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Quebec Mortgage Information

Busy Months for Mortgages in Quebec

This graph depicts the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages occur during our first quarter (represented by the brown bars) with 33.67% while our slowest is the fourth quarter (represented by the red bars) with 19.45%.

Busy Months Report for Quebec Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 11.6%
2 January: 11.2%
3 February: 10.9%
4 April: 10.5%
5 May: 9.6%
6 November: 7.8%
RankMonth Percentage of Applications
7 June: 7.1%
8 October: 7.0%
9 August: 6.8%
10 September: 6.5%
11 July: 6.4%
12 December: 4.7%

Busy Days for Mortgages in Quebec

The bar graph below plots the busy days for Internet mortgage applications that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Quebec the most busy day of the week, with 18.92% of all submissions, is Monday. In comparison, Sunday's are the slowest day with only 8.96% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 18.9%
2 Tuesday: 18.4%
3 Wednesday: 16.0%
4 Thursday: 15.8%
5 Friday: 12.4%
6 Saturday: 9.5%
7 Sunday: 9.0%
Busy Days Report for Quebec Mortgages

Peak Hours for Quebec Mortgage Applications

Quebec mortgage applications are received 24 hours a day via the Super Brokers' web site. The information shown below indicates the peak hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Quebec
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.2%
1AM 01:00 to 01:59: 0.5%
2AM 02:00 to 02:59: 0.3%
3AM 03:00 to 03:59: 0.6%
4AM 04:00 to 04:59: 0.6%
5AM 05:00 to 05:59: 1.3%
6AM 06:00 to 06:59: 3.4%
7AM 07:00 to 07:59: 5.4%
8AM 08:00 to 08:59: 7.3%
9AM 09:00 to 09:59: 6.8%
10AM 10:00 to 10:59: 8.2%
11AM 11:00 to 11:59: 7.2%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.2%
1PM 13:00 to 13:59: 7.5%
2PM 14:00 to 14:59: 5.5%
3PM 15:00 to 15:59: 5.3%
4PM 16:00 to 16:59: 4.2%
5PM 17:00 to 17:59: 4.6%
6PM 18:00 to 18:59: 6.0%
7PM 19:00 to 19:59: 4.7%
8PM 20:00 to 20:59: 4.9%
9PM 21:00 to 21:59: 3.7%
10PM 22:00 to 22:59: 2.2%
11PM 23:00 to 23:59: 1.4%

Quebec Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage in Comparison
Alberta: 535.1%
British Columbia: 264.0%
Manitoba: 50.9%
New Brunswick: 64.1%
Newfoundland and Labrador: 33.1%
Nova Scotia: 83.6%
Northwest Territories: 12.4%
Nunavut: 2.5%
Ontario: 1201.2%
Prince Edward Island: 12.9%
Quebec: 100.0%
Saskatchewan: 127.9%
Yukon: 12.0%

Top Producing Cities / Towns for Mortgages in Quebec

Rank City or Town within
Quebec
Percentage
of Inquiries
Avg
Age
Average
Income
Average
Co-Income
Average
Loan
1MONTREAL, QC 20.588% 38 $65,519 $46,562 $229,945
2GATINEAU, QC 11.326% 38 $60,567 $44,420 $172,935
3LAVAL, QC 5.399% 40 $63,676 $42,766 $180,069
4DOLLARD-DES-ORMEAUX, QC 2.853% 40 $59,637 $44,881 $192,404
5PIERREFONDS, QC 2.546% 41 $56,242 $43,796 $176,293
6BROSSARD, QC 2.502% 41 $57,778 $40,209 $189,307
7LASALLE, QC 2.371% 38 $61,722 $36,633 $193,079
8QUEBEC CITY, QC 1.800% 39 $67,228 $66,656 $191,742
9SAINT-LAURENT, QC 1.756% 43 $62,264 $47,981 $206,374
10LONGUEUIL, QC 1.449% 42 $65,841 $35,961 $238,538
11POINTE-CLAIRE, QC 1.405% 43 $67,614 $41,500 $181,010
12SHERBROOKE, QC 1.317% 37 $54,360 $29,340 $182,892
13VERDUN, QC 1.229% 33 $50,827 $31,000 $204,516
14CHATEAUGUAY, QC 1.185% 39 $52,612 $41,409 $158,650
15SAINT-LEONARD, QC 1.097% 41 $54,630 $72,978 $253,642
16LACHINE, QC 0.878% 34 $48,615 $38,812 $185,888
17KIRKLAND, QC 0.790% 41 $71,311 $53,857 $214,000
18SAINT-HUBERT, QC 0.790% 43 $82,548 $51,744 $170,778
19SAINT-LAZARE, QC 0.746% 44 $80,705 $55,777 $165,817
20BEACONSFIELD, QC 0.746% 41 $103,467 $56,666 $282,066
21DORVAL, QC 0.702% 45 $69,718 $34,771 $187,081
22GREENFIELD PARK, QC 0.658% 38 $50,850 $23,822 $147,261
23COTE SAINT-LUC, QC 0.658% 41 $56,347 $32,638 $264,148
24VAUDREUIL-DORION, QC 0.615% 41 $60,864 $73,687 $244,398
25CHELSEA, QC 0.615% 44 $74,000 $83,333 $197,279
26BLAINVILLE, QC 0.615% 39 $77,028 $31,983 $173,000
27HULL, QC 0.571% 35 $54,038 $29,668 $132,798
28AYLMER, QC 0.571% 36 $62,346 $40,575 $129,915
29DEUX-MONTAGNES, QC 0.571% 37 $45,720 $39,077 $178,600
30PINCOURT, QC 0.483% 42 $55,924 $26,666 $116,800
31OUTREMONT, QC 0.483% 39 $76,651 $55,750 $213,463
32SAINT-JEAN-SUR-RICHELIEU, QC 0.483% 37 $86,800 $59,600 $189,900
33CHAMBLY, QC 0.483% 33 $82,587 $24,750 $237,833
34L'ILE-BIZARD, QC 0.483% 44 $59,577 $49,000 $226,972
35WESTMOUNT, QC 0.395% 40 $70,343 $55,000 $357,875
36SAINT-JEROME, QC 0.395% 48 $59,191 n/a $111,184
37LEVIS, QC 0.351% 41 $66,142 $48,000 $261,183
38TERREBONNE, QC 0.351% 44 $42,826 $52,896 $124,054
39SAINT-EUSTACHE, QC 0.351% 41 $60,228 $37,300 $140,774
40MONT-ROYAL, QC 0.351% 47 $109,142 $63,250 $316,500
41SAINT-NICOLAS, QC 0.351% 38 $81,125 $23,400 $112,500
42MIRABEL, QC 0.351% 38 $54,850 $41,750 $168,937
43SAINTE-ANNE-DE-BELLEVUE, QC 0.307% 38 $60,894 n/a $161,428
44SAINT-LAMBERT, QC 0.307% 39 $89,083 n/a $403,750
45VAUDREUIL, QC 0.307% 41 $57,331 n/a $167,142
46SAINT-SAUVEUR, QC 0.307% 37 $87,857 $60,800 $165,616
47L'ILE-PERROT, QC 0.307% 42 $73,210 $41,316 $125,000
48REPENTIGNY, QC 0.307% 37 $62,571 n/a $206,000
49TROIS-RIVIERES, QC 0.307% 34 $64,237 $50,542 $103,214
50TEMISCAMING, QC 0.307% 28 $56,785 n/a $54,400

Types of Mortgage Inquiries Received from Quebec


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 17.5%
Refinance / Debt Consolidation: 14.7%
First-time Home Buyer: 14.6%
Mortgage Renewal: 14.0%
New Home Purchase: 10.8%
No Money Down Mortgage (discontinued): 10.0%
Pre-approval: 9.5%
Other: 8.8%
 
Total Application Types Found: 23

Age Demographics for Quebec Mortgage Inquiries

Average age: 40
Oldest age: 83
Youngest age: 19


Incomes for Quebec Mortgage Inquiries

The numbers below represent the average income of Canadians living in Quebec who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Quebec: $61,546.65
applicants within all of Canada: $60,852.54
Difference: $694.10
  
mortgage co-applicants in Quebec: $45,416.09
co-applicants within all of Canada: $43,965.51
Difference: $1,450.58

Note: Commercial loans were not included for this report, only residential loans were used.

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