods below indicates the rush hours within a 24-hour period. The data is taken from all days of all years. Only 24.5% of all mortgages are received before noon, while 73.6% arrive in the afternoon.


Peak Hours Graph for Mortgages in Penticton
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.9%
1AM 01:00 to 01:59: 0%
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: 1.9%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 1.9%
9AM 09:00 to 09:59: 5.7%
10AM 10:00 to 10:59: 5.7%
11AM 11:00 to 11:59: 9.4%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 15.1%
1PM 13:00 to 13:59: 3.8%
2PM 14:00 to 14:59: 5.7%
3PM 15:00 to 15:59: 1.9%
4PM 16:00 to 16:59: 7.5%
5PM 17:00 to 17:59: 9.4%
6PM 18:00 to 18:59: 5.7%
7PM 19:00 to 19:59: 5.7%
8PM 20:00 to 20:59: 3.8%
9PM 21:00 to 21:59: 7.5%
10PM 22:00 to 22:59: 5.7%
11PM 23:00 to 23:59: 1.9%

British Columbia 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 British Columbia

RankLocation Contribution
20:DAWSON CREEK, BC 0.114%
21:CAMPBELL RIVER, BC 0.111%
22:QUESNEL, BC 0.097%
23:TERRACE, BC 0.097%
24:PORT ALBERNI, BC 0.095%
25:PENTICTON, BC 0.092%
26:NELSON, BC 0.087%
27:SALMON ARM, BC 0.083%
28:PORT COQUITLAM, BC 0.082%
29:WESTBANK, BC 0.080%
30:MISSION, BC 0.078%


Age Demographics for Penticton Mortgages

Average age: 44
Oldest age: 76
Youngest age: 26


Incomes for Penticton Mortgages

The numbers below represent the average income of applicants living in Penticton who have applied for a mortgage loan using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Penticton: $51,813.92
applicants within all of Canada: $60,836.57
Difference: ($9,022.65)
  
mortgage co-applicants in Penticton: $34,929.41
co-applicants within all of Canada: $44,026.21
Difference: ($9,096.80)

Note: Commercial loans were not included for this report, only residential mortgages from Penticton, British Columbia were used.

Best Mortgage Rates
With a lower mortgage rate, it's easier to afford a better home and what you save on interest can go directly toward paying off the principal value of your property faster. Make sure you get the best rates in Canada on your mortgage, apply today.
Mortgage Rates
 
Mortgage Rates
Our rates can change on a day-to-day basis. Find out about today's 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