Red Deer Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 9.39% | * 0.06% |
| 2007: | 21.55% | 0.13% |
| 2006: | 25.41% | 0.15% |
| 2005: | 16.02% | 0.10% |
| 2004: | 6.63% | 0.04% |
| 2003: | 15.47% | 0.09% |
| 2002: | 5.53% | 0.03% |
The graph below illustrates the individual monthly volume history for Internet applications sent from Red Deer, AB.
The following bar graph displays the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Red Deer mostly occur during our first quarter (represented by the brown bars) with 37.02% while our slowest is the third quarter (represented by the blue bars) with 15.47%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 13.8% | |
| 2: | February: | 13.3% | |
| 3: | June: | 11.1% | |
| 4: | April: | 9.9% | |
| 5: | March: | 9.9% | |
| 6: | July: | 8.3% | |
| 7: | November: | 7.7% | |
| 8: | May: | 7.2% | |
| 9: | October: | 6.6% | |
| 10: | December: | 5.0% | |
| 11: | August: | 3.9% | |
| 12: | September: | 3.3% |
The graph listed below shows the busy days for mortgage inquiries that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Red Deer the busiest day, with 18.78% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 8.84% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 18.8% | |
| 2: | Sunday: | 17.1% | |
| 3: | Thursday: | 16.6% | |
| 4: | Monday: | 14.4% | |
| 5: | Wednesday: | 13.8% | |
| 6: | Friday: | 10.5% | |
| 7: | Saturday: | 8.8% |
In Red Deer, mortgage applications are received 24 hours a day via the CanEquity web site. The following indicates the peak 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: | 1.1% |
| 02:00 to 02:59: | 1.7% |
| 06:00 to 06:59: | 2.8% |
| 07:00 to 07:59: | 2.2% |
| 08:00 to 08:59: | 5.0% |
| 09:00 to 09:59: | 7.2% |
| 10:00 to 10:59: | 6.6% |
| 11:00 to 11:59: | 6.6% |
| 12:00 to 12:59: | 6.6% |
| 13:00 to 13:59: | 2.8% |
| 14:00 to 14:59: | 5.0% |
| 15:00 to 15:59: | 9.9% |
| 16:00 to 16:59: | 3.9% |
| 17:00 to 17:59: | 6.6% |
| 18:00 to 18:59: | 6.1% |
| 19:00 to 19:59: | 8.3% |
| 20:00 to 20:59: | 5.0% |
| 21:00 to 21:59: | 6.6% |
| 22:00 to 22:59: | 3.3% |
| 23:00 to 23:59: | 2.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.48% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.77% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.63% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.60% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 001: | CALGARY, AB | 7.326% |
| 002: | EDMONTON, AB | 4.603% |
| 003: | RED DEER, AB | 0.601% |
| 004: | FORT MCMURRAY, AB | 0.508% |
| 005: | LETHBRIDGE, AB | 0.428% |
| 006: | SHERWOOD PARK, AB | 0.428% |
| 007: | GRANDE PRAIRIE, AB | 0.359% |
| 008: | MEDICINE HAT, AB | 0.312% |
| 1 | Springbrook, Alberta |
| 2 | Blackfalds, Alberta |
| 3 | Red Deer County, Alberta |
| 4 | Lacombe, Alberta |
| 5 | Innisfail, Alberta |
| 6 | Bentley, Alberta |
| 7 | Sylvan Lake, Alberta |
| 8 | Ponoka, Alberta |
| 9 | Bowden, Alberta |
| 10 | Stettler, Alberta |
| 11 | Rimbey, Alberta |
| 12 | Olds, Alberta |
| 13 | Wetaskiwin, Alberta |
| 14 | Three Hills, Alberta |
| 15 | Donalda, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 26.5% | |
| Qualification: | 22.7% | |
| No Money Down: | 17.1% | |
| Refinance: | 12.2% | |
| Renewal: | 5.5% | |
| Purchase: | 5.5% | |
| Variable Rate: | 3.3% | |
| Pre-approval: | 2.2% | |
| Fixed Rate: | 1.1% | |
| Low Doc: | 1.1% | |
| Other: | 3% | |
| Total Application Types Found: 15 | ||
Average age: 33
Oldest age: 67
Youngest age: 19
The figures below represent the average income of people living in Red Deer who have applied for a home loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Red Deer: | $52,798.66 |
| applicants within all of Canada: | $56,367.62 |
| Difference: | ($3,568.95) |
| mortgage co-applicants in Red Deer: | $36,578.70 |
| co-applicants within all of Canada: | $39,337.45 |
| Difference: | ($2,758.76) |
The following depicts the residential status of people living in Red Deer who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 58.6% | |
| Own: | 27.6% | |
| Other: | 1.1% | |
| No Comment: | 10.5% | |
| Live with parents: | 2.2% |
The following pie chart represents the marital status of applicants from Red Deer, Alberta using the preapproval application located at the CanEquity web site. Over 64% of the mortgage applicants are living with someone, while only 35% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.3% | |
| Single: | 29.3% | |
| Common-law: | 19.3% | |
| Divorced: | 4.4% | |
| Separated: | 1.7% |
