Last report update for Peace River: Monday, June 30, 2008
Canada Mortgages
Peace River Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Fairview
Hines Creek

Have an idea or suggestion on improving the Peace River mortgage stats page, please send us an e-mail.



Peace River Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Peace River requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Received from Peace River

Year Year to Year
Comparison
** National
Contribution
2008: * 9.52% * 0.01%
2007: 23.81% 0.02%
2006: 9.52% 0.01%
2005: 23.81% 0.02%
2004: 9.52% 0.01%
2003: 4.76% 0.00%
2002: 19.05% 0.01%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 14.29% and 0.01% respectively. ** Total national contribution of Peace River mortgages in the past is currently 0.07% with a projected target of 0.07%.

Peak Hours for Applicants within Peace River

In Peace River, inquiries are received 24 hours a day via our web site. The following indicates the rush hours in the day. The data is taken from all days of all years. Only 33.3% of all mortgages are received during the morning, while 61.9% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 4.8%
07:00 to 07:59: 4.8%
10:00 to 10:59: 4.8%
11:00 to 11:59: 23.8%
12:00 to 12:59: 4.8%
13:00 to 13:59: 4.8%
14:00 to 14:59: 23.8%
15:00 to 15:59: 9.5%
16:00 to 16:59: 4.8%
20:00 to 20:59: 9.5%
21:00 to 21:59: 4.8%
Peak Hours Graph for Mortgages in Peace River

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

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.08%
British Columbia: 11.39%
Manitoba: 2.10%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.16%
Nova Scotia: 2.80%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario: 48.59%
Prince Edward Island: 0.38%
Quebec: 3.80%
Saskatchewan: 5.56%
Yukon Territories: 0.21%
Peace River Mortgages

Current City Standing within Alberta


Location Contribution
029:  ROCKY MOUNTAIN HOUSE, AB 0.081%
030:  LEDUC, AB 0.074%
031:  CAMROSE, AB 0.071%
032:  HINTON, AB 0.071%
033:  BEAUMONT, AB 0.071%
034:  PEACE RIVER, AB 0.068%
035:  INNISFAIL, AB 0.064%
036:  DRAYTON VALLEY, AB 0.064%
037:  DRUMHELLER, AB 0.061%
038:  CHESTERMERE, AB 0.055%
039:  PONOKA, AB 0.055%

Nearest Settlements


1Hines Creek, Alberta
2Fairview, Alberta


Product Popularity for Peace River


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 23.8%
Refinance: 23.8%
Qualification: 19.0%
No Money Down: 9.5%
Short Term Open: 9.5%
Purchase: 4.8%
Investment: 4.8%
Variable Rate: 4.8%
 
Total Application Types Found: 8
 Peace River Mortgage Product Popularity Pie Chart

Age Demographics for Peace River Mortgage Applicants

Average age: 38
Oldest age: 54
Youngest age: 24


Incomes for Peace River Mortgage Applicants

The amounts shown below represent the average income of applicants living in Peace River 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 Peace River: $58,309.60
applicants within all of Canada: $56,539.94
Difference: $1,769.66
  
mortgage co-applicants in Peace River: $43,527.71
co-applicants within all of Canada: $39,480.41
Difference: $4,047.30

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

Residential Status for Peace River Mortgages

The table and pie chart below represents the residential status of people living in Peace River 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: 42.9%
Own: 33.3%
No Comment: 23.8%
Peace River Residential Status Pie Chart

Marital Stats for Peace River Mortgages

The following information represents the marital status of applicants from Peace River, Alberta using the preapproval application found at canequity.com. 76% of the mortgage applicants are living together with someone, while only 23% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.1%
Common-law: 19.0%
Single: 19.0%
Separated: 4.8%
Peace River Marital Status Pie Chart