Last report update for Crossfield: Wednesday, March 17, 2010
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Crossfield Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Crossfield

Year Year to Year
Comparison
** National
Contribution
2009: 26.67% 0.01%
2008: 13.33% 0.01%
2006: 33.33% 0.01%
2005: 6.67% 0.00%
2002: 20.00% 0.01%

Note: ** Total national contribution of Crossfield mortgages in the past is currently 0.03% with a projected target of 0.03%.

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%
Crossfield Mortgages

Current City Standing within Alberta


Location Contribution
050:  NANTON, AB 0.040%
051:  ONOWAY, AB 0.040%
052:  ST PAUL, AB 0.038%
053:  MORINVILLE, AB 0.038%
054:  CLARESHOLM, AB 0.035%
055:  CROSSFIELD, AB 0.035%
056:  THREE HILLS, AB 0.035%
057:  DIDSBURY, AB 0.033%
058:  SWAN HILLS, AB 0.033%
059:  LANGDON, AB 0.033%
060:  CLAIRMONT, AB 0.031%

Nearest Settlements


1Carstairs, Alberta
2Airdrie, Alberta
3Didsbury, Alberta
4Acme, Alberta
5Cremona, Alberta
6Balzac, Alberta
7Calgary, Alberta
8Chestermere, Alberta
9Three Hills, Alberta
10Sundre, Alberta
11Cochrane, Alberta
12Olds, Alberta
13Carbon, Alberta
14Bowden, Alberta
15Strathmore, Alberta
16De Winton, Alberta
17Bragg Creek, Alberta


Product Popularity for Crossfield


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 33.3%
No Money Down: 20.0%
First-time Buyer: 20.0%
Fixed Rate: 6.7%
Refinance: 6.7%
Equity Mortgage: 6.7%
Purchase: 6.7%
 
Total Application Types Found: 7
 Crossfield Mortgage Product Popularity Pie Chart

Age Demographics for Crossfield Originated Mortgages

Average age: 34
Oldest age: 54
Youngest age: 20


Incomes for Crossfield Originated Mortgages

The following figures show the average income of applicants living in Crossfield who have applied for a mortgage loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Crossfield: $49,869.73
applicants within all of Canada: $58,582.39
Difference: ($8,712.65)
  
mortgage co-applicants in Crossfield: $33,144.20
co-applicants within all of Canada: $41,225.82
Difference: ($8,081.62)

Note: Commercial Mortgages were not included for this survey, only residential mortgage loans from Crossfield, Alberta were used.

Residential Status for Crossfield Mortgage Applicants

The information shown below represents the residential status of people living in Crossfield 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: 33.3%
Own: 33.3%
Other: 13.3%
No Comment: 20.0%
Crossfield Residential Status Pie Chart

Marital Status for Crossfield Mortgage Applicants

The following information represents the marital status of applicants from Crossfield, Alberta using the mortgage application found on the CanEquity Mortgage web site. In Crossfield, approximately 53% of the mortgage applicants are living common-law or married, while only 46% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 40.0%
Married: 33.3%
Common-law: 20.0%
Divorced: 6.7%
Crossfield Marital Status Pie Chart