Manitoba Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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Disclaimer:
CanEquity Mortgage has compiled the following data for educational and informational purposes as outlined in our privacy policy. All names, street and e-mail addresses, telephone numbers, dates of birth, and other forms of identification have been removed before the following data was compiled. These statistics are anonymous and contain no personal information, and cannot be used to gather such information.
The statistics gathered are from CanEquity’s web site and do not include inquiries via fax, e-mail, contact forms, phone-ins or walk-ins. The statistics gathered represent the growing Internet usage and mortgage trends found within Canada.
All information, charts and graphs represented are deemed accurate and reliable but no warranty or guarantee is implied. Data may be noticeably affected from time to time by changes in CanEquity Mortgage marketing efforts. Data may also be affected by Internet connectivity, outages and service (or lack of) to areas within Canada. The range of data collected is from 30,000 to 60,000 mortgage applicants from across Canada. All data has a deviation of +/- 1.00% for added anonymity. No statistic contained herein represents a single person.
This information may be used freely for educational or non-commercial use. For more information about this service, please e-mail marketing@canequity.com. Copyright © 2001-2008 CEG Research, The Canadian Equity Group Inc.
| Year | Volume Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 13.62% | * 0.28% |
| 2007: | 14.93% | 0.31% |
| 2006: | 21.59% | 0.45% |
| 2005: | 13.91% | 0.29% |
| 2004: | 9.86% | 0.21% |
| 2003: | 14.06% | 0.29% |
| 2002: | 12.03% | 0.25% |
This bar graph represents the individual monthly volume history for Internet mortgage applications originating from Manitoba.
The following bar graph represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our second quarter (represented by the green bars) with 35.80% while our slowest is the fourth quarter (represented by the red bars) with 15.36%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 13.9% | |
| 2: | May: | 13.0% | |
| 3: | March: | 9.1% | |
| 4: | June: | 8.8% | |
| 5: | July: | 8.6% | |
| 6: | January: | 8.4% | |
| 7: | August: | 8.4% | |
| 8: | February: | 8.3% | |
| 9: | October: | 7.0% | |
| 10: | September: | 6.1% | |
| 11: | November: | 4.6% | |
| 12: | December: | 3.8% |
The information listed below compares the busy days for online 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 Manitoba, the day with the most volume, generating 18.84% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 10.29% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 18.8% | |
| 2: | Tuesday: | 17.7% | |
| 3: | Thursday: | 15.5% | |
| 4: | Wednesday: | 13.9% | |
| 5: | Friday: | 12.8% | |
| 6: | Sunday: | 11.0% | |
| 7: | Saturday: | 10.3% |
In Manitoba, mortgage applications are received 24 hours a day via the CanEquity web site. The graph shown below represents the rush hours in the day. The data is taken from all days of all years. Only 27.0% of all mortgages are received during the morning, while 70.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.4% |
| 01:00 to 01:59: | 0.9% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.4% |
| 04:00 to 04:59: | 0.7% |
| 05:00 to 05:59: | 0.4% |
| 06:00 to 06:59: | 1.3% |
| 07:00 to 07:59: | 2.8% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 4.5% |
| 10:00 to 10:59: | 7.5% |
| 11:00 to 11:59: | 5.9% |
| 12:00 to 12:59: | 8.0% |
| 13:00 to 13:59: | 5.7% |
| 14:00 to 14:59: | 8.8% |
| 15:00 to 15:59: | 6.7% |
| 16:00 to 16:59: | 5.7% |
| 17:00 to 17:59: | 4.6% |
| 18:00 to 18:59: | 4.8% |
| 19:00 to 19:59: | 5.9% |
| 20:00 to 20:59: | 7.5% |
| 21:00 to 21:59: | 6.1% |
| 22:00 to 22:59: | 4.1% |
| 23:00 to 23:59: | 2.2% |
| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 1007.2% |
| British Columbia: | 536.5% |
| Manitoba: | 100.0% |
| New Brunswick: | 97.5% |
| Newfoundland and Labrador: | 55.8% |
| Nova Scotia: | 133.6% |
| Northwest Territories: | 14.8% |
| Nunavut: | 4.2% |
| Ontario: | 2332.2% |
| Prince Edward Island: | 17.7% |
| Quebec: | 181.0% |
| Saskatchewan: | 260.3% |
| Yukon Territories: | 10.1% |
| City or Town within the province of Manitoba | Percentage of Inquiries | Average Age | Average Income | Average Co-Income | Average Loan | |
|---|---|---|---|---|---|---|
| 001: | WINNIPEG, MB | 55.797% | 36 | $48,755.53 | $32,609.39 | $116,293.53 |
| 002: | BRANDON, MB | 5.362% | 34 | $49,507.17 | $20,090.50 | $124,470.57 |
| 003: | THOMPSON, MB | 3.188% | 37 | $79,305.05 | $32,583.33 | $156,445.53 |
| 004: | SHILO, MB | 1.884% | 35 | $53,213.83 | $30,137.60 | $175,066.67 |
| 005: | THE PAS, MB | 1.884% | 38 | $46,577.38 | $49,656.25 | $84,727.27 |
| 006: | STEINBACH, MB | 1.739% | 32 | $73,308.33 | $22,750.00 | $104,340.00 |
| 007: | PORTAGE LA PRAIRIE, MB | 1.594% | 38 | $33,545.45 | $41,500.00 | $65,280.00 |
| 008: | MORDEN, MB | 1.159% | 33 | $37,007.14 | n/a | $56,057.00 |
| 009: | ST ADOLPHE, MB | 1.159% | 37 | $53,187.50 | $37,550.00 | $91,800.00 |
| 010: | STONEWALL, MB | 1.014% | 31 | $24,279.86 | $42,500.00 | $70,700.00 |
| 011: | SELKIRK, MB | 0.870% | 35 | $29,589.60 | $32,203.25 | $89,780.00 |
| 012: | STE ANNE, MB | 0.725% | 40 | $41,880.00 | $28,189.25 | $95,000.00 |
| 013: | NEEPAWA, MB | 0.725% | 33 | $27,704.00 | $27,573.00 | $69,250.00 |
| 014: | DAUPHIN, MB | 0.725% | 33 | $38,500.00 | $35,000.00 | $137,875.00 |
| 015: | FLIN FLON, MB | 0.725% | 43 | $52,640.00 | $48,666.67 | $155,000.00 |
| 016: | KILLARNEY, MB | 0.580% | 34 | $21,322.67 | $25,333.33 | $77,250.00 |
| 017: | MORRIS, MB | 0.580% | 33 | $40,250.00 | $65,000.00 | $66,633.33 |
| 018: | CARMAN, MB | 0.580% | 34 | $35,775.00 | $24,333.33 | $89,375.00 |
| 019: | TEULON, MB | 0.435% | 31 | $39,333.33 | n/a | $82,333.33 |
| 020: | STONY MOUNTAIN, MB | 0.435% | 32 | $41,333.33 | n/a | $120,000.00 |
| 021: | GROSSE ISLE, MB | 0.435% | 33 | $55,067.67 | n/a | $148,333.33 |
| 022: | LAC DU BONNET, MB | 0.435% | 54 | $90,000.00 | n/a | $111,666.67 |
| 023: | ROBLIN, MB | 0.435% | 35 | $144,333.33 | $45,000.00 | $108,166.67 |
| 024: | EAST ST PAUL, MB | 0.435% | 41 | $42,167.00 | n/a | $190,333.33 |
| 025: | ST PIERRE JOLYS, MB | 0.435% | 33 | $45,000.00 | $21,000.00 | $103,000.00 |
| 026: | RIVERTON, MB | 0.435% | 43 | n/a | $30,000.00 | $43,666.67 |
| 027: | GRUNTHAL, MB | 0.290% | 29 | $42,500.00 | n/a | $175,000.00 |
| 028: | ST ANDREWS, MB | 0.290% | 34 | $114,500.00 | n/a | $63,500.00 |
| 029: | DELORAINE, MB | 0.290% | 23 | $51,500.00 | n/a | $300,000.00 |
| 030: | BEAUSEJOUR, MB | 0.290% | 43 | $37,000.00 | n/a | $49,500.00 |
| 031: | HARTNEY, MB | 0.290% | 21 | $28,200.00 | n/a | $61,000.00 |
| 032: | CARTWRIGHT, MB | 0.290% | 32 | $42,500.00 | n/a | $130,000.00 |
| 033: | ARBORG, MB | 0.290% | 32 | $18,000.00 | n/a | $90,000.00 |
| 034: | LA BROQUERIE, MB | 0.290% | 21 | $22,000.00 | $12,500.00 | $65,000.00 |
| 035: | MELITA, MB | 0.290% | 31 | $35,500.00 | n/a | $32,500.00 |
| 036: | SNOW LAKE, MB | 0.290% | 33 | n/a | n/a | $115,000.00 |
| 037: | GUNTON, MB | 0.290% | 23 | $22,480.00 | n/a | $77,500.00 |
| 038: | BINSCARTH, MB | 0.290% | 33 | $39,391.50 | n/a | $100,000.00 |
| 039: | GILLAM, MB | 0.290% | 30 | $41,000.00 | $65,000.00 | $250,000.00 |
| 040: | MINNEDOSA, MB | 0.290% | 35 | $28,000.00 | n/a | $30,000.00 |
| 041: | LORETTE, MB | 0.290% | 30 | $61,590.00 | $15,250.00 | $63,178.00 |
| 042: | HEADINGLEY, MB | 0.290% | 45 | $99,000.00 | n/a | $150,000.00 |
| 043: | STRATHCLAIR, MB | 0.290% | 28 | $90,000.00 | n/a | $42,000.00 |
| 044: | EAST SELKIRK, MB | 0.290% | 35 | $34,020.00 | n/a | $90,000.00 |
| 045: | FISHER BRANCH, MB | 0.290% | 35 | $40,000.00 | n/a | $108,250.00 |
| 046: | MARCHAND, MB | 0.290% | 54 | $35,000.00 | n/a | $65,000.00 |
| 047: | CHURCHILL, MB | 0.290% | 49 | n/a | n/a | $65,000.00 |
| 048: | WARREN, MB | 0.290% | 34 | $35,050.00 | n/a | $55,984.00 |
| 049: | GIMLI, MB | 0.290% | 52 | n/a | n/a | $169,500.00 |
| 050: | SWAN RIVER, MB | 0.290% | 40 | $31,000.00 | n/a | $27,950.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 28.7% | |
| Refinance: | 22.0% | |
| First-time Buyer: | 20.0% | |
| No Money Down: | 13.0% | |
| Purchase: | 6.1% | |
| Renewal: | 5.9% | |
| Variable Rate: | 1.4% | |
| Other: | 2.5% | |
| Total Application Types Found: 16 | ||
Average age: 36
Oldest age: 83
Youngest age: 20
The information below represents the average income of applicants living in Manitoba who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Manitoba: | $49,769.68 |
| applicants within all of Canada: | $56,901.12 |
| Difference: | ($7,131.44) |
| mortgage co-applicants in Manitoba: | $32,243.55 |
| co-applicants within all of Canada: | $39,780.25 |
| Difference: | ($7,536.71) |
The following table represents the residential status of people living in Manitoba who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.6% | |
| Own: | 41.9% | |
| Other: | 3.0% | |
| No Comment: | 9.1% | |
| Live with parents: | 5.4% |
The following information represents the marital status of applicants from Manitoba using the mortgage preapproval application located at canequity.com. In Manitoba, over 62% of the mortgage applicants are either married or living common-law, while only 36% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.9% | |
| Single: | 26.8% | |
| Common-law: | 11.9% | |
| Divorced: | 5.8% | |
| Separated: | 3.6% | |
| Widowed: | 1.0% |
