Last report update for Magrath: Wednesday, March 17, 2010
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Blairmore
Cardston
Claresholm
Cowley
Lundbreck
Nanton
Pincher Creek


Magrath Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Magrath

Year Year to Year
Comparison
** National
Contribution
2010: * 16.67% * 0.00%
2009: 16.67% 0.00%
2008: 33.33% 0.01%
2006: 16.67% 0.00%
2002: 16.67% 0.00%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 66.67% and 0.01% respectively. ** Total national contribution of Magrath mortgages in the past is currently 0.01% with a projected target of 0.02%.

Current City Standing within Alberta


Location Contribution
104:  LAKE LOUISE, AB 0.016%
105:  MYRNAM, AB 0.016%
106:  COALHURST, AB 0.014%
107:  BRAGG CREEK, AB 0.014%
108:  BLAIRMORE, AB 0.014%
109:  MAGRATH, AB 0.014%
110:  GLENDON, AB 0.014%
111:  KINUSO, AB 0.014%
112:  CARDSTON, AB 0.014%
113:  BLACK DIAMOND, AB 0.014%
114:  SPIRIT RIVER, AB 0.014%

Nearest Settlements


1Cowley, Alberta
2Pincher Creek, Alberta
3Lundbreck, Alberta
4Blairmore, Alberta
5Cardston, Alberta
6Nanton, Alberta
7Claresholm, Alberta


Product Popularity for Magrath


Mortgage Application
Form Type
  Percentage
of Inquiries
Second Mortgage: 33.3%
Refinance: 16.7%
Qualification: 16.7%
No Money Down: 16.7%
First-time Buyer: 16.7%
 
Total Application Types Found: 5
 Magrath Mortgage Product Popularity Pie Chart

Age Demographics for Magrath Based Mortgages

Average age: 37
Oldest age: 44
Youngest age: 24


Incomes for Magrath Based Mortgages

The amounts shown below represent the average income of applicants living in Magrath who have applied for a mortgage loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Magrath: $38,905.60
applicants within all of Canada: $58,582.39
Difference: ($19,676.79)
  

Note: Commercial Mortgage loans were not included for this survey, only residential mortgage loans from Magrath, Alberta were used.

Residential Status for Magrath Mortgages

The information shown below represents the residential status of people living in Magrath who have submitted an inquiry using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Own: 83.3%
No Comment: 16.7%
Magrath Residential Status Pie Chart

Marital Statistics for Magrath Mortgages

The pie chart below represents the marital status of applicants from Magrath, Alberta using the mortgage preapproval application found on the CanEquity Mortgage web site. 50% of the mortgage applicants are living common-law or married, while only 50% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 50.0%
Married: 50.0%
Magrath Marital Status Pie Chart