Last report update for Barrhead: Monday, July 7, 2008
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Barrhead Mortgage
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Related Links:
Evansburg
Onoway
Sangudo
Swan Hills
Westlock

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Barrhead Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Barrhead

Year Year to Year
Comparison
** National
Contribution
2008: * 28.57% * 0.01%
2007: 35.71% 0.02%
2006: 7.14% 0.00%
2005: 7.14% 0.00%
2003: 14.29% 0.01%
2002: 7.14% 0.00%

Note: * These values are the percentages up to Monday, July 7, 2008. Estimated volume targets for the entire 2008 year are 50.00% and 0.02% respectively. ** Total national contribution of Barrhead mortgages in the past is currently 0.04% with a projected target of 0.05%.

Current City Standing within Alberta


Location Contribution
041:  ATHABASCA, AB 0.051%
042:  TABER, AB 0.051%
043:  HIGH PRAIRIE, AB 0.051%
044:  NANTON, AB 0.048%
045:  GRANDE CACHE, AB 0.048%
046:  BARRHEAD, AB 0.045%
047:  CLARESHOLM, AB 0.042%
048:  ST PAUL, AB 0.042%
049:  WAINWRIGHT, AB 0.042%
050:  MORINVILLE, AB 0.042%
051:  THREE HILLS, AB 0.042%

Nearest Settlements


1Swan Hills, Alberta
2Sangudo, Alberta
3Westlock, Alberta
4Evansburg, Alberta
5Onoway, Alberta


Product Popularity for Barrhead


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 21.4%
Renewal: 21.4%
No Money Down: 14.3%
Fixed Rate: 7.1%
Qualification: 7.1%
Commercial: 7.1%
Refinance: 7.1%
Purchase: 7.1%
Home Renovation: 7.1%
 
Total Application Types Found: 9
 Barrhead Mortgage Product Popularity Pie Chart

Age Demographics for Barrhead Applicants

Average age: 33
Oldest age: 50
Youngest age: 22


Incomes for Barrhead Applicants

The information below represents the average income of applicants living in Barrhead who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Barrhead: $54,478.46
applicants within all of Canada: $56,546.77
Difference: ($2,068.31)
  
mortgage co-applicants in Barrhead: $34,433.50
co-applicants within all of Canada: $39,499.08
Difference: ($5,065.58)

Note: Commercial loan amounts were not included for this report, only home loans from Barrhead, Alberta were used.

Residential Status for Barrhead Applicants

The table and pie chart below represents the residential status of people living in Barrhead who have applied for a loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 35.7%
Own: 35.7%
No Comment: 21.4%
Live with parents: 7.1%
Barrhead Residential Status Pie Chart

Marital Status for Barrhead Applicants

The information below shows the marital status of applicants from Barrhead, Alberta using the mortgage preapproval application found on the CanEquity Mortgage web site. 78% of the mortgage applicants are living together with someone, while only 21% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 64.3%
Common-law: 14.3%
Single: 14.3%
Divorced: 7.1%
Barrhead Marital Status Pie Chart