Last report update for Legal: Monday, July 7, 2008
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Legal Mortgage
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Related Links:
Bon Accord
Bruderheim
Fort Saskatchewan
Gibbons
Lancaster Park
Morinville
Redwater
Rochester
St Albert
Westlock

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Legal Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Legal

Year Year to Year
Comparison
** National
Contribution
2008: * 10.00% * 0.00%
2007: 30.00% 0.01%
2006: 20.00% 0.01%
2005: 20.00% 0.01%
2004: 10.00% 0.00%
2003: 10.00% 0.00%

Note: * These values are the percentages up to Monday, July 7, 2008. Estimated volume targets for the entire 2008 year are 10.00% and 0.00% respectively. ** Total national contribution of Legal mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Alberta


Location Contribution
060:  WESTLOCK, AB 0.035%
061:  HIGH LEVEL, AB 0.032%
062:  REDWATER, AB 0.032%
063:  ARDROSSAN, AB 0.032%
064:  ONOWAY, AB 0.032%
065:  LEGAL, AB 0.032%
066:  BEAVERLODGE, AB 0.029%
067:  TOFIELD, AB 0.029%
068:  CROSSFIELD, AB 0.029%
069:  WEMBLEY, AB 0.029%
070:  MILLET, AB 0.029%

Nearest Settlements


1Westlock, Alberta
2Redwater, Alberta
3Bon Accord, Alberta
4Morinville, Alberta
5Gibbons, Alberta
6Rochester, Alberta
7Fort Saskatchewan, Alberta
8Bruderheim, Alberta
9St Albert, Alberta
10Lancaster Park, Alberta


Product Popularity for Legal


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 40.0%
Renewal: 20.0%
Qualification: 20.0%
First-time Buyer: 20.0%
 
Total Application Types Found: 4
 Legal Mortgage Product Popularity Pie Chart

Age Demographics for Legal Applicants

Average age: 34
Oldest age: 55
Youngest age: 22


Incomes for Legal Applicants

The amounts below are the average income of people living in Legal who have applied for a home loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Legal: $55,500.00
applicants within all of Canada: $56,546.77
Difference: ($1,046.77)
  

Note: Commercial Mortgages were not included for this section, only residential loans amounts from Legal, Alberta were used.

Residential Status for Legal Originated Mortgages

The pie chart below shows the residential status of people living in Legal who have applied for a mortgage using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 60.0%
Own: 30.0%
Other: 10.0%
Legal Residential Status Pie Chart

Marital Statistics for Legal Originated Mortgages

The pie chart below represents the marital status of applicants from Legal, Alberta using the mortgage preapproval application located at the CanEquity web site. In Legal, 70% of the mortgage applicants are either married or living common-law, while only 30% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 40.0%
Common-law: 30.0%
Divorced: 20.0%
Single: 10.0%
Legal Marital Status Pie Chart