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Riverview Mortgage Information

Average Mortgage Loan in Riverview: $120,506

Busy Months for Mortgages Received within Riverview

This graph shows the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Riverview seem to occur during our second quarter (represented by the green bars) with 33.96% while our slowest is the fourth quarter (represented by the red bars) with 9.43%.

Busy Months Report for Riverview Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 July: 18.9%
2 May: 15.1%
3 June: 13.2%
4 February: 11.3%
5 September: 11.3%
6 January: 7.5%
RankMonth Percentage of Applications
7 April: 5.7%
8 October: 5.7%
9 November: 3.8%
10 August: 3.8%
11 March: 3.8%
12 December: 0.9%

Busy Days for Applications within Riverview

The information listed below shows the busy days for mortgage inquiries that were received by Super Brokers. Each day is a representation of the combined 6-year total of all instances of that day. In Riverview the busiest day, with 20.75% of all submissions, is Tuesday. In comparison, Wednesday's are the slowest day with only 9.43% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 20.8%
2 Thursday: 18.9%
3 Monday: 17.0%
4 Sunday: 13.2%
5 Saturday: 11.3%
6 Friday: 9.4%
7 Wednesday: 9.4%
Busy Days Report for Riverview Mortgages

Peak Hours for Originated Mortgages within Riverview

Inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The time periods below represents the rush hours over a 24-hour period. The data is taken from all days of all years. Only 43.4% of all mortgages are received before noon, while 56.6% arrive in the afternoon.


Peak Hours Graph for Mortgages in Riverview
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 5.7%
7AM 07:00 to 07:59: 7.5%
8AM 08:00 to 08:59: 9.4%
9AM 09:00 to 09:59: 7.5%
10AM 10:00 to 10:59: 3.8%
11AM 11:00 to 11:59: 9.4%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 13.2%
1PM 13:00 to 13:59: 7.5%
2PM 14:00 to 14:59: 1.9%
3PM 15:00 to 15:59: 3.8%
4PM 16:00 to 16:59: 3.8%
5PM 17:00 to 17:59: 3.8%
6PM 18:00 to 18:59: 5.7%
7PM 19:00 to 19:59: 3.8%
8PM 20:00 to 20:59: 5.7%
9PM 21:00 to 21:59: 1.9%
10PM 22:00 to 22:59: 3.8%
11PM 23:00 to 23:59: 1.9%

New Brunswick 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 Riverview Ranks in New Brunswick for Mortgage Business

The following table lists how Riverview 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
1MONCTON, NB 0.325%
2SAINT JOHN, NB 0.290%
3FREDERICTON, NB 0.284%
4RIVERVIEW, NB 0.092%
5MIRAMICHI, NB 0.085%
6DIEPPE, NB 0.083%
7OROMOCTO, NB 0.080%
8BATHURST, NB 0.064%
9WOODSTOCK, NB 0.040%

Types of Mortgage Inquiries Received from Riverview


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 26.4%
New Home Purchase: 22.6%
No Money Down Mortgage (discontinued): 17.0%
Refinance / Debt Consolidation: 11.3%
First-time Home Buyer: 9.4%
Commercial: 5.7%
Other: 7.6%
 
Total Application Types Found: 10

Age Demographics for Riverview Mortgages

Average age: 36
Oldest age: 68
Youngest age: 23


Incomes for Riverview Mortgages

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

Average annual gross income for
mortgage applicants in Riverview: $43,931.34
applicants within all of Canada: $60,852.54
Difference: ($16,921.20)
  
mortgage co-applicants in Riverview: $32,922.83
co-applicants within all of Canada: $43,965.51
Difference: ($11,042.69)

Note: Commercial Mortgages were not included for this survey, only residential loans amounts from Riverview, New Brunswick were used.


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