Cochrane Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2007: | 26.67% | 0.03% |
| 2006: | 16.67% | 0.02% |
| 2005: | 30.00% | 0.03% |
| 2003: | 16.67% | 0.02% |
| 2002: | 10.00% | 0.01% |
The graph below plots the busy days for mortgage applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Cochrane the most busy day of the week, with 23.33% of all inquiries, is Wednesday. In comparison, Sunday's are the slowest day with only 10.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 23.3% | |
| 2: | Monday: | 20.0% | |
| 3: | Thursday: | 13.3% | |
| 4: | Saturday: | 13.3% | |
| 5: | Tuesday: | 10.0% | |
| 6: | Friday: | 10.0% | |
| 7: | Sunday: | 10.0% |
Applications are received 24 hours a day via the CanEquity web site. The time periods below indicates the busy 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: | 3.3% |
| 08:00 to 08:59: | 6.7% |
| 10:00 to 10:59: | 13.3% |
| 11:00 to 11:59: | 10.0% |
| 12:00 to 12:59: | 10.0% |
| 13:00 to 13:59: | 3.3% |
| 14:00 to 14:59: | 13.3% |
| 15:00 to 15:59: | 6.7% |
| 16:00 to 16:59: | 3.3% |
| 17:00 to 17:59: | 10.0% |
| 18:00 to 18:59: | 6.7% |
| 21:00 to 21:59: | 6.7% |
| 22:00 to 22:59: | 3.3% |
| 23:00 to 23:59: | 3.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.48% |
| 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: | 0.35% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 016: | CANMORE, AB | 0.113% |
| 017: | COLD LAKE, AB | 0.113% |
| 018: | WETASKIWIN, AB | 0.109% |
| 019: | FORT SASKATCHEWAN, AB | 0.103% |
| 020: | EDSON, AB | 0.103% |
| 021: | COCHRANE, AB | 0.099% |
| 022: | OLDS, AB | 0.099% |
| 023: | SYLVAN LAKE, AB | 0.099% |
| 024: | LLOYDMINSTER, AB | 0.096% |
| 025: | LACOMBE, AB | 0.093% |
| 026: | HIGH RIVER, AB | 0.093% |
| 1 | Calgary, Alberta |
| 2 | Balzac, Alberta |
| 3 | Airdrie, Alberta |
| 4 | Lac Des Arcs, Alberta |
| 5 | Bragg Creek, Alberta |
| 6 | Crossfield, Alberta |
| 7 | Didsbury, Alberta |
| 8 | Sundre, Alberta |
| 9 | De Winton, Alberta |
| 10 | Canmore, Alberta |
| 11 | Olds, Alberta |
| 12 | Bowden, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 26.7% | |
| Qualification: | 23.3% | |
| Purchase: | 16.7% | |
| No Money Down: | 13.3% | |
| Renewal: | 6.7% | |
| First-time Buyer: | 6.7% | |
| Pre-approval: | 3.3% | |
| Variable Rate: | 3.3% | |
| Total Application Types Found: 8 | ||
Average age: 35
Oldest age: 57
Youngest age: 21
The amounts below are the average income of Canadians living in Cochrane who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Cochrane: | $56,901.70 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | $517.41 |
| mortgage co-applicants in Cochrane: | $54,392.86 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | $15,017.33 |
The information below represents the residential status of people living in Cochrane who have applied for a mortgage using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 26.7% | |
| Own: | 53.3% | |
| Other: | 6.7% | |
| No Comment: | 6.7% | |
| Live with parents: | 6.7% |
The following table and pie chart represents the marital status of applicants from Cochrane, Alberta using the mortgage application found on the CanEquity Mortgage web site. Over 76% of the mortgage applicants are living with someone, while only 23% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Common-law: | 26.7% | |
| Single: | 23.3% |
