Montreal Mortgage Information
Average Mortgage Loan in Montreal: $229,945Busy Months for Online Applications within Montreal
The 6-year bar graph below represents the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Montreal usually occur during our first quarter (represented by the brown bars) with 34.54% while our slowest is the fourth quarter (represented by the red bars) with 18.34%.

Rankings for Busy Mortgage Months
Rank | Month | Percentage of Applications | |
---|---|---|---|
1 | March: | 13.7% | |
2 | January: | 10.9% | |
3 | April: | 10.9% | |
4 | February: | 10.0% | |
5 | May: | 9.2% | |
6 | November: | 7.7% |
Rank | Month | Percentage of Applications | |
---|---|---|---|
7 | June: | 7.5% | |
8 | September: | 6.8% | |
9 | July: | 6.6% | |
10 | August: | 6.2% | |
11 | October: | 6.2% | |
12 | December: | 4.5% |
Busy Days for Mortgages Received within Montreal
The graph listed below plots the busy days for Internet 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 Montreal the busiest day, with approximately 22.60% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 9.17% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|---|---|
1 | Monday: | 22.6% |
2 | Thursday: | 17.3% |
3 | Tuesday: | 14.3% |
4 | Friday: | 14.3% |
5 | Wednesday: | 12.4% |
6 | Sunday: | 10.0% |
7 | Saturday: | 9.2% |

Peak Hours for Based Mortgages within Montreal
Mortgage inquiries are received 24 hours a day on the Super Brokers web site. The following represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 36.0% of all mortgages are received during the morning, while 60.8% arrive in the afternoon.

Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
12AM | 00:00 to 00:59: | 1.5% |
1AM | 01:00 to 01:59: | 0.6% |
2AM | 02:00 to 02:59: | 0.6% |
3AM | 03:00 to 03:59: | 0.4% |
4AM | 04:00 to 04:59: | 0.4% |
5AM | 05:00 to 05:59: | 1.3% |
6AM | 06:00 to 06:59: | 2.3% |
7AM | 07:00 to 07:59: | 4.5% |
8AM | 08:00 to 08:59: | 6.4% |
9AM | 09:00 to 09:59: | 7.2% |
10AM | 10:00 to 10:59: | 6.6% |
11AM | 11:00 to 11:59: | 7.2% |
Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
Lunch | 12:00 to 12:59: | 7.5% |
1PM | 13:00 to 13:59: | 7.5% |
2PM | 14:00 to 14:59: | 7.0% |
3PM | 15:00 to 15:59: | 6.0% |
4PM | 16:00 to 16:59: | 2.8% |
5PM | 17:00 to 17:59: | 3.0% |
6PM | 18:00 to 18:59: | 7.0% |
7PM | 19:00 to 19:59: | 4.9% |
8PM | 20:00 to 20:59: | 6.0% |
9PM | 21:00 to 21:59: | 4.5% |
10PM | 22:00 to 22:59: | 2.6% |
11PM | 23:00 to 23:59: | 2.1% |
Quebec 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 Montreal Ranks in Quebec for Mortgage Business
The following table lists how Montreal 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 | MONTREAL, QC | 0.811% |
2 | GATINEAU, QC | 0.446% |
3 | LAVAL, QC | 0.213% |
4 | DOLLARD-DES-ORMEAUX, QC | 0.112% |
5 | PIERREFONDS, QC | 0.100% |
6 | BROSSARD, QC | 0.099% |
Types of Mortgage Inquiries Received from Montreal
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
First-time Home Buyer: | 22.4% | |
Mortgage Pre-approval: | 20.0% | |
Mortgage Renewal: | 13.0% | |
No Money Down Mortgage (discontinued): | 12.4% | |
New Home Purchase: | 9.8% | |
Pre-approval: | 8.3% | |
Refinance / Debt Consolidation: | 6.4% | |
Other: | 7.5% | |
Total Application Types Found: 15 |
Age Demographics for Montreal Mortgage Applicants
Average age: 38
Oldest age: 78
Youngest age: 21
Incomes for Montreal Mortgage Applicants
The following depicts the average income of people living in Montreal who have submitted a mortgage inquiry using the pre-approval application on Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Montreal: | $65,519.12 |
applicants within all of Canada: | $60,852.54 |
Difference: | $4,666.57 |
mortgage co-applicants in Montreal: | $46,562.07 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | $2,596.56 |