Olds Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| 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% |
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% |
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% |
| 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% |
| 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% |
| 1 | Bowden, Alberta |
| 2 | Sundre, Alberta |
| 3 | Cremona, Alberta |
| 4 | Didsbury, Alberta |
| 5 | Innisfail, Alberta |
| 6 | Carstairs, Alberta |
| 7 | Caroline, Alberta |
| 8 | Acme, Alberta |
| 9 | Red Deer County, Alberta |
| 10 | Three Hills, Alberta |
| 11 | Crossfield, Alberta |
| 12 | Cochrane, Alberta |
| 13 | Red Deer, Alberta |
| 14 | Springbrook, Alberta |
| 15 | Carbon, Alberta |
| 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 | ||
Average age: 38
Oldest age: 61
Youngest age: 22
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) |
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% |
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% |
