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Saskatchewan Mortgage Information
Busy Months for Mortgages in Saskatchewan
The bar graph below displays the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages occur during our second quarter (represented by the green bars) with 31.33% while our slowest is the fourth quarter (represented by the red bars) with 17.43%.
Rankings for Busy Mortgage Months
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 1 | May: | 10.7% | |
| 2 | April: | 10.5% | |
| 3 | June: | 10.1% | |
| 4 | March: | 10.0% | |
| 5 | July: | 9.7% | |
| 6 | August: | 9.7% |
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 7 | January: | 7.6% | |
| 8 | September: | 7.5% | |
| 9 | February: | 6.7% | |
| 10 | October: | 6.7% | |
| 11 | November: | 6.5% | |
| 12 | December: | 4.2% |
Busy Days for Mortgages in Saskatchewan
The data below compares the busy days for Internet mortgage applications that were received by the Super Brokers web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Saskatchewan the busiest day, with 18.26% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 9.23% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1 | Monday: | 18.3% |
| 2 | Tuesday: | 17.3% |
| 3 | Wednesday: | 16.3% |
| 4 | Thursday: | 15.4% |
| 5 | Sunday: | 11.8% |
| 6 | Friday: | 11.7% |
| 7 | Saturday: | 9.2% |
Peak Hours for Saskatchewan Mortgage Applications
In Saskatchewan, mortgages are received 24 hours a day on our web site. The report shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 26.4% of all mortgages are received during the morning, while 69.6% arrive in the afternoon.
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| 12AM | 00:00 to 00:59: | 1.9% |
| 1AM | 01:00 to 01:59: | 1.2% |
| 2AM | 02:00 to 02:59: | 0.5% |
| 3AM | 03:00 to 03:59: | 0.4% |
| 4AM | 04:00 to 04:59: | 0.4% |
| 5AM | 05:00 to 05:59: | 0.3% |
| 6AM | 06:00 to 06:59: | 0.9% |
| 7AM | 07:00 to 07:59: | 1.9% |
| 8AM | 08:00 to 08:59: | 3.2% |
| 9AM | 09:00 to 09:59: | 5.2% |
| 10AM | 10:00 to 10:59: | 6.7% |
| 11AM | 11:00 to 11:59: | 7.9% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 8.0% |
| 1PM | 13:00 to 13:59: | 7.2% |
| 2PM | 14:00 to 14:59: | 6.8% |
| 3PM | 15:00 to 15:59: | 6.8% |
| 4PM | 16:00 to 16:59: | 5.6% |
| 5PM | 17:00 to 17:59: | 5.2% |
| 6PM | 18:00 to 18:59: | 5.5% |
| 7PM | 19:00 to 19:59: | 5.3% |
| 8PM | 20:00 to 20:59: | 5.3% |
| 9PM | 21:00 to 21:59: | 6.6% |
| 10PM | 22:00 to 22:59: | 4.6% |
| 11PM | 23:00 to 23:59: | 3.0% |
Saskatchewan Mortgage Originations Compared to all other Provinces and Territories
| Online Mortgage Origination for the Province or Territory of | Percentage in Comparison |
|---|---|
| Alberta: | 418.3% |
| British Columbia: | 206.4% |
| Manitoba: | 39.8% |
| New Brunswick: | 50.1% |
| Newfoundland and Labrador: | 25.8% |
| Nova Scotia: | 65.3% |
| Northwest Territories: | 9.7% |
| Nunavut: | 1.9% |
| Ontario: | 939.0% |
| Prince Edward Island: | 10.1% |
| Quebec: | 78.2% |
| Saskatchewan: | 100.0% |
| Yukon: | 9.4% |
Top Producing Cities / Towns for Mortgages in Saskatchewan
| Rank | City or Town within Saskatchewan | Percentage of Inquiries | Avg Age | Average Income | Average Co-Income | Average Home Loan |
|---|---|---|---|---|---|---|
| 1 | REGINA, SK | 34.111% | 34 | $49,236 | $37,883 | $142,267 |
| 2 | SASKATOON, SK | 14.859% | 36 | $54,977 | $40,945 | $176,553 |
| 3 | MOOSE JAW, SK | 5.285% | 36 | $46,397 | $34,645 | $128,118 |
| 4 | PRINCE ALBERT, SK | 3.912% | 35 | $46,280 | $40,018 | $136,664 |
| 5 | LLOYDMINSTER, SK | 2.677% | 35 | $60,615 | $37,422 | $204,408 |
| 6 | ESTEVAN, SK | 1.819% | 33 | $58,431 | $40,042 | $175,000 |
| 7 | YORKTON, SK | 1.716% | 37 | $61,730 | $37,642 | $129,909 |
| 8 | NORTH BATTLEFORD, SK | 1.579% | 37 | $47,251 | $31,937 | $113,797 |
| 9 | WEYBURN, SK | 1.579% | 33 | $52,712 | $27,680 | $126,131 |
| 10 | MELVILLE, SK | 0.961% | 36 | $59,684 | $33,875 | $92,579 |
| 11 | SWIFT CURRENT, SK | 0.892% | 33 | $62,375 | $39,025 | $151,280 |
| 12 | NIPAWIN, SK | 0.721% | 35 | $58,405 | $39,600 | $117,322 |
| 13 | MARTENSVILLE, SK | 0.686% | 35 | $55,927 | $32,889 | $157,163 |
| 14 | LUMSDEN, SK | 0.583% | 37 | $49,231 | $34,000 | $117,500 |
| 15 | KINDERSLEY, SK | 0.549% | 34 | $57,101 | $14,000 | $122,618 |
| 16 | MELFORT, SK | 0.549% | 32 | $41,563 | $26,350 | $104,933 |
| 17 | BALGONIE, SK | 0.480% | 31 | $50,683 | $30,058 | $166,318 |
| 18 | LA RONGE, SK | 0.446% | 34 | $47,687 | $28,039 | $100,730 |
| 19 | HUMBOLDT, SK | 0.377% | 36 | $40,174 | n/a | $108,222 |
| 20 | CARNDUFF, SK | 0.377% | 35 | $70,606 | $19,850 | $96,350 |
| 21 | MOOSOMIN, SK | 0.377% | 38 | $62,218 | $42,500 | $163,218 |
| 22 | INDIAN HEAD, SK | 0.377% | 34 | $38,121 | $40,000 | $148,666 |
| 23 | BATTLEFORD, SK | 0.377% | 40 | $53,572 | $26,000 | $186,700 |
| 24 | MEADOW LAKE, SK | 0.377% | 37 | $62,133 | $27,666 | $135,100 |
| 25 | CANORA, SK | 0.343% | 40 | $47,500 | $24,500 | $85,277 |
| 26 | HUDSON BAY, SK | 0.343% | 39 | $88,777 | n/a | $154,028 |
| 27 | FORT QU'APPELLE, SK | 0.343% | 40 | $82,296 | $36,020 | $121,500 |
| 28 | TISDALE, SK | 0.343% | 44 | $40,844 | $29,000 | $119,433 |
| 29 | WARMAN, SK | 0.309% | 33 | $55,402 | $48,470 | $301,980 |
| 30 | ASSINIBOIA, SK | 0.309% | 36 | $54,617 | n/a | $148,031 |
| 31 | UNITY, SK | 0.309% | 32 | $57,057 | $97,833 | $123,750 |
| 32 | CARLYLE, SK | 0.275% | 36 | $64,230 | $43,016 | $182,000 |
| 33 | BIGGAR, SK | 0.275% | 43 | $38,343 | n/a | $31,416 |
| 34 | QU'APPELLE, SK | 0.275% | 30 | $47,635 | $26,425 | $117,400 |
| 35 | LAFLECHE, SK | 0.275% | 31 | $66,528 | $33,000 | $181,416 |
| 36 | MAPLE CREEK, SK | 0.275% | 33 | $72,428 | $23,892 | $118,250 |
| 37 | ESTERHAZY, SK | 0.275% | 39 | $71,087 | $55,440 | $175,120 |
| 38 | SOUTHEY, SK | 0.275% | 38 | $44,975 | $18,733 | $70,500 |
| 39 | ROSETOWN, SK | 0.275% | 35 | $68,700 | n/a | $79,780 |
| 40 | BIENFAIT, SK | 0.275% | 34 | $81,423 | n/a | $106,000 |
| 41 | BUSHELL PARK, SK | 0.275% | 29 | $63,580 | $38,334 | $186,375 |
| 42 | HERBERT, SK | 0.240% | 37 | $32,160 | n/a | $67,000 |
| 43 | WATROUS, SK | 0.240% | 42 | $46,400 | n/a | $109,500 |
| 44 | DALMENY, SK | 0.240% | 40 | $45,329 | $31,500 | $107,645 |
| 45 | MIDALE, SK | 0.206% | 24 | $65,000 | n/a | $156,500 |
| 46 | WHITEWOOD, SK | 0.206% | 37 | $113,280 | n/a | $54,720 |
| 47 | ELROSE, SK | 0.206% | 45 | $52,048 | n/a | $62,750 |
| 48 | PIERCELAND, SK | 0.206% | 39 | $81,533 | n/a | $201,583 |
| 49 | BIG RIVER, SK | 0.206% | 36 | $86,000 | n/a | $121,000 |
| 50 | KAMSACK, SK | 0.206% | 38 | $60,750 | n/a | $89,333 |
Types of Mortgage Inquiries Received from Saskatchewan
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| Mortgage Pre-approval: | 26.1% | |
| First-time Home Buyer: | 18.4% | |
| No Money Down Mortgage (discontinued): | 16.5% | |
| New Home Purchase: | 14.1% | |
| Refinance / Debt Consolidation: | 10.8% | |
| Mortgage Renewal: | 5.4% | |
| Other: | 8.8% | |
| Total Application Types Found: 22 | ||
Age Demographics for Saskatchewan Mortgage Inquiries
Average age: 35
Oldest age: 90
Youngest age: 19
Incomes for Saskatchewan Mortgage Inquiries
The amounts below are the average income of Canadians living in Saskatchewan who have applied for a home loan using Mortgage Super Brokers' pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Saskatchewan: | $53,495.07 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | ($7,357.47) |
| mortgage co-applicants in Saskatchewan: | $38,518.05 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | ($5,447.46) |
Note: Commercial Mortgage loans were not included for this survey, only residential loans amounts from Saskatchewan were used.
Last mortgage report update for Saskatchewan: Friday, July 1, 2016
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Nova Scotia
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
Provincial mortgage stats:
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for customers in the province of Saskatchewan.
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 26.12% | |
| First-time Home Buyer | 18.39% | |
| No Money Down discontinued | 16.47% | |
| New Purchase | 14.10% | |
| Refinance/Consolidate Debt | 10.78% | |
| Mortgage Renewal | 5.39% | |
| Other | 8.73% |
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