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Airdrie Mortgage Information

Average Mortgage Loan in Airdrie: $240,783

Busy Months for Applications within Airdrie

The following shows the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Airdrie happen to occur during our second quarter (represented by the green bars) with 28.07% while our slowest is the fourth quarter (represented by the red bars) with 18.71%.

Busy Months Report for Airdrie Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 12.3%
2 September: 10.5%
3 January: 9.9%
4 August: 9.9%
5 March: 9.4%
6 April: 8.8%
RankMonth Percentage of Applications
7 October: 8.8%
8 May: 7.0%
9 July: 7.0%
10 February: 6.4%
11 November: 5.3%
12 December: 4.7%

Busy Days for Online Applications within Airdrie

The bar graph below shows the busy days for online inquiries that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Airdrie the busiest day, with 19.30% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 5.85% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 19.3%
2 Wednesday: 17.0%
3 Thursday: 15.8%
4 Monday: 15.2%
5 Friday: 14.6%
6 Sunday: 12.3%
7 Saturday: 5.8%
Busy Days Report for Airdrie Mortgages

Peak Hours for Mortgage Applicants within Airdrie

In Airdrie, applications are received 24 hours a day via the Super Brokers' web site. The information shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Airdrie
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.2%
1AM 01:00 to 01:59: 1.8%
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: 0.6%
6AM 06:00 to 06:59: 0.6%
7AM 07:00 to 07:59: 2.9%
8AM 08:00 to 08:59: 2.9%
9AM 09:00 to 09:59: 2.3%
10AM 10:00 to 10:59: 8.2%
11AM 11:00 to 11:59: 7.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.8%
1PM 13:00 to 13:59: 7.6%
2PM 14:00 to 14:59: 5.8%
3PM 15:00 to 15:59: 8.2%
4PM 16:00 to 16:59: 5.3%
5PM 17:00 to 17:59: 4.1%
6PM 18:00 to 18:59: 4.1%
7PM 19:00 to 19:59: 5.3%
8PM 20:00 to 20:59: 8.2%
9PM 21:00 to 21:59: 8.2%
10PM 22:00 to 22:59: 4.7%
11PM 23:00 to 23:59: 2.3%

Alberta 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 Airdrie Ranks in Alberta for Mortgage Business

The following table lists how Airdrie 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
4RED DEER, AB 0.638%
5LETHBRIDGE, AB 0.420%
6SHERWOOD PARK, AB 0.380%
7GRANDE PRAIRIE, AB 0.367%
8ST ALBERT, AB 0.311%
9AIRDRIE, AB 0.296%
10MEDICINE HAT, AB 0.289%
11OKOTOKS, AB 0.265%
12SPRUCE GROVE, AB 0.228%
13BROOKS, AB 0.197%
14COLD LAKE, AB 0.192%

Types of Mortgage Inquiries Received from Airdrie


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 20.5%
Refinance / Debt Consolidation: 20.5%
New Home Purchase: 18.7%
Mortgage Renewal: 14.0%
First-time Home Buyer: 11.1%
No Money Down Mortgage (discontinued): 7.0%
Other: 8.4%
 
Total Application Types Found: 15

Age Demographics for Airdrie Mortgage Applicants

Average age: 38
Oldest age: 70
Youngest age: 20


Incomes for Airdrie Mortgage Applicants

The amounts shown below represent the average income of people living in Airdrie who have applied for a mortgage loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Airdrie: $69,327.40
applicants within all of Canada: $60,852.54
Difference: $8,474.86
  
mortgage co-applicants in Airdrie: $48,611.56
co-applicants within all of Canada: $43,965.51
Difference: $4,646.04

Note: Commercial loan amounts were not included for this report, only residential loans amounts from Airdrie, Alberta were used.


Last mortgage report update for Airdrie: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Spruce Grove.

Mortgage Product Type Inquiries
Mortgage Pre-approval25.76%
New Purchase19.70%
Refinance/Consolidate Debt13.64%
First-time Home Buyer10.61%
Mortgage Renewal9.85%
No Money Down discontinued5.30%
HELOC5.30%
Other9.86%