Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Peers: Wednesday, February 8, 2012   
CanEquity Mortgage and Insurance Canada
Canadian Mortgage Rates,
Calculators, News & Insurance
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Edson
Evansburg
Mayerthorpe
Sangudo
Tomahawk
Whitecourt

Peers Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Peers requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Received from Peers

Year Year to Year
Comparison
** National
Contribution
2011: 18.18% 0.00%
2009: 18.18% 0.00%
2008: 9.09% 0.00%
2007: 18.18% 0.00%
2006: 18.18% 0.00%
2004: 9.09% 0.00%
2003: 9.09% 0.00%

Note: ** Total national contribution of Peers mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Alberta


Location Contribution
079:  REDWATER, AB 0.023%
080:  SUNDRE, AB 0.023%
081:  PINCHER CREEK, AB 0.023%
082:  JASPER, AB 0.023%
083:  VERMILION, AB 0.023%
084:  PEERS, AB 0.021%
085:  FAIRVIEW, AB 0.021%
086:  TURNER VALLEY, AB 0.021%
087:  THORSBY, AB 0.021%
088:  CARSTAIRS, AB 0.019%
089:  CAROLINE, AB 0.019%

Nearest Settlements


1Edson, Alberta
2Mayerthorpe, Alberta
3Evansburg, Alberta
4Sangudo, Alberta
5Tomahawk, Alberta
6Whitecourt, Alberta


Product Popularity for Peers


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 63.6%
First-time Buyer: 18.2%
Qualification: 9.1%
No Money Down: 9.1%
 
Total Application Types Found: 4
 Peers Mortgage Product Popularity Pie Chart

Age Demographics for Peers Mortgage Applicants

Average age: 44
Oldest age: 55
Youngest age: 25


Incomes for Peers Mortgage Applicants

The amounts shown below represent the average income of applicants living in Peers who have applied for a loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Peers: $83,669.56
applicants within all of Canada: $59,498.47
Difference: $24,171.09
  

Since the average income of Peers is substantially higher than the Canadian national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Peers: $85,000.00
applicants within all of Canada: $59,498.47
Difference: $25,501.53

Note: Commercial loan amounts were not included for this report, only residential loans from Peers, Alberta were used.

Residential Status for Peers Originated Mortgages

The chart and pie-graph below depicts the residential status of people living in Peers 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: 9.1%
Own: 81.8%
Other: 9.1%
Peers Residential Status Pie Chart

Marital Status for Peers Originated Mortgages

The information below shows the marital status of applicants from Peers, Alberta using the mortgage application found on canequity.com. 36% of the mortgage applicants are living common-law or married, while only 63% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Divorced: 63.6%
Married: 27.3%
Common-law: 9.1%
Peers Marital Status Pie Chart