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Manitoba Mortgage Information

Busy Months for Mortgages in Manitoba

The bar graph below illustrates the volumes of Web 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 31.75% while our slowest is the fourth quarter (represented by the red bars) with 16.91%.

Busy Months Report for Manitoba Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 12.5%
2 May: 10.8%
3 March: 10.4%
4 July: 9.4%
5 February: 9.0%
6 January: 8.6%
RankMonth Percentage of Applications
7 August: 8.6%
8 June: 8.5%
9 October: 7.2%
10 September: 5.3%
11 November: 5.2%
12 December: 4.6%

Busy Days for Mortgages in Manitoba

The bar graph listed below plots the busy days for mortgage inquiries that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Manitoba the busiest day of the week, with 18.98% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 10.53% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 19.0%
2 Monday: 17.0%
3 Thursday: 15.4%
4 Wednesday: 14.8%
5 Friday: 12.6%
6 Sunday: 10.6%
7 Saturday: 10.5%
Busy Days Report for Manitoba Mortgages

Peak Hours for Manitoba Mortgage Applications

Applications are received 24 hours a day from the Super Brokers web site. The following indicates the busy hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Manitoba
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.0%
1AM 01:00 to 01:59: 1.1%
2AM 02:00 to 02:59: 0.6%
3AM 03:00 to 03:59: 0.7%
4AM 04:00 to 04:59: 0.6%
5AM 05:00 to 05:59: 0.9%
6AM 06:00 to 06:59: 0.9%
7AM 07:00 to 07:59: 3.2%
8AM 08:00 to 08:59: 3.6%
9AM 09:00 to 09:59: 5.5%
10AM 10:00 to 10:59: 7.5%
11AM 11:00 to 11:59: 6.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.5%
1PM 13:00 to 13:59: 6.6%
2PM 14:00 to 14:59: 7.9%
3PM 15:00 to 15:59: 6.8%
4PM 16:00 to 16:59: 4.5%
5PM 17:00 to 17:59: 5.8%
6PM 18:00 to 18:59: 4.6%
7PM 19:00 to 19:59: 5.2%
8PM 20:00 to 20:59: 6.7%
9PM 21:00 to 21:59: 5.2%
10PM 22:00 to 22:59: 3.7%
11PM 23:00 to 23:59: 2.1%

Manitoba Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage in Comparison
Alberta: 1051.8%
British Columbia: 519.0%
Manitoba: 100.0%
New Brunswick: 126.1%
Newfoundland and Labrador: 65.0%
Nova Scotia: 164.3%
Northwest Territories: 24.4%
Nunavut: 4.8%
Ontario: 2360.9%
Prince Edward Island: 25.4%
Quebec: 196.5%
Saskatchewan: 251.4%
Yukon: 23.6%

Top Producing Cities / Towns for Mortgages in Manitoba

Rank City or Town within
Manitoba
Percentage
of Inquiries
Avg
Age
Average
Income
Average
Co-Income
Average
Home Loan
1WINNIPEG, MB 54.961% 37 $53,417 $37,713 $158,431
2BRANDON, MB 6.385% 35 $54,241 $43,715 $172,646
3THOMPSON, MB 2.675% 37 $84,990 $34,827 $181,232
4PORTAGE LA PRAIRIE, MB 1.984% 36 $45,127 $31,018 $114,457
5SHILO, MB 1.639% 33 $54,678 $32,778 $180,164
6THE PAS, MB 1.467% 39 $57,121 $54,990 $131,066
7STEINBACH, MB 1.381% 35 $41,846 $23,000 $147,991
8SELKIRK, MB 1.381% 40 $46,207 $31,926 $118,148
9FLIN FLON, MB 1.035% 42 $57,109 $56,000 $166,111
10DAUPHIN, MB 0.863% 35 $57,000 $42,000 $133,388
11MORDEN, MB 0.863% 35 $42,227 $12,400 $72,667
12NEEPAWA, MB 0.690% 32 $31,931 $27,573 $84,714
13STONEWALL, MB 0.690% 33 $29,369 $53,333 $74,362
14ST ADOLPHE, MB 0.690% 37 $53,187 $37,550 $91,800
15NIVERVILLE, MB 0.604% 45 $46,033 n/a $77,000
16MORRIS, MB 0.604% 39 $34,473 $47,121 $62,475
17STE ANNE, MB 0.518% 43 $38,233 $25,833 $89,000
18HARTNEY, MB 0.431% 34 $39,280 n/a $50,250
19EAST ST PAUL, MB 0.431% 44 $54,300 n/a $185,250
20SWAN RIVER, MB 0.431% 38 $43,224 $45,733 $115,225
21ST ANDREWS, MB 0.431% 39 $74,500 n/a $99,250
22GROSSE ISLE, MB 0.431% 34 $59,040 n/a $134,600
23CARMAN, MB 0.431% 34 $47,388 $26,941 $119,500
24TEULON, MB 0.345% 37 $49,500 n/a $76,000
25ANOLA, MB 0.345% 34 $78,250 n/a $105,000
26OAKBANK, MB 0.345% 32 $96,000 n/a $153,650
27RIVERTON, MB 0.345% 39 $47,500 $30,000 $51,500
28GRUNTHAL, MB 0.345% 30 $42,666 n/a $148,750
29LAC DU BONNET, MB 0.345% 45 $80,000 n/a $139,975
30ROBLIN, MB 0.345% 35 $126,000 $35,666 $126,125
31MELITA, MB 0.345% 32 $45,250 n/a $78,750
32KILLARNEY, MB 0.345% 34 $21,322 $25,333 $77,250
33VIRDEN, MB 0.345% 46 $179,117 $34,842 $134,250
34GILLAM, MB 0.345% 38 $59,750 $65,000 $191,666
35ST PIERRE JOLYS, MB 0.345% 30 $42,500 $27,333 $104,750
36ROSSBURN, MB 0.345% 47 $68,500 n/a $153,333
37HAMIOTA, MB 0.259% 31 $43,833 $57,500 $216,666
38STONY MOUNTAIN, MB 0.259% 32 $41,333 n/a $120,000
39RIVERS, MB 0.259% 38 $49,666 n/a $125,000
40STE ROSE DU LAC, MB 0.259% 36 $26,500 n/a $102,000
41EAST SELKIRK, MB 0.259% 45 $34,020 n/a $90,000
42GIMLI, MB 0.259% 57 n/a n/a $169,500
43BEAUSEJOUR, MB 0.259% 41 $52,333 n/a $189,000
44ARBORG, MB 0.259% 36 $30,858 n/a $103,333
45LA BROQUERIE, MB 0.259% 25 $28,000 $12,500 $110,000
46SNOW LAKE, MB 0.259% 37 $69,250 n/a $86,666
47MINNEDOSA, MB 0.259% 31 $34,666 n/a $22,500
48HEADINGLEY, MB 0.259% 45 $84,104 n/a $175,000
49CHURCHILL, MB 0.259% 41 $65,000 n/a $95,000
50GRANDE POINTE, MB 0.259% 45 $130,000 $43,662 $389,500

Types of Mortgage Inquiries Received from Manitoba


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 25.1%
Refinance / Debt Consolidation: 16.5%
First-time Home Buyer: 16.1%
No Money Down Mortgage (discontinued): 14.6%
New Home Purchase: 14.5%
Mortgage Renewal: 6.4%
Other: 6.8%
 
Total Application Types Found: 18

Age Demographics for Manitoba Mortgage Inquiries

Average age: 37
Oldest age: 83
Youngest age: 19


Incomes for Manitoba Mortgage Inquiries

The amounts shown below represent the average income of people living in Manitoba who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Manitoba: $54,493.50
applicants within all of Canada: $60,852.54
Difference: ($6,359.04)
  
mortgage co-applicants in Manitoba: $37,717.22
co-applicants within all of Canada: $43,965.51
Difference: ($6,248.29)

Note: Commercial Mortgage loans were not included for this section, only residential loans amounts from Manitoba were used.

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