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Lower Sackville Mortgage Information

Average Mortgage Loan in Lower Sackville: $142,307

Busy Months for Online Applications within Lower Sackville

The bar graph below depicts the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Lower Sackville occur during our first quarter (represented by the brown bars) with 32.81% while our slowest is the fourth quarter (represented by the red bars) with 20.31%.

Busy Months Report for Lower Sackville Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 November: 12.5%
2 March: 12.5%
3 August: 12.5%
4 February: 10.9%
5 January: 9.4%
6 May: 9.4%
RankMonth Percentage of Applications
7 July: 7.8%
8 June: 6.3%
9 September: 6.3%
10 April: 4.7%
11 October: 4.7%
12 December: 3.1%

Busy Days for Online Applications within Lower Sackville

The graph listed below compares the busy days for online inquiries that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Lower Sackville the busiest day, with 20.31% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 10.94% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 20.3%
2 Friday: 18.8%
3 Tuesday: 14.1%
4 Thursday: 14.1%
5 Wednesday: 10.9%
6 Sunday: 10.9%
7 Saturday: 10.9%
Busy Days Report for Lower Sackville Mortgages

Peak Hours for Mortgages within Lower Sackville

Applications are received 24 hours a day via the Super Brokers web site. The following indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 45.3% of all mortgages are received during the morning, while 53.1% arrive in the afternoon.


Peak Hours Graph for Mortgages in Lower Sackville
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 1.6%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 4.7%
6AM 06:00 to 06:59: 7.8%
7AM 07:00 to 07:59: 4.7%
8AM 08:00 to 08:59: 10.9%
9AM 09:00 to 09:59: 7.8%
10AM 10:00 to 10:59: 6.3%
11AM 11:00 to 11:59: 3.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.8%
1PM 13:00 to 13:59: 4.7%
2PM 14:00 to 14:59: 6.3%
3PM 15:00 to 15:59: 3.1%
4PM 16:00 to 16:59: 3.1%
5PM 17:00 to 17:59: 12.5%
6PM 18:00 to 18:59: 7.8%
7PM 19:00 to 19:59: 3.1%
8PM 20:00 to 20:59: 1.6%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 3.1%

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 Lower Sackville Ranks in Nova Scotia for Mortgage Business

The following table lists how Lower Sackville 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%
8GLACE BAY, NS 0.071%
9KENTVILLE, NS 0.054%
10BRIDGEWATER, NS 0.054%

Types of Mortgage Inquiries Received from Lower Sackville


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 26.6%
Mortgage Pre-approval: 18.8%
Refinance / Debt Consolidation: 18.8%
New Home Purchase: 14.1%
No Money Down Mortgage (discontinued): 9.4%
Mortgage Renewal: 4.7%
Other: 7.9%
 
Total Application Types Found: 10

Age Demographics for Lower Sackville Originated Mortgages

Average age: 36
Oldest age: 53
Youngest age: 21


Incomes for Lower Sackville Originated Mortgages

The amounts shown below represent the average income of people living in Lower Sackville who have applied for a home loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Lower Sackville: $47,006.95
applicants within all of Canada: $60,852.54
Difference: ($13,845.59)
  
mortgage co-applicants in Lower Sackville: $38,810.16
co-applicants within all of Canada: $43,965.51
Difference: ($5,155.35)

Note: Commercial Mortgage loans were not included for this survey, only home loans were used.


Last mortgage report update for Lower Sackville: Friday, July 1, 2016
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