Red Deer Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 1.52% | * 0.01% |
| 2009: | 19.39% | 0.12% |
| 2008: | 16.73% | 0.10% |
| 2007: | 14.83% | 0.09% |
| 2006: | 17.49% | 0.11% |
| 2005: | 11.03% | 0.07% |
| 2004: | 4.56% | 0.03% |
| 2003: | 10.65% | 0.07% |
| 2002: | 3.80% | 0.02% |
The following bar graph depicts the individual monthly volume history for Internet mortgage pre-approval applications from Red Deer, AB.
The bar graph below illustrates the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Red Deer seem to occur during our second quarter (represented by the green bars) with 34.98% while our slowest is the third quarter (represented by the blue bars) with 15.97%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 12.6% | |
| 2: | January: | 12.2% | |
| 3: | February: | 11.8% | |
| 4: | June: | 11.8% | |
| 5: | April: | 10.7% | |
| 6: | March: | 8.8% | |
| 7: | July: | 8.0% | |
| 8: | November: | 6.8% | |
| 9: | October: | 5.3% | |
| 10: | August: | 4.9% | |
| 11: | December: | 4.2% | |
| 12: | September: | 3.0% |
The graph below shows the busy days for online inquiries that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Red Deer the busiest day, with 19.39% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 9.51% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.4% | |
| 2: | Thursday: | 16.0% | |
| 3: | Sunday: | 15.6% | |
| 4: | Wednesday: | 15.2% | |
| 5: | Monday: | 13.3% | |
| 6: | Friday: | 11.0% | |
| 7: | Saturday: | 9.5% |
In Red Deer, mortgages are received 24 hours a day via the CanEquity web site. The time periods below 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: | 1.5% |
| 02:00 to 02:59: | 1.1% |
| 03:00 to 03:59: | 0.4% |
| 06:00 to 06:59: | 3.4% |
| 07:00 to 07:59: | 1.9% |
| 08:00 to 08:59: | 3.4% |
| 09:00 to 09:59: | 6.5% |
| 10:00 to 10:59: | 6.5% |
| 11:00 to 11:59: | 8.4% |
| 12:00 to 12:59: | 5.7% |
| 13:00 to 13:59: | 3.0% |
| 14:00 to 14:59: | 6.8% |
| 15:00 to 15:59: | 8.7% |
| 16:00 to 16:59: | 4.2% |
| 17:00 to 17:59: | 6.8% |
| 18:00 to 18:59: | 7.2% |
| 19:00 to 19:59: | 8.7% |
| 20:00 to 20:59: | 4.6% |
| 21:00 to 21:59: | 5.7% |
| 22:00 to 22:59: | 2.7% |
| 23:00 to 23:59: | 2.7% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.90% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 001: | CALGARY, AB | 7.190% |
| 002: | EDMONTON, AB | 4.551% |
| 003: | RED DEER, AB | 0.619% |
| 004: | FORT MCMURRAY, AB | 0.567% |
| 005: | LETHBRIDGE, AB | 0.423% |
| 006: | SHERWOOD PARK, AB | 0.402% |
| 007: | GRANDE PRAIRIE, AB | 0.350% |
| 008: | ST ALBERT, AB | 0.315% |
| 1 | Springbrook, Alberta |
| 2 | Blackfalds, Alberta |
| 3 | Red Deer County, Alberta |
| 4 | Delburne, Alberta |
| 5 | Lacombe, Alberta |
| 6 | Innisfail, Alberta |
| 7 | Bentley, Alberta |
| 8 | Sylvan Lake, Alberta |
| 9 | Bashaw, Alberta |
| 10 | Ponoka, Alberta |
| 11 | Stettler, Alberta |
| 12 | Bowden, Alberta |
| 13 | Rimbey, Alberta |
| 14 | Olds, Alberta |
| 15 | Wetaskiwin, Alberta |
| 16 | Three Hills, Alberta |
| 17 | Donalda, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 24.7% | |
| First-time Buyer: | 22.1% | |
| No Money Down: | 18.6% | |
| Refinance: | 12.9% | |
| Renewal: | 6.8% | |
| Purchase: | 6.1% | |
| Variable Rate: | 2.7% | |
| Pre-approval: | 1.9% | |
| Equity Mortgage: | 1.1% | |
| Other: | 3.2% | |
| Total Application Types Found: 15 | ||
Average age: 34
Oldest age: 70
Youngest age: 19
The amounts shown below represent the average income of people living in Red Deer who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Red Deer: | $55,709.25 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($2,872.00) |
| mortgage co-applicants in Red Deer: | $37,989.15 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | ($3,220.42) |
The chart and pie-graph below depicts the residential status of people living in Red Deer who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 54.8% | |
| Own: | 33.1% | |
| Other: | 1.9% | |
| No Comment: | 7.2% | |
| Live with parents: | 3.0% |
The following information represents the marital status of applicants from Red Deer, Alberta using the mortgage application found on the CanEquity Mortgage web site. Over 61% of the mortgage applicants are living common-law or married, while only 38% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.2% | |
| Single: | 30.4% | |
| Common-law: | 16.0% | |
| Divorced: | 5.7% | |
| Separated: | 2.7% |
