Last report update for Lacombe: Friday, May 16, 2008
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Related Links:
Bentley
Blackfalds
Donalda
Edberg
Ponoka
Red Deer
Red Deer County
Springbrook
Stettler
Wetaskiwin

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Lacombe Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Lacombe

Year Year to Year
Comparison
** National
Contribution
2008: * 14.29% * 0.01%
2007: 7.14% 0.01%
2006: 25.00% 0.02%
2005: 10.71% 0.01%
2004: 7.14% 0.01%
2003: 21.43% 0.02%
2002: 14.29% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 32.14% and 0.03% respectively. ** Total national contribution of Lacombe mortgages in the past is currently 0.09% with a projected target of 0.11%.

Busy Days for Online Applications within Lacombe

The data below compares the busy days for online inquiries 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 Lacombe, the day with the most volume, having more than 21.43% of all applications, is Thursday. In comparison, Saturday's are the slowest day with only 3.57% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Thursday: 21.4%
2: Tuesday: 17.9%
3: Friday: 17.9%
4: Wednesday: 14.3%
5: Sunday: 14.3%
6: Monday: 10.7%
7: Saturday: 3.6%
Busy Days Report for Lacombe Mortgages

Peak Hours for Mortgages within Lacombe

In Lacombe, mortgages are received 24 hours a day on the CanEquity web site. The graph shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years. Only 17.9% of all mortgages are received during the morning, while 82.1% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
05:00 to 05:59: 7.1%
09:00 to 09:59: 3.6%
10:00 to 10:59: 3.6%
11:00 to 11:59: 3.6%
14:00 to 14:59: 7.1%
15:00 to 15:59: 10.7%
16:00 to 16:59: 3.6%
17:00 to 17:59: 10.7%
18:00 to 18:59: 3.6%
19:00 to 19:59: 10.7%
20:00 to 20:59: 10.7%
21:00 to 21:59: 10.7%
22:00 to 22:59: 10.7%
23:00 to 23:59: 3.6%
Peak Hours Graph for Mortgages in Lacombe

Note: Only hours that have had mortgages from Lacombe, 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%
Lacombe Mortgages

Current City Standing within Alberta


Location Contribution
020:  EDSON, AB 0.102%
021:  OLDS, AB 0.102%
022:  COCHRANE, AB 0.099%
023:  SYLVAN LAKE, AB 0.099%
024:  LLOYDMINSTER, AB 0.096%
025:  LACOMBE, AB 0.093%
026:  HIGH RIVER, AB 0.093%
027:  STRATHMORE, AB 0.083%
028:  ROCKY MOUNTAIN HOUSE, AB 0.083%
029:  SLAVE LAKE, AB 0.079%
030:  LEDUC, AB 0.073%

Nearest Settlements


1Blackfalds, Alberta
2Ponoka, Alberta
3Bentley, Alberta
4Red Deer, Alberta
5Wetaskiwin, Alberta
6Springbrook, Alberta
7Stettler, Alberta
8Donalda, Alberta
9Red Deer County, Alberta
10Edberg, Alberta
11Millet, Alberta
12Innisfail, Alberta
13Sylvan Lake, Alberta
14Bawlf, Alberta
15Forestburg, Alberta


Product Popularity for Lacombe


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 39.3%
Qualification: 17.9%
First-time Buyer: 17.9%
Renewal: 7.1%
No Money Down: 7.1%
Variable Rate: 7.1%
Pre-approval: 3.6%
 
Total Application Types Found: 7
 Lacombe Mortgage Product Popularity Pie Chart

Age Demographics for Lacombe Mortgage Applicants

Average age: 38
Oldest age: 68
Youngest age: 25


Incomes for Lacombe Mortgage Applicants

The figures below represent the average income of applicants living in Lacombe who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Lacombe: $59,698.67
applicants within all of Canada: $56,403.93
Difference: $3,294.74
  
mortgage co-applicants in Lacombe: $31,270.31
co-applicants within all of Canada: $39,395.85
Difference: ($8,125.54)

Note: Commercial loan amounts were not included for this section, only residential mortgage loan amounts from Lacombe, Alberta were used.

Residential Status for Lacombe Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Lacombe who have applied for a home loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 35.7%
Own: 42.9%
No Comment: 21.4%
Lacombe Residential Status Pie Chart

Marital Statistics for Lacombe Mortgage Applicants

The following table and pie chart represents the marital status of applicants from Lacombe, Alberta using the mortgage application found on the CanEquity Mortgage web site. In Lacombe, approximately 75% of the mortgage applicants are living together with someone, while only 25% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 60.7%
Single: 25.0%
Common-law: 14.3%
Lacombe Marital Status Pie Chart