Olds Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 9.68% | * 0.01% |
| 2007: | 25.81% | 0.03% |
| 2006: | 9.68% | 0.01% |
| 2005: | 12.90% | 0.01% |
| 2004: | 9.68% | 0.01% |
| 2003: | 29.03% | 0.03% |
| 2002: | 3.23% | 0.00% |
The bar graph below illustrates the busy days for online mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Olds the busiest day, with approximately 32.26% of all submissions, is Monday. In comparison, Sunday's are the slowest day with only 3.23% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 32.3% | |
| 2: | Tuesday: | 19.4% | |
| 3: | Thursday: | 16.1% | |
| 4: | Saturday: | 12.9% | |
| 5: | Wednesday: | 9.7% | |
| 6: | Friday: | 6.5% | |
| 7: | Sunday: | 3.2% |
In Olds, inquiries are received 24 hours a day via the CanEquity web site. The statistics shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 12.9% of all mortgages are received during the morning, while 87.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 3.2% |
| 11:00 to 11:59: | 9.7% |
| 12:00 to 12:59: | 3.2% |
| 13:00 to 13:59: | 9.7% |
| 14:00 to 14:59: | 25.8% |
| 15:00 to 15:59: | 12.9% |
| 16:00 to 16:59: | 3.2% |
| 18:00 to 18:59: | 9.7% |
| 19:00 to 19:59: | 6.5% |
| 20:00 to 20:59: | 3.2% |
| 21:00 to 21:59: | 6.5% |
| 22:00 to 22:59: | 3.2% |
| 23:00 to 23:59: | 3.2% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.46% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.09% |
| Ontario: | 48.63% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 016: | CANMORE, AB | 0.112% |
| 017: | COLD LAKE, AB | 0.112% |
| 018: | WETASKIWIN, AB | 0.109% |
| 019: | FORT SASKATCHEWAN, AB | 0.102% |
| 020: | EDSON, AB | 0.102% |
| 021: | OLDS, AB | 0.102% |
| 022: | COCHRANE, AB | 0.099% |
| 023: | SYLVAN LAKE, AB | 0.099% |
| 024: | LLOYDMINSTER, AB | 0.096% |
| 025: | LACOMBE, AB | 0.093% |
| 026: | HIGH RIVER, AB | 0.093% |
| 1 | Bowden, Alberta |
| 2 | Sundre, Alberta |
| 3 | Didsbury, Alberta |
| 4 | Innisfail, Alberta |
| 5 | Caroline, Alberta |
| 6 | Acme, Alberta |
| 7 | Red Deer County, Alberta |
| 8 | Three Hills, Alberta |
| 9 | Crossfield, Alberta |
| 10 | Cochrane, Alberta |
| 11 | Red Deer, Alberta |
| 12 | Springbrook, Alberta |
| 13 | Carbon, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 22.6% | |
| Qualification: | 19.4% | |
| First-time Buyer: | 19.4% | |
| Purchase: | 16.1% | |
| No Money Down: | 6.5% | |
| Pre-approval: | 3.2% | |
| Commercial: | 3.2% | |
| Second Mortgage: | 3.2% | |
| Renewal: | 3.2% | |
| Investment: | 3.2% | |
| Total Application Types Found: 10 | ||
Average age: 38
Oldest age: 56
Youngest age: 22
The following figures show the average income of Canadians living in Olds who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Olds: | $59,304.83 |
| applicants within all of Canada: | $56,403.93 |
| Difference: | $2,900.91 |
| mortgage co-applicants in Olds: | $34,654.78 |
| co-applicants within all of Canada: | $39,395.85 |
| Difference: | ($4,741.07) |
The information below represents the residential status of people living in Olds who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 29.0% | |
| Own: | 61.3% | |
| Other: | 3.2% | |
| No Comment: | 6.5% |
The following pie chart represents the marital status of applicants from Olds, Alberta using the mortgage preapproval application found on the CanEquity Mortgage web site. In Olds, 61% of the mortgage applicants are living common-law or married, while only 38% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 54.8% | |
| Single: | 32.3% | |
| Common-law: | 6.5% | |
| Divorced: | 3.2% | |
| Separated: | 3.2% |
