Last report update for Drayton Valley: Wednesday, March 17, 2010
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Drayton Valley Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Drayton Valley

Year Year to Year
Comparison
** National
Contribution
2009: 22.22% 0.01%
2008: 3.70% 0.00%
2007: 29.63% 0.02%
2006: 14.82% 0.01%
2005: 3.70% 0.00%
2004: 11.11% 0.01%
2003: 11.11% 0.01%
2002: 3.70% 0.00%

Note: ** Total national contribution of Drayton Valley mortgages in the past is currently 0.06% with a projected target of 0.06%.

Busy Days for Mortgage Applications within Drayton Valley

The data below illustrates the busy days for Internet applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Drayton Valley the busiest day of the week, with 29.63% of all submissions, is Tuesday. In comparison, Friday's are the slowest day with only 3.70% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 29.6%
2: Thursday: 25.9%
3: Saturday: 14.8%
4: Monday: 11.1%
5: Wednesday: 7.4%
6: Sunday: 7.4%
7: Friday: 3.7%
Busy Days Report for Drayton Valley Mortgages

Peak Hours for Mortgages within Drayton Valley

Drayton Valley mortgage applications are received 24 hours a day on the CanEquity web site. The following represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 22.2% of all mortgages are received before noon, while 77.8% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
08:00 to 08:59: 11.1%
09:00 to 09:59: 3.7%
10:00 to 10:59: 3.7%
11:00 to 11:59: 3.7%
12:00 to 12:59: 14.8%
13:00 to 13:59: 7.4%
14:00 to 14:59: 3.7%
15:00 to 15:59: 7.4%
16:00 to 16:59: 7.4%
18:00 to 18:59: 14.8%
19:00 to 19:59: 11.1%
20:00 to 20:59: 7.4%
21:00 to 21:59: 3.7%
Peak Hours Graph for Mortgages in Drayton Valley

Note: Only hours that have had mortgages from Drayton Valley, Alberta are shown.

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%
Drayton Valley Mortgages

Current City Standing within Alberta


Location Contribution
032:  ROCKY MOUNTAIN HOUSE, AB 0.073%
033:  CHESTERMERE, AB 0.070%
034:  SLAVE LAKE, AB 0.066%
035:  HINTON, AB 0.066%
036:  PEACE RIVER, AB 0.063%
037:  DRAYTON VALLEY, AB 0.063%
038:  TABER, AB 0.056%
039:  BARRHEAD, AB 0.054%
040:  ATHABASCA, AB 0.052%
041:  HIGH PRAIRIE, AB 0.052%
042:  DRUMHELLER, AB 0.049%

Nearest Settlements


1Tomahawk, Alberta
2Wabamun, Alberta
3Breton, Alberta
4Warburg, Alberta


Product Popularity for Drayton Valley


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 33.3%
Qualification: 29.6%
No Money Down: 22.2%
Home Renovation: 7.4%
Purchase: 3.7%
Refinance: 3.7%
 
Total Application Types Found: 6
 Drayton Valley Mortgage Product Popularity Pie Chart

Age Demographics for Drayton Valley Mortgages

Average age: 31
Oldest age: 44
Youngest age: 22


Incomes for Drayton Valley Mortgages

The figures below represent the average income of people living in Drayton Valley who have submitted a mortgage inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Drayton Valley: $66,364.70
applicants within all of Canada: $58,582.39
Difference: $7,782.32
  
mortgage co-applicants in Drayton Valley: $63,187.63
co-applicants within all of Canada: $41,225.82
Difference: $21,961.81

Note: Commercial Mortgage loans were not included for this report, only residential loans were used.

Residential Status for Drayton Valley Mortgage Applicants

The following depicts the residential status of people living in Drayton Valley 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: 63.0%
Own: 22.2%
Other: 3.7%
No Comment: 7.4%
Live with parents: 3.7%
Drayton Valley Residential Status Pie Chart

Marital Statistics for Drayton Valley Mortgage Applicants

The following pie chart represents the marital status of applicants from Drayton Valley, Alberta using the mortgage application found on the CanEquity Mortgage web site. In Drayton Valley, 70% of the mortgage applicants are living common-law or married, while only 29% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 51.9%
Single: 25.9%
Common-law: 18.5%
Separated: 3.7%
Drayton Valley Marital Status Pie Chart