Last report update for Magrath: Monday, June 30, 2008
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Magrath Mortgage
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Related Links:
Blairmore
Cardston
Claresholm
Cowley
Lundbreck
Nanton
Pincher Creek

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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
2008: * 50.00% * 0.01%
2006: 25.00% 0.00%
2002: 25.00% 0.00%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 75.00% 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
106:  FORESTBURG, AB 0.013%
107:  VIKING, AB 0.013%
108:  VALLEYVIEW, AB 0.013%
109:  RED EARTH CREEK, AB 0.013%
110:  BLAIRMORE, AB 0.013%
111:  MAGRATH, AB 0.013%
112:  TURNER VALLEY, AB 0.013%
113:  CARDSTON, AB 0.013%
114:  ELK POINT, AB 0.013%
115:  LAKE LOUISE, AB 0.013%
116:  BLACK DIAMOND, AB 0.013%

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: 50.0%
Refinance: 25.0%
First-time Buyer: 25.0%
 
Total Application Types Found: 3
 Magrath Mortgage Product Popularity Pie Chart

Age Demographics for Magrath Mortgage Applicants

Average age: 36
Oldest age: 44
Youngest age: 24


Incomes for Magrath Mortgage Applicants

The figures 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: $33,842.67
applicants within all of Canada: $56,539.94
Difference: ($22,697.28)
  

Note: Commercial loans were not included for this section, only residential mortgages from Magrath, Alberta were used.

Residential Status for Magrath Mortgage Applicants

The information below represents the residential status of people living in Magrath who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Own: 75.0%
No Comment: 25.0%
Magrath Residential Status Pie Chart

Marital Statistics for Magrath Mortgage Applicants

The following pie chart represents the marital status of applicants from Magrath, Alberta using the preapproval application located at canequity.com. In Magrath, approximately 50% of the mortgage applicants are either married or living common-law, 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