Airdrie Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.51% | * 0.01% |
| 2009: | 15.79% | 0.04% |
| 2008: | 16.67% | 0.04% |
| 2007: | 13.16% | 0.04% |
| 2006: | 13.16% | 0.04% |
| 2005: | 11.40% | 0.03% |
| 2004: | 5.26% | 0.01% |
| 2003: | 12.28% | 0.03% |
| 2002: | 8.77% | 0.02% |
The following bar graph represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Airdrie happen to occur during our second quarter (represented by the green bars) with 27.19% while our slowest is the fourth quarter (represented by the red bars) with 21.93%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 14.0% | |
| 2: | October: | 10.5% | |
| 3: | September: | 10.5% | |
| 4: | January: | 9.7% | |
| 5: | March: | 9.7% | |
| 6: | August: | 8.8% | |
| 7: | November: | 7.0% | |
| 8: | May: | 7.0% | |
| 9: | April: | 6.1% | |
| 10: | February: | 6.1% | |
| 11: | July: | 6.1% | |
| 12: | December: | 4.4% |
The bar graph below displays the busy days for online applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Airdrie, the day with the most volume, generating 21.05% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 5.26% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 21.1% | |
| 2: | Monday: | 18.4% | |
| 3: | Wednesday: | 15.8% | |
| 4: | Thursday: | 15.8% | |
| 5: | Sunday: | 12.3% | |
| 6: | Friday: | 11.4% | |
| 7: | Saturday: | 5.3% |
Applications are received 24 hours a day via the CanEquity web site. The statistics shown below indicates the rush hours in the day. The data is taken from all days of all years. Only 25.4% of all mortgages are received before noon, while 72.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.9% |
| 01:00 to 01:59: | 0.9% |
| 06:00 to 06:59: | 0.9% |
| 07:00 to 07:59: | 2.6% |
| 08:00 to 08:59: | 3.5% |
| 09:00 to 09:59: | 3.5% |
| 10:00 to 10:59: | 7.9% |
| 11:00 to 11:59: | 7.0% |
| 12:00 to 12:59: | 7.0% |
| 13:00 to 13:59: | 7.9% |
| 14:00 to 14:59: | 7.0% |
| 15:00 to 15:59: | 10.5% |
| 16:00 to 16:59: | 3.5% |
| 17:00 to 17:59: | 3.5% |
| 18:00 to 18:59: | 4.4% |
| 19:00 to 19:59: | 4.4% |
| 20:00 to 20:59: | 7.9% |
| 21:00 to 21:59: | 7.9% |
| 22:00 to 22:59: | 6.1% |
| 23:00 to 23:59: | 2.6% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 005: | LETHBRIDGE, AB | 0.423% |
| 006: | SHERWOOD PARK, AB | 0.401% |
| 007: | GRANDE PRAIRIE, AB | 0.350% |
| 008: | ST ALBERT, AB | 0.315% |
| 009: | MEDICINE HAT, AB | 0.303% |
| 010: | AIRDRIE, AB | 0.268% |
| 011: | OKOTOKS, AB | 0.239% |
| 012: | SPRUCE GROVE, AB | 0.211% |
| 013: | BROOKS, AB | 0.202% |
| 014: | WHITECOURT, AB | 0.153% |
| 015: | STONY PLAIN, AB | 0.148% |
| 1 | Balzac, Alberta |
| 2 | Calgary, Alberta |
| 3 | Crossfield, Alberta |
| 4 | Chestermere, Alberta |
| 5 | Acme, Alberta |
| 6 | Carstairs, Alberta |
| 7 | Cochrane, Alberta |
| 8 | De Winton, Alberta |
| 9 | Didsbury, Alberta |
| 10 | Cremona, Alberta |
| 11 | Langdon, Alberta |
| 12 | Bragg Creek, Alberta |
| 13 | Carbon, Alberta |
| 14 | Strathmore, Alberta |
| 15 | Three Hills, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.4% | |
| Qualification: | 20.2% | |
| First-time Buyer: | 13.2% | |
| Renewal: | 13.2% | |
| Purchase: | 12.3% | |
| No Money Down: | 7.9% | |
| Equity Mortgage: | 2.6% | |
| Variable Rate: | 1.8% | |
| Consolidate Mortgages: | 0.9% | |
| Low Doc: | 0.9% | |
| Pre-approval: | 0.9% | |
| Second Mortgage: | 0.9% | |
| Total Application Types Found: 12 | ||
Average age: 38
Oldest age: 83
Youngest age: 20
The figures below represent the average income of applicants living in Airdrie who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Airdrie: | $60,536.43 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $1,954.05 |
| mortgage co-applicants in Airdrie: | $41,675.67 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $449.85 |
The table and pie chart below represents the residential status of people living in Airdrie who have submitted an inquiry using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.1% | |
| Own: | 55.3% | |
| No Comment: | 12.3% | |
| Live with parents: | 4.4% |
The following table and pie chart represents the marital status of applicants from Airdrie, Alberta using the mortgage application found on canequity.com. 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: | 57.0% | |
| Single: | 21.9% | |
| Common-law: | 13.2% | |
| Divorced: | 4.4% | |
| Separated: | 3.5% |
