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Winnipeg Mortgage Information

Average Mortgage Loan in Winnipeg: $158,719

Busy Months for Applications within Winnipeg

The following bar graph depicts the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Winnipeg mostly occur during our second quarter (represented by the green bars) with 33.44% while our slowest is the fourth quarter (represented by the red bars) with 17.58%.

Busy Months Report for Winnipeg Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 14.0%
2 May: 10.2%
3 August: 10.1%
4 March: 10.1%
5 June: 9.3%
6 February: 8.6%
RankMonth Percentage of Applications
7 July: 8.5%
8 January: 7.7%
9 October: 6.9%
10 December: 5.8%
11 November: 4.9%
12 September: 4.1%

Busy Days for Mortgage Inquiries within Winnipeg

The information listed below illustrates the busy days for Internet mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Winnipeg, the day with the most volume, generating 18.84% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 11.15% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 18.8%
2 Monday: 16.2%
3 Wednesday: 14.6%
4 Thursday: 14.4%
5 Friday: 13.3%
6 Sunday: 11.5%
7 Saturday: 11.2%
Busy Days Report for Winnipeg Mortgages

Peak Hours for Based Mortgages within Winnipeg

Mortgage inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The statistics shown below represents the peak hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Winnipeg
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.1%
1AM 01:00 to 01:59: 0.9%
2AM 02:00 to 02:59: 0.9%
3AM 03:00 to 03:59: 0.5%
4AM 04:00 to 04:59: 0.8%
5AM 05:00 to 05:59: 1.1%
6AM 06:00 to 06:59: 0.8%
7AM 07:00 to 07:59: 3.9%
8AM 08:00 to 08:59: 3.8%
9AM 09:00 to 09:59: 5.0%
10AM 10:00 to 10:59: 7.8%
11AM 11:00 to 11:59: 6.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.9%
1PM 13:00 to 13:59: 6.1%
2PM 14:00 to 14:59: 6.9%
3PM 15:00 to 15:59: 6.6%
4PM 16:00 to 16:59: 6.0%
5PM 17:00 to 17:59: 5.5%
6PM 18:00 to 18:59: 4.9%
7PM 19:00 to 19:59: 5.3%
8PM 20:00 to 20:59: 7.1%
9PM 21:00 to 21:59: 4.1%
10PM 22:00 to 22:59: 4.4%
11PM 23:00 to 23:59: 1.3%

Manitoba Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.18%
British Columbia: 10.35%
Manitoba: 2.00%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.48%
Nunavut: 0.09%
Ontario: 47.21%
Prince Edward Island: 0.50%
Quebec: 3.93%
Saskatchewan: 5.06%
Yukon: 0.47%

How Winnipeg Ranks in Manitoba for Mortgage Business

The following table lists how Winnipeg 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
1WINNIPEG, MB 1.099%
2BRANDON, MB 0.128%
3THOMPSON, MB 0.053%
4PORTAGE LA PRAIRIE, MB 0.040%
5THE PAS, MB 0.036%
6SHILO, MB 0.031%

Types of Mortgage Inquiries Received from Winnipeg


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 24.8%
New Home Purchase: 17.3%
No Money Down Mortgage (discontinued): 16.0%
First-time Home Buyer: 15.4%
Refinance / Debt Consolidation: 14.1%
Mortgage Renewal: 6.6%
Other: 6%
 
Total Application Types Found: 17

Age Demographics for Winnipeg Originated Mortgages

Average age: 37
Oldest age: 83
Youngest age: 20


Incomes for Winnipeg Originated Mortgages

The following figures show the average income of people living in Winnipeg who have submitted a mortgage inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Winnipeg: $53,168.53
applicants within all of Canada: $60,871.80
Difference: ($7,703.27)
  
mortgage co-applicants in Winnipeg: $37,810.61
co-applicants within all of Canada: $44,075.54
Difference: ($6,264.92)

Note: Commercial loan amounts were not included for this report, only home loans from Winnipeg, Manitoba were used.


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