Last report update for Camrose: Thursday, May 15, 2008
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Related Links:
Ardrossan
Bawlf
Edberg
Kingman
Ponoka
Sedgewick
Sherwood Park
Tofield
Vegreville
Wetaskiwin

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Camrose Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Camrose

Year Year to Year
Comparison
** National
Contribution
2008: * 15.00% * 0.01%
2007: 35.00% 0.02%
2006: 5.00% 0.00%
2005: 20.00% 0.01%
2004: 10.00% 0.01%
2003: 5.00% 0.00%
2002: 10.00% 0.01%

Note: * These values are the percentages up to Thursday, May 15, 2008. Estimated volume targets for the entire 2008 year are 35.00% and 0.02% respectively. ** Total national contribution of Camrose mortgages in the past is currently 0.07% with a projected target of 0.08%.

Peak Hours for Applicants within Camrose

In Camrose, mortgage applications are received 24 hours a day via the CanEquity web site. The following indicates the peak hours in the day. The data is taken from all days of all years. Only 30.0% of all mortgages are received during the morning, while 70.0% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
05:00 to 05:59: 5.0%
10:00 to 10:59: 10.0%
11:00 to 11:59: 15.0%
13:00 to 13:59: 10.0%
14:00 to 14:59: 5.0%
15:00 to 15:59: 10.0%
17:00 to 17:59: 5.0%
18:00 to 18:59: 5.0%
20:00 to 20:59: 10.0%
21:00 to 21:59: 20.0%
22:00 to 22:59: 5.0%
Peak Hours Graph for Mortgages in Camrose

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

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.01%
British Columbia: 11.47%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario: 48.62%
Prince Edward Island: 0.36%
Quebec: 3.79%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Camrose Mortgages

Current City Standing within Alberta


Location Contribution
029:  SLAVE LAKE, AB 0.079%
030:  LEDUC, AB 0.073%
031:  PEACE RIVER, AB 0.069%
032:  HINTON, AB 0.069%
033:  BEAUMONT, AB 0.069%
034:  CAMROSE, AB 0.066%
035:  INNISFAIL, AB 0.066%
036:  DRAYTON VALLEY, AB 0.066%
037:  DRUMHELLER, AB 0.063%
038:  PONOKA, AB 0.056%
039:  CHESTERMERE, AB 0.053%

Nearest Settlements


1Kingman, Alberta
2Bawlf, Alberta
3Tofield, Alberta
4Edberg, Alberta
5Wetaskiwin, Alberta
6Ponoka, Alberta
7Ardrossan, Alberta
8Vegreville, Alberta
9Sherwood Park, Alberta
10Sedgewick, Alberta
11Beaumont, Alberta
12Millet, Alberta
13Viking, Alberta
14Bentley, Alberta


Product Popularity for Camrose


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 35.0%
No Money Down: 25.0%
Qualification: 20.0%
Refinance: 10.0%
Purchase: 10.0%
 
Total Application Types Found: 5
 Camrose Mortgage Product Popularity Pie Chart

Age Demographics for Camrose Applicants

Average age: 34
Oldest age: 53
Youngest age: 21


Incomes for Camrose Applicants

The amounts shown below represent the average income of applicants living in Camrose who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Camrose: $49,137.85
applicants within all of Canada: $56,395.43
Difference: ($7,257.58)
  
mortgage co-applicants in Camrose: $30,360.33
co-applicants within all of Canada: $39,386.13
Difference: ($9,025.79)

Note: Commercial loan amounts were not included for this section, only residential loans were used.

Residential Status for Camrose Mortgage Applicants

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 55.0%
Own: 25.0%
No Comment: 20.0%
Camrose Residential Status Pie Chart

Marital Status for Camrose Mortgage Applicants

The information below shows the marital status of applicants from Camrose, Alberta using the preapproval application located at canequity.com. Over 50% of the mortgage applicants are living with someone, while only 50% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 35.0%
Married: 35.0%
Divorced: 15.0%
Common-law: 15.0%
Camrose Marital Status Pie Chart