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Trail Mortgage Information

Average Mortgage Loan in Trail: $152,948

Busy Days for Mortgage Inquiries within Trail

The data below shows the busy days for Internet mortgage applications that were received by the Super Brokers web site. A combined total of all occurrences of each day are represented for the past 5 years. In Trail the busiest day of the week, with 23.33% of all submissions, is Tuesday. In comparison, Sunday's are the slowest day with only 6.67% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 23.3%
2 Saturday: 16.7%
3 Monday: 13.3%
4 Friday: 13.3%
5 Wednesday: 13.3%
6 Thursday: 13.3%
7 Sunday: 6.7%
Busy Days Report for Trail Mortgages

Peak Hours for Based Mortgages within Trail

Mortgage applications are received 24 hours a day via our web site. The following indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 23.3% of all mortgages are received during the morning, while 76.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Trail
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 3.3%
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: 6.7%
8AM 08:00 to 08:59: 3.3%
9AM 09:00 to 09:59: 0%
10AM 10:00 to 10:59: 3.3%
11AM 11:00 to 11:59: 6.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 0%
1PM 13:00 to 13:59: 10.0%
2PM 14:00 to 14:59: 10.0%
3PM 15:00 to 15:59: 10.0%
4PM 16:00 to 16:59: 3.3%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 10.0%
7PM 19:00 to 19:59: 6.7%
8PM 20:00 to 20:59: 3.3%
9PM 21:00 to 21:59: 13.3%
10PM 22:00 to 22:59: 10.0%
11PM 23:00 to 23:59: 0%

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 Trail Ranks in British Columbia for Mortgage Business

The following table lists how Trail 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
36REVELSTOKE, BC 0.057%
37SPARWOOD, BC 0.055%
38PORT MOODY, BC 0.054%
39PRINCE RUPERT, BC 0.052%
40KIMBERLEY, BC 0.052%
41TRAIL, BC 0.052%
42SECHELT, BC 0.050%
43MERRITT, BC 0.050%
44GRAND FORKS, BC 0.050%
45SOOKE, BC 0.050%
46LADYSMITH, BC 0.048%

Types of Mortgage Inquiries Received from Trail


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 26.7%
New Home Purchase: 20.0%
No Money Down Mortgage (discontinued): 16.7%
Refinance / Debt Consolidation: 13.3%
First-time Home Buyer: 13.3%
Other: 9.9%
 
Total Application Types Found: 8

Age Demographics for Trail Mortgages

Average age: 36
Oldest age: 60
Youngest age: 21


Incomes for Trail Mortgages

The amounts below are the average income of applicants living in Trail who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Trail: $46,570.88
applicants within all of Canada: $60,852.54
Difference: ($14,281.66)
  
mortgage co-applicants in Trail: $32,111.20
co-applicants within all of Canada: $43,965.51
Difference: ($11,854.31)

Note: Commercial Mortgage loans were not included for this section, only home loans were used.


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