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New Brunswick Mortgage Information

Busy Months for Mortgages in New Brunswick

The graph below displays the volumes of Internet 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 28.61% while our slowest is the fourth quarter (represented by the red bars) with 16.29%.

Busy Months Report for New Brunswick Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 July: 10.8%
2 May: 10.8%
3 August: 10.0%
4 January: 9.6%
5 March: 9.2%
6 April: 8.9%
RankMonth Percentage of Applications
7 June: 8.5%
8 February: 8.2%
9 September: 7.8%
10 October: 6.8%
11 November: 5.2%
12 December: 4.3%

Busy Days for Mortgages in New Brunswick

The bar graph below compares the busy days for mortgage applications 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 New Brunswick the busiest day of the week, with 17.45% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 9.45% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 17.4%
2 Monday: 16.8%
3 Tuesday: 16.1%
4 Thursday: 14.5%
5 Friday: 13.1%
6 Sunday: 12.6%
7 Saturday: 9.4%
Busy Days Report for New Brunswick Mortgages

Peak Hours for New Brunswick Mortgage Applications

Inquiries are received 24 hours a day via the Super Brokers web site. The information shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 12.9% of all mortgages are received before noon, while 56.3% 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: 3.2%
6AM 06:00 to 06:59: 5.9%
7AM 07:00 to 07:59: 5.5%
8AM 08:00 to 08:59: 6.8%
9AM 09:00 to 09:59: 7.0%
10AM 10:00 to 10:59: 6.1%
11AM 11:00 to 11:59: 6.8%
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: 6.0%
4PM 16:00 to 16:59: 5.7%
5PM 17:00 to 17:59: 7.0%
6PM 18:00 to 18:59: 6.1%
7PM 19:00 to 19:59: 5.3%
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: 834.4%
British Columbia: 411.7%
Manitoba: 79.3%
New Brunswick: 100.0%
Newfoundland and Labrador: 51.5%
Nova Scotia: 130.3%
Northwest Territories: 19.4%
Nunavut: 3.8%
Ontario: 1872.9%
Prince Edward Island: 20.1%
Quebec: 155.9%
Saskatchewan: 199.5%
Yukon: 18.7%

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
Loan
1MONCTON, NB 12.868% 34 $44,956 $33,780 $129,626
2SAINT JOHN, NB 11.499% 35 $45,265 $38,699 $123,327
3FREDERICTON, NB 11.225% 35 $45,508 $31,730 $123,045
4RIVERVIEW, NB 3.628% 36 $43,931 $32,922 $120,506
5MIRAMICHI, NB 3.354% 38 $39,755 $33,627 $93,573
6DIEPPE, NB 3.285% 32 $43,086 $34,915 $134,332
7OROMOCTO, NB 3.149% 32 $55,641 $37,987 $172,111
8BATHURST, NB 2.533% 38 $46,262 $21,700 $92,569
9WOODSTOCK, NB 1.574% 39 $46,565 $32,031 $98,071
10ROTHESAY, NB 1.300% 41 $65,673 $40,142 $144,283
11GRAND FALLS, NB 1.232% 34 $50,706 $39,838 $82,087
12ST STEPHEN, NB 1.164% 37 $38,381 $27,530 $72,749
13QUISPAMSIS, NB 1.164% 40 $55,612 $43,140 $152,946
14SHEDIAC, NB 1.027% 34 $45,035 $36,700 $119,437
15SUSSEX, NB 0.821% 37 $41,460 $15,833 $89,071
16EDMUNDSTON, NB 0.821% 33 $34,218 $40,500 $102,253
17LINCOLN, NB 0.753% 40 $54,672 $32,666 $189,916
18NOTRE-DAME, NB 0.753% 40 $41,048 $41,008 $155,000
19BERESFORD, NB 0.684% 37 $51,732 $29,580 $115,590
20MINTO, NB 0.616% 31 $63,000 $37,500 $72,442
21BOUCTOUCHE, NB 0.616% 47 $37,441 n/a $77,237
22CAMPBELLTON, NB 0.616% 40 $50,055 $35,333 $57,498
23DALHOUSIE, NB 0.548% 32 $41,375 $54,000 $102,250
24BLACKVILLE, NB 0.548% 36 $33,875 $18,250 $43,901
25SACKVILLE, NB 0.479% 36 $101,012 n/a $156,560
26BELLEDUNE, NB 0.479% 33 $36,666 $18,333 $56,666
27COCAGNE, NB 0.479% 37 $39,514 n/a $124,951
28CAP-PELE, NB 0.411% 35 $43,691 $28,666 $46,599
29NIGADOO, NB 0.411% 37 $37,000 n/a $101,665
30LAKEVILLE, NB 0.411% 30 $33,340 $19,666 $108,725
31GRAND BAY-WESTFIELD, NB 0.411% 35 $62,157 $53,000 $184,480
32ST ANDREWS, NB 0.411% 43 $50,112 n/a $105,166
33HANWELL, NB 0.342% 37 $63,582 $37,796 $136,082
34SALISBURY, NB 0.342% 42 $45,666 n/a $63,333
35PETITCODIAC, NB 0.342% 30 $32,010 $19,976 $106,380
36HILLSBOROUGH, NB 0.342% 43 $35,560 n/a $90,000
37REXTON, NB 0.342% 37 $28,300 n/a $114,500
38TRACADIE-SHEILA, NB 0.342% 39 $47,800 $29,000 $105,000
39NEW DENMARK, NB 0.342% 38 $38,511 $19,440 $59,250
40DOUGLAS, NB 0.342% 41 $50,944 n/a $99,000
41SUSSEX CORNER, NB 0.274% 33 $26,480 n/a $86,250
42GRAND MANAN, NB 0.274% 34 $36,600 n/a $66,750
43RICHIBUCTO, NB 0.274% 37 $68,700 n/a $61,666
44SAINT-QUENTIN, NB 0.274% 32 $72,500 n/a $185,000
45PERTH-ANDOVER, NB 0.274% 41 $54,666 n/a $80,000
46SAINT-SIMON, NB 0.274% 35 $30,250 $26,000 $125,000
47MCADAM, NB 0.274% 48 $32,934 $44,003 $112,066
48SAINT-LEONARD, NB 0.274% 37 $31,210 n/a $106,000
49KINGSTON, NB 0.205% 26 $31,666 n/a $91,500
50HARTLAND, NB 0.205% 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: 23.6%
First-time Home Buyer: 20.2%
New Home Purchase: 17.5%
No Money Down Mortgage (discontinued): 15.2%
Refinance / Debt Consolidation: 12.0%
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 information below represents the average income of applicants living in New Brunswick who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in New Brunswick: $46,079.54
applicants within all of Canada: $60,852.54
Difference: ($14,773.00)
  
mortgage co-applicants in New Brunswick: $32,932.38
co-applicants within all of Canada: $43,965.51
Difference: ($11,033.14)

Note: Commercial loan amounts were not included for this report, only residential mortgages from New Brunswick were used.

Last mortgage report update for New Brunswick: Friday, July 1, 2016
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