Okotoks Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Have an idea or suggestion on improving the Okotoks mortgage stats page, please send us an e-mail.
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 12.96% | * 0.02% |
| 2007: | 37.04% | 0.07% |
| 2006: | 20.37% | 0.04% |
| 2005: | 11.11% | 0.02% |
| 2004: | 3.70% | 0.01% |
| 2003: | 7.41% | 0.01% |
| 2002: | 7.41% | 0.01% |
The graph below depicts the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Okotoks seem to occur during our first quarter (represented by the brown bars) with 44.44% while our slowest is the fourth quarter (represented by the red bars) with 7.41%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 20.4% | |
| 2: | April: | 16.7% | |
| 3: | February: | 16.7% | |
| 4: | January: | 7.4% | |
| 5: | May: | 7.4% | |
| 6: | August: | 7.4% | |
| 7: | June: | 7.4% | |
| 8: | July: | 5.6% | |
| 9: | November: | 3.7% | |
| 10: | December: | 3.7% | |
| 11: | September: | 3.7% | |
| 12: | December: | 0.0% |
The graph listed below illustrates the busy days for mortgage inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Okotoks, the day with the most volume, generating 29.63% of all submissions, is Tuesday. In comparison, Thursday's are the slowest day with only 5.56% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 29.6% | |
| 2: | Wednesday: | 22.2% | |
| 3: | Monday: | 20.4% | |
| 4: | Sunday: | 9.3% | |
| 5: | Saturday: | 7.4% | |
| 6: | Friday: | 5.6% | |
| 7: | Thursday: | 5.6% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The information shown below represents the rush hours in the day. The data is taken from all days of all years. Only 27.8% of all mortgages are received during the morning, while 70.4% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.9% |
| 03:00 to 03:59: | 1.9% |
| 06:00 to 06:59: | 1.9% |
| 07:00 to 07:59: | 5.6% |
| 09:00 to 09:59: | 7.4% |
| 10:00 to 10:59: | 5.6% |
| 11:00 to 11:59: | 5.6% |
| 12:00 to 12:59: | 7.4% |
| 13:00 to 13:59: | 7.4% |
| 14:00 to 14:59: | 13.0% |
| 15:00 to 15:59: | 3.7% |
| 16:00 to 16:59: | 5.6% |
| 17:00 to 17:59: | 3.7% |
| 18:00 to 18:59: | 3.7% |
| 19:00 to 19:59: | 9.3% |
| 20:00 to 20:59: | 7.4% |
| 21:00 to 21:59: | 1.9% |
| 22:00 to 22:59: | 3.7% |
| 23:00 to 23:59: | 3.7% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.48% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.77% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.63% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.60% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 008: | MEDICINE HAT, AB | 0.312% |
| 009: | ST ALBERT, AB | 0.302% |
| 010: | AIRDRIE, AB | 0.256% |
| 011: | BROOKS, AB | 0.209% |
| 012: | SPRUCE GROVE, AB | 0.199% |
| 013: | OKOTOKS, AB | 0.179% |
| 014: | WHITECOURT, AB | 0.146% |
| 015: | STONY PLAIN, AB | 0.126% |
| 016: | CANMORE, AB | 0.113% |
| 017: | COLD LAKE, AB | 0.113% |
| 018: | WETASKIWIN, AB | 0.110% |
| 1 | Aldersyde, Alberta |
| 2 | Black Diamond, Alberta |
| 3 | Blackie, Alberta |
| 4 | De Winton, Alberta |
| 5 | Turner Valley, Alberta |
| 6 | High River, Alberta |
| 7 | Bragg Creek, Alberta |
| 8 | Vulcan, Alberta |
| 9 | Longview, Alberta |
| 10 | Nanton, Alberta |
| 11 | Chestermere, Alberta |
| 12 | Langdon, Alberta |
| 13 | Calgary, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.8% | |
| Refinance: | 24.1% | |
| Pre-approval: | 16.7% | |
| First-time Buyer: | 11.1% | |
| Renewal: | 3.7% | |
| Equity Mortgage: | 3.7% | |
| Purchase: | 3.7% | |
| No Money Down: | 3.7% | |
| Variable Rate: | 3.7% | |
| Second Mortgage: | 1.9% | |
| Total Application Types Found: 10 | ||
Average age: 37
Oldest age: 61
Youngest age: 20
The numbers below represent the average income of people living in Okotoks who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Okotoks: | $59,729.78 |
| applicants within all of Canada: | $56,367.62 |
| Difference: | $3,362.16 |
| mortgage co-applicants in Okotoks: | $36,319.20 |
| co-applicants within all of Canada: | $39,337.45 |
| Difference: | ($3,018.25) |
The following table represents the residential status of people living in Okotoks who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.2% | |
| Own: | 53.7% | |
| No Comment: | 7.4% | |
| Live with parents: | 3.7% |
The information below shows the marital status of applicants from Okotoks, Alberta using the preapproval application found on the CanEquity Mortgage web site. In Okotoks, 55% of the mortgage applicants are living common-law or married, while only 40% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 37.0% | |
| Single: | 35.2% | |
| Common-law: | 18.5% | |
| Separated: | 5.6% | |
| Widowed: | 3.7% |
