Grande Prairie Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.01% | * 0.01% |
| 2009: | 16.78% | 0.06% |
| 2008: | 16.11% | 0.06% |
| 2007: | 18.79% | 0.07% |
| 2006: | 11.41% | 0.04% |
| 2005: | 11.41% | 0.04% |
| 2004: | 10.07% | 0.04% |
| 2003: | 5.37% | 0.02% |
| 2002: | 8.05% | 0.03% |
The 6-year bar graph below displays the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Grande Prairie happen to occur during our second quarter (represented by the green bars) with 27.52% while our slowest is the fourth quarter (represented by the red bars) with 20.81%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 14.1% | |
| 2: | April: | 11.4% | |
| 3: | July: | 11.4% | |
| 4: | October: | 10.7% | |
| 5: | June: | 8.7% | |
| 6: | September: | 8.1% | |
| 7: | May: | 7.4% | |
| 8: | February: | 6.7% | |
| 9: | August: | 6.0% | |
| 10: | November: | 5.4% | |
| 11: | March: | 5.4% | |
| 12: | December: | 4.7% |
The graph listed below illustrates the busy days for Internet applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Grande Prairie the busiest day of the week, with 19.46% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 4.70% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.5% | |
| 2: | Tuesday: | 19.5% | |
| 3: | Thursday: | 19.5% | |
| 4: | Wednesday: | 13.4% | |
| 5: | Sunday: | 13.4% | |
| 6: | Friday: | 10.1% | |
| 7: | Saturday: | 4.7% |
In Grande Prairie, applications are received 24 hours a day on the CanEquity web site. The statistics shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.7% |
| 02:00 to 02:59: | 0.7% |
| 03:00 to 03:59: | 1.3% |
| 04:00 to 04:59: | 0.7% |
| 06:00 to 06:59: | 0.7% |
| 07:00 to 07:59: | 1.3% |
| 08:00 to 08:59: | 2.7% |
| 09:00 to 09:59: | 4.7% |
| 10:00 to 10:59: | 4.7% |
| 11:00 to 11:59: | 6.0% |
| 12:00 to 12:59: | 6.0% |
| 13:00 to 13:59: | 3.4% |
| 14:00 to 14:59: | 6.7% |
| 15:00 to 15:59: | 8.1% |
| 16:00 to 16:59: | 8.7% |
| 17:00 to 17:59: | 4.7% |
| 18:00 to 18:59: | 6.0% |
| 19:00 to 19:59: | 5.4% |
| 20:00 to 20:59: | 8.1% |
| 21:00 to 21:59: | 4.0% |
| 22:00 to 22:59: | 6.0% |
| 23:00 to 23:59: | 5.4% |
| 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 | |
|---|---|---|
| 002: | EDMONTON, AB | 4.556% |
| 003: | RED DEER, AB | 0.617% |
| 004: | FORT MCMURRAY, AB | 0.568% |
| 005: | LETHBRIDGE, AB | 0.423% |
| 006: | SHERWOOD PARK, AB | 0.401% |
| 007: | GRANDE PRAIRIE, AB | 0.350% |
| 008: | ST ALBERT, AB | 0.315% |
| 009: | MEDICINE HAT, AB | 0.303% |
| 010: | AIRDRIE, AB | 0.268% |
| 011: | OKOTOKS, AB | 0.239% |
| 012: | SPRUCE GROVE, AB | 0.211% |
| 1 | Clairmont, Alberta |
| 2 | Wembley, Alberta |
| 3 | Sexsmith, Alberta |
| 4 | Valleyview, Alberta |
| 5 | Hythe, Alberta |
| 6 | Beaverlodge, Alberta |
| 7 | Girouxville, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 26.2% | |
| First-time Buyer: | 20.1% | |
| Refinance: | 18.8% | |
| No Money Down: | 17.4% | |
| Renewal: | 6.7% | |
| Purchase: | 3.4% | |
| Pre-approval: | 2.7% | |
| Fixed Rate: | 1.3% | |
| Other: | 3.5% | |
| Total Application Types Found: 13 | ||
Average age: 33
Oldest age: 60
Youngest age: 19
The numbers below represent the average income of Canadians living in Grande Prairie who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Grande Prairie: | $66,018.80 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $7,436.41 |
| mortgage co-applicants in Grande Prairie: | $49,415.08 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $8,189.26 |
The following table represents the residential status of people living in Grande Prairie 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: | 49.0% | |
| Own: | 36.9% | |
| Other: | 4.0% | |
| No Comment: | 9.4% | |
| Live with parents: | 0.7% |
The following information represents the marital status of applicants from Grande Prairie, Alberta using the online mortgage application found at the CanEquity web site. Approximately 59% of the mortgage applicants are either married or living common-law, while only 40% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 38.9% | |
| Single: | 31.5% | |
| Common-law: | 20.1% | |
| Separated: | 5.4% | |
| Divorced: | 4.0% |
