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New Brunswick Mortgage Information

Busy Months for Mortgages in New Brunswick

The bar graph below depicts the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages occur during our third quarter (represented by the blue bars) with 28.85% while our slowest is the fourth quarter (represented by the red bars) with 16.43%.

Busy Months Report for New Brunswick Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 July: 10.9%
2 May: 10.2%
3 August: 10.1%
4 January: 9.9%
5 March: 9.0%
6 April: 8.9%
RankMonth Percentage of Applications
7 June: 8.4%
8 February: 8.3%
9 September: 7.9%
10 October: 6.8%
11 November: 5.2%
12 December: 4.3%

Busy Days for Mortgages in New Brunswick

The graph listed below plots the busy days for online inquiries 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 New Brunswick, the day with the most volume, generating 17.39% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 9.25% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 17.4%
2 Monday: 16.7%
3 Tuesday: 16.2%
4 Thursday: 14.6%
5 Friday: 13.2%
6 Sunday: 12.7%
7 Saturday: 9.3%
Busy Days Report for New Brunswick Mortgages

Peak Hours for New Brunswick Mortgage Applications

Mortgage applications are received 24 hours a day via our web site. The following indicates the busy hours in the day. The data is taken from all days of all years. Only 12.8% of all mortgages are received before noon, while 56.2% arrive in the afternoon.


Peak Hours Graph for Mortgages in New Brunswick
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.6%
1AM 01:00 to 01:59: 0.3%
2AM 02:00 to 02:59: 0.1%
3AM 03:00 to 03:59: 0.4%
4AM 04:00 to 04:59: 1.0%
5AM 05:00 to 05:59: 3.3%
6AM 06:00 to 06:59: 5.8%
7AM 07:00 to 07:59: 5.5%
8AM 08:00 to 08:59: 6.8%
9AM 09:00 to 09:59: 7.2%
10AM 10:00 to 10:59: 5.9%
11AM 11:00 to 11:59: 6.9%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.7%
1PM 13:00 to 13:59: 5.7%
2PM 14:00 to 14:59: 4.7%
3PM 15:00 to 15:59: 5.8%
4PM 16:00 to 16:59: 5.7%
5PM 17:00 to 17:59: 7.2%
6PM 18:00 to 18:59: 6.1%
7PM 19:00 to 19:59: 5.5%
8PM 20:00 to 20:59: 3.8%
9PM 21:00 to 21:59: 2.5%
10PM 22:00 to 22:59: 1.1%
11PM 23:00 to 23:59: 0.4%

New Brunswick Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage in Comparison
Alberta: 842.4%
British Columbia: 412.9%
Manitoba: 79.1%
New Brunswick: 100.0%
Newfoundland and Labrador: 51.5%
Nova Scotia: 131.0%
Northwest Territories: 19.3%
Nunavut: 3.8%
Ontario: 1882.6%
Prince Edward Island: 20.1%
Quebec: 156.8%
Saskatchewan: 201.2%
Yukon: 18.8%

Top Producing Cities / Towns for Mortgages in New Brunswick

Rank City or Town within
New Brunswick
Percentage
of Inquiries
Avg
Age
Average
Income
Average
Co-Income
Average
Home Loan
1MONCTON, NB 12.767% 34 $45,033 $33,780 $129,650
2FREDERICTON, NB 11.249% 35 $45,694 $31,072 $125,693
3SAINT JOHN, NB 11.111% 35 $46,002 $38,699 $124,742
4RIVERVIEW, NB 3.658% 36 $43,931 $32,922 $120,506
5MIRAMICHI, NB 3.451% 38 $39,877 $33,627 $92,754
6DIEPPE, NB 3.244% 32 $43,450 $35,320 $134,549
7OROMOCTO, NB 3.175% 32 $55,641 $37,987 $172,111
8BATHURST, NB 2.553% 38 $46,262 $21,700 $92,569
9WOODSTOCK, NB 1.587% 39 $46,565 $32,031 $98,071
10ROTHESAY, NB 1.380% 42 $68,389 $40,142 $148,005
11GRAND FALLS, NB 1.242% 34 $50,706 $39,838 $82,087
12ST STEPHEN, NB 1.242% 36 $38,381 $27,530 $73,175
13QUISPAMSIS, NB 1.173% 40 $55,612 $43,140 $152,946
14SHEDIAC, NB 1.035% 34 $45,035 $36,700 $119,437
15SUSSEX, NB 0.828% 37 $41,460 $15,833 $89,071
16EDMUNDSTON, NB 0.828% 33 $34,218 $40,500 $102,253
17NOTRE-DAME, NB 0.759% 40 $41,048 $41,008 $155,000
18BERESFORD, NB 0.690% 37 $51,732 $29,580 $115,590
19LINCOLN, NB 0.690% 39 $54,672 $34,000 $189,916
20MINTO, NB 0.621% 31 $63,000 $37,500 $72,442
21BOUCTOUCHE, NB 0.621% 47 $37,441 n/a $77,237
22CAMPBELLTON, NB 0.621% 40 $50,055 $35,333 $57,498
23COCAGNE, NB 0.552% 38 $40,449 n/a $119,957
24DALHOUSIE, NB 0.552% 32 $41,375 $54,000 $102,250
25BLACKVILLE, NB 0.552% 36 $33,875 $18,250 $43,901
26SACKVILLE, NB 0.483% 36 $101,012 n/a $156,560
27BELLEDUNE, NB 0.483% 33 $36,666 $18,333 $56,666
28CAP-PELE, NB 0.414% 35 $43,691 $28,666 $46,599
29NIGADOO, NB 0.414% 37 $37,000 n/a $101,665
30LAKEVILLE, NB 0.414% 30 $33,340 $19,666 $108,725
31GRAND BAY-WESTFIELD, NB 0.414% 35 $62,157 $53,000 $184,480
32ST ANDREWS, NB 0.414% 43 $50,112 n/a $105,166
33HANWELL, NB 0.345% 37 $63,582 $37,796 $136,082
34SALISBURY, NB 0.345% 42 $45,666 n/a $63,333
35PETITCODIAC, NB 0.345% 30 $32,010 $19,976 $106,380
36HILLSBOROUGH, NB 0.345% 43 $35,560 n/a $90,000
37REXTON, NB 0.345% 37 $28,300 n/a $114,500
38TRACADIE-SHEILA, NB 0.345% 39 $47,800 $29,000 $105,000
39NEW DENMARK, NB 0.345% 38 $38,511 $19,440 $59,250
40DOUGLAS, NB 0.345% 41 $50,944 n/a $99,000
41SUSSEX CORNER, NB 0.276% 33 $26,480 n/a $86,250
42GRAND MANAN, NB 0.276% 34 $36,600 n/a $66,750
43RICHIBUCTO, NB 0.276% 37 $68,700 n/a $61,666
44SAINT-QUENTIN, NB 0.276% 32 $72,500 n/a $185,000
45PERTH-ANDOVER, NB 0.276% 41 $54,666 n/a $80,000
46SAINT-SIMON, NB 0.276% 35 $30,250 $26,000 $125,000
47MCADAM, NB 0.276% 48 $32,934 $44,003 $112,066
48SAINT-LEONARD, NB 0.276% 37 $31,210 n/a $106,000
49KINGSTON, NB 0.207% 26 $31,666 n/a $91,500
50HARTLAND, NB 0.207% 25 $42,864 n/a $106,250

Types of Mortgage Inquiries Received from New Brunswick


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 23.5%
First-time Home Buyer: 19.9%
New Home Purchase: 17.4%
No Money Down Mortgage (discontinued): 15.3%
Refinance / Debt Consolidation: 12.4%
Mortgage Renewal: 5.1%
Other: 6.5%
 
Total Application Types Found: 20

Age Demographics for New Brunswick Mortgage Inquiries

Average age: 36
Oldest age: 88
Youngest age: 19


Incomes for New Brunswick Mortgage Inquiries

The amounts shown below represent the average income of people living in New Brunswick who have applied for a loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in New Brunswick: $46,316.44
applicants within all of Canada: $60,841.69
Difference: ($14,525.24)
  
mortgage co-applicants in New Brunswick: $32,918.92
co-applicants within all of Canada: $44,024.91
Difference: ($11,105.99)

Note: Commercial Mortgages were not included for this section, only residential loans from New Brunswick were used.

Last mortgage report update for New Brunswick: Wednesday, May 20, 2015
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