Last report update for Legal: Wednesday, March 17, 2010
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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


Legal Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Legal

Year Year to Year
Comparison
** National
Contribution
2009: 23.08% 0.01%
2008: 7.69% 0.00%
2007: 23.08% 0.01%
2006: 15.39% 0.01%
2005: 15.39% 0.01%
2004: 7.69% 0.00%
2003: 7.69% 0.00%

Note: ** 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
061:  HIGH LEVEL, AB 0.031%
062:  WAINWRIGHT, AB 0.031%
063:  ARDROSSAN, AB 0.031%
064:  LAC LA BICHE, AB 0.031%
065:  WESTLOCK, AB 0.031%
066:  LEGAL, AB 0.031%
067:  GIBBONS, AB 0.028%
068:  TOFIELD, AB 0.028%
069:  COALDALE, AB 0.028%
070:  REDWATER, AB 0.028%
071:  WEMBLEY, AB 0.028%

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: 38.5%
Renewal: 23.1%
Qualification: 15.4%
First-time Buyer: 15.4%
Refinance: 7.7%
 
Total Application Types Found: 5
 Legal Mortgage Product Popularity Pie Chart

Age Demographics for Legal Applicants

Average age: 33
Oldest age: 55
Youngest age: 22


Incomes for Legal Applicants

The following depicts the average income of people living in Legal who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Legal: $63,272.73
applicants within all of Canada: $58,582.39
Difference: $4,690.34
  

Note: Commercial loan amounts were not included for this section, only residential mortgages were used.

Residential Status for Legal Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Legal who have applied for a mortgage loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 46.2%
Own: 38.5%
Other: 15.4%
Legal Residential Status Pie Chart

Marital Statistics for Legal Mortgage Applicants

The pie chart below represents the marital status of applicants from Legal, Alberta using the mortgage application found at the CanEquity web site. Over 69% of the mortgage applicants are either married or living common-law, while only 30% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.2%
Common-law: 23.1%
Divorced: 15.4%
Separated: 7.7%
Single: 7.7%
Legal Marital Status Pie Chart