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Manitoba Mortgage Information

Busy Months for Mortgages in Manitoba

The 6-year bar graph below displays 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 31.58% while our slowest is the fourth quarter (represented by the red bars) with 16.87%.

Busy Months Report for Manitoba Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 12.4%
2 May: 10.8%
3 March: 10.5%
4 July: 10.2%
5 August: 8.8%
6 January: 8.4%
RankMonth Percentage of Applications
7 February: 8.4%
8 June: 8.4%
9 October: 7.1%
10 September: 5.3%
11 November: 5.2%
12 December: 4.6%

Busy Days for Mortgages in Manitoba

The data below displays the busy days for Internet mortgage applications that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Manitoba, the day with the most volume, having more than 18.85% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 10.50% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 18.9%
2 Monday: 16.9%
3 Thursday: 15.2%
4 Wednesday: 15.0%
5 Friday: 12.5%
6 Sunday: 11.0%
7 Saturday: 10.5%
Busy Days Report for Manitoba Mortgages

Peak Hours for Manitoba Mortgage Applications

Mortgage inquiries are received 24 hours a day from the Super Brokers' web site. The statistics shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 29.3% of all mortgages are received before noon, while 67.9% arrive in the afternoon.


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: 3.1%
8AM 08:00 to 08:59: 3.6%
9AM 09:00 to 09:59: 5.4%
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: 8.3%
1PM 13:00 to 13:59: 6.7%
2PM 14:00 to 14:59: 7.7%
3PM 15:00 to 15:59: 6.8%
4PM 16:00 to 16:59: 4.6%
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: 7.0%
9PM 21:00 to 21:59: 5.3%
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: 1056.6%
British Columbia: 516.5%
Manitoba: 100.0%
New Brunswick: 125.5%
Newfoundland and Labrador: 64.6%
Nova Scotia: 164.3%
Northwest Territories: 24.2%
Nunavut: 4.7%
Ontario: 2355.2%
Prince Edward Island: 25.1%
Quebec: 196.2%
Saskatchewan: 252.5%
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
Loan
1WINNIPEG, MB 54.819% 37 $53,168 $37,810 $158,719
2BRANDON, MB 6.368% 35 $54,241 $43,715 $172,646
3THOMPSON, MB 2.668% 37 $84,990 $34,827 $181,232
4PORTAGE LA PRAIRIE, MB 1.979% 36 $40,878 $29,692 $116,568
5THE PAS, MB 1.807% 42 $63,098 $63,368 $162,421
6SHILO, MB 1.549% 33 $55,283 $32,778 $179,862
7STEINBACH, MB 1.377% 35 $41,846 $23,000 $147,991
8SELKIRK, MB 1.205% 41 $41,931 $31,926 $112,812
9DAUPHIN, MB 0.947% 35 $57,800 $42,000 $126,550
10FLIN FLON, MB 0.947% 41 $56,420 $56,000 $168,125
11MORDEN, MB 0.947% 34 $42,227 $19,933 $82,371
12NEEPAWA, MB 0.688% 32 $31,931 $27,573 $84,714
13STONEWALL, MB 0.688% 33 $29,369 $53,333 $74,362
14ST ADOLPHE, MB 0.688% 37 $53,187 $37,550 $91,800
15NIVERVILLE, MB 0.602% 45 $46,033 n/a $77,000
16MORRIS, MB 0.602% 39 $34,473 $47,121 $62,475
17STE ANNE, MB 0.516% 43 $38,233 $25,833 $89,000
18TEULON, MB 0.430% 40 $67,600 n/a $117,800
19HARTNEY, MB 0.430% 34 $39,280 n/a $50,250
20EAST ST PAUL, MB 0.430% 44 $54,300 n/a $185,250
21SWAN RIVER, MB 0.430% 38 $43,224 $45,733 $115,225
22ST ANDREWS, MB 0.430% 39 $74,500 n/a $99,250
23GROSSE ISLE, MB 0.430% 34 $59,040 n/a $134,600
24LAC DU BONNET, MB 0.430% 47 $80,000 n/a $143,307
25CARMAN, MB 0.430% 34 $47,388 $26,941 $119,500
26ANOLA, MB 0.344% 34 $78,250 n/a $105,000
27OAKBANK, MB 0.344% 32 $96,000 n/a $153,650
28RIVERTON, MB 0.344% 39 $47,500 $30,000 $51,500
29GIMLI, MB 0.344% 60 $50,000 n/a $169,500
30GRUNTHAL, MB 0.344% 30 $42,666 n/a $148,750
31BEAUSEJOUR, MB 0.344% 44 $52,000 n/a $163,000
32ROBLIN, MB 0.344% 35 $126,000 $35,666 $126,125
33MELITA, MB 0.344% 32 $45,250 n/a $78,750
34KILLARNEY, MB 0.344% 34 $21,322 $25,333 $77,250
35VIRDEN, MB 0.344% 46 $179,117 $34,842 $134,250
36GILLAM, MB 0.344% 38 $59,750 $65,000 $191,666
37ST PIERRE JOLYS, MB 0.344% 30 $42,500 $27,333 $104,750
38ROSSBURN, MB 0.344% 47 $68,500 n/a $153,333
39HAMIOTA, MB 0.258% 31 $43,833 $57,500 $216,666
40STONY MOUNTAIN, MB 0.258% 32 $41,333 n/a $120,000
41STE ROSE DU LAC, MB 0.258% 36 $26,500 n/a $102,000
42ARBORG, MB 0.258% 36 $30,858 n/a $103,333
43LA BROQUERIE, MB 0.258% 25 $28,000 $12,500 $110,000
44SNOW LAKE, MB 0.258% 37 $69,250 n/a $86,666
45MINNEDOSA, MB 0.258% 31 $34,666 n/a $22,500
46HEADINGLEY, MB 0.258% 45 $84,104 n/a $175,000
47ERICKSON, MB 0.258% 33 $49,333 n/a $116,666
48CHURCHILL, MB 0.258% 41 $65,000 n/a $95,000
49GRANDE POINTE, MB 0.258% 45 $130,000 $43,662 $389,500
50CARTWRIGHT, MB 0.172% 32 $42,500 n/a $130,000

Types of Mortgage Inquiries Received from Manitoba


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 24.7%
Refinance / Debt Consolidation: 16.5%
First-time Home Buyer: 15.9%
New Home Purchase: 15.1%
No Money Down Mortgage (discontinued): 14.5%
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 amounts below are the average income of people living in Manitoba who have applied for a mortgage loan using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Manitoba: $54,491.39
applicants within all of Canada: $60,871.80
Difference: ($6,380.41)
  
mortgage co-applicants in Manitoba: $38,323.29
co-applicants within all of Canada: $44,075.54
Difference: ($5,752.24)

Note: Commercial loan amounts were not included for this survey, only residential mortgage loans were used.

Last mortgage report update for Manitoba: Thursday, August 13, 2015
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