Last report update for Olds: Sunday, March 21, 2010
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Olds Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Olds

Year Year to Year
Comparison
** National
Contribution
2010: * 2.22% * 0.00%
2009: 17.78% 0.02%
2008: 17.78% 0.02%
2007: 17.78% 0.02%
2006: 6.67% 0.01%
2005: 8.89% 0.01%
2004: 6.67% 0.01%
2003: 20.00% 0.02%
2002: 2.22% 0.00%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 8.89% and 0.01% respectively. ** Total national contribution of Olds mortgages in the past is currently 0.11% with a projected target of 0.11%.

Busy Days for Applications within Olds

The data below displays the busy days for 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 day with the most volume, generating 31.11% of all applications, is Monday. In comparison, Sunday's are the slowest day with only 2.22% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 31.1%
2: Tuesday: 17.8%
3: Thursday: 17.8%
4: Saturday: 15.6%
5: Wednesday: 8.9%
6: Friday: 6.7%
7: Sunday: 2.2%
Busy Days Report for Olds Mortgages

Peak Hours for Based Mortgages within Olds

In Olds, mortgages are received 24 hours a day from the CanEquity web site. The time periods below represents the rush hours in the day. The data is taken from all days of all years. Only 20.0% of all mortgages are received during the morning, while 77.8% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 2.2%
07:00 to 07:59: 2.2%
09:00 to 09:59: 8.9%
11:00 to 11:59: 8.9%
12:00 to 12:59: 2.2%
13:00 to 13:59: 8.9%
14:00 to 14:59: 17.8%
15:00 to 15:59: 13.3%
16:00 to 16:59: 8.9%
18:00 to 18:59: 8.9%
19:00 to 19:59: 4.4%
20:00 to 20:59: 4.4%
21:00 to 21:59: 4.4%
22:00 to 22:59: 2.2%
23:00 to 23:59: 2.2%
Peak Hours Graph for Mortgages in Olds

Note: Only hours that have had mortgages from Olds, Alberta are shown.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.11%
British Columbia: 10.86%
Manitoba: 2.09%
New Brunswick: 2.11%
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: 4.15%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
Olds Mortgages

Current City Standing within Alberta


Location Contribution
018:  SYLVAN LAKE, AB 0.117%
019:  EDSON, AB 0.115%
020:  LLOYDMINSTER, AB 0.108%
021:  CANMORE, AB 0.108%
022:  STRATHMORE, AB 0.105%
023:  OLDS, AB 0.105%
024:  FORT SASKATCHEWAN, AB 0.101%
025:  COCHRANE, AB 0.098%
026:  LACOMBE, AB 0.094%
027:  LEDUC, AB 0.094%
028:  HIGH RIVER, AB 0.089%

Nearest Settlements


1Bowden, Alberta
2Sundre, Alberta
3Cremona, Alberta
4Didsbury, Alberta
5Innisfail, Alberta
6Carstairs, Alberta
7Caroline, Alberta
8Acme, Alberta
9Red Deer County, Alberta
10Three Hills, Alberta
11Crossfield, Alberta
12Cochrane, Alberta
13Red Deer, Alberta
14Springbrook, Alberta
15Carbon, Alberta


Product Popularity for Olds


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 24.4%
Qualification: 20.0%
First-time Buyer: 17.8%
Purchase: 13.3%
No Money Down: 6.7%
Renewal: 6.7%
Pre-approval: 4.4%
Commercial: 2.2%
Second Mortgage: 2.2%
Investment: 2.2%
 
Total Application Types Found: 10
 Olds Mortgage Product Popularity Pie Chart

Age Demographics for Olds Mortgage Applicants

Average age: 38
Oldest age: 61
Youngest age: 22


Incomes for Olds Mortgage Applicants

The following figures show the average income of people living in Olds who have applied for a loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Olds: $58,482.28
applicants within all of Canada: $58,592.40
Difference: ($110.12)
  
mortgage co-applicants in Olds: $36,658.13
co-applicants within all of Canada: $41,278.89
Difference: ($4,620.77)

Note: Commercial Mortgage loans were not included for this section, only home loans from Olds, Alberta were used.

Residential Status for Olds Mortgages

The following depicts the residential status of people living in Olds who have applied for a loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 28.9%
Own: 60.0%
Other: 4.4%
No Comment: 4.4%
Live with parents: 2.2%
Olds Residential Status Pie Chart

Marital Statistics for Olds Mortgages

The pie chart below represents the marital status of applicants from Olds, Alberta using the mortgage application found at canequity.com. Approximately 66% of the mortgage applicants are living together with someone, while only 33% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 60.0%
Single: 26.7%
Common-law: 6.7%
Separated: 4.4%
Divorced: 2.2%
Olds Marital Status Pie Chart