Mortgage Stats and Info for Northwest Territories, Canada
Busy Months
This bar graph depicts the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Northwest Territories generally occurs in August with 11.6% of applications, while our slowest is February with 5.0%.
| August | 11.6% |
| May | 11.3% |
| March | 10.9% |
| April | 10.9% |
| November | 8.9% |
| June | 8.6% |
| September | 7.6% |
| October | 7.6% |
| January | 7.0% |
| July | 5.3% |
| December | 5.3% |
| February | 5.0% |
Busy Days
The graph below compares the busy days for online 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 Northwest Territories the busiest day, with 17.9% of all submissions, is Monday. In comparison, Thursday is the slowest day with only 11.9% of all inquiries.
| Monday | 17.9% |
| Wednesday | 16.9% |
| Saturday | 14.2% |
| Tuesday | 13.6% |
| Sunday | 12.9% |
| Friday | 12.6% |
| Thursday | 11.9% |
Peak Hours
In Northwest Territories, applications are received 24 hours a day via our web site. The information shown below indicates the busy hours for mortgage inquiries in the day. 30.1% of all mortgages are received during the morning, while 69.9% arrive in the afternoon.
| Midnight - 1 AM | 4.6% |
| 1 AM - 2 AM | 1.7% |
| 2 AM - 3 AM | 0.7% |
| 3 AM - 4 AM | 0.7% |
| 4 AM - 5 AM | 0.3% |
| 5 AM - 6 AM | 0.3% |
| 6 AM - 7 AM | 0.3% |
| 7 AM - 8 AM | 0.3% |
| 8 AM - 9 AM | 3.0% |
| 9 AM - 10 AM | 4.6% |
| 10 AM - 11 AM | 6.3% |
| 11 AM - Noon | 7.3% |
| Noon - 1 PM | 7.9% |
| 1 PM - 2 PM | 8.9% |
| 2 PM - 3 PM | 6.3% |
| 3 PM - 4 PM | 7.6% |
| 4 PM - 5 PM | 6.6% |
| 5 PM - 6 PM | 5.3% |
| 6 PM - 7 PM | 2.3% |
| 7 PM - 8 PM | 3.0% |
| 8 PM - 9 PM | 6.3% |
| 9 PM - 10 PM | 6.0% |
| 10 PM - 11 PM | 5.0% |
| 11 PM - Midnight | 4.6% |
Busy Seasons
The information below represents the busy seasons for Internet mortgage application submissions received by Super Brokers. The busiest season for mortgages on properties in Northwest Territories happens to occur in Spring with 33.1% of total applications, while the slowest season is Winter with 17.2%.
- Winter
- Spring
- Summer
- Autumn
| Winter | 17.2% |
| Spring | 33.1% |
| Summer | 25.5% |
| Autumn | 24.2% |
Top Cities
| Average | |||||||
|---|---|---|---|---|---|---|---|
| Rank# | City/Town | % of Inquiries | Age | Income | Co-Income | Loan | |
| 1 | Yellowknife, NT | 0.328% | 36 | $80.3K | $63.3K | $248K | |
| 2 | Hay River, NT | 0.048% | 37 | $78.9K | $127K | $188K | |
| 3 | Inuvik, NT | 0.043% | 43 | $81.9K | $40.7K | $150K | |
| 4 | Fort Smith, NT | 0.019% | 43 | $89.3K | $50K | $107K | |
| 5 | Fort Simpson, NT | 0.011% | 38 | $82.7K | $49K | $268K | |
| 6 | Behchoko, NT | - | 41 | $95.5K | $59.3K | $129K | |
| 7 | Whati, NT | - | 34 | $39.8K | $37.5K | - | |
| 8 | Norman Wells, NT | - | 48 | $121K | $12K | $226K | |
| 9 | Tuktoyaktuk, NT | - | 25 | $53.3K | $1,250 | - | |
| 10 | Fort Mcpherson, NT | - | 48 | $90K | - | - | |
| 11 | Tsiigehtchic, NT | - | 62 | $50K | - | $58K | |
| 12 | Tulita, NT | - | 47 | $73.7K | - | $129K | |
Age Ranges for Mortgage Applicants
In Northwest Territories, the median age for when residents apply for a mortgage loan is 35. The youngest to apply for a mortgage with SuperBrokers in Northwest Territories was 20, inversely the most aged was 67 years young.
Marital Status for Mortgage Applicants
When mortgage applicants in Northwest Territories apply for a mortgage with Super Brokers, they enter a marital status, and the most common status' they report are Married with 47.7%, Single with 29.1%, Common Law with 18.5%, Separated with 2.6%, Divorced with 1.7%, and Widowed with 0.3%.
Mortgage Types
Of all of the mortgages in Northwest Territories, the 4 most common types are Purchase with 26.2%, Qualification with 21.9%, First-time Buyer with 20.2%, and No Money Down with 13.2%.
- Purchase
- Qualification
- First-time Buyer
- Other
- No Money Down
| Purchase | 26.2% |
| Qualification | 21.9% |
| First-time Buyer | 20.2% |
| Other | 18.5% |
| No Money Down | 13.2% |
Current Living Arrangement
When asked on an online mortgage application if they own or rent and where they currently live, the people of Northwest Territories frequently say: Rent with 62.9%, Own with 28.8%, and Live with parents with 1.3%.
