Last report update for Redwater: Wednesday, March 17, 2010
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Related Links:
Bon Accord
Bruderheim
Edmonton
Fort Saskatchewan
Gibbons
Lancaster Park
Legal
Morinville
St Michael
Westlock


Redwater Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Redwater

Year Year to Year
Comparison
** National
Contribution
2009: 16.67% 0.01%
2007: 8.33% 0.00%
2006: 8.33% 0.00%
2005: 16.67% 0.01%
2004: 8.33% 0.00%
2002: 41.67% 0.01%

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
065:  WESTLOCK, AB 0.031%
066:  LEGAL, AB 0.031%
067:  GIBBONS, AB 0.028%
068:  TOFIELD, AB 0.028%
069:  COALDALE, AB 0.028%
070:  REDWATER, AB 0.028%
071:  WEMBLEY, AB 0.028%
072:  JASPER, AB 0.028%
073:  BANFF, AB 0.026%
074:  RIMBEY, AB 0.026%
075:  SUNDRE, AB 0.026%

Nearest Settlements


1Bruderheim, Alberta
2Bon Accord, Alberta
3Fort Saskatchewan, Alberta
4Legal, Alberta
5Gibbons, Alberta
6St Michael, Alberta
7Lancaster Park, Alberta
8Westlock, Alberta
9Edmonton, Alberta
10Morinville, Alberta
11St Albert, Alberta
12Rochester, Alberta
13Smoky Lake, Alberta


Product Popularity for Redwater


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 41.7%
First-time Buyer: 33.3%
No Money Down: 8.3%
Investment: 8.3%
Home Renovation: 8.3%
 
Total Application Types Found: 5
 Redwater Mortgage Product Popularity Pie Chart

Age Demographics for Redwater Mortgage Applicants

Average age: 34
Oldest age: 45
Youngest age: 20


Incomes for Redwater Mortgage Applicants

The following figures show the average income of people living in Redwater who have submitted a mortgage inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Redwater: $56,416.67
applicants within all of Canada: $58,582.39
Difference: ($2,165.72)
  

Note: Commercial Mortgages were not included for this report, only residential loans from Redwater, Alberta were used.

Residential Status for Redwater Based Mortgages

The information shown below represents the residential status of people living in Redwater who have applied for a mortgage using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 25.0%
Own: 50.0%
Other: 8.3%
No Comment: 16.7%
Redwater Residential Status Pie Chart

Marital Statistics for Redwater Based Mortgages

The following pie chart represents the marital status of applicants from Redwater, Alberta using the online mortgage application found on canequity.com. In Redwater, 41% of the mortgage applicants are either married or living common-law, while only 58% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 58.3%
Married: 33.3%
Common-law: 8.3%
Redwater Marital Status Pie Chart