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Wetaskiwin Mortgage Information

Average Mortgage Loan in Wetaskiwin: $170,602

Busy Months for Mortgages Originating within Wetaskiwin

The bar graph below displays the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Wetaskiwin occur during our second quarter (represented by the green bars) with 48.33% while our slowest is the fourth quarter (represented by the red bars) with 11.67%.

Busy Months Report for Wetaskiwin Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 21.7%
2 April: 15.0%
3 May: 11.7%
4 February: 10.0%
5 July: 10.0%
6 March: 10.0%
RankMonth Percentage of Applications
7 January: 6.7%
8 October: 6.7%
9 November: 5.0%
10 August: 1.7%
11 September: 1.7%
12 December: 0.8%

Busy Days for Mortgage Applications within Wetaskiwin

The graph listed below shows the busy days for online inquiries that were received by Super Brokers' web site. A combined total of all occurrences of each day are represented for the past 5 years. In Wetaskiwin, the day with the most volume, generating 28.33% of all submissions, is Friday. In comparison, Saturday's are the slowest day with only 6.67% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Friday: 28.3%
2 Tuesday: 16.7%
3 Wednesday: 16.7%
4 Thursday: 11.7%
5 Monday: 10.0%
6 Sunday: 10.0%
7 Saturday: 6.7%
Busy Days Report for Wetaskiwin Mortgages

Peak Hours for Mortgages within Wetaskiwin

Wetaskiwin mortgage applications are received 24 hours a day on our web site. The information shown below indicates the busy hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Wetaskiwin
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: 3.3%
3AM 03:00 to 03:59: 1.7%
4AM 04:00 to 04:59: 1.7%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 5.0%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 3.3%
9AM 09:00 to 09:59: 6.7%
10AM 10:00 to 10:59: 1.7%
11AM 11:00 to 11:59: 6.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.7%
1PM 13:00 to 13:59: 6.7%
2PM 14:00 to 14:59: 8.3%
3PM 15:00 to 15:59: 8.3%
4PM 16:00 to 16:59: 5.0%
5PM 17:00 to 17:59: 1.7%
6PM 18:00 to 18:59: 10.0%
7PM 19:00 to 19:59: 5.0%
8PM 20:00 to 20:59: 6.7%
9PM 21:00 to 21:59: 5.0%
10PM 22:00 to 22:59: 5.0%
11PM 23:00 to 23:59: 1.7%

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 Wetaskiwin Ranks in Alberta for Mortgage Business

The following table lists how Wetaskiwin 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
17LLOYDMINSTER, AB 0.128%
18LEDUC, AB 0.118%
19EDSON, AB 0.116%
20FORT SASKATCHEWAN, AB 0.109%
21OLDS, AB 0.107%
22WETASKIWIN, AB 0.104%
23STRATHMORE, AB 0.100%
24HIGH RIVER, AB 0.100%
25COCHRANE, AB 0.099%
26SYLVAN LAKE, AB 0.099%
27CANMORE, AB 0.097%

Types of Mortgage Inquiries Received from Wetaskiwin


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 26.7%
No Money Down Mortgage (discontinued): 16.7%
Mortgage Pre-approval: 15.0%
New Home Purchase: 15.0%
First-time Home Buyer: 10.0%
Mortgage Renewal: 10.0%
Other: 6.8%
 
Total Application Types Found: 10

Age Demographics for Wetaskiwin Based Mortgages

Average age: 38
Oldest age: 60
Youngest age: 21


Incomes for Wetaskiwin Based Mortgages

The amounts below are the average income of Canadians living in Wetaskiwin who have applied for a home loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Wetaskiwin: $58,470.05
applicants within all of Canada: $60,852.54
Difference: ($2,382.49)
  
mortgage co-applicants in Wetaskiwin: $33,790.53
co-applicants within all of Canada: $43,965.51
Difference: ($10,174.99)

Note: Commercial Mortgage loans were not included for this survey, only home loans were used.


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