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New Glasgow Mortgage Information

Average Mortgage Loan in New Glasgow: $89,457

Busy Days for Mortgages Originating within New Glasgow

The bar graph below shows the busy days for Internet mortgage applications 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 New Glasgow, the day with the most volume, generating 24.00% of all submissions, is Tuesday. In comparison, Wednesday's are the slowest day with only 4.00% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 24.0%
2 Monday: 20.0%
3 Thursday: 20.0%
4 Sunday: 16.0%
5 Friday: 8.0%
6 Saturday: 8.0%
7 Wednesday: 4.0%
Busy Days Report for New Glasgow Mortgages

Peak Hours for Mortgage Applicants within New Glasgow

New Glasgow mortgage applications are received 24 hours a day on the Super Brokers' web site. The information shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in New Glasgow
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: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 12.0%
6AM 06:00 to 06:59: 8.0%
7AM 07:00 to 07:59: 16.0%
8AM 08:00 to 08:59: 4.0%
9AM 09:00 to 09:59: 4.0%
10AM 10:00 to 10:59: 8.0%
11AM 11:00 to 11:59: 8.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 0%
1PM 13:00 to 13:59: 8.0%
2PM 14:00 to 14:59: 4.0%
3PM 15:00 to 15:59: 0%
4PM 16:00 to 16:59: 8.0%
5PM 17:00 to 17:59: 4.0%
6PM 18:00 to 18:59: 4.0%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 8.0%
9PM 21:00 to 21:59: 4.0%
10PM 22:00 to 22:59: 0%
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 New Glasgow Ranks in Nova Scotia for Mortgage Business

The following table lists how New Glasgow 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
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%
16PICTOU, NS 0.041%
17NEW MINAS, NS 0.038%
18SYDNEY MINES, NS 0.033%
19ANTIGONISH, NS 0.033%

Types of Mortgage Inquiries Received from New Glasgow


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 36.0%
Mortgage Pre-approval: 32.0%
No Money Down Mortgage (discontinued): 20.0%
Other: 12%
 
Total Application Types Found: 6

Age Demographics for New Glasgow Originated Mortgages

Average age: 36
Oldest age: 58
Youngest age: 21


Incomes for New Glasgow Originated Mortgages

The figures below represent the average income of Canadians living in New Glasgow who have applied for a loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in New Glasgow: $40,850.50
applicants within all of Canada: $60,852.54
Difference: ($20,002.04)
  
mortgage co-applicants in New Glasgow: $24,571.73
co-applicants within all of Canada: $43,965.51
Difference: ($19,393.78)

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


Last mortgage report update for New Glasgow: Friday, July 1, 2016
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