Last report update for Brooks: Sunday, February 7, 2010
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Brooks Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Brooks

Year Year to Year
Comparison
** National
Contribution
2010: * 4.76% * 0.01%
2009: 9.52% 0.02%
2008: 13.10% 0.03%
2007: 20.24% 0.04%
2006: 9.52% 0.02%
2005: 13.10% 0.03%
2004: 10.71% 0.02%
2003: 10.71% 0.02%
2002: 8.33% 0.02%

Note: * These values are the percentages up to Sunday, February 7, 2010. Estimated volume targets for the entire 2010 year are 41.67% and 0.09% respectively. ** Total national contribution of Brooks mortgages in the past is currently 0.20% with a projected target of 0.28%.

Busy Months for Mortgages Originating within Brooks

The following depicts the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Brooks occur during our second quarter (represented by the green bars) with 38.10% while our slowest is the third quarter (represented by the blue bars) with 14.29%.

RankMonth Percentage
of Inquiries
1: May: 20.2%
2: February: 11.9%
3: January: 10.7%
4: June: 9.5%
5: April: 8.3%
6: September: 8.3%
7: November: 7.1%
8: December: 7.1%
9: March: 7.1%
10: August: 3.6%
11: October: 3.6%
12: July: 2.4%
Busy Months Report for Brooks Mortgages

Busy Days for Online Mortgages within Brooks

The graph below displays the busy days for online inquiries that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Brooks, the day with the most volume, generating 20.24% of all submissions, is Monday. In comparison, Sunday's are the slowest day with only 8.33% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 20.2%
2: Thursday: 20.2%
3: Wednesday: 17.9%
4: Tuesday: 15.5%
5: Saturday: 9.5%
6: Friday: 8.3%
7: Sunday: 8.3%
Busy Days Report for Brooks Mortgages

Peak Hours for Mortgage Applicants within Brooks

In Brooks, applications are received 24 hours a day via the CanEquity web site. The graph shown below indicates 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
01:00 to 01:59: 1.2%
03:00 to 03:59: 1.2%
04:00 to 04:59: 1.2%
07:00 to 07:59: 2.4%
08:00 to 08:59: 1.2%
09:00 to 09:59: 1.2%
10:00 to 10:59: 4.8%
11:00 to 11:59: 8.3%
12:00 to 12:59: 2.4%
13:00 to 13:59: 7.1%
14:00 to 14:59: 6.0%
15:00 to 15:59: 9.5%
16:00 to 16:59: 1.2%
17:00 to 17:59: 10.7%
18:00 to 18:59: 3.6%
19:00 to 19:59: 4.8%
20:00 to 20:59: 8.3%
21:00 to 21:59: 8.3%
22:00 to 22:59: 9.5%
23:00 to 23:59: 7.1%
Peak Hours Graph for Mortgages in Brooks

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

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.14%
British Columbia: 10.92%
Manitoba: 2.10%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.89%
Northwest Territories: 0.31%
Nunavut: 0.09%
Ontario: 48.84%
Prince Edward Island: 0.43%
Quebec: 4.05%
Saskatchewan: 5.08%
Yukon Territories: 0.25%
Brooks Mortgages

Current City Standing within Alberta


Location Contribution
008:  ST ALBERT, AB 0.316%
009:  MEDICINE HAT, AB 0.307%
010:  AIRDRIE, AB 0.273%
011:  OKOTOKS, AB 0.223%
012:  SPRUCE GROVE, AB 0.213%
013:  BROOKS, AB 0.201%
014:  WHITECOURT, AB 0.153%
015:  STONY PLAIN, AB 0.144%
016:  COLD LAKE, AB 0.139%
017:  SYLVAN LAKE, AB 0.120%
018:  EDSON, AB 0.117%

Nearest Settlements


1Tilley, Alberta
2Rosemary, Alberta
3Bassano, Alberta
4Ralston, Alberta
5Milo, Alberta
6Vauxhall, Alberta
7Suffield, Alberta
8Redcliff, Alberta
9Strathmore, Alberta
10Medicine Hat, Alberta
11Bow Island, Alberta


Product Popularity for Brooks


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 26.2%
Qualification: 23.8%
No Money Down: 22.6%
Refinance: 15.5%
Pre-approval: 3.6%
Renewal: 3.6%
Purchase: 2.4%
Low Doc: 1.2%
Investment: 1.2%
 
Total Application Types Found: 9
 Brooks Mortgage Product Popularity Pie Chart

Age Demographics for Brooks Mortgage Applicants

Average age: 32
Oldest age: 60
Youngest age: 20


Incomes for Brooks Mortgage Applicants

The following depicts the average income of Canadians living in Brooks who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Brooks: $64,620.34
applicants within all of Canada: $58,448.42
Difference: $6,171.92
  
mortgage co-applicants in Brooks: $31,981.35
co-applicants within all of Canada: $41,110.46
Difference: ($9,129.11)

Note: Commercial Mortgage loans were not included for this report, only residential mortgage loans from Brooks, Alberta were used.

Residential Status for Brooks Applicants

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 38.1%
Other: 1.2%
No Comment: 8.3%
Live with parents: 2.4%
Brooks Residential Status Pie Chart

Marital Status for Brooks Applicants

The following table and pie chart represents the marital status of applicants from Brooks, Alberta using the mortgage preapproval application found at canequity.com. In Brooks, approximately 60% of the mortgage applicants are either married or living common-law, while only 39% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 40.5%
Single: 33.3%
Common-law: 20.2%
Separated: 3.6%
Divorced: 2.4%
Brooks Marital Status Pie Chart