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Busy Months for Mortgages Received within Montreal

The 6-year bar graph below displays the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Montreal mostly occur during our first quarter (represented by the brown bars) with 34.62% while our slowest is the fourth quarter (represented by the red bars) with 18.38%.

Busy Months Report for Montreal Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 13.3%
2 January: 11.3%
3 April: 10.9%
4 February: 10.0%
5 May: 9.2%
6 November: 7.7%
RankMonth Percentage of Applications
7 June: 7.3%
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 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 Montreal the busiest day, with 22.65% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.97% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 22.6%
2: Thursday: 17.5%
3: Tuesday: 14.3%
4: Friday: 14.1%
5: Wednesday: 12.4%
6: Sunday: 10.0%
7: Saturday: 9.0%
Busy Days Report for Montreal Mortgages

Peak Hours for Originated Mortgages within Montreal

Applications are received 24 hours a day on the Mortgage Super Brokers web site. The report shown below represents the busy hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Montreal
TimePeriod (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: 2.1%
7AM 07:00 to 07:59: 4.7%
8AM 08:00 to 08:59: 6.2%
9AM 09:00 to 09:59: 7.3%
10AM 10:00 to 10:59: 6.6%
11AM 11:00 to 11:59: 7.3%
TimePeriod (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: 7.3%
3PM 15:00 to 15:59: 5.8%
4PM 16:00 to 16:59: 2.8%
5PM 17:00 to 17:59: 3.0%
6PM 18:00 to 18:59: 7.1%
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


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 21.15%
British Columbia: 10.37%
Manitoba: 1.99%
New Brunswick: 2.51%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.28%
Prince Edward Island: 0.50%
Quebec: 3.94%
Saskatchewan: 5.06%
Yukon: 0.47%

Current City Standing within Quebec

RankLocation Contribution
1:MONTREAL, QC 0.812%
2:GATINEAU, QC 0.446%
3:LAVAL, QC 0.210%
4:DOLLARD-DES-ORMEAUX, QC 0.113%
5:PIERREFONDS, QC 0.101%
6:BROSSARD, QC 0.099%


Age Demographics for Montreal Mortgage Applicants

Average age: 38
Oldest age: 78
Youngest age: 21


Incomes for Montreal Mortgage Applicants

The amounts below are the average income of applicants living in Montreal who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Montreal: $65,491.13
applicants within all of Canada: $60,836.57
Difference: $4,654.56
  
mortgage co-applicants in Montreal: $46,779.22
co-applicants within all of Canada: $44,026.21
Difference: $2,753.01

Note: Commercial Mortgage loans were not included for this section, only residential mortgages were used.

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