Cold Lake Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 17.65% | * 0.02% |
| 2007: | 17.65% | 0.02% |
| 2006: | 14.71% | 0.02% |
| 2005: | 14.71% | 0.02% |
| 2004: | 2.94% | 0.00% |
| 2003: | 17.65% | 0.02% |
| 2002: | 14.71% | 0.02% |
The information listed below shows the busy days for Internet applications that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Cold Lake the busiest day, with 17.65% of all applications, is Tuesday. In comparison, Sunday's are the slowest day with only 8.82% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 17.6% | |
| 2: | Wednesday: | 17.6% | |
| 3: | Thursday: | 17.6% | |
| 4: | Friday: | 14.7% | |
| 5: | Saturday: | 14.7% | |
| 6: | Monday: | 8.8% | |
| 7: | Sunday: | 8.8% |
In Cold Lake, mortgages are received 24 hours a day on our web site. The following represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 23.5% of all mortgages are received during the morning, while 73.5% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.9% |
| 03:00 to 03:59: | 2.9% |
| 09:00 to 09:59: | 2.9% |
| 10:00 to 10:59: | 5.9% |
| 11:00 to 11:59: | 11.8% |
| 12:00 to 12:59: | 8.8% |
| 13:00 to 13:59: | 8.8% |
| 14:00 to 14:59: | 2.9% |
| 15:00 to 15:59: | 2.9% |
| 16:00 to 16:59: | 17.6% |
| 17:00 to 17:59: | 11.8% |
| 18:00 to 18:59: | 2.9% |
| 20:00 to 20:59: | 5.9% |
| 21:00 to 21:59: | 2.9% |
| 22:00 to 22:59: | 2.9% |
| 23:00 to 23:59: | 5.9% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 012: | SPRUCE GROVE, AB | 0.198% |
| 013: | OKOTOKS, AB | 0.179% |
| 014: | WHITECOURT, AB | 0.145% |
| 015: | STONY PLAIN, AB | 0.126% |
| 016: | CANMORE, AB | 0.112% |
| 017: | COLD LAKE, AB | 0.112% |
| 018: | WETASKIWIN, AB | 0.109% |
| 019: | FORT SASKATCHEWAN, AB | 0.102% |
| 020: | EDSON, AB | 0.102% |
| 021: | COCHRANE, AB | 0.099% |
| 022: | OLDS, AB | 0.099% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 29.4% | |
| Qualification: | 26.5% | |
| Refinance: | 20.6% | |
| No Money Down: | 8.8% | |
| Renewal: | 5.9% | |
| Purchase: | 2.9% | |
| Home Renovation: | 2.9% | |
| Long Term Fixed: | 2.9% | |
| Total Application Types Found: 8 | ||
Average age: 36
Oldest age: 59
Youngest age: 22
The figures below represent the average income of people living in Cold Lake who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Cold Lake: | $51,818.15 |
| applicants within all of Canada: | $56,395.43 |
| Difference: | ($4,577.28) |
| mortgage co-applicants in Cold Lake: | $36,062.69 |
| co-applicants within all of Canada: | $39,386.13 |
| Difference: | ($3,323.43) |
The following table represents the residential status of people living in Cold Lake who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 55.9% | |
| Own: | 26.5% | |
| No Comment: | 17.6% |
The following table and pie chart represents the marital status of applicants from Cold Lake, Alberta using the mortgage application found on canequity.com. In Cold Lake, over 79% of the mortgage applicants are living with someone, while only 20% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 61.8% | |
| Common-law: | 17.6% | |
| Single: | 11.8% | |
| Divorced: | 8.8% |
