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Saint John Mortgage Information

Average Mortgage Loan in Saint John: $123,327

Busy Months for Mortgage Applications within Saint John

The bar graph below represents the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Saint John happen to occur during our first quarter (represented by the brown bars) with 28.57% while our slowest is the fourth quarter (represented by the red bars) with 17.26%.

Busy Months Report for Saint John Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 August: 12.5%
2 May: 11.9%
3 January: 11.3%
4 March: 11.3%
5 April: 8.9%
6 November: 8.3%
RankMonth Percentage of Applications
7 June: 7.7%
8 July: 7.1%
9 February: 6.0%
10 September: 6.0%
11 October: 4.8%
12 December: 4.2%

Busy Days for Online Applications within Saint John

The data below illustrates the busy days for mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Saint John the busiest day of the week, with 22.02% of all submissions, is Monday. In comparison, Thursday's are the slowest day with only 8.33% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 22.0%
2 Wednesday: 20.8%
3 Friday: 17.3%
4 Tuesday: 10.7%
5 Saturday: 10.7%
6 Sunday: 10.1%
7 Thursday: 8.3%
Busy Days Report for Saint John Mortgages

Peak Hours for Mortgage Applicants within Saint John

In Saint John, mortgages are received 24 hours a day via the Mortgage Super Brokers web site. The graph shown below represents the peak hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Saint John
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 1.2%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0.6%
4AM 04:00 to 04:59: 2.4%
5AM 05:00 to 05:59: 1.2%
6AM 06:00 to 06:59: 3.6%
7AM 07:00 to 07:59: 4.8%
8AM 08:00 to 08:59: 8.3%
9AM 09:00 to 09:59: 4.8%
10AM 10:00 to 10:59: 6.0%
11AM 11:00 to 11:59: 4.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.1%
1PM 13:00 to 13:59: 8.9%
2PM 14:00 to 14:59: 8.3%
3PM 15:00 to 15:59: 7.1%
4PM 16:00 to 16:59: 3.0%
5PM 17:00 to 17:59: 7.7%
6PM 18:00 to 18:59: 8.9%
7PM 19:00 to 19:59: 4.8%
8PM 20:00 to 20:59: 3.6%
9PM 21:00 to 21:59: 1.8%
10PM 22:00 to 22:59: 1.2%
11PM 23:00 to 23:59: 0%

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 Saint John Ranks in New Brunswick for Mortgage Business

The following table lists how Saint John 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%

Types of Mortgage Inquiries Received from Saint John


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 25.6%
No Money Down Mortgage (discontinued): 23.8%
Mortgage Pre-approval: 20.8%
New Home Purchase: 19.0%
Refinance / Debt Consolidation: 6.0%
Other: 4.8%
 
Total Application Types Found: 8

Age Demographics for Saint John Based Mortgages

Average age: 35
Oldest age: 64
Youngest age: 20


Incomes for Saint John Based Mortgages

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

Average annual gross income for
mortgage applicants in Saint John: $45,265.73
applicants within all of Canada: $60,852.54
Difference: ($15,586.81)
  
mortgage co-applicants in Saint John: $38,699.96
co-applicants within all of Canada: $43,965.51
Difference: ($5,265.55)

Note: Commercial loan amounts were not included for this section, only residential loans from Saint John, New Brunswick were used.


Last mortgage report update for Saint John: Friday, July 1, 2016
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