Last report update for Onoway: Wednesday, March 17, 2010
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Onoway Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Onoway

Year Year to Year
Comparison
** National
Contribution
2009: 35.29% 0.01%
2008: 11.77% 0.01%
2006: 17.65% 0.01%
2005: 23.53% 0.01%
2004: 11.77% 0.01%

Note: ** Total national contribution of Onoway mortgages in the past is currently 0.04% with a projected target of 0.04%.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.10%
British Columbia: 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
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: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Onoway Mortgages

Current City Standing within Alberta


Location Contribution
046:  BONNYVILLE, AB 0.045%
047:  STETTLER, AB 0.045%
048:  VEGREVILLE, AB 0.042%
049:  GRANDE CACHE, AB 0.042%
050:  NANTON, AB 0.040%
051:  ONOWAY, AB 0.040%
052:  ST PAUL, AB 0.038%
053:  MORINVILLE, AB 0.038%
054:  CLARESHOLM, AB 0.035%
055:  CROSSFIELD, AB 0.035%
056:  THREE HILLS, AB 0.035%

Nearest Settlements


1Alberta Beach, Alberta
2Wabamun, Alberta
3Westlock, Alberta
4Spruce Grove, Alberta
5Carvel, Alberta
6Morinville, Alberta
7St Albert, Alberta
8Tomahawk, Alberta
9Edmonton, Alberta
10Stony Plain, Alberta
11Sangudo, Alberta
12Barrhead, Alberta


Product Popularity for Onoway


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 23.5%
Purchase: 23.5%
First-time Buyer: 17.6%
Refinance: 11.8%
No Money Down: 5.9%
Renewal: 5.9%
Home Renovation: 5.9%
Variable Rate: 5.9%
 
Total Application Types Found: 8
 Onoway Mortgage Product Popularity Pie Chart

Age Demographics for Onoway Mortgages

Average age: 41
Oldest age: 79
Youngest age: 23


Incomes for Onoway Mortgages

The following depicts the average income of Canadians living in Onoway who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Onoway: $67,029.82
applicants within all of Canada: $58,582.39
Difference: $8,447.44
  
mortgage co-applicants in Onoway: $30,250.00
co-applicants within all of Canada: $41,225.82
Difference: ($10,975.82)

Note: Commercial loans were not included for this survey, only residential loans from Onoway, Alberta were used.

Residential Status for Onoway Originated Mortgages

The information below represents the residential status of people living in Onoway who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 17.6%
Own: 58.8%
No Comment: 11.8%
Live with parents: 11.8%
Onoway Residential Status Pie Chart

Marital Statistics for Onoway Originated Mortgages

The following table and pie chart represents the marital status of applicants from Onoway, Alberta using the mortgage application found on canequity.com. In Onoway, over 76% of the mortgage applicants are either married or living common-law, while only 17% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 64.7%
Single: 17.6%
Common-law: 11.8%
Widowed: 5.9%
Onoway Marital Status Pie Chart