Last report update for Edson: Thursday, May 15, 2008
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Edson Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Edson

Year Year to Year
Comparison
** National
Contribution
2008: * 9.68% * 0.01%
2007: 12.90% 0.01%
2006: 19.36% 0.02%
2005: 19.36% 0.02%
2004: 9.68% 0.01%
2003: 6.45% 0.01%
2002: 22.58% 0.02%

Note: * These values are the percentages up to Thursday, May 15, 2008. Estimated volume targets for the entire 2008 year are 22.58% and 0.02% respectively. ** Total national contribution of Edson mortgages in the past is currently 0.10% with a projected target of 0.12%.

Busy Days for Mortgages Received within Edson

The bar graph below plots the busy days for Internet applications that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Edson, the day with the most volume, having more than 22.58% of all applications, is Monday. In comparison, Thursday's are the slowest day with only 9.68% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 22.6%
2: Tuesday: 16.1%
3: Sunday: 16.1%
4: Wednesday: 12.9%
5: Saturday: 12.9%
6: Friday: 9.7%
7: Thursday: 9.7%
Busy Days Report for Edson Mortgages

Peak Hours for Mortgage Applicants within Edson

In Edson, applications are received 24 hours a day from our web site. The statistics shown below indicates the rush hours in the day. The data is taken from all days of all years. Only 16.1% of all mortgages are received before noon, while 77.4% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 6.5%
07:00 to 07:59: 3.2%
08:00 to 08:59: 3.2%
09:00 to 09:59: 3.2%
10:00 to 10:59: 3.2%
11:00 to 11:59: 3.2%
12:00 to 12:59: 3.2%
13:00 to 13:59: 9.7%
15:00 to 15:59: 9.7%
16:00 to 16:59: 9.7%
17:00 to 17:59: 3.2%
18:00 to 18:59: 6.5%
19:00 to 19:59: 6.5%
20:00 to 20:59: 6.5%
21:00 to 21:59: 9.7%
22:00 to 22:59: 3.2%
23:00 to 23:59: 9.7%
Peak Hours Graph for Mortgages in Edson

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

Alberta Mortgage Originations Compared to all other Provinces


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%
Edson Mortgages

Current City Standing within Alberta


Location Contribution
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%
023:  SYLVAN LAKE, AB 0.099%
024:  LLOYDMINSTER, AB 0.096%
025:  LACOMBE, AB 0.093%

Nearest Settlements


1Hinton, Alberta
2Peers, Alberta


Product Popularity for Edson


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 29.0%
Refinance: 25.8%
Qualification: 22.6%
No Money Down: 9.7%
Renewal: 3.2%
Equity Mortgage: 3.2%
Purchase: 3.2%
Home Renovation: 3.2%
 
Total Application Types Found: 8
 Edson Mortgage Product Popularity Pie Chart

Age Demographics for Edson Applicants

Average age: 33
Oldest age: 51
Youngest age: 23


Incomes for Edson Applicants

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

Average annual gross income for
mortgage applicants in Edson: $60,074.68
applicants within all of Canada: $56,395.43
Difference: $3,679.25
  
mortgage co-applicants in Edson: $39,620.00
co-applicants within all of Canada: $39,386.13
Difference: $233.87

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

Residential Status for Edson Mortgage Applicants

The pie chart below shows the residential status of people living in Edson who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 45.2%
Own: 38.7%
No Comment: 12.9%
Live with parents: 3.2%
Edson Residential Status Pie Chart

Marital Statistics for Edson Mortgage Applicants

The information below shows the marital status of applicants from Edson, Alberta using the preapproval application located at the CanEquity web site. 74% of the mortgage applicants are either married or living common-law, while only 22% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 58.1%
Common-law: 16.1%
Single: 12.9%
Divorced: 6.5%
Widowed: 3.2%
Separated: 3.2%
Edson Marital Status Pie Chart