Last report update for Peace River: Wednesday, March 17, 2010
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Peace River Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Peace River

Year Year to Year
Comparison
** National
Contribution
2010: * 3.70% * 0.00%
2009: 14.82% 0.01%
2008: 11.11% 0.01%
2007: 18.52% 0.01%
2006: 7.41% 0.01%
2005: 18.52% 0.01%
2004: 7.41% 0.01%
2003: 3.70% 0.00%
2002: 14.82% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 14.82% and 0.01% respectively. ** Total national contribution of Peace River mortgages in the past is currently 0.06% with a projected target of 0.07%.

Busy Days for Mortgages within Peace River

The graph below shows the busy days for online applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Peace River, the day with the most volume, having more than 25.93% of all submissions, is Monday. In comparison, Thursday's are the slowest day with only 7.41% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 25.9%
2: Sunday: 25.9%
3: Tuesday: 11.1%
4: Friday: 11.1%
5: Saturday: 11.1%
6: Wednesday: 7.4%
7: Thursday: 7.4%
Busy Days Report for Peace River Mortgages

Peak Hours for Mortgage Applicants within Peace River

In Peace River, applications are received 24 hours a day via our web site. The following indicates the busy hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 3.7%
07:00 to 07:59: 3.7%
10:00 to 10:59: 3.7%
11:00 to 11:59: 18.5%
12:00 to 12:59: 3.7%
13:00 to 13:59: 3.7%
14:00 to 14:59: 25.9%
15:00 to 15:59: 7.4%
16:00 to 16:59: 7.4%
19:00 to 19:59: 3.7%
20:00 to 20:59: 7.4%
21:00 to 21:59: 3.7%
22:00 to 22:59: 7.4%
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 21.10%
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%
Peace River Mortgages

Current City Standing within Alberta


Location Contribution
031:  BEAUMONT, AB 0.073%
032:  ROCKY MOUNTAIN HOUSE, AB 0.073%
033:  CHESTERMERE, AB 0.070%
034:  SLAVE LAKE, AB 0.066%
035:  HINTON, AB 0.066%
036:  PEACE RIVER, AB 0.063%
037:  DRAYTON VALLEY, AB 0.063%
038:  TABER, AB 0.056%
039:  BARRHEAD, AB 0.054%
040:  ATHABASCA, AB 0.052%
041:  HIGH PRAIRIE, AB 0.052%

Nearest Settlements


1Grimshaw, Alberta
2St Isidore, Alberta
3Manning, Alberta


Product Popularity for Peace River


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 22.2%
First-time Buyer: 22.2%
Refinance: 18.5%
No Money Down: 7.4%
Purchase: 7.4%
Short Term Open: 7.4%
Low Doc: 3.7%
Pre-approval: 3.7%
Investment: 3.7%
Variable Rate: 3.7%
 
Total Application Types Found: 10
 Peace River Mortgage Product Popularity Pie Chart

Age Demographics for Peace River Mortgages

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


Incomes for Peace River Mortgages

The information below represents the average income of Canadians living in Peace River who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Peace River: $59,156.76
applicants within all of Canada: $58,582.39
Difference: $574.37
  
mortgage co-applicants in Peace River: $42,188.22
co-applicants within all of Canada: $41,225.82
Difference: $962.40

Note: Commercial Mortgages were not included for this section, only residential mortgages were used.

Residential Status for Peace River Mortgage Applicants

The following table represents the residential status of people living in Peace River who have applied for a home loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 44.4%
Own: 37.0%
No Comment: 18.5%
Peace River Residential Status Pie Chart

Marital Statistics for Peace River Mortgage Applicants

The following table and pie chart represents the marital status of applicants from Peace River, Alberta using the online mortgage application found at canequity.com. In Peace River, approximately 77% of the mortgage applicants are living common-law or married, while only 22% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 63.0%
Single: 18.5%
Common-law: 14.8%
Separated: 3.7%
Peace River Marital Status Pie Chart