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Bridgewater Mortgage Information

Average Mortgage Loan in Bridgewater: $150,277

Busy Days for Mortgage Applications within Bridgewater

The graph below displays the busy days for online inquiries that were received by Super Brokers. A combined total of all occurrences of each day are represented for the past 5 years. In Bridgewater the most busy day of the week, with 29.03% of all applications, is Friday. In comparison, Sunday's are the slowest day with only 6.45% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Friday: 29.0%
2 Tuesday: 19.4%
3 Wednesday: 19.4%
4 Monday: 12.9%
5 Saturday: 12.9%
6 Sunday: 6.5%
Busy Days Report for Bridgewater Mortgages

Note: Only days that have had morgages from Bridgewater, NS are shown.

Peak Hours for Mortgage Applicants within Bridgewater

In Bridgewater, mortgage applications are received 24 hours a day via the Mortgage Super Brokers web site. The graph shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years. Only 41.9% of all mortgages are received before noon, while 54.8% arrive in the afternoon.


Peak Hours Graph for Mortgages in Bridgewater
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 3.2%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 3.2%
6AM 06:00 to 06:59: 9.7%
7AM 07:00 to 07:59: 6.5%
8AM 08:00 to 08:59: 6.5%
9AM 09:00 to 09:59: 6.5%
10AM 10:00 to 10:59: 0%
11AM 11:00 to 11:59: 9.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.2%
1PM 13:00 to 13:59: 3.2%
2PM 14:00 to 14:59: 9.7%
3PM 15:00 to 15:59: 9.7%
4PM 16:00 to 16:59: 9.7%
5PM 17:00 to 17:59: 6.5%
6PM 18:00 to 18:59: 3.2%
7PM 19:00 to 19:59: 3.2%
8PM 20:00 to 20:59: 3.2%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 3.2%
11PM 23:00 to 23:59: 0%

Nova Scotia Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
Yukon: 0.47%

How Bridgewater Ranks in Nova Scotia for Mortgage Business

The following table lists how Bridgewater 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
5LOWER SACKVILLE, NS 0.111%
6AMHERST, NS 0.109%
7YARMOUTH, NS 0.090%
8GLACE BAY, NS 0.071%
9KENTVILLE, NS 0.054%
10BRIDGEWATER, NS 0.054%
11BEDFORD, NS 0.047%
12WOLFVILLE, NS 0.045%
13NORTH SYDNEY, NS 0.045%
14NEW GLASGOW, NS 0.043%
15LIVERPOOL, NS 0.043%

Types of Mortgage Inquiries Received from Bridgewater


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 32.3%
First-time Home Buyer: 19.4%
New Home Purchase: 12.9%
No Money Down Mortgage (discontinued): 12.9%
Refinance / Debt Consolidation: 9.7%
Mortgage Renewal: 6.5%
Other: 6.4%
 
Total Application Types Found: 8

Age Demographics for Bridgewater Applicants

Average age: 34
Oldest age: 58
Youngest age: 20


Incomes for Bridgewater Applicants

The following figures show the average income of Canadians living in Bridgewater who have applied for a mortgage loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Bridgewater: $40,879.04
applicants within all of Canada: $60,852.54
Difference: ($19,973.51)
  
mortgage co-applicants in Bridgewater: $41,463.50
co-applicants within all of Canada: $43,965.51
Difference: ($2,502.01)

Note: Commercial Mortgage loans were not included for this report, only residential mortgage loan amounts were used.


Last mortgage report update for Bridgewater: Friday, July 1, 2016
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