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

Prince George Mortgage Information

Average Mortgage Loan in Prince George: $180,114

Busy Months for Mortgages within Prince George

The following bar graph represents the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Prince George happen to occur during our first quarter (represented by the brown bars) with 30.36% while our slowest is the fourth quarter (represented by the red bars) with 20.83%.

Busy Months Report for Prince George Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 February: 12.5%
2 June: 10.1%
3 October: 10.1%
4 January: 8.9%
5 April: 8.9%
6 March: 8.9%
RankMonth Percentage of Applications
7 May: 8.3%
8 July: 7.7%
9 November: 7.1%
10 September: 7.1%
11 August: 6.5%
12 December: 3.6%

Busy Days for Mortgages within Prince George

The information listed below displays the busy days for mortgage inquiries 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 Prince George the busiest day of the week, with 22.62% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.74% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 22.6%
2 Friday: 16.1%
3 Tuesday: 14.3%
4 Thursday: 13.7%
5 Sunday: 13.1%
6 Wednesday: 12.5%
7 Saturday: 7.7%
Busy Days Report for Prince George Mortgages

Peak Hours for Mortgage Applicants within Prince George

Prince George mortgage applications are received 24 hours a day on the Mortgage Super Brokers web site. The statistics shown below indicates the peak hours in the day. The data is taken from all days of all years. Only 16.7% of all mortgages are received during the morning, while 79.2% arrive in the afternoon.


Peak Hours Graph for Mortgages in Prince George
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.8%
1AM 01:00 to 01:59: 1.2%
2AM 02:00 to 02:59: 1.2%
3AM 03:00 to 03:59: 0.6%
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: 0%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 1.8%
10AM 10:00 to 10:59: 4.2%
11AM 11:00 to 11:59: 10.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.5%
1PM 13:00 to 13:59: 9.5%
2PM 14:00 to 14:59: 10.1%
3PM 15:00 to 15:59: 7.7%
4PM 16:00 to 16:59: 7.1%
5PM 17:00 to 17:59: 7.7%
6PM 18:00 to 18:59: 6.5%
7PM 19:00 to 19:59: 4.8%
8PM 20:00 to 20:59: 4.8%
9PM 21:00 to 21:59: 6.0%
10PM 22:00 to 22:59: 6.0%
11PM 23:00 to 23:59: 2.4%

British Columbia 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 Prince George Ranks in British Columbia for Mortgage Business

The following table lists how Prince George 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
1VANCOUVER, BC 0.913%
2SURREY, BC 0.693%
3VICTORIA, BC 0.617%
4BURNABY, BC 0.330%
5KELOWNA, BC 0.318%
6PRINCE GEORGE, BC 0.290%
7ABBOTSFORD, BC 0.284%
8RICHMOND, BC 0.266%
9CHILLIWACK, BC 0.265%
10KAMLOOPS, BC 0.261%
11FORT ST JOHN, BC 0.251%

Types of Mortgage Inquiries Received from Prince George


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 35.1%
First-time Home Buyer: 19.0%
New Home Purchase: 14.3%
No Money Down Mortgage (discontinued): 10.1%
Mortgage Renewal: 9.5%
Refinance / Debt Consolidation: 8.9%
Other: 3%
 
Total Application Types Found: 9

Age Demographics for Prince George Mortgages

Average age: 38
Oldest age: 72
Youngest age: 20


Incomes for Prince George Mortgages

The amounts shown below represent the average income of Canadians living in Prince George 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 Prince George: $53,904.41
applicants within all of Canada: $60,852.54
Difference: ($6,948.13)
  
mortgage co-applicants in Prince George: $38,702.77
co-applicants within all of Canada: $43,965.51
Difference: ($5,262.75)

Note: Commercial loans were not included for this section, only residential loans from Prince George, British Columbia were used.

Nearest Settlements


1Vanderhoof, British Columbia


Last mortgage report update for Prince George: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Chilliwack.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt21.57%
Mortgage Pre-approval20.92%
New Purchase16.34%
No Money Down discontinued12.42%
Mortgage Renewal8.50%
First-time Home Buyer7.84%
Other12.4%
 
Mortgage Rates Chart
Your money goes a lot further when you pay your home off with low interest rate. Make sure your mortgage isn't weighing you down with high rates and ridiculous payments. View our mortgage rates chart to find the best interest rates in Canada.
Mortgage Rates Chart