Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 16.67% | 0.00% |
| 2007: | 8.33% | 0.00% |
| 2006: | 8.33% | 0.00% |
| 2005: | 16.67% | 0.00% |
| 2004: | 8.33% | 0.00% |
| 2002: | 41.67% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 074: | LEGAL, AB | 0.026% |
| 075: | LANCASTER PARK, AB | 0.025% |
| 076: | DE WINTON, AB | 0.025% |
| 077: | TOFIELD, AB | 0.025% |
| 078: | BOWDEN, AB | 0.025% |
| 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% |
| 1 | Bruderheim, Alberta |
| 2 | Bon Accord, Alberta |
| 3 | Fort Saskatchewan, Alberta |
| 4 | Legal, Alberta |
| 5 | Gibbons, Alberta |
| 6 | St Michael, Alberta |
| 7 | Lancaster Park, Alberta |
| 8 | Westlock, Alberta |
| 9 | Edmonton, Alberta |
| 10 | Morinville, Alberta |
| 11 | St Albert, Alberta |
| 12 | Rochester, Alberta |
| 13 | Smoky Lake, Alberta |
| 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 | ||
Average age: 34
Oldest age: 45
Youngest age: 20
The information below represents the average income of people living in Redwater 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 Redwater: | $56,416.67 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($3,081.80) |
The following table represents the residential status of people living in Redwater who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 25.0% | |
| Own: | 50.0% | |
| Other: | 8.3% | |
| No Comment: | 16.7% |
The following table and pie chart represents the marital status of applicants from Redwater, Alberta using the mortgage preapproval application found on canequity.com. In Redwater, approximately 41% of the mortgage applicants are either married or living common-law, while only 58% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 58.3% | |
| Married: | 33.3% | |
| Common-law: | 8.3% |
