Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

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

Gatineau Mortgage Information

Average Mortgage Loan in Gatineau: $172,935

Busy Months for Mortgage Inquiries within Gatineau

The graph below displays the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Gatineau mostly occur during our first quarter (represented by the brown bars) with 31.40% while our slowest is the fourth quarter (represented by the red bars) with 17.44%.

Busy Months Report for Gatineau Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 12.0%
2 January: 10.9%
3 May: 10.5%
4 April: 9.7%
5 November: 8.5%
6 February: 8.5%
RankMonth Percentage of Applications
7 July: 8.5%
8 August: 7.8%
9 September: 7.8%
10 June: 7.0%
11 October: 4.7%
12 December: 4.3%

Busy Days for Online Mortgages within Gatineau

The graph below displays the busy days for online applications that were received by the Super Brokers web site. A combined total of all occurrences of each day are represented for the past 5 years. In Gatineau the busiest day, with approximately 22.48% of all submissions, is Tuesday. In comparison, Sunday's are the slowest day with only 8.14% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 22.5%
2 Thursday: 20.2%
3 Wednesday: 15.9%
4 Monday: 14.3%
5 Friday: 9.7%
6 Saturday: 9.3%
7 Sunday: 8.1%
Busy Days Report for Gatineau Mortgages

Peak Hours for Originated Mortgages within Gatineau

In Gatineau, applications are received 24 hours a day on the Mortgage Super Brokers web site. The report shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 45.3% of all mortgages are received before noon, while 51.6% arrive in the afternoon.


Peak Hours Graph for Mortgages in Gatineau
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 2.3%
1AM 01:00 to 01:59: 0.4%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0.4%
4AM 04:00 to 04:59: 0.8%
5AM 05:00 to 05:59: 0.4%
6AM 06:00 to 06:59: 4.3%
7AM 07:00 to 07:59: 7.4%
8AM 08:00 to 08:59: 9.3%
9AM 09:00 to 09:59: 6.6%
10AM 10:00 to 10:59: 7.8%
11AM 11:00 to 11:59: 8.9%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.8%
1PM 13:00 to 13:59: 5.4%
2PM 14:00 to 14:59: 8.5%
3PM 15:00 to 15:59: 3.5%
4PM 16:00 to 16:59: 2.7%
5PM 17:00 to 17:59: 4.7%
6PM 18:00 to 18:59: 3.1%
7PM 19:00 to 19:59: 5.0%
8PM 20:00 to 20:59: 3.9%
9PM 21:00 to 21:59: 4.3%
10PM 22:00 to 22:59: 1.2%
11PM 23:00 to 23:59: 1.6%

Quebec 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 Gatineau Ranks in Quebec for Mortgage Business

The following table lists how Gatineau 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
1MONTREAL, QC 0.811%
2GATINEAU, QC 0.446%
3LAVAL, QC 0.213%
4DOLLARD-DES-ORMEAUX, QC 0.112%
5PIERREFONDS, QC 0.100%
6BROSSARD, QC 0.099%
7LASALLE, QC 0.093%

Types of Mortgage Inquiries Received from Gatineau


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 17.8%
First-time Home Buyer: 15.1%
Refinance / Debt Consolidation: 14.7%
New Home Purchase: 14.3%
No Money Down Mortgage (discontinued): 13.2%
Mortgage Renewal: 11.6%
Pre-approval: 5.8%
Other: 7.5%
 
Total Application Types Found: 14

Age Demographics for Gatineau Mortgage Applicants

Average age: 38
Oldest age: 79
Youngest age: 21


Incomes for Gatineau Mortgage Applicants

The figures below represent the average income of people living in Gatineau who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Gatineau: $60,567.40
applicants within all of Canada: $60,852.54
Difference: ($285.14)
  
mortgage co-applicants in Gatineau: $44,420.86
co-applicants within all of Canada: $43,965.51
Difference: $455.35

Note: Commercial Mortgage loans were not included for this report, only residential loans from Gatineau, Quebec were used.


Last mortgage report update for Gatineau: Friday, July 1, 2016
Mortgage Quote - Apply
 
Did you know? The average home loan in Chateauguay is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Quebec
 
Important Tip on Credit Card Debt
Credit card interest rates average at around 18.9 per cent. You, like many other Canadians, may have over ten thousand dollars charged to your credit card, but, if you only make the minimum required monthly payment of 2 per cent ($200 the first month) that $10,000 in credit card debt will ultimately take more than 57 years and cost around 40,000 dollars to fully pay off.

Using a home equity loan will allow you to eliminate the high interest credit card (and by eliminate we mean cut up) and consolidate the debt to a low interest rate mortgage payment.