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BC Mortgage #X028169, FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
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Regina Mortgage Information

Average Mortgage Loan in Regina: $142,734

Busy Months for Mortgage Inquiries within Regina

The following shows the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Regina occur during our second quarter (represented by the green bars) with 32.53% while our slowest is the fourth quarter (represented by the red bars) with 16.72%.

Busy Months Report for Regina Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 May: 11.2%
2 April: 10.7%
3 June: 10.7%
4 August: 10.4%
5 July: 10.2%
6 March: 9.1%
RankMonth Percentage of Applications
7 September: 8.3%
8 January: 6.5%
9 February: 6.5%
10 October: 6.5%
11 November: 6.2%
12 December: 4.0%

Busy Days for Mortgage Applications within Regina

The graph listed below displays the busy days for mortgage applications that were received by Super Brokers' web site. A combined total of all occurrences of each day are represented for the past 5 years. In Regina, the day with the most volume, generating 19.03% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.76% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 19.0%
2 Tuesday: 18.6%
3 Wednesday: 16.3%
4 Thursday: 14.4%
5 Sunday: 11.6%
6 Friday: 11.3%
7 Saturday: 8.8%
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

In Regina, mortgages are received 24 hours a day via the Super Brokers web site. The report shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 25.9% of all mortgages are received before noon, while 70.5% 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: 8.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.9%
1PM 13:00 to 13:59: 7.7%
2PM 14:00 to 14:59: 7.7%
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: 4.4%
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: 21.16%
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: 5.05%
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 1.721%
2SASKATOON, SK 0.756%
3MOOSE JAW, SK 0.267%
4PRINCE ALBERT, SK 0.201%
5LLOYDMINSTER, SK 0.133%
6ESTEVAN, SK 0.092%

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: 18.5%
No Money Down Mortgage (discontinued): 18.1%
New Home Purchase: 11.4%
Refinance / Debt Consolidation: 8.8%
Mortgage Renewal: 5.8%
Other: 6.2%
 
Total Application Types Found: 16

Age Demographics for Regina Originated Mortgages

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


Incomes for Regina Originated Mortgages

The following depicts the average income of applicants living in Regina who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Regina: $49,106.82
applicants within all of Canada: $60,841.69
Difference: ($11,734.86)
  
mortgage co-applicants in Regina: $37,683.37
co-applicants within all of Canada: $44,024.91
Difference: ($6,341.54)

Note: Commercial loan amounts were not included for this section, only home loans from Regina, Saskatchewan were used.


Last mortgage report update for Regina: Wednesday, May 20, 2015
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Prince Albert.

Mortgage Product Type Inquiries
First-time Home Buyer24.14%
Mortgage Pre-approval22.41%
No Money Down discontinued15.52%
New Purchase13.79%
Refinance/Consolidate Debt8.62%
Pre-approval4.31%
Mortgage Renewal4.31%
Other6.9%
 
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