Last report update for Morinville: Monday, July 21, 2008
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Morinville Mortgage
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Related Links:
Bon Accord
Carvel
Edmonton
Fort Saskatchewan
Gibbons
Lancaster Park
Legal
Spruce Grove
St Albert
Westlock

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Morinville Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Morinville

Year Year to Year
Comparison
** National
Contribution
2007: 15.39% 0.01%
2006: 7.69% 0.00%
2005: 7.69% 0.00%
2004: 30.77% 0.01%
2002: 38.46% 0.02%

Note: ** Total national contribution of Morinville mortgages in the past is currently 0.04% with a projected target of 0.04%.

Current City Standing within Alberta


Location Contribution
045:  GRANDE CACHE, AB 0.048%
046:  BARRHEAD, AB 0.045%
047:  CLARESHOLM, AB 0.041%
048:  ST PAUL, AB 0.041%
049:  WAINWRIGHT, AB 0.041%
050:  MORINVILLE, AB 0.041%
051:  THREE HILLS, AB 0.041%
052:  BONNYVILLE, AB 0.038%
053:  DEVON, AB 0.038%
054:  REDCLIFF, AB 0.038%
055:  LAC LA BICHE, AB 0.038%

Nearest Settlements


1St Albert, Alberta
2Gibbons, Alberta
3Lancaster Park, Alberta
4Edmonton, Alberta
5Legal, Alberta
6Bon Accord, Alberta
7Spruce Grove, Alberta
8Carvel, Alberta
9Westlock, Alberta
10Fort Saskatchewan, Alberta
11Stony Plain, Alberta
12Onoway, Alberta
13Redwater, Alberta
14Ardrossan, Alberta
15Sherwood Park, Alberta


Product Popularity for Morinville


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 38.5%
Refinance: 23.1%
First-time Buyer: 15.4%
Short Term Open: 7.7%
No Money Down: 7.7%
Pre-approval: 7.7%
 
Total Application Types Found: 6
 Morinville Mortgage Product Popularity Pie Chart

Age Demographics for Morinville Based Mortgages

Average age: 40
Oldest age: 49
Youngest age: 26


Incomes for Morinville Based Mortgages

The information below represents the average income of people living in Morinville who have applied for a mortgage loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Morinville: $52,553.67
applicants within all of Canada: $56,576.03
Difference: ($4,022.37)
  
mortgage co-applicants in Morinville: $41,750.00
co-applicants within all of Canada: $39,529.43
Difference: $2,220.57

Note: Commercial loan amounts were not included for this section, only residential mortgage loan amounts from Morinville, Alberta were used.

Residential Status for Morinville Mortgage Applicants

The information shown below represents the residential status of people living in Morinville who have applied for a mortgage loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 23.1%
Own: 30.8%
Other: 7.7%
No Comment: 38.5%
Morinville Residential Status Pie Chart

Marital Statistics for Morinville Mortgage Applicants

The pie chart below represents the marital status of applicants from Morinville, Alberta using the preapproval application found on canequity.com. 76% of the mortgage applicants are living common-law or married, while only 23% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.2%
Common-law: 30.8%
Divorced: 15.4%
Single: 7.7%
Morinville Marital Status Pie Chart