Mortgage Stats and Info for Newfoundland, Canada

Busy Months

This graph depicts the volumes of applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Newfoundland seems to occur in March with 10.9% of applications, while our slowest is December with 3.7%.

JanFebMarAprMayJunJulAugSepOctNovDec0%3%6%9%12%
Busy Months for Mortgages in Newfoundland
March10.9%
May10.4%
July10.1%
June10.0%
April9.4%
August9.2%
January8.0%
September7.4%
February7.2%
October7.0%
November6.6%
December3.7%

Busy Days

The information below compares the busy days for Internet applications that were received by the Super Brokers web site. Each day is a representation of the combined 5-year total of all instances of that day. In Newfoundland the most busy day, with approximately 17.9% of all submissions, is Monday. In comparison, Sunday is the slowest day with only 10.9% of all inquiries.

MonTueWedThuFriSatSun0%5%10%15%20%
Busy Days for Mortgages in Newfoundland
Monday17.9%
Tuesday17.7%
Wednesday16.5%
Thursday14.1%
Saturday12.0%
Friday10.9%
Sunday10.9%

Peak Hours

Newfoundland mortgage applications are received 24 hours a day via the Super Brokers' web site. The report shown below represents the rush hours for mortgage applications in the day. 44.4% of all mortgages are received during the morning, while 55.6% arrive in the afternoon.

0%2%4%6%8%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in Newfoundland
Midnight - 1 AM3.2%
1 AM - 2 AM2.2%
2 AM - 3 AM0.9%
3 AM - 4 AM0.5%
4 AM - 5 AM0.3%
5 AM - 6 AM0.4%
6 AM - 7 AM0.7%
7 AM - 8 AM0.5%
8 AM - 9 AM1.6%
9 AM - 10 AM2.9%
10 AM - 11 AM5.1%
11 AM - Noon6.7%
Noon - 1 PM7.2%
1 PM - 2 PM7.0%
2 PM - 3 PM6.5%
3 PM - 4 PM5.5%
4 PM - 5 PM7.9%
5 PM - 6 PM5.7%
6 PM - 7 PM6.2%
7 PM - 8 PM5.9%
8 PM - 9 PM6.2%
9 PM - 10 PM7.8%
10 PM - 11 PM5.3%
11 PM - Midnight3.8%

Busy Seasons

The pie chart below depicts the peak seasons for mortgage applications received by Super Brokers. The busiest season for mortgages in Newfoundland generally occurs in Spring with 30.7% of applications, while the slow season is Winter with 19.0%.

19.0%30.7%29.4%20.9%
  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in Newfoundland
Winter19.0%
Spring30.7%
Summer29.4%
Autumn20.9%

Top Cities

See more Top Cities

Average
Rank#City/Town% of InquiriesAgeIncomeCo-IncomeLoan
1St. John's, NL0.265%37$53.7K$32.1K$120K
2Corner Brook, NL0.111%36$52.3K$33.2K$169K
3Mount Pearl, NL0.076%42$50.3K$32.3K$153K
4Conception Bay South, NL0.046%37$40.8K$24.5K$129K
5Paradise, NL0.043%35$69.1K$35.6K$148K
6Gander, NL0.038%35$46.2K$21.8K$109K
7Grand Falls-windsor, NL0.036%40$40.7K$33.6K$104K
8Portugal Cove–St. Philip's, NL0.032%38$61K$42.3K$103K
9Labrador City, NL0.022%36$67K$41.5K$147K
10Happy Valley-goose Bay, NL0.021%41$53.7K$38.3K$123K
11Goulds, NL0.019%32$43.7K$61.9K$106K
12Clarenville, NL0.017%32$51.5K$36.3K$163K
13Pasadena, NL0.017%40$53.7K$25.9K$195K
14Stephenville, NL0.016%39$47.1K$120K$128K
15Deer Lake, NL0.014%37$44.5K$37K$149K
16Carbonear, NL0.014%42$60.3K$10,000$116K
17Doyles, NL0.011%55$42.3K$35.5K$93.3K
18Holyrood, NL0.011%50$39.9K$60K$185K
19Torbay, NL0.011%40$38.4K$34.3K$90K
20North West River, NL-32$60.8K$39.1K$212K
21Spaniards Bay, NL-34$49.5K$17.3K$114K
22Botwood, NL-40$44.6K$15K$103K
23Marystown, NL-33$89.1K$2,000$220K
24Bishops Falls, NL-30$38.3K$4,000$84.9K
25Creston, NL-35$65.2K$36.7K$125K

Age Ranges for Mortgage Applicants

In Newfoundland, the median age for when home-buyers apply for a mortgage is 36. The youngest person to fill out a mortgage application online in Newfoundland was 18, whereas the oldest was 72 years young.

Newfoundland020406080Min Age: 18Median Age: 36Maximum Age: 72

Marital Status for Mortgage Applicants

When mortgage applicants in Newfoundland apply for a mortgage, they enter a marital status, and the most frequent status' they report are Married with 48.2%, Single with 28.1%, Common Law with 17.0%, Separated with 3.6%, Divorced with 3.0%, and Widowed with 0.1%.

Newfoundland0255075100

Mortgage Types

Of all of the mortgage applications in Newfoundland, the 5 most prominent mortgage application types are Qualification with 19.8%, Purchase with 18.3%, Refinance with 17.9%, No Money Down with 15.5%, and First-time Buyer with 14.9%.

  • Qualification
  • Purchase
  • Refinance
  • No Money Down
  • First-time Buyer
  • Other
Mortgage Inquiry Types for Mortgages in Newfoundland
Qualification19.8%
Purchase18.3%
Refinance17.9%
No Money Down15.5%
First-time Buyer14.9%
Other13.4%

Current Living Arrangement

When asked on an online mortgage application if they own or rent and where they reside, the folks of Newfoundland most frequently say: Rent with 43.2%, Own with 43.1%, and Live with parents with 8.0%.

Newfoundland0255075100
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