Halifax Mortgage Information
Average Mortgage Loan in Halifax: $178,596Busy Months for Mortgage Inquiries within Halifax
The bar graph below illustrates the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Halifax occur during our first quarter (represented by the brown bars) with 29.76% while our slowest is the fourth quarter (represented by the red bars) with 19.44%.

Rankings for Busy Mortgage Months
Rank | Month | Percentage of Applications | |
---|---|---|---|
1 | January: | 15.5% | |
2 | August: | 9.9% | |
3 | September: | 9.1% | |
4 | May: | 8.7% | |
5 | July: | 8.7% | |
6 | October: | 8.7% |
Rank | Month | Percentage of Applications | |
---|---|---|---|
7 | March: | 8.3% | |
8 | April: | 7.5% | |
9 | June: | 6.8% | |
10 | November: | 6.3% | |
11 | February: | 6.0% | |
12 | December: | 4.4% |
Busy Days for Mortgage Applications within Halifax
The bar graph listed below displays the busy days for online mortgage applications that were received by Super Brokers. A combined total of all occurrences of each day are represented for the past 5 years. In Halifax, the day with the most volume, having more than 17.06% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 8.73% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|---|---|
1 | Tuesday: | 17.1% |
2 | Monday: | 16.3% |
3 | Thursday: | 15.1% |
4 | Wednesday: | 14.7% |
5 | Sunday: | 14.7% |
6 | Friday: | 13.5% |
7 | Saturday: | 8.7% |

Peak Hours for Mortgage Applicants within Halifax
In Halifax, inquiries are received 24 hours a day via the Mortgage Super Brokers web site. The following represents the peak hours within a 24-hour period. The data is taken from all days of all years. Only 37.7% of all mortgages are received during the morning, while 59.1% arrive in the afternoon.

Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
12AM | 00:00 to 00:59: | 0% |
1AM | 01:00 to 01:59: | 0.4% |
2AM | 02:00 to 02:59: | 0% |
3AM | 03:00 to 03:59: | 1.6% |
4AM | 04:00 to 04:59: | 1.2% |
5AM | 05:00 to 05:59: | 2.0% |
6AM | 06:00 to 06:59: | 2.0% |
7AM | 07:00 to 07:59: | 5.6% |
8AM | 08:00 to 08:59: | 8.3% |
9AM | 09:00 to 09:59: | 7.9% |
10AM | 10:00 to 10:59: | 7.5% |
11AM | 11:00 to 11:59: | 4.4% |
Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
Lunch | 12:00 to 12:59: | 7.1% |
1PM | 13:00 to 13:59: | 5.2% |
2PM | 14:00 to 14:59: | 5.6% |
3PM | 15:00 to 15:59: | 4.4% |
4PM | 16:00 to 16:59: | 6.7% |
5PM | 17:00 to 17:59: | 10.7% |
6PM | 18:00 to 18:59: | 7.5% |
7PM | 19:00 to 19:59: | 4.0% |
8PM | 20:00 to 20:59: | 2.8% |
9PM | 21:00 to 21:59: | 3.6% |
10PM | 22:00 to 22:59: | 0.8% |
11PM | 23:00 to 23:59: | 0.8% |
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 Halifax Ranks in Nova Scotia for Mortgage Business
The following table lists how Halifax 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.
Rank | Location | Contribution |
---|---|---|
1 | HALIFAX, NS | 0.436% |
2 | DARTMOUTH, NS | 0.308% |
3 | SYDNEY, NS | 0.190% |
4 | TRURO, NS | 0.169% |
5 | LOWER SACKVILLE, NS | 0.111% |
6 | AMHERST, NS | 0.109% |
Types of Mortgage Inquiries Received from Halifax
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Mortgage Pre-approval: | 26.2% | |
First-time Home Buyer: | 21.0% | |
New Home Purchase: | 15.9% | |
No Money Down Mortgage (discontinued): | 14.7% | |
Mortgage Renewal: | 8.7% | |
Refinance / Debt Consolidation: | 7.1% | |
Other: | 6.4% | |
Total Application Types Found: 13 |
Age Demographics for Halifax Originated Mortgages
Average age: 35
Oldest age: 66
Youngest age: 20
Incomes for Halifax Originated Mortgages
The following figures show the average income of people living in Halifax who have applied for a loan using the online application located at the Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Halifax: | $53,111.54 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($7,741.00) |
mortgage co-applicants in Halifax: | $40,820.93 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | ($3,144.58) |