Last report update for Brooks: Monday, June 30, 2008
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Brooks Mortgage
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Related Links:
Bassano
Medicine Hat
Ralston
Redcliff
Rosemary
Strathmore
Suffield
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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
2008: * 8.96% * 0.02%
2007: 25.37% 0.06%
2006: 11.94% 0.03%
2005: 16.42% 0.04%
2004: 13.43% 0.03%
2003: 13.43% 0.03%
2002: 10.45% 0.02%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 16.42% and 0.03% respectively. ** Total national contribution of Brooks mortgages in the past is currently 0.22% with a projected target of 0.23%.

Busy Months for Mortgage Inquiries within Brooks

The following bar graph displays the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Brooks mostly occur during our second quarter (represented by the green bars) with 43.28% while our slowest is the third quarter (represented by the blue bars) with 11.94%.

RankMonth Percentage
of Inquiries
1: May: 23.9%
2: February: 14.9%
3: June: 10.4%
4: November: 9.0%
5: April: 9.0%
6: September: 9.0%
7: December: 7.5%
8: January: 6.0%
9: March: 6.0%
10: July: 1.5%
11: August: 1.5%
12: October: 1.5%
Busy Months Report for Brooks Mortgages

Busy Days for Applications within Brooks

The bar graph listed below plots the busy days for mortgage inquiries that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Brooks the busiest day of the week, with 20.90% of all applications, is Monday. In comparison, Friday's are the slowest day with only 7.46% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 20.9%
2: Wednesday: 19.4%
3: Thursday: 17.9%
4: Tuesday: 13.4%
5: Saturday: 11.9%
6: Sunday: 9.0%
7: Friday: 7.5%
Busy Days Report for Brooks Mortgages

Peak Hours for Originated Mortgages within Brooks

Brooks mortgage applications are received 24 hours a day from the CanEquity web site. The time periods below represents the peak hours over 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: 1.5%
03:00 to 03:59: 1.5%
07:00 to 07:59: 3.0%
08:00 to 08:59: 1.5%
09:00 to 09:59: 1.5%
10:00 to 10:59: 4.5%
11:00 to 11:59: 9.0%
12:00 to 12:59: 3.0%
13:00 to 13:59: 7.5%
14:00 to 14:59: 6.0%
15:00 to 15:59: 11.9%
16:00 to 16:59: 1.5%
17:00 to 17:59: 7.5%
18:00 to 18:59: 4.5%
19:00 to 19:59: 4.5%
20:00 to 20:59: 7.5%
21:00 to 21:59: 7.5%
22:00 to 22:59: 11.9%
23:00 to 23:59: 4.5%
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 21.08%
British Columbia: 11.39%
Manitoba: 2.10%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.16%
Nova Scotia: 2.80%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario: 48.59%
Prince Edward Island: 0.38%
Quebec: 3.80%
Saskatchewan: 5.56%
Yukon Territories: 0.21%
Brooks Mortgages

Current City Standing within Alberta


Location Contribution
006:  LETHBRIDGE, AB 0.425%
007:  GRANDE PRAIRIE, AB 0.364%
008:  MEDICINE HAT, AB 0.313%
009:  ST ALBERT, AB 0.296%
010:  AIRDRIE, AB 0.267%
011:  BROOKS, AB 0.216%
012:  SPRUCE GROVE, AB 0.200%
013:  OKOTOKS, AB 0.187%
014:  WHITECOURT, AB 0.145%
015:  STONY PLAIN, AB 0.129%
016:  WETASKIWIN, AB 0.116%

Nearest Settlements


1Rosemary, Alberta
2Bassano, Alberta
3Ralston, Alberta
4Vauxhall, Alberta
5Suffield, Alberta
6Redcliff, Alberta
7Medicine Hat, Alberta
8Strathmore, Alberta


Product Popularity for Brooks


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 28.4%
First-time Buyer: 26.9%
Refinance: 17.9%
No Money Down: 16.4%
Pre-approval: 4.5%
Purchase: 3.0%
Renewal: 1.5%
Investment: 1.5%
 
Total Application Types Found: 8
 Brooks Mortgage Product Popularity Pie Chart

Age Demographics for Brooks Based Mortgages

Average age: 31
Oldest age: 57
Youngest age: 20


Incomes for Brooks Based Mortgages

The information below represents the average income of people living in Brooks who have applied for a mortgage loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Brooks: $65,230.23
applicants within all of Canada: $56,539.94
Difference: $8,690.28
  
mortgage co-applicants in Brooks: $34,625.12
co-applicants within all of Canada: $39,480.41
Difference: ($4,855.29)

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

Residential Status for Brooks Mortgages

The information shown below represents the residential status of people living in Brooks who have submitted an inquiry using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 44.8%
Own: 41.8%
No Comment: 10.4%
Live with parents: 3.0%
Brooks Residential Status Pie Chart

Marital Stats for Brooks Mortgages

The following information represents the marital status of applicants from Brooks, Alberta using the mortgage preapproval application located at canequity.com. In Brooks, 61% of the mortgage applicants are living with someone, while only 38% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 47.8%
Single: 32.8%
Common-law: 13.4%
Divorced: 3.0%
Separated: 3.0%
Brooks Marital Status Pie Chart