Last report update for Redwater: Thursday, May 15, 2008
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Redwater Mortgage
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Related Links:
Bon Accord
Bruderheim
Edmonton
Fort Saskatchewan
Gibbons
Lancaster Park
Legal
Morinville
St Albert
Westlock

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Redwater Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Redwater

Year Year to Year
Comparison
** National
Contribution
2007: 10.00% 0.00%
2006: 10.00% 0.00%
2005: 20.00% 0.01%
2004: 10.00% 0.00%
2002: 50.00% 0.02%

Note: ** Total national contribution of Redwater mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Alberta


Location Contribution
055:  BONNYVILLE, AB 0.036%
056:  COALDALE, AB 0.036%
057:  WESTLOCK, AB 0.036%
058:  VEGREVILLE, AB 0.033%
059:  HIGH LEVEL, AB 0.033%
060:  REDWATER, AB 0.033%
061:  ARDROSSAN, AB 0.033%
062:  HANNA, AB 0.033%
063:  ONOWAY, AB 0.033%
064:  LEGAL, AB 0.033%
065:  LANGDON, AB 0.033%

Nearest Settlements


1Bruderheim, Alberta
2Bon Accord, Alberta
3Fort Saskatchewan, Alberta
4Legal, Alberta
5Gibbons, Alberta
6Lancaster Park, Alberta
7Westlock, Alberta
8Edmonton, Alberta
9Morinville, Alberta
10St Albert, Alberta
11Rochester, Alberta
12Smoky Lake, Alberta


Product Popularity for Redwater


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 50.0%
First-time Buyer: 20.0%
No Money Down: 10.0%
Investment: 10.0%
Home Renovation: 10.0%
 
Total Application Types Found: 5
 Redwater Mortgage Product Popularity Pie Chart

Age Demographics for Redwater Mortgage Applicants

Average age: 35
Oldest age: 45
Youngest age: 20


Incomes for Redwater Mortgage Applicants

The amounts shown below represent the average income of people living in Redwater who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Redwater: $57,900.00
applicants within all of Canada: $56,395.43
Difference: $1,504.57
  

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

Residential Status for Redwater Applicants

The information shown below represents the residential status of people living in Redwater who have submitted an inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 20.0%
Own: 60.0%
No Comment: 20.0%
Redwater Residential Status Pie Chart

Marital Statistics for Redwater Applicants

The pie chart below represents the marital status of applicants from Redwater, Alberta using the mortgage application located at canequity.com. Approximately 40% of the mortgage applicants are living common-law or married, while only 60% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 60.0%
Married: 30.0%
Common-law: 10.0%
Redwater Marital Status Pie Chart