Last report update for Canmore: Wednesday, March 17, 2010
Canada Mortgages
Canmore Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Banff
Cochrane
Exshaw
Lac Des Arcs
Lake Louise


Canmore Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Canmore requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Originating from Canmore

Year Year to Year
Comparison
** National
Contribution
2010: * 4.35% * 0.01%
2009: 19.57% 0.02%
2008: 6.52% 0.01%
2007: 6.52% 0.01%
2006: 21.74% 0.02%
2005: 13.04% 0.01%
2004: 8.70% 0.01%
2003: 8.70% 0.01%
2002: 10.87% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 17.39% and 0.02% respectively. ** Total national contribution of Canmore mortgages in the past is currently 0.11% with a projected target of 0.12%.

Busy Days for Online Applications within Canmore

The bar graph below illustrates the busy days for Internet mortgage applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Canmore the busiest day, with 28.26% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 4.35% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 28.3%
2: Monday: 21.7%
3: Thursday: 15.2%
4: Friday: 13.0%
5: Wednesday: 8.7%
6: Sunday: 8.7%
7: Saturday: 4.3%
Busy Days Report for Canmore Mortgages

Peak Hours for Mortgages within Canmore

Mortgage inquiries are received 24 hours a day from the CanEquity web site. The report shown below indicates the peak hours in the day. The data is taken from all days of all years. Only 19.6% of all mortgages are received before noon, while 76.1% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 4.3%
07:00 to 07:59: 2.2%
09:00 to 09:59: 6.5%
10:00 to 10:59: 6.5%
11:00 to 11:59: 4.3%
12:00 to 12:59: 8.7%
13:00 to 13:59: 6.5%
14:00 to 14:59: 17.4%
15:00 to 15:59: 8.7%
16:00 to 16:59: 6.5%
17:00 to 17:59: 2.2%
18:00 to 18:59: 8.7%
19:00 to 19:59: 2.2%
20:00 to 20:59: 2.2%
21:00 to 21:59: 2.2%
22:00 to 22:59: 6.5%
23:00 to 23:59: 4.3%
Peak Hours Graph for Mortgages in Canmore

Note: Only hours that have had mortgages from Canmore, 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%
Canmore Mortgages

Current City Standing within Alberta


Location Contribution
015:  STONY PLAIN, AB 0.148%
016:  COLD LAKE, AB 0.141%
017:  WETASKIWIN, AB 0.117%
018:  SYLVAN LAKE, AB 0.117%
019:  EDSON, AB 0.115%
020:  CANMORE, AB 0.108%
021:  LLOYDMINSTER, AB 0.106%
022:  STRATHMORE, AB 0.106%
023:  OLDS, AB 0.106%
024:  FORT SASKATCHEWAN, AB 0.099%
025:  COCHRANE, AB 0.096%

Nearest Settlements


1Lac Des Arcs, Alberta
2Exshaw, Alberta
3Banff, Alberta
4Cochrane, Alberta
5Lake Louise, Alberta


Product Popularity for Canmore


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 28.3%
First-time Buyer: 15.2%
Renewal: 15.2%
No Money Down: 10.9%
Purchase: 10.9%
Refinance: 6.5%
Low Doc: 4.3%
Second Mortgage: 4.3%
Pre-approval: 2.2%
Equity Mortgage: 2.2%
 
Total Application Types Found: 10
 Canmore Mortgage Product Popularity Pie Chart

Age Demographics for Canmore Mortgage Applicants

Average age: 38
Oldest age: 59
Youngest age: 23


Incomes for Canmore Mortgage Applicants

The numbers below represent the average income of applicants living in Canmore who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Canmore: $67,518.39
applicants within all of Canada: $58,582.39
Difference: $8,936.00
  
mortgage co-applicants in Canmore: $53,312.14
co-applicants within all of Canada: $41,225.82
Difference: $12,086.32

Note: Commercial Mortgages were not included for this section, only home loans from Canmore, Alberta were used.

Residential Status for Canmore Mortgages

The table and pie chart below represents the residential status of people living in Canmore who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 41.3%
Other: 2.2%
No Comment: 6.5%
Canmore Residential Status Pie Chart

Marital Status for Canmore Mortgages

The following table and pie chart represents the marital status of applicants from Canmore, Alberta using the mortgage preapproval application found at the CanEquity web site. Approximately 58% of the mortgage applicants are either married or living common-law, while only 41% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 34.8%
Married: 32.6%
Common-law: 26.1%
Separated: 6.5%
Canmore Marital Status Pie Chart