Mortgage Stats and Info for Manitoba, Canada
Busy Months
This graph below depicts the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Manitoba seems to occur in April with 11.8% of applications, while our slowest is December with 4.8%.
| April | 11.8% |
| May | 11.6% |
| March | 9.8% |
| July | 9.7% |
| June | 8.6% |
| August | 8.6% |
| February | 8.3% |
| January | 7.7% |
| October | 7.2% |
| November | 6.1% |
| September | 5.7% |
| December | 4.8% |
Busy Days
The information listed below compares 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 Manitoba the most busy day, having more than 18.6% of all inquiries, is Tuesday. In comparison, Saturday is the slowest day with only 10.5% of all inquiries.
| Tuesday | 18.6% |
| Monday | 18.0% |
| Wednesday | 15.1% |
| Thursday | 14.8% |
| Friday | 12.5% |
| Sunday | 10.6% |
| Saturday | 10.5% |
Peak Hours
In Manitoba, applications are received 24 hours a day via the Super Brokers' web site. The report shown below indicates the rush hours for mortgage applications within a 24-hour period. 32.9% of all mortgages are received before noon, while 67.1% arrive in the afternoon.
| Midnight - 1 AM | 1.9% |
| 1 AM - 2 AM | 1.1% |
| 2 AM - 3 AM | 1.0% |
| 3 AM - 4 AM | 0.7% |
| 4 AM - 5 AM | 0.7% |
| 5 AM - 6 AM | 0.7% |
| 6 AM - 7 AM | 0.9% |
| 7 AM - 8 AM | 1.2% |
| 8 AM - 9 AM | 3.1% |
| 9 AM - 10 AM | 3.4% |
| 10 AM - 11 AM | 5.7% |
| 11 AM - Noon | 7.4% |
| Noon - 1 PM | 6.8% |
| 1 PM - 2 PM | 8.2% |
| 2 PM - 3 PM | 6.7% |
| 3 PM - 4 PM | 7.9% |
| 4 PM - 5 PM | 6.4% |
| 5 PM - 6 PM | 5.1% |
| 6 PM - 7 PM | 5.5% |
| 7 PM - 8 PM | 4.6% |
| 8 PM - 9 PM | 4.9% |
| 9 PM - 10 PM | 7.0% |
| 10 PM - 11 PM | 5.1% |
| 11 PM - Midnight | 3.7% |
Busy Seasons
The pie chart below depicts the peak seasons for mortgage loan applications received by Super Brokers. The busiest season for mortgages located within Manitoba usually occurs in Spring with 33.3% of applications, while the slow season is Autumn with 19.0%.
- Winter
- Spring
- Summer
- Autumn
| Winter | 20.8% |
| Spring | 33.3% |
| Summer | 27.0% |
| Autumn | 19.0% |
Top Cities
| Average | |||||||
|---|---|---|---|---|---|---|---|
| Rank# | City/Town | % of Inquiries | Age | Income | Co-Income | Loan | |
| 1 | Winnipeg, MB | 1.16% | 37 | $52.4K | $34.1K | $139K | |
| 2 | Brandon, MB | 0.124% | 35 | $49.4K | $38.2K | $129K | |
| 3 | Thompson, MB | 0.063% | 38 | $83K | $47.5K | $116K | |
| 4 | Portage la Prairie, MB | 0.044% | 36 | $39.4K | $29.2K | $103K | |
| 5 | The Pas, MB | 0.040% | 41 | $62K | $59.4K | $195K | |
| 6 | Shilo, MB | 0.032% | 32 | $85.6K | $28.1K | $168K | |
| 7 | Selkirk, MB | 0.029% | 41 | $47K | $23.8K | $100K | |
| 8 | Steinbach, MB | 0.024% | 35 | $67.2K | $22.8K | $104K | |
| 9 | Morden, MB | 0.021% | 34 | $34.6K | $11.7K | $95.7K | |
| 10 | Flin Flon, MB | 0.019% | 42 | $57.1K | $33K | $172K | |
| 11 | Dauphin, MB | 0.019% | 35 | $51.9K | $28.6K | $94.8K | |
| 12 | Stonewall, MB | 0.014% | 32 | $29.8K | $48.7K | $53K | |
| 13 | Niverville, MB | 0.013% | 46 | $47.8K | $13.9K | $128K | |
| 14 | St. Adolphe, MB | 0.013% | 37 | $53.2K | $37.5K | $107K | |
| 15 | Neepawa, MB | 0.013% | 31 | $28.8K | $14.6K | $63K | |
| 16 | Ste Anne, MB | 0.011% | 44 | $41.1K | $24.2K | $55K | |
| 17 | St. Andrews, MB | 0.011% | 37 | $82.2K | $62.5K | $147K | |
| 18 | Morris, MB | 0.011% | 36 | $32.9K | $41.6K | $50K | |
| 19 | Rivers, MB | - | 42 | $75.2K | $28K | $211K | |
| 20 | Beausejour, MB | - | 42 | $63.3K | $8,500 | $176K | |
| 21 | Carman, MB | - | 36 | $55.8K | $39.2K | $138K | |
| 22 | Virden, MB | - | 44 | $44.5K | $34.8K | $60K | |
| 23 | Hartney, MB | - | 33 | $39.3K | $6,333 | $41.4K | |
| 24 | Grosse Isle, MB | - | 33 | $59K | $1,800 | $153K | |
| 25 | East St Paul, MB | - | 44 | $54.3K | - | $190K | |
Age Ranges for Mortgage Applicants
In Manitoba, the median age for when home-buyers apply for a mortgage is 35. The youngest person to apply for a mortgage online was 18 years old; the oldest was 83 years young.
Marital Status for Mortgage Applicants
When mortgage applicants in Manitoba apply for a mortgage, they enter a marital status, and the most frequent status' they report are Married with 50.8%, Single with 27.3%, Common Law with 11.5%, Divorced with 5.2%, Separated with 4.3%, and Widowed with 0.8%.
Mortgage Types
Of all of the mortgage applications in Manitoba, the 5 most prominent inquiry types are Qualification with 22.9%, Refinance with 17.5%, First-time Buyer with 15.5%, No Money Down with 15.2%, and Purchase with 13.9%.
- Qualification
- Refinance
- First-time Buyer
- No Money Down
- Other
- Purchase
| Qualification | 22.9% |
| Refinance | 17.5% |
| First-time Buyer | 15.5% |
| No Money Down | 15.2% |
| Other | 14.8% |
| Purchase | 13.9% |
Current Living Arrangement
When asked on an online mortgage application if they own or rent and where they reside, the folks of Manitoba most commonly answer: Rent with 44.0%, Own with 41.6%, and Live with parents with 6.2%.
