Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Lake Louise: Wednesday, February 8, 2012   
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Related Links:
Banff
Canmore
Exshaw

Lake Louise Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Lake Louise

Year Year to Year
Comparison
** National
Contribution
2010: 12.50% 0.00%
2009: 37.50% 0.01%
2006: 12.50% 0.00%
2002: 37.50% 0.01%

Note: ** Total national contribution of Lake Louise mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Alberta


Location Contribution
102:  PICTURE BUTTE, AB 0.015%
103:  SEXSMITH, AB 0.015%
104:  BRAGG CREEK, AB 0.015%
105:  BLACKIE, AB 0.015%
106:  RAYMOND, AB 0.015%
107:  LAKE LOUISE, AB 0.015%
108:  VIKING, AB 0.013%
109:  VALLEYVIEW, AB 0.013%
110:  PENHOLD, AB 0.013%
111:  CARDSTON, AB 0.013%
112:  CORONATION, AB 0.013%

Nearest Settlements


1Banff, Alberta
2Canmore, Alberta
3Exshaw, Alberta


Product Popularity for Lake Louise


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 37.5%
First-time Buyer: 37.5%
No Money Down: 12.5%
Pre-approval: 12.5%
 
Total Application Types Found: 4
 Lake Louise Mortgage Product Popularity Pie Chart

Age Demographics for Lake Louise Mortgage Applicants

Average age: 38
Oldest age: 57
Youngest age: 27


Incomes for Lake Louise Mortgage Applicants

The information below represents the average income of Canadians living in Lake Louise who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Lake Louise: $66,750.00
applicants within all of Canada: $59,498.47
Difference: $7,251.53
  
mortgage co-applicants in Lake Louise: $26,000.00
co-applicants within all of Canada: $42,403.13
Difference: ($16,403.13)

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

Residential Status for Lake Louise Based Mortgages

The chart and pie-graph below depicts the residential status of people living in Lake Louise who have applied for a mortgage loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 12.5%
No Comment: 37.5%
Lake Louise Residential Status Pie Chart

Marital Status for Lake Louise Based Mortgages

The pie chart below represents the marital status of applicants from Lake Louise, Alberta using the mortgage application found on the CanEquity Mortgage web site. In Lake Louise, approximately 62% of the mortgage applicants are living common-law or married, while only 37% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Single: 37.5%
Common-law: 12.5%
Lake Louise Marital Status Pie Chart