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

Estevan Mortgage Information

Average Mortgage Loan in Estevan: $175,000

Busy Months for Applications within Estevan

The bar graph below illustrates the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Estevan happen to occur during our second quarter (represented by the green bars) with 39.62% while our slowest is the third quarter (represented by the blue bars) with 9.43%.

Busy Months Report for Estevan Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 17.0%
2 January: 15.1%
3 June: 13.2%
4 October: 11.3%
5 May: 9.4%
6 March: 9.4%
RankMonth Percentage of Applications
7 November: 7.5%
8 February: 7.5%
9 July: 3.8%
10 September: 3.8%
11 August: 1.9%
12 December: 0.9%

Busy Days for Applications within Estevan

The data below displays the busy days for online applications that were received by Super Brokers. Each day represents a combined total of all occurrences of that day in the past 5 years. In Estevan the busiest day, with 22.64% of all applications, is Wednesday. In comparison, Tuesday's are the slowest day with only 7.55% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 22.6%
2 Friday: 20.8%
3 Saturday: 13.2%
4 Thursday: 13.2%
5 Sunday: 13.2%
6 Monday: 9.4%
7 Tuesday: 7.5%
Busy Days Report for Estevan Mortgages

Peak Hours for Based Mortgages within Estevan

Mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The graph shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years.


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

Saskatchewan 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 Estevan Ranks in Saskatchewan for Mortgage Business

The following table lists how Estevan 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 1.718%
2SASKATOON, SK 0.749%
3MOOSE JAW, SK 0.266%
4PRINCE ALBERT, SK 0.197%
5LLOYDMINSTER, SK 0.135%
6ESTEVAN, SK 0.092%
7YORKTON, SK 0.086%
8NORTH BATTLEFORD, SK 0.080%
9WEYBURN, SK 0.080%
10MELVILLE, SK 0.048%
11SWIFT CURRENT, SK 0.045%

Types of Mortgage Inquiries Received from Estevan


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 26.4%
No Money Down Mortgage (discontinued): 20.8%
New Home Purchase: 17.0%
First-time Home Buyer: 11.3%
Refinance / Debt Consolidation: 7.5%
Mortgage Renewal: 5.7%
Other: 11.4%
 
Total Application Types Found: 10

Age Demographics for Estevan Mortgages

Average age: 33
Oldest age: 66
Youngest age: 23


Incomes for Estevan Mortgages

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

Average annual gross income for
mortgage applicants in Estevan: $58,431.90
applicants within all of Canada: $60,852.54
Difference: ($2,420.64)
  
mortgage co-applicants in Estevan: $40,042.90
co-applicants within all of Canada: $43,965.51
Difference: ($3,922.61)

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


Last mortgage report update for Estevan: Friday, July 1, 2016
Mortgage Quote - Apply
 
Rate Comparison Calculator
It can be hard to figure out exactly how much you can afford to spend on your home, but we're here to help. We have taken the time to redesign our top-rated mortgage calculator and made it easier to use than ever before. Compare rates, evaluate terms, and calculate multiple mortgages side-by-side.
Top Rated Mortgage Calculator
 
Great Mortgage Rates
You looking to find a low mortgage rate? Most of the time, getting the best rate for your mortgage is about who you go to more than your credit history. Shop the market using a mortgage broker and you won't be left paying high interest rates.
Best Mortgage Rates