Last report update for Brandon: Wednesday, March 17, 2010
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Brandon Mortgages

Manitoba Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Brandon

Year Year to Year
Comparison
** National
Contribution
2010: * 3.08% * 0.01%
2009: 38.46% 0.06%
2008: 21.54% 0.03%
2007: 7.69% 0.01%
2006: 12.31% 0.02%
2005: 3.08% 0.01%
2004: 3.08% 0.01%
2003: 4.62% 0.01%
2002: 6.15% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 12.31% and 0.02% respectively. ** Total national contribution of Brandon mortgages in the past is currently 0.15% with a projected target of 0.17%.

Busy Months for Mortgage Inquiries within Brandon

The 6-year bar graph below represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Brandon usually occur during our first quarter (represented by the brown bars) with 43.08% while our slowest is the fourth quarter (represented by the red bars) with 13.85%.

RankMonth Percentage
of Inquiries
1: March: 16.9%
2: January: 13.9%
3: April: 13.9%
4: February: 12.3%
5: May: 7.7%
6: November: 6.2%
7: July: 6.2%
8: June: 6.2%
9: October: 6.2%
10: September: 6.2%
11: August: 3.1%
12: December: 1.5%
Busy Months Report for Brandon Mortgages

Busy Days for Mortgages within Brandon

The graph below plots the busy days for Internet mortgage applications that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Brandon, the day with the most volume, generating 21.54% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 3.08% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 21.5%
2: Wednesday: 18.5%
3: Thursday: 15.4%
4: Sunday: 15.4%
5: Tuesday: 13.9%
6: Friday: 12.3%
7: Saturday: 3.1%
Busy Days Report for Brandon Mortgages

Peak Hours for Mortgages within Brandon

Brandon mortgage applications are received 24 hours a day via the CanEquity web site. The graph shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years. Only 6.2% of all mortgages are received during the morning, while 61.5% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.5%
02:00 to 02:59: 1.5%
03:00 to 03:59: 3.1%
04:00 to 04:59: 1.5%
05:00 to 05:59: 1.5%
06:00 to 06:59: 1.5%
07:00 to 07:59: 3.1%
08:00 to 08:59: 3.1%
09:00 to 09:59: 9.2%
10:00 to 10:59: 6.2%
11:00 to 11:59: 6.2%
12:00 to 12:59: 9.2%
13:00 to 13:59: 4.6%
14:00 to 14:59: 1.5%
15:00 to 15:59: 9.2%
16:00 to 16:59: 1.5%
17:00 to 17:59: 10.8%
18:00 to 18:59: 4.6%
19:00 to 19:59: 6.2%
20:00 to 20:59: 7.7%
21:00 to 21:59: 1.5%
22:00 to 22:59: 3.1%
23:00 to 23:59: 1.5%
Peak Hours Graph for Mortgages in Brandon

Note: Only hours that have had mortgages from Brandon, Manitoba are shown.

Manitoba Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.10%
British Columbia: 10.87%
Manitoba 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Brandon Mortgages

Current City Standing within Manitoba


Location Contribution
001:  WINNIPEG, MB 1.150%
002:  BRANDON, MB 0.153%
003:  THOMPSON, MB 0.059%
004:  PORTAGE LA PRAIRIE, MB 0.047%
005:  SHILO, MB 0.035%
006:  THE PAS, MB 0.035%
007:  STEINBACH, MB 0.031%

Nearest Settlements


1Shilo, Manitoba
2Hartney, Manitoba
3Melita, Manitoba
4Deloraine, Manitoba


Product Popularity for Brandon


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 32.3%
No Money Down: 16.9%
First-time Buyer: 16.9%
Refinance: 12.3%
Renewal: 9.2%
Purchase: 4.6%
Variable Rate: 3.1%
Pre-approval: 1.5%
Commercial: 1.5%
Investment: 1.5%
 
Total Application Types Found: 10
 Brandon Mortgage Product Popularity Pie Chart

Age Demographics for Brandon Applicants

Average age: 35
Oldest age: 74
Youngest age: 22


Incomes for Brandon Applicants

The following figures show the average income of people living in Brandon who have submitted a mortgage inquiry using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Brandon: $50,800.03
applicants within all of Canada: $58,582.39
Difference: ($7,782.35)
  
mortgage co-applicants in Brandon: $38,809.35
co-applicants within all of Canada: $41,225.82
Difference: ($2,416.47)

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

Residential Status for Brandon Mortgage Applicants

The pie chart below shows the residential status of people living in Brandon who have submitted a mortgage inquiry using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.8%
Own: 38.5%
No Comment: 6.2%
Live with parents: 4.6%
Brandon Residential Status Pie Chart

Marital Statistics for Brandon Mortgage Applicants

The following table and pie chart represents the marital status of applicants from Brandon, Manitoba using the mortgage preapproval application found on canequity.com. In Brandon, over 70% of the mortgage applicants are living common-law or married, while only 29% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 52.3%
Single: 24.6%
Common-law: 18.5%
Divorced: 3.1%
Separated: 1.5%
Brandon Marital Status Pie Chart