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Dartmouth Mortgage Information

Average Mortgage Loan in Dartmouth: $151,148

Busy Months for Mortgages Received within Dartmouth

The bar graph below represents the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Dartmouth seem to occur during our first quarter (represented by the brown bars) with 30.34% while our slowest is the fourth quarter (represented by the red bars) with 19.66%.

Busy Months Report for Dartmouth Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 14.0%
2 February: 12.4%
3 March: 10.1%
4 May: 9.6%
5 September: 8.4%
6 November: 7.9%
RankMonth Percentage of Applications
7 January: 7.9%
8 October: 7.9%
9 July: 7.3%
10 August: 6.2%
11 June: 4.5%
12 December: 3.9%

Busy Days for Online Mortgages within Dartmouth

The information listed below shows the busy days for mortgage inquiries that were received by the Super Brokers web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Dartmouth, the day with the most volume, having more than 20.22% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 11.24% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 20.2%
2 Thursday: 16.3%
3 Tuesday: 15.2%
4 Friday: 13.5%
5 Monday: 11.8%
6 Sunday: 11.8%
7 Saturday: 11.2%
Busy Days Report for Dartmouth Mortgages

Peak Hours for Applicants within Dartmouth

Inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The report shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 34.8% of all mortgages are received during the morning, while 62.9% arrive in the afternoon.


Peak Hours Graph for Mortgages in Dartmouth
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.6%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0.6%
3AM 03:00 to 03:59: 1.1%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 2.2%
6AM 06:00 to 06:59: 5.1%
7AM 07:00 to 07:59: 6.2%
8AM 08:00 to 08:59: 2.2%
9AM 09:00 to 09:59: 4.5%
10AM 10:00 to 10:59: 4.5%
11AM 11:00 to 11:59: 10.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.3%
1PM 13:00 to 13:59: 8.4%
2PM 14:00 to 14:59: 4.5%
3PM 15:00 to 15:59: 4.5%
4PM 16:00 to 16:59: 7.9%
5PM 17:00 to 17:59: 9.6%
6PM 18:00 to 18:59: 7.3%
7PM 19:00 to 19:59: 3.9%
8PM 20:00 to 20:59: 4.5%
9PM 21:00 to 21:59: 2.2%
10PM 22:00 to 22:59: 1.1%
11PM 23:00 to 23:59: 1.7%

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 Dartmouth Ranks in Nova Scotia for Mortgage Business

The following table lists how Dartmouth 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
1HALIFAX, NS 0.436%
2DARTMOUTH, NS 0.308%
3SYDNEY, NS 0.190%
4TRURO, NS 0.169%
5LOWER SACKVILLE, NS 0.111%
6AMHERST, NS 0.109%
7YARMOUTH, NS 0.090%

Types of Mortgage Inquiries Received from Dartmouth


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 20.8%
Refinance / Debt Consolidation: 19.1%
Mortgage Pre-approval: 18.5%
Mortgage Renewal: 12.9%
First-time Home Buyer: 12.4%
No Money Down Mortgage (discontinued): 11.2%
Other: 5%
 
Total Application Types Found: 10

Age Demographics for Dartmouth Mortgage Applicants

Average age: 38
Oldest age: 81
Youngest age: 22


Incomes for Dartmouth Mortgage Applicants

The amounts below are the average income of applicants living in Dartmouth who have submitted a mortgage inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Dartmouth: $54,632.24
applicants within all of Canada: $60,852.54
Difference: ($6,220.30)
  
mortgage co-applicants in Dartmouth: $38,199.89
co-applicants within all of Canada: $43,965.51
Difference: ($5,765.62)

Note: Commercial Mortgages were not included for this section, only residential mortgages were used.


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