Last report update for Brooks: Tuesday, June 30, 2009
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Brooks Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from Brooks

Year Year to Year
Comparison
** National
Contribution
2009: * 7.69% * 0.02%
2008: 14.10% 0.03%
2007: 21.80% 0.04%
2006: 10.26% 0.02%
2005: 14.10% 0.03%
2004: 11.54% 0.02%
2003: 11.54% 0.02%
2002: 8.97% 0.02%

Note: * These values are the percentages up to Tuesday, June 30, 2009. Estimated volume targets for the entire 2009 year are 14.10% and 0.03% respectively. ** Total national contribution of Brooks mortgages in the past is currently 0.21% with a projected target of 0.22%.

Busy Months for Online Mortgages within Brooks

The following bar graph illustrates the volumes of mortgage 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 41.03% while our slowest is the third quarter (represented by the blue bars) with 14.10%.

RankMonth Percentage
of Inquiries
1: May: 21.8%
2: February: 12.8%
3: June: 10.3%
4: April: 9.0%
5: September: 9.0%
6: November: 7.7%
7: December: 7.7%
8: March: 7.7%
9: January: 6.4%
10: July: 2.6%
11: August: 2.6%
12: October: 2.6%
Busy Months Report for Brooks Mortgages

Busy Days for Online Mortgages within Brooks

The information listed below plots the busy days for mortgage inquiries that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Brooks the busiest day of the week, with 20.51% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 7.69% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 20.5%
2: Thursday: 19.2%
3: Wednesday: 17.9%
4: Tuesday: 15.4%
5: Saturday: 10.3%
6: Sunday: 9.0%
7: Friday: 7.7%
Busy Days Report for Brooks Mortgages

Peak Hours for Mortgage Applicants within Brooks

Mortgage inquiries are received 24 hours a day from the CanEquity web site. The information shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 21.8% of all mortgages are received before noon, while 76.9% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 1.3%
03:00 to 03:59: 1.3%
04:00 to 04:59: 1.3%
07:00 to 07:59: 2.6%
08:00 to 08:59: 1.3%
09:00 to 09:59: 1.3%
10:00 to 10:59: 5.1%
11:00 to 11:59: 9.0%
12:00 to 12:59: 2.6%
13:00 to 13:59: 6.4%
14:00 to 14:59: 5.1%
15:00 to 15:59: 10.3%
16:00 to 16:59: 1.3%
17:00 to 17:59: 10.3%
18:00 to 18:59: 3.8%
19:00 to 19:59: 5.1%
20:00 to 20:59: 9.0%
21:00 to 21:59: 6.4%
22:00 to 22:59: 10.3%
23:00 to 23:59: 6.4%
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 21.30%
British Columbia: 10.98%
Manitoba: 2.11%
New Brunswick: 2.03%
Newfoundland and Labrador: 1.13%
Nova Scotia: 2.79%
Northwest Territories: 0.32%
Nunavut: 0.09%
Ontario: 48.98%
Prince Edward Island: 0.40%
Quebec: 3.87%
Saskatchewan: 5.19%
Yukon Territories: 0.22%
Brooks Mortgages

Current City Standing within Alberta


Location Contribution
007:  GRANDE PRAIRIE, AB 0.353%
008:  MEDICINE HAT, AB 0.318%
009:  ST ALBERT, AB 0.316%
010:  AIRDRIE, AB 0.276%
011:  SPRUCE GROVE, AB 0.212%
012:  BROOKS, AB 0.207%
013:  OKOTOKS, AB 0.188%
014:  WHITECOURT, AB 0.154%
015:  STONY PLAIN, AB 0.138%
016:  COLD LAKE, AB 0.135%
017:  SYLVAN LAKE, AB 0.130%

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: 26.9%
Qualification: 25.6%
No Money Down: 19.2%
Refinance: 16.7%
Pre-approval: 3.8%
Renewal: 3.8%
Purchase: 2.6%
Investment: 1.3%
 
Total Application Types Found: 8
 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 amounts below are 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: $65,077.34
applicants within all of Canada: $57,862.36
Difference: $7,214.98
  
mortgage co-applicants in Brooks: $31,981.35
co-applicants within all of Canada: $40,715.88
Difference: ($8,734.53)

Note: Commercial loan amounts were not included for this survey, only residential loans amounts from Brooks, Alberta were used.

Residential Status for Brooks Applicants

The chart and pie-graph below depicts the residential status of people living in Brooks who have submitted an inquiry using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 47.4%
Own: 41.0%
No Comment: 9.0%
Live with parents: 2.6%
Brooks Residential Status Pie Chart

Marital Statistics 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, 62% of the mortgage applicants are living together with someone, while only 37% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 43.6%
Single: 30.8%
Common-law: 19.2%
Separated: 3.8%
Divorced: 2.6%
Brooks Marital Status Pie Chart