Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 12.50% | 0.00% |
| 2010: | 12.50% | 0.00% |
| 2009: | 12.50% | 0.00% |
| 2005: | 37.50% | 0.01% |
| 2004: | 12.50% | 0.00% |
| 2002: | 12.50% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 099: | MYRNAM, AB | 0.017% |
| 100: | GRIMSHAW, AB | 0.017% |
| 101: | VULCAN, AB | 0.015% |
| 102: | PICTURE BUTTE, AB | 0.015% |
| 103: | SEXSMITH, AB | 0.015% |
| 104: | BRAGG CREEK, AB | 0.015% |
| 105: | BLACKIE, AB | 0.015% |
| 106: | RAYMOND, AB | 0.015% |
| 107: | LAKE LOUISE, AB | 0.015% |
| 108: | VIKING, AB | 0.013% |
| 109: | VALLEYVIEW, AB | 0.013% |
| 1 | Okotoks, Alberta |
| 2 | De Winton, Alberta |
| 3 | Cochrane, Alberta |
| 4 | Calgary, Alberta |
| 5 | Turner Valley, Alberta |
| 6 | Aldersyde, Alberta |
| 7 | Balzac, Alberta |
| 8 | Airdrie, Alberta |
| 9 | Black Diamond, Alberta |
| 10 | Crossfield, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 37.5% | |
| No Money Down: | 25.0% | |
| Refinance: | 12.5% | |
| Qualification: | 12.5% | |
| Pre-approval: | 12.5% | |
| Total Application Types Found: 5 | ||
Average age: 45
Oldest age: 52
Youngest age: 35
The information below represents the average income of applicants living in Bragg Creek who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bragg Creek: | $97,125.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $37,626.53 |
| mortgage co-applicants in Bragg Creek: | $63,160.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $20,756.87 |
Since the average income of Bragg Creek is notability higher than our Canadian national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Bragg Creek: | $84,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $24,501.53 |
The table and pie chart below represents the residential status of people living in Bragg Creek who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 25.0% | |
| Own: | 62.5% | |
| No Comment: | 12.5% |
The following pie chart represents the marital status of applicants from Bragg Creek, Alberta using the online mortgage application found at the CanEquity web site. In Bragg Creek, over 87% of the mortgage applicants are living with someone, while only 12% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 87.5% | |
| Single: | 12.5% |
