Last report update for Brooks: Wednesday, March 17, 2010
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Brooks Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Brooks

Year Year to Year
Comparison
** National
Contribution
2010: * 6.98% * 0.01%
2009: 9.30% 0.02%
2008: 12.79% 0.03%
2007: 19.77% 0.04%
2006: 9.30% 0.02%
2005: 12.79% 0.03%
2004: 10.47% 0.02%
2003: 10.47% 0.02%
2002: 8.14% 0.02%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 30.23% and 0.06% respectively. ** Total national contribution of Brooks mortgages in the past is currently 0.20% with a projected target of 0.25%.

Busy Months for Mortgage Applications within Brooks

The following represents the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Brooks seem to occur during our second quarter (represented by the green bars) with 37.21% while our slowest is the third quarter (represented by the blue bars) with 13.95%.

RankMonth Percentage
of Inquiries
1: May: 19.8%
2: February: 12.8%
3: January: 10.5%
4: June: 9.3%
5: April: 8.1%
6: March: 8.1%
7: September: 8.1%
8: November: 7.0%
9: December: 7.0%
10: August: 3.5%
11: October: 3.5%
12: July: 2.3%
Busy Months Report for Brooks Mortgages

Busy Days for Mortgage Applications within Brooks

The information below displays the busy days for mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Brooks the most busy day of the week, with 20.93% of all applications, is Thursday. In comparison, Sunday's are the slowest day with only 8.14% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Thursday: 20.9%
2: Monday: 19.8%
3: Wednesday: 18.6%
4: Tuesday: 15.1%
5: Saturday: 9.3%
6: Friday: 8.1%
7: Sunday: 8.1%
Busy Days Report for Brooks Mortgages

Peak Hours for Mortgages within Brooks

Brooks mortgage applications are received 24 hours a day on the CanEquity web site. The following represents the busy hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 2.3%
03:00 to 03:59: 1.2%
04:00 to 04:59: 1.2%
07:00 to 07:59: 2.3%
08:00 to 08:59: 1.2%
09:00 to 09:59: 1.2%
10:00 to 10:59: 4.7%
11:00 to 11:59: 8.1%
12:00 to 12:59: 2.3%
13:00 to 13:59: 7.0%
14:00 to 14:59: 5.8%
15:00 to 15:59: 10.5%
16:00 to 16:59: 1.2%
17:00 to 17:59: 10.5%
18:00 to 18:59: 3.5%
19:00 to 19:59: 4.7%
20:00 to 20:59: 8.1%
21:00 to 21:59: 8.1%
22:00 to 22:59: 9.3%
23:00 to 23:59: 7.0%
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 21.10%
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%
Brooks Mortgages

Current City Standing within Alberta


Location Contribution
008:  ST ALBERT, AB 0.315%
009:  MEDICINE HAT, AB 0.303%
010:  AIRDRIE, AB 0.268%
011:  OKOTOKS, AB 0.239%
012:  SPRUCE GROVE, AB 0.211%
013:  BROOKS, AB 0.202%
014:  WHITECOURT, AB 0.153%
015:  STONY PLAIN, AB 0.148%
016:  COLD LAKE, AB 0.141%
017:  WETASKIWIN, AB 0.117%
018:  SYLVAN LAKE, 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: 25.6%
Qualification: 23.3%
No Money Down: 22.1%
Refinance: 16.3%
Pre-approval: 4.7%
Renewal: 3.5%
Purchase: 2.3%
Low Doc: 1.2%
Investment: 1.2%
 
Total Application Types Found: 9
 Brooks Mortgage Product Popularity Pie Chart

Age Demographics for Brooks Originated Mortgages

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


Incomes for Brooks Originated Mortgages

The following figures show the average income of people living in Brooks who have submitted an inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Brooks: $64,276.33
applicants within all of Canada: $58,582.39
Difference: $5,693.94
  
mortgage co-applicants in Brooks: $31,981.35
co-applicants within all of Canada: $41,225.82
Difference: ($9,244.47)

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

Residential Status for Brooks Originated Mortgages

The information below represents the residential status of people living in Brooks who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 38.4%
Other: 1.2%
No Comment: 8.1%
Live with parents: 2.3%
Brooks Residential Status Pie Chart

Marital Status for Brooks Originated Mortgages

The following pie chart represents the marital status of applicants from Brooks, Alberta using the preapproval application found at the CanEquity web site. Approximately 61% of the mortgage applicants are living common-law or married, while only 38% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 41.9%
Single: 32.6%
Common-law: 19.8%
Separated: 3.5%
Divorced: 2.3%
Brooks Marital Status Pie Chart