Last report update for Airdrie: Friday, May 16, 2008
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Airdrie Mortgage
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Airdrie Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from Airdrie

Year Year to Year
Comparison
** National
Contribution
2008: * 6.41% * 0.02%
2007: 19.23% 0.05%
2006: 19.23% 0.05%
2005: 16.67% 0.04%
2004: 7.69% 0.02%
2003: 17.95% 0.05%
2002: 12.82% 0.03%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 15.38% and 0.04% respectively. ** Total national contribution of Airdrie mortgages in the past is currently 0.26% with a projected target of 0.28%.

Busy Months for Online Mortgages within Airdrie

The 6-year bar graph below depicts the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Airdrie seem to occur during our first quarter (represented by the brown bars) with 26.92% while our slowest is the fourth quarter (represented by the red bars) with 23.08%.

RankMonth Percentage
of Inquiries
1: October: 12.8%
2: September: 12.8%
3: March: 10.3%
4: June: 10.3%
5: November: 9.0%
6: January: 9.0%
7: April: 7.7%
8: February: 7.7%
9: July: 7.7%
10: August: 6.4%
11: May: 5.1%
12: December: 1.3%
Busy Months Report for Airdrie Mortgages

Busy Days for Mortgage Applications within Airdrie

The information below illustrates the busy days for mortgage inquiries that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Airdrie the busiest day of the week, with 21.79% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 3.85% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 21.8%
2: Thursday: 19.2%
3: Monday: 17.9%
4: Sunday: 15.4%
5: Wednesday: 14.1%
6: Friday: 7.7%
7: Saturday: 3.9%
Busy Days Report for Airdrie Mortgages

Peak Hours for Applicants within Airdrie

Inquiries are received 24 hours a day on the CanEquity web site. The following represents the rush hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.3%
01:00 to 01:59: 1.3%
07:00 to 07:59: 2.6%
08:00 to 08:59: 3.8%
09:00 to 09:59: 2.6%
10:00 to 10:59: 7.7%
11:00 to 11:59: 6.4%
12:00 to 12:59: 7.7%
13:00 to 13:59: 7.7%
14:00 to 14:59: 3.8%
15:00 to 15:59: 12.8%
16:00 to 16:59: 3.8%
17:00 to 17:59: 3.8%
18:00 to 18:59: 6.4%
19:00 to 19:59: 5.1%
20:00 to 20:59: 7.7%
21:00 to 21:59: 7.7%
22:00 to 22:59: 3.8%
23:00 to 23:59: 3.8%
Peak Hours Graph for Mortgages in Airdrie

Note: Only hours that have had mortgages from Airdrie, Alberta are shown.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.01%
British Columbia: 11.46%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario: 48.63%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Airdrie Mortgages

Current City Standing within Alberta


Location Contribution
005:  LETHBRIDGE, AB 0.429%
006:  SHERWOOD PARK, AB 0.429%
007:  GRANDE PRAIRIE, AB 0.357%
008:  MEDICINE HAT, AB 0.314%
009:  ST ALBERT, AB 0.301%
010:  AIRDRIE, AB 0.258%
011:  BROOKS, AB 0.208%
012:  SPRUCE GROVE, AB 0.198%
013:  OKOTOKS, AB 0.182%
014:  WHITECOURT, AB 0.145%
015:  STONY PLAIN, AB 0.126%

Nearest Settlements


1Balzac, Alberta
2Calgary, Alberta
3Crossfield, Alberta
4Chestermere, Alberta
5Acme, Alberta
6Cochrane, Alberta
7De Winton, Alberta
8Didsbury, Alberta
9Langdon, Alberta
10Bragg Creek, Alberta
11Carbon, Alberta
12Strathmore, Alberta
13Three Hills, Alberta


Product Popularity for Airdrie


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 32.1%
Qualification: 19.2%
Renewal: 14.1%
First-time Buyer: 12.8%
Purchase: 9.0%
No Money Down: 6.4%
Variable Rate: 2.6%
Consolidate Mortgages: 1.3%
Low Doc: 1.3%
Equity Mortgage: 1.3%
 
Total Application Types Found: 10
 Airdrie Mortgage Product Popularity Pie Chart

Age Demographics for Airdrie Originated Mortgages

Average age: 38
Oldest age: 83
Youngest age: 20


Incomes for Airdrie Originated Mortgages

The figures below represent the average income of applicants living in Airdrie who have applied for a loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Airdrie: $58,292.42
applicants within all of Canada: $56,403.93
Difference: $1,888.50
  
mortgage co-applicants in Airdrie: $37,607.48
co-applicants within all of Canada: $39,395.85
Difference: ($1,788.37)

Note: Commercial loans were not included for this report, only residential loans amounts were used.

Residential Status for Airdrie Mortgage Applicants

The information shown below represents the residential status of people living in Airdrie who have applied for a home loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 24.4%
Own: 53.8%
No Comment: 17.9%
Live with parents: 3.8%
Airdrie Residential Status Pie Chart

Marital Status for Airdrie Mortgage Applicants

The pie chart below represents the marital status of applicants from Airdrie, Alberta using the mortgage preapproval application found on the CanEquity Mortgage web site. In Airdrie, 69% of the mortgage applicants are living common-law or married, while only 30% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 56.4%
Single: 20.5%
Common-law: 12.8%
Divorced: 5.1%
Separated: 5.1%
Airdrie Marital Status Pie Chart