Last report update for Morinville: Wednesday, March 17, 2010
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Bon Accord
Carvel
Edmonton
Fort Saskatchewan
Gibbons
Lancaster Park
Legal
Spruce Grove
St Albert
Westlock


Morinville Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Morinville

Year Year to Year
Comparison
** National
Contribution
2009: 18.75% 0.01%
2007: 12.50% 0.01%
2006: 6.25% 0.00%
2005: 6.25% 0.00%
2004: 25.00% 0.01%
2002: 31.25% 0.01%

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

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.10%
British Columbia: 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Morinville Mortgages

Current City Standing within Alberta


Location Contribution
048:  VEGREVILLE, AB 0.042%
049:  GRANDE CACHE, AB 0.042%
050:  NANTON, AB 0.040%
051:  ONOWAY, AB 0.040%
052:  ST PAUL, AB 0.038%
053:  MORINVILLE, AB 0.038%
054:  CLARESHOLM, AB 0.035%
055:  CROSSFIELD, AB 0.035%
056:  THREE HILLS, AB 0.035%
057:  DIDSBURY, AB 0.033%
058:  SWAN HILLS, AB 0.033%

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: 37.5%
Refinance: 18.8%
First-time Buyer: 18.8%
No Money Down: 12.5%
Short Term Open: 6.3%
Pre-approval: 6.3%
 
Total Application Types Found: 6
 Morinville Mortgage Product Popularity Pie Chart

Age Demographics for Morinville Mortgages

Average age: 43
Oldest age: 76
Youngest age: 24


Incomes for Morinville Mortgages

The following depicts the average income of people living in Morinville who have submitted an inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Morinville: $52,818.47
applicants within all of Canada: $58,582.39
Difference: ($5,763.92)
  
mortgage co-applicants in Morinville: $40,800.00
co-applicants within all of Canada: $41,225.82
Difference: ($425.82)

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

Residential Status for Morinville Mortgages

The table and pie chart below represents the residential status of people living in Morinville who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 37.5%
Own: 25.0%
Other: 6.3%
No Comment: 31.3%
Morinville Residential Status Pie Chart

Marital Statistics for Morinville Mortgages

The following table and pie chart represents the marital status of applicants from Morinville, Alberta using the online mortgage application found on the CanEquity Mortgage web site. Approximately 75% of the mortgage applicants are living with someone, while only 25% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Common-law: 25.0%
Divorced: 12.5%
Single: 12.5%
Morinville Marital Status Pie Chart