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Manitoba Mortgage Information

Busy Months for Mortgages in Manitoba

The following bar graph illustrates the volumes of mortgage 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 31.59% while our slowest is the fourth quarter (represented by the red bars) with 17.10%.

Busy Months Report for Manitoba Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 12.6%
2 May: 10.7%
3 March: 10.7%
4 July: 9.5%
5 August: 8.7%
6 January: 8.6%
RankMonth Percentage of Applications
7 February: 8.6%
8 June: 8.3%
9 October: 7.2%
10 September: 5.3%
11 November: 5.2%
12 December: 4.6%

Busy Days for Mortgages in Manitoba

The graph below shows the busy days for online mortgage applications that were received by Super Brokers' web site. Each day is a representation of the combined 6-year total of all instances of that day. In Manitoba the most busy day of the week, with 19.02% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 10.47% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 19.0%
2 Monday: 16.8%
3 Thursday: 15.4%
4 Wednesday: 14.9%
5 Friday: 12.6%
6 Sunday: 10.9%
7 Saturday: 10.5%
Busy Days Report for Manitoba Mortgages

Peak Hours for Manitoba Mortgage Applications

Inquiries are received 24 hours a day via the Super Brokers web site. The following indicates the rush hours in the day. 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: 1.0%
7AM 07:00 to 07:59: 3.1%
8AM 08:00 to 08:59: 3.7%
9AM 09:00 to 09:59: 5.5%
10AM 10:00 to 10:59: 7.6%
11AM 11:00 to 11:59: 6.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.5%
1PM 13:00 to 13:59: 6.7%
2PM 14:00 to 14:59: 7.8%
3PM 15:00 to 15:59: 6.9%
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: 5.3%
8PM 20:00 to 20:59: 6.6%
9PM 21:00 to 21:59: 5.1%
10PM 22:00 to 22:59: 3.8%
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: 1065.2%
British Columbia: 522.1%
Manitoba: 100.0%
New Brunswick: 126.4%
Newfoundland and Labrador: 65.1%
Nova Scotia: 165.6%
Northwest Territories: 24.4%
Nunavut: 4.8%
Ontario: 2380.4%
Prince Edward Island: 25.4%
Quebec: 198.3%
Saskatchewan: 254.5%
Yukon: 23.7%

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
Loan
1WINNIPEG, MB 55.148% 37 $53,050 $37,793 $158,397
2BRANDON, MB 6.457% 35 $54,241 $43,715 $172,646
3THOMPSON, MB 2.705% 37 $84,990 $34,827 $181,232
4PORTAGE LA PRAIRIE, MB 1.832% 36 $41,722 $31,018 $107,341
5SHILO, MB 1.571% 33 $55,283 $32,778 $179,862
6THE PAS, MB 1.483% 39 $57,121 $54,990 $131,066
7STEINBACH, MB 1.396% 35 $41,846 $23,000 $147,991
8SELKIRK, MB 1.222% 41 $41,931 $31,926 $112,812
9FLIN FLON, MB 0.960% 41 $56,420 $56,000 $168,125
10MORDEN, MB 0.960% 34 $42,227 $19,933 $82,371
11DAUPHIN, MB 0.873% 35 $57,000 $42,000 $133,388
12NEEPAWA, MB 0.698% 32 $31,931 $27,573 $84,714
13STONEWALL, MB 0.698% 33 $29,369 $53,333 $74,362
14ST ADOLPHE, MB 0.698% 37 $53,187 $37,550 $91,800
15NIVERVILLE, MB 0.611% 45 $46,033 n/a $77,000
16MORRIS, MB 0.611% 39 $34,473 $47,121 $62,475
17STE ANNE, MB 0.524% 43 $38,233 $25,833 $89,000
18HARTNEY, MB 0.436% 34 $39,280 n/a $50,250
19EAST ST PAUL, MB 0.436% 44 $54,300 n/a $185,250
20SWAN RIVER, MB 0.436% 38 $43,224 $45,733 $115,225
21ST ANDREWS, MB 0.436% 39 $74,500 n/a $99,250
22GROSSE ISLE, MB 0.436% 34 $59,040 n/a $134,600
23CARMAN, MB 0.436% 34 $47,388 $26,941 $119,500
24TEULON, MB 0.349% 37 $49,500 n/a $76,000
25ANOLA, MB 0.349% 34 $78,250 n/a $105,000
26OAKBANK, MB 0.349% 32 $96,000 n/a $153,650
27RIVERTON, MB 0.349% 39 $47,500 $30,000 $51,500
28GIMLI, MB 0.349% 60 $50,000 n/a $169,500
29GRUNTHAL, MB 0.349% 30 $42,666 n/a $148,750
30BEAUSEJOUR, MB 0.349% 44 $52,000 n/a $163,000
31LAC DU BONNET, MB 0.349% 45 $80,000 n/a $139,975
32ROBLIN, MB 0.349% 35 $126,000 $35,666 $126,125
33MELITA, MB 0.349% 32 $45,250 n/a $78,750
34KILLARNEY, MB 0.349% 34 $21,322 $25,333 $77,250
35VIRDEN, MB 0.349% 46 $179,117 $34,842 $134,250
36GILLAM, MB 0.349% 38 $59,750 $65,000 $191,666
37ST PIERRE JOLYS, MB 0.349% 30 $42,500 $27,333 $104,750
38ROSSBURN, MB 0.349% 47 $68,500 n/a $153,333
39HAMIOTA, MB 0.262% 31 $43,833 $57,500 $216,666
40STONY MOUNTAIN, MB 0.262% 32 $41,333 n/a $120,000
41STE ROSE DU LAC, MB 0.262% 36 $26,500 n/a $102,000
42ARBORG, MB 0.262% 36 $30,858 n/a $103,333
43LA BROQUERIE, MB 0.262% 25 $28,000 $12,500 $110,000
44SNOW LAKE, MB 0.262% 37 $69,250 n/a $86,666
45MINNEDOSA, MB 0.262% 31 $34,666 n/a $22,500
46HEADINGLEY, MB 0.262% 45 $84,104 n/a $175,000
47CHURCHILL, MB 0.262% 41 $65,000 n/a $95,000
48GRANDE POINTE, MB 0.262% 45 $130,000 $43,662 $389,500
49CARTWRIGHT, MB 0.175% 32 $42,500 n/a $130,000
50ELKHORN, MB 0.175% 44 $71,500 $22,000 $115,532

Types of Mortgage Inquiries Received from Manitoba


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 24.9%
Refinance / Debt Consolidation: 16.4%
First-time Home Buyer: 16.1%
No Money Down Mortgage (discontinued): 14.7%
New Home Purchase: 14.6%
Mortgage Renewal: 6.5%
Other: 6.6%
 
Total Application Types Found: 17

Age Demographics for Manitoba Mortgage Inquiries

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


Incomes for Manitoba Mortgage Inquiries

The numbers below represent the average income of people living in Manitoba who have submitted a mortgage inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Manitoba: $54,265.92
applicants within all of Canada: $60,841.69
Difference: ($6,575.76)
  
mortgage co-applicants in Manitoba: $37,893.64
co-applicants within all of Canada: $44,024.91
Difference: ($6,131.27)

Note: Commercial Mortgage loans were not included for this survey, only residential mortgages were used.

Last mortgage report update for Manitoba: Wednesday, May 20, 2015
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