Grande Prairie Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 10.19% | * 0.04% |
| 2007: | 25.93% | 0.09% |
| 2006: | 15.74% | 0.06% |
| 2005: | 15.74% | 0.06% |
| 2004: | 13.89% | 0.05% |
| 2003: | 7.41% | 0.03% |
| 2002: | 11.11% | 0.04% |
The bar graph below shows the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Grande Prairie seem to occur during our first quarter (represented by the brown bars) with 31.48% while our slowest is the fourth quarter (represented by the red bars) with 20.37%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 17.6% | |
| 2: | July: | 13.0% | |
| 3: | April: | 9.3% | |
| 4: | October: | 9.3% | |
| 5: | May: | 8.3% | |
| 6: | February: | 7.4% | |
| 7: | March: | 6.5% | |
| 8: | June: | 6.5% | |
| 9: | September: | 6.5% | |
| 10: | November: | 5.6% | |
| 11: | December: | 5.6% | |
| 12: | August: | 4.6% |
The information listed below plots the busy days for Internet mortgage applications that were received by CanEquity. 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 19.44% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 6.48% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.4% | |
| 2: | Tuesday: | 19.4% | |
| 3: | Thursday: | 18.5% | |
| 4: | Sunday: | 14.8% | |
| 5: | Friday: | 11.1% | |
| 6: | Wednesday: | 10.2% | |
| 7: | Saturday: | 6.5% |
In Grande Prairie, mortgage applications are received 24 hours a day on the CanEquity web site. The time periods below represents 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: | 6.5% |
| 02:00 to 02:59: | 0.9% |
| 03:00 to 03:59: | 0.9% |
| 04:00 to 04:59: | 0.9% |
| 06:00 to 06:59: | 0.9% |
| 07:00 to 07:59: | 0.9% |
| 08:00 to 08:59: | 3.7% |
| 09:00 to 09:59: | 6.5% |
| 10:00 to 10:59: | 3.7% |
| 11:00 to 11:59: | 6.5% |
| 12:00 to 12:59: | 4.6% |
| 13:00 to 13:59: | 1.9% |
| 14:00 to 14:59: | 7.4% |
| 15:00 to 15:59: | 9.3% |
| 16:00 to 16:59: | 8.3% |
| 17:00 to 17:59: | 5.6% |
| 18:00 to 18:59: | 4.6% |
| 19:00 to 19:59: | 5.6% |
| 20:00 to 20:59: | 8.3% |
| 21:00 to 21:59: | 3.7% |
| 22:00 to 22:59: | 4.6% |
| 23:00 to 23:59: | 4.6% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.48% |
| 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: | 0.35% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 002: | EDMONTON, AB | 4.598% |
| 003: | RED DEER, AB | 0.602% |
| 004: | FORT MCMURRAY, AB | 0.506% |
| 005: | LETHBRIDGE, AB | 0.430% |
| 006: | SHERWOOD PARK, AB | 0.430% |
| 007: | GRANDE PRAIRIE, AB | 0.357% |
| 008: | MEDICINE HAT, AB | 0.311% |
| 009: | ST ALBERT, AB | 0.301% |
| 010: | AIRDRIE, AB | 0.255% |
| 011: | BROOKS, AB | 0.209% |
| 012: | SPRUCE GROVE, AB | 0.199% |
| 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: | 26.9% | |
| First-time Buyer: | 23.1% | |
| Refinance: | 18.5% | |
| No Money Down: | 13.9% | |
| Renewal: | 6.5% | |
| Pre-approval: | 3.7% | |
| Fixed Rate: | 1.9% | |
| Low Doc: | 0.9% | |
| Commercial: | 0.9% | |
| Second Mortgage: | 0.9% | |
| Purchase: | 0.9% | |
| Home Renovation: | 0.9% | |
| Investment: | 0.9% | |
| Total Application Types Found: 13 | ||
Average age: 34
Oldest age: 60
Youngest age: 20
The following depicts the average income of people living in Grande Prairie who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Grande Prairie: | $61,957.29 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | $5,572.99 |
| mortgage co-applicants in Grande Prairie: | $47,818.56 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | $8,443.03 |
The chart and pie-graph below depicts the residential status of people living in Grande Prairie who have applied for a mortgage loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 48.1% | |
| Own: | 33.3% | |
| Other: | 4.6% | |
| No Comment: | 13.0% | |
| Live with parents: | 0.9% |
The information below shows the marital status of applicants from Grande Prairie, Alberta using the mortgage application found on the CanEquity Mortgage web site. In Grande Prairie, approximately 61% of the mortgage applicants are living together with someone, while only 38% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 38.9% | |
| Single: | 29.6% | |
| Common-law: | 22.2% | |
| Separated: | 5.6% | |
| Divorced: | 3.7% |
