Last report update for Innisfail: Friday, May 16, 2008
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Innisfail Mortgage
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Related Links:
Blackfalds
Bowden
Carbon
Didsbury
Olds
Red Deer
Red Deer County
Springbrook
Sundre
Three Hills

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Innisfail Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Innisfail

Year Year to Year
Comparison
** National
Contribution
2008: * 10.00% * 0.01%
2007: 20.00% 0.01%
2006: 20.00% 0.01%
2005: 25.00% 0.02%
2003: 5.00% 0.00%
2002: 20.00% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 20.00% and 0.01% respectively. ** Total national contribution of Innisfail mortgages in the past is currently 0.07% with a projected target of 0.07%.

Peak Hours for Mortgage Applicants within Innisfail

Mortgage applications are received 24 hours a day via the CanEquity web site. The report shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
10:00 to 10:59: 10.0%
11:00 to 11:59: 5.0%
13:00 to 13:59: 5.0%
14:00 to 14:59: 15.0%
15:00 to 15:59: 5.0%
16:00 to 16:59: 10.0%
17:00 to 17:59: 5.0%
18:00 to 18:59: 10.0%
19:00 to 19:59: 5.0%
20:00 to 20:59: 25.0%
22:00 to 22:59: 5.0%
Peak Hours Graph for Mortgages in Innisfail

Note: Only hours that have had mortgages from Innisfail, 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: 11.46%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario: 48.63%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Innisfail Mortgages

Current City Standing within Alberta


Location Contribution
030:  LEDUC, AB 0.073%
031:  PEACE RIVER, AB 0.069%
032:  HINTON, AB 0.069%
033:  BEAUMONT, AB 0.069%
034:  CAMROSE, AB 0.066%
035:  INNISFAIL, AB 0.066%
036:  DRAYTON VALLEY, AB 0.066%
037:  DRUMHELLER, AB 0.063%
038:  PONOKA, AB 0.056%
039:  CHESTERMERE, AB 0.053%
040:  STETTLER, AB 0.053%

Nearest Settlements


1Bowden, Alberta
2Red Deer County, Alberta
3Three Hills, Alberta
4Springbrook, Alberta
5Olds, Alberta
6Red Deer, Alberta
7Carbon, Alberta
8Didsbury, Alberta
9Blackfalds, Alberta
10Sundre, Alberta
11Acme, Alberta
12Lacombe, Alberta
13Sylvan Lake, Alberta
14Caroline, Alberta
15Stettler, Alberta


Product Popularity for Innisfail


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 35.0%
No Money Down: 30.0%
First-time Buyer: 20.0%
Renewal: 5.0%
Refinance: 5.0%
Investment: 5.0%
 
Total Application Types Found: 6
 Innisfail Mortgage Product Popularity Pie Chart

Age Demographics for Innisfail Mortgages

Average age: 33
Oldest age: 67
Youngest age: 19


Incomes for Innisfail Mortgages

The figures below represent the average income of applicants living in Innisfail who have applied for a loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Innisfail: $48,863.50
applicants within all of Canada: $56,403.93
Difference: ($7,540.43)
  
mortgage co-applicants in Innisfail: $32,245.00
co-applicants within all of Canada: $39,395.85
Difference: ($7,150.85)

Note: Commercial loan amounts were not included for this report, only home loans from Innisfail, Alberta were used.

Residential Status for Innisfail Applicants

The following depicts the residential status of people living in Innisfail who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 55.0%
Own: 20.0%
Other: 5.0%
No Comment: 20.0%
Innisfail Residential Status Pie Chart

Marital Statistics for Innisfail Applicants

The information below shows the marital status of applicants from Innisfail, Alberta using the mortgage preapproval application found on the CanEquity Mortgage web site. Over 60% of the mortgage applicants are living with someone, while only 40% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Single: 40.0%
Common-law: 10.0%
Innisfail Marital Status Pie Chart