Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Magrath: Wednesday, February 8, 2012   
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Related Links:
Blairmore
Cardston
Claresholm
Cowley
Lundbreck
Nanton
Pincher Creek

Magrath Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Magrath

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

Note: ** Total national contribution of Magrath mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Alberta


Location Contribution
113:  BLACK DIAMOND, AB 0.013%
114:  BOYLE, AB 0.013%
115:  CALMAR, AB 0.013%
116:  COALHURST, AB 0.011%
117:  LA CRETE, AB 0.011%
118:  MAGRATH, AB 0.011%
119:  MANNING, AB 0.011%
120:  KINUSO, AB 0.011%
121:  CASTOR, AB 0.011%
122:  RED DEER COUNTY, AB 0.011%
123:  LAMONT, AB 0.011%

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 Originated Mortgages

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


Incomes for Magrath Originated Mortgages

The information below represents the average income of Canadians living in Magrath who have applied for a loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Magrath: $38,905.60
applicants within all of Canada: $59,498.47
Difference: ($20,592.87)
  

Note: Commercial loans were not included for this survey, only residential loans were used.

Residential Status for Magrath Mortgages

The following depicts the residential status of people living in Magrath who have applied for a loan using the CanEquity mortgage application.

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

Marital Status for Magrath Mortgages

The information below shows the marital status of applicants from Magrath, Alberta using the preapproval application found on canequity.com. In Magrath, 50% of the mortgage applicants are living common-law or married, while only 50% are not living with someone.

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