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Regina Mortgage Information

Average Mortgage Loan in Regina: $143,718

Busy Months for Mortgage Inquiries within Regina

The following bar graph shows the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Regina usually occur during our second quarter (represented by the green bars) with 32.56% while our slowest is the fourth quarter (represented by the red bars) with 16.68%.

Busy Months Report for Regina Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 May: 11.2%
2 June: 10.8%
3 April: 10.7%
4 August: 10.4%
5 July: 10.3%
6 March: 9.1%
RankMonth Percentage of Applications
7 September: 8.2%
8 January: 6.4%
9 February: 6.4%
10 October: 6.4%
11 November: 6.2%
12 December: 4.0%

Busy Days for Mortgage Inquiries within Regina

The data below plots the busy days for online mortgage applications that were received by Super Brokers. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Regina the busiest day of the week, with 18.99% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 8.74% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 19.0%
2 Tuesday: 18.7%
3 Wednesday: 16.3%
4 Thursday: 14.4%
5 Sunday: 11.6%
6 Friday: 11.4%
7 Saturday: 8.7%
Busy Days Report for Regina Mortgages

Top 10 Days for Regina Mortgage Inquiries


1 009 on Thursday, July 27, 2006.
2 007 on Sunday, April 30, 2006.
3 006 on Wednesday, May 10, 2006.
4 006 on Monday, May 1, 2006.
5 006 on Monday, August 28, 2006.
6 006 on Monday, April 24, 2006.
7 006 on Friday, August 4, 2006.
8 006 on Tuesday, August 8, 2006.
9 006 on Thursday, June 15, 2006.
10 006 on Wednesday, September 20, 2006.

Note: These records do not include e-mails, contact forms, faxes, phone-ins or walk-ins.

Peak Hours for Mortgage Applicants within Regina

Mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The report shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years. Only 25.8% of all mortgages are received before noon, while 70.6% arrive in the afternoon.


Peak Hours Graph for Mortgages in Regina
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.9%
1AM 01:00 to 01:59: 1.2%
2AM 02:00 to 02:59: 0.5%
3AM 03:00 to 03:59: 0.2%
4AM 04:00 to 04:59: 0.4%
5AM 05:00 to 05:59: 0.4%
6AM 06:00 to 06:59: 0.7%
7AM 07:00 to 07:59: 1.9%
8AM 08:00 to 08:59: 2.3%
9AM 09:00 to 09:59: 5.6%
10AM 10:00 to 10:59: 5.6%
11AM 11:00 to 11:59: 8.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.9%
1PM 13:00 to 13:59: 7.6%
2PM 14:00 to 14:59: 7.6%
3PM 15:00 to 15:59: 6.7%
4PM 16:00 to 16:59: 5.9%
5PM 17:00 to 17:59: 4.2%
6PM 18:00 to 18:59: 6.1%
7PM 19:00 to 19:59: 4.5%
8PM 20:00 to 20:59: 4.9%
9PM 21:00 to 21:59: 6.7%
10PM 22:00 to 22:59: 5.0%
11PM 23:00 to 23:59: 3.1%

Saskatchewan Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.18%
British Columbia: 10.35%
Manitoba: 2.00%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.48%
Nunavut: 0.09%
Ontario: 47.21%
Prince Edward Island: 0.50%
Quebec: 3.93%
Saskatchewan: 5.06%
Yukon: 0.47%

How Regina Ranks in Saskatchewan for Mortgage Business

The following table lists how Regina 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
1REGINA, SK 1.716%
2SASKATOON, SK 0.761%
3MOOSE JAW, SK 0.271%
4PRINCE ALBERT, SK 0.200%
5LLOYDMINSTER, SK 0.133%
6ESTEVAN, SK 0.091%

Types of Mortgage Inquiries Received from Regina


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 31.1%
First-time Home Buyer: 18.6%
No Money Down Mortgage (discontinued): 18.1%
New Home Purchase: 11.5%
Refinance / Debt Consolidation: 8.7%
Mortgage Renewal: 5.8%
Other: 6.2%
 
Total Application Types Found: 16

Age Demographics for Regina Mortgage Applicants

Average age: 34
Oldest age: 74
Youngest age: 19


Incomes for Regina Mortgage Applicants

The numbers below represent the average income of people living in Regina who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Regina: $49,158.67
applicants within all of Canada: $60,871.80
Difference: ($11,713.13)
  
mortgage co-applicants in Regina: $37,825.85
co-applicants within all of Canada: $44,075.54
Difference: ($6,249.69)

Note: Commercial loans were not included for this survey, only residential mortgages from Regina, Saskatchewan were used.


Last mortgage report update for Regina: Thursday, August 13, 2015
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