Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Olds: Wednesday, February 1, 2012   
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Olds Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Olds requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages from Olds

Year Year to Year
Comparison
** National
Contribution
2011: 7.55% 0.01%
2010: 9.43% 0.01%
2009: 15.09% 0.01%
2008: 15.09% 0.01%
2007: 15.09% 0.01%
2006: 5.66% 0.01%
2005: 7.55% 0.01%
2004: 5.66% 0.01%
2003: 16.98% 0.02%
2002: 1.89% 0.00%

Note: ** Total national contribution of Olds mortgages in the past is currently 0.10% with a projected target of 0.10%.

Busy Months for Online Applications within Olds

The 6-year bar graph below illustrates the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Olds seem to occur during our second quarter (represented by the green bars) with 35.85% while our slowest is the fourth quarter (represented by the red bars) with 16.98%.

RankMonth Percentage
of Inquiries
1: May: 15.1%
2: July: 15.1%
3: March: 15.1%
4: June: 11.3%
5: April: 9.4%
6: December: 9.4%
7: February: 7.5%
8: August: 5.7%
9: October: 5.7%
10: January: 3.8%
11: November: 1.9%
12: December: 0.0%
Busy Months Report for Olds Mortgages

Busy Days for Applications within Olds

The graph below displays the busy days for online applications that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Olds, the day with the most volume, having more than 30.19% of all inquiries, is Monday. In comparison, Friday's are the slowest day with only 5.66% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 30.2%
2: Tuesday: 15.1%
3: Saturday: 15.1%
4: Thursday: 15.1%
5: Wednesday: 11.3%
6: Sunday: 7.5%
7: Friday: 5.7%
Busy Days Report for Olds Mortgages

Peak Hours for Mortgages within Olds

In Olds, mortgages are received 24 hours a day via the CanEquity web site. The report shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 1.9%
02:00 to 02:59: 1.9%
07:00 to 07:59: 1.9%
09:00 to 09:59: 7.5%
11:00 to 11:59: 9.4%
12:00 to 12:59: 3.8%
13:00 to 13:59: 9.4%
14:00 to 14:59: 15.1%
15:00 to 15:59: 13.2%
16:00 to 16:59: 7.5%
18:00 to 18:59: 7.5%
19:00 to 19:59: 5.7%
20:00 to 20:59: 3.8%
21:00 to 21:59: 7.5%
22:00 to 22:59: 1.9%
23:00 to 23:59: 1.9%
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 20.94%
British Columbia: 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario: 48.07%
Prince Edward Island: 0.53%
Quebec: 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Olds Mortgages

Current City Standing within Alberta


Location Contribution
018:  EDSON, AB 0.115%
019:  LEDUC, AB 0.113%
020:  STRATHMORE, AB 0.111%
021:  SYLVAN LAKE, AB 0.111%
022:  WETASKIWIN, AB 0.108%
023:  OLDS, AB 0.100%
024:  FORT SASKATCHEWAN, AB 0.098%
025:  COCHRANE, AB 0.098%
026:  CANMORE, AB 0.096%
027:  HIGH RIVER, AB 0.091%
028:  CAMROSE, AB 0.087%

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: 24.5%
Qualification: 18.9%
First-time Buyer: 17.0%
Purchase: 15.1%
Renewal: 7.5%
No Money Down: 5.7%
Pre-approval: 3.8%
Second Mortgage: 3.8%
Commercial: 1.9%
Investment: 1.9%
 
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 home loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Olds: $59,722.80
applicants within all of Canada: $59,498.47
Difference: $224.34
  
mortgage co-applicants in Olds: $34,072.86
co-applicants within all of Canada: $42,403.13
Difference: ($8,330.27)

Note: Commercial loans were not included for this report, only residential mortgage loans were used.

Residential Status for Olds Originated Mortgages

The following depicts the residential status of people living in Olds who have applied for a mortgage using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 28.3%
Own: 62.3%
Other: 3.8%
No Comment: 3.8%
Live with parents: 1.9%
Olds Residential Status Pie Chart

Marital Statistics for Olds Originated Mortgages

The information below shows the marital status of applicants from Olds, Alberta using the preapproval application located at canequity.com. In Olds, 69% of the mortgage applicants are living common-law or married, while only 30% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 64.2%
Single: 22.6%
Common-law: 5.7%
Divorced: 3.8%
Separated: 3.8%
Olds Marital Status Pie Chart