Barrhead Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 30.43% | 0.02% |
| 2008: | 26.09% | 0.01% |
| 2007: | 21.74% | 0.01% |
| 2006: | 4.35% | 0.00% |
| 2005: | 4.35% | 0.00% |
| 2003: | 8.70% | 0.01% |
| 2002: | 4.35% | 0.00% |
In Barrhead, mortgage applications are received 24 hours a day from our web site. The graph shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years. Only 47.8% of all mortgages are received before noon, while 52.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 09:00 to 09:59: | 17.4% |
| 10:00 to 10:59: | 17.4% |
| 11:00 to 11:59: | 13.0% |
| 12:00 to 12:59: | 8.7% |
| 13:00 to 13:59: | 4.3% |
| 14:00 to 14:59: | 8.7% |
| 17:00 to 17:59: | 13.0% |
| 18:00 to 18:59: | 4.3% |
| 20:00 to 20:59: | 8.7% |
| 21:00 to 21:59: | 4.3% |
| 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 | |
|---|---|---|
| 034: | SLAVE LAKE, AB | 0.066% |
| 035: | HINTON, AB | 0.066% |
| 036: | PEACE RIVER, AB | 0.063% |
| 037: | DRAYTON VALLEY, AB | 0.063% |
| 038: | TABER, AB | 0.056% |
| 039: | BARRHEAD, AB | 0.054% |
| 040: | ATHABASCA, AB | 0.052% |
| 041: | HIGH PRAIRIE, AB | 0.052% |
| 042: | DRUMHELLER, AB | 0.049% |
| 043: | PONOKA, AB | 0.049% |
| 044: | DEVON, AB | 0.047% |
| 1 | Swan Hills, Alberta |
| 2 | Sangudo, Alberta |
| 3 | Westlock, Alberta |
| 4 | Evansburg, Alberta |
| 5 | Onoway, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 21.7% | |
| No Money Down: | 21.7% | |
| First-time Buyer: | 17.4% | |
| Renewal: | 13.0% | |
| Refinance: | 8.7% | |
| Fixed Rate: | 4.3% | |
| Commercial: | 4.3% | |
| Purchase: | 4.3% | |
| Home Renovation: | 4.3% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 56
Youngest age: 22
The amounts shown below represent the average income of applicants living in Barrhead who have applied for a home loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Barrhead: | $57,478.73 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($1,103.66) |
| mortgage co-applicants in Barrhead: | $40,951.58 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($274.24) |
The pie chart below shows the residential status of people living in Barrhead who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 43.5% | |
| Own: | 39.1% | |
| No Comment: | 13.0% | |
| Live with parents: | 4.3% |
The pie chart below represents the marital status of applicants from Barrhead, Alberta using the online mortgage application found at the CanEquity web site. In Barrhead, approximately 78% of the mortgage applicants are living common-law or married, while only 21% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 65.2% | |
| Single: | 17.4% | |
| Common-law: | 13.0% | |
| Divorced: | 4.3% |
