Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

North Sydney Mortgage Information

Average Mortgage Loan in North Sydney: $92,666

Busy Days for Online Applications within North Sydney

The information below displays the busy days for online 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 North Sydney, the day with the most volume, having more than 34.62% of all inquiries, is Sunday. In comparison, Tuesday's are the slowest day with only 11.54% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Sunday: 34.6%
2 Monday: 19.2%
3 Saturday: 19.2%
4 Wednesday: 15.4%
5 Tuesday: 11.5%
Busy Days Report for North Sydney Mortgages

Note: Only days that have had morgages from North Sydney, NS are shown.

Peak Hours for Mortgages within North Sydney

In North Sydney, mortgages are received 24 hours a day via our web site. The graph shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.

Peak Hours Graph for Mortgages in North Sydney
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: 3.8%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 11.5%
7AM 07:00 to 07:59: 7.7%
8AM 08:00 to 08:59: 3.8%
9AM 09:00 to 09:59: 0%
10AM 10:00 to 10:59: 3.8%
11AM 11:00 to 11:59: 3.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 11.5%
1PM 13:00 to 13:59: 0%
2PM 14:00 to 14:59: 3.8%
3PM 15:00 to 15:59: 3.8%
4PM 16:00 to 16:59: 0%
5PM 17:00 to 17:59: 7.7%
6PM 18:00 to 18:59: 15.4%
7PM 19:00 to 19:59: 7.7%
8PM 20:00 to 20:59: 3.8%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 11.5%

Nova Scotia 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 North Sydney Ranks in Nova Scotia for Mortgage Business

The following table lists how North Sydney 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
8GLACE BAY, NS 0.071%
11BEDFORD, NS 0.047%
12WOLFVILLE, NS 0.045%
14NEW GLASGOW, NS 0.043%
15LIVERPOOL, NS 0.043%
16PICTOU, NS 0.041%
17NEW MINAS, NS 0.038%

Types of Mortgage Inquiries Received from North Sydney

Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 30.8%
No Money Down Mortgage (discontinued): 23.1%
New Home Purchase: 19.2%
Mortgage Pre-approval: 19.2%
Other: 7.6%
Total Application Types Found: 6

Age Demographics for North Sydney Mortgages

Average age: 36
Oldest age: 45
Youngest age: 21

Incomes for North Sydney Mortgages

The information below represents the average income of Canadians living in North Sydney who have applied for a loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in North Sydney: $40,735.68
applicants within all of Canada: $60,852.54
Difference: ($20,116.86)
mortgage co-applicants in North Sydney: $39,062.09
co-applicants within all of Canada: $43,965.51
Difference: ($4,903.42)

Note: Commercial Mortgages were not included for this section, only residential mortgages from North Sydney, Nova Scotia were used.

Last mortgage report update for North Sydney: Friday, July 1, 2016
Mortgage Calculator
Compare Term Rates Using Our New Mortgage Calculator
The length of your mortgage term is often correlated with your interest rate. By and large, longer terms have higher rates and shorter terms have lower rates. With our mortgage calculator you can try out different mortgage terms and rates in order to see how they will affect the amount of interest you will end up paying in the long term.
New Mortgage Calculator with Rate Comparison
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Sydney.

Mortgage Product Type Inquiries
Mortgage Pre-approval36.36%
First-time Home Buyer18.18%
No Money Down discontinued15.45%
New Purchase13.64%
Refinance/Consolidate Debt9.09%