Devon Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 10.00% | * 0.01% |
| 2009: | 20.00% | 0.01% |
| 2008: | 15.00% | 0.01% |
| 2007: | 30.00% | 0.01% |
| 2004: | 15.00% | 0.01% |
| 2003: | 5.00% | 0.00% |
| 2002: | 5.00% | 0.00% |
Mortgage inquiries are received 24 hours a day on the CanEquity web site. The graph shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years. Only 30.0% of all mortgages are received during the morning, while 60.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 10.0% |
| 04:00 to 04:59: | 5.0% |
| 07:00 to 07:59: | 5.0% |
| 08:00 to 08:59: | 10.0% |
| 11:00 to 11:59: | 10.0% |
| 12:00 to 12:59: | 15.0% |
| 14:00 to 14:59: | 5.0% |
| 15:00 to 15:59: | 10.0% |
| 20:00 to 20:59: | 15.0% |
| 22:00 to 22:59: | 15.0% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 039: | BARRHEAD, AB | 0.054% |
| 040: | ATHABASCA, AB | 0.052% |
| 041: | HIGH PRAIRIE, AB | 0.052% |
| 042: | DRUMHELLER, AB | 0.049% |
| 043: | PONOKA, AB | 0.049% |
| 044: | DEVON, AB | 0.047% |
| 045: | REDCLIFF, AB | 0.047% |
| 046: | BONNYVILLE, AB | 0.045% |
| 047: | STETTLER, AB | 0.045% |
| 048: | VEGREVILLE, AB | 0.042% |
| 049: | GRANDE CACHE, AB | 0.042% |
| 1 | Beaumont, Alberta |
| 2 | Stony Plain, Alberta |
| 3 | Calmar, Alberta |
| 4 | Spruce Grove, Alberta |
| 5 | Leduc, Alberta |
| 6 | Carvel, Alberta |
| 7 | Edmonton, Alberta |
| 8 | Thorsby, Alberta |
| 9 | Lancaster Park, Alberta |
| 10 | Warburg, Alberta |
| 11 | Sherwood Park, Alberta |
| 12 | St Albert, Alberta |
| 13 | Breton, Alberta |
| 14 | Alberta Beach, Alberta |
| 15 | Millet, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.0% | |
| First-time Buyer: | 20.0% | |
| No Money Down: | 15.0% | |
| Refinance: | 15.0% | |
| Renewal: | 10.0% | |
| Low Doc: | 5.0% | |
| Pre-approval: | 5.0% | |
| Purchase: | 5.0% | |
| Total Application Types Found: 8 | ||
Average age: 36
Oldest age: 57
Youngest age: 23
The figures below represent the average income of Canadians living in Devon who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Devon: | $79,220.00 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $20,637.61 |
| mortgage co-applicants in Devon: | $34,954.29 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($6,271.53) |
Since the average income of Devon is much higher than the national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Devon: | $75,000.00 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $16,417.61 |
The following depicts the residential status of people living in Devon who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.0% | |
| Own: | 45.0% | |
| No Comment: | 5.0% | |
| Live with parents: | 10.0% |
The information below shows the marital status of applicants from Devon, Alberta using the mortgage application located at canequity.com. Approximately 75% of the mortgage applicants are living with someone, while only 25% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 40.0% | |
| Common-law: | 35.0% | |
| Single: | 25.0% |
