Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Cold Lake: Wednesday, September 8, 2010   
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Cold Lake Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Cold Lake

Year Year to Year
Comparison
** National
Contribution
2010: * 21.92% * 0.04%
2009: 21.92% 0.04%
2008: 17.81% 0.03%
2007: 8.22% 0.01%
2006: 6.85% 0.01%
2005: 6.85% 0.01%
2004: 1.37% 0.00%
2003: 8.22% 0.01%
2002: 6.85% 0.01%

Note: * These values are the percentages up to Wednesday, September 8, 2010. Estimated volume targets for the entire 2010 year are 28.77% and 0.05% respectively. ** Total national contribution of Cold Lake mortgages in the past is currently 0.16% with a projected target of 0.17%.

Busy Months for Mortgages Originating within Cold Lake

The 6-year bar graph below displays the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Cold Lake mostly occur during our second quarter (represented by the green bars) with 43.84% while our slowest is the fourth quarter (represented by the red bars) with 13.70%.

RankMonth Percentage
of Inquiries
1: April: 21.9%
2: May: 16.4%
3: January: 8.2%
4: February: 8.2%
5: July: 8.2%
6: August: 8.2%
7: March: 6.8%
8: November: 5.5%
9: June: 5.5%
10: October: 5.5%
11: December: 2.7%
12: September: 2.7%
Busy Months Report for Cold Lake Mortgages

Busy Days for Applications within Cold Lake

The graph listed below displays the busy days for online inquiries that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Cold Lake, the day with the most volume, having more than 17.81% of all applications, is Friday. In comparison, Sunday's are the slowest day with only 6.85% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Friday: 17.8%
2: Monday: 16.4%
3: Tuesday: 16.4%
4: Wednesday: 15.1%
5: Thursday: 15.1%
6: Saturday: 12.3%
7: Sunday: 6.8%
Busy Days Report for Cold Lake Mortgages

Peak Hours for Mortgages within Cold Lake

In Cold Lake, applications are received 24 hours a day on the CanEquity web site. The report shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 26.0% of all mortgages are received during the morning, while 71.2% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 2.7%
03:00 to 03:59: 1.4%
06:00 to 06:59: 1.4%
08:00 to 08:59: 1.4%
09:00 to 09:59: 5.5%
10:00 to 10:59: 5.5%
11:00 to 11:59: 11.0%
12:00 to 12:59: 5.5%
13:00 to 13:59: 8.2%
14:00 to 14:59: 4.1%
15:00 to 15:59: 9.6%
16:00 to 16:59: 11.0%
17:00 to 17:59: 8.2%
18:00 to 18:59: 2.7%
19:00 to 19:59: 4.1%
20:00 to 20:59: 9.6%
21:00 to 21:59: 2.7%
22:00 to 22:59: 2.7%
23:00 to 23:59: 2.7%
Peak Hours Graph for Mortgages in Cold Lake

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

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.20%
British Columbia: 10.79%
Manitoba: 2.11%
New Brunswick: 2.19%
Newfoundland and Labrador: 1.17%
Nova Scotia: 3.03%
Northwest Territories: 0.32%
Nunavut: 0.09%
Ontario: 48.60%
Prince Edward Island: 0.47%
Quebec: 4.12%
Saskatchewan: 5.02%
Yukon Territories: 0.29%
Cold Lake Mortgages

Current City Standing within Alberta


Location Contribution
009:  MEDICINE HAT, AB 0.294%
010:  AIRDRIE, AB 0.276%
011:  OKOTOKS, AB 0.263%
012:  SPRUCE GROVE, AB 0.219%
013:  BROOKS, AB 0.197%
014:  COLD LAKE, AB 0.160%
015:  WHITECOURT, AB 0.156%
016:  STONY PLAIN, AB 0.151%
017:  EDSON, AB 0.121%
018:  LLOYDMINSTER, AB 0.118%
019:  WETASKIWIN, AB 0.116%

Nearest Settlements


1Ardmore, Alberta
2Bonnyville, Alberta
3Glendon, Alberta
4St Paul, Alberta


Product Popularity for Cold Lake


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 26.0%
No Money Down: 24.7%
First-time Buyer: 21.9%
Refinance: 13.7%
Renewal: 6.8%
Purchase: 4.1%
Long Term Fixed: 1.4%
Home Renovation: 1.4%
 
Total Application Types Found: 8
 Cold Lake Mortgage Product Popularity Pie Chart

Age Demographics for Cold Lake Mortgages

Average age: 33
Oldest age: 59
Youngest age: 20


Incomes for Cold Lake Mortgages

The amounts shown below represent the average income of Canadians living in Cold Lake who have applied for a loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Cold Lake: $58,097.31
applicants within all of Canada: $58,945.88
Difference: ($848.57)
  
mortgage co-applicants in Cold Lake: $36,050.08
co-applicants within all of Canada: $41,522.27
Difference: ($5,472.19)

Note: Commercial Mortgages were not included for this survey, only residential mortgages were used.

Residential Status for Cold Lake Mortgages

The following depicts the residential status of people living in Cold Lake who have submitted an inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 68.5%
Own: 23.3%
No Comment: 8.2%
Cold Lake Residential Status Pie Chart

Marital Statistics for Cold Lake Mortgages

The following information represents the marital status of applicants from Cold Lake, Alberta using the mortgage application located at canequity.com. Approximately 65% of the mortgage applicants are either married or living common-law, while only 34% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.7%
Single: 28.8%
Common-law: 15.1%
Divorced: 5.5%
Cold Lake Marital Status Pie Chart