Sherwood Park Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 12.31% | * 0.05% |
| 2007: | 15.39% | 0.07% |
| 2006: | 15.39% | 0.07% |
| 2005: | 18.46% | 0.08% |
| 2004: | 11.54% | 0.05% |
| 2003: | 11.54% | 0.05% |
| 2002: | 15.39% | 0.07% |
The 6-year bar graph below displays the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sherwood Park seem to occur during our first quarter (represented by the brown bars) with 39.23% while our slowest is the fourth quarter (represented by the red bars) with 15.38%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 16.1% | |
| 2: | March: | 16.1% | |
| 3: | February: | 13.9% | |
| 4: | January: | 9.2% | |
| 5: | July: | 8.5% | |
| 6: | October: | 8.5% | |
| 7: | August: | 7.7% | |
| 8: | November: | 4.6% | |
| 9: | April: | 4.6% | |
| 10: | September: | 4.6% | |
| 11: | June: | 3.9% | |
| 12: | December: | 2.3% |
The bar graph listed below compares the busy days for Internet mortgage applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Sherwood Park the busiest day of the week, with 24.62% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 3.08% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 24.6% | |
| 2: | Tuesday: | 16.9% | |
| 3: | Wednesday: | 16.9% | |
| 4: | Thursday: | 15.4% | |
| 5: | Friday: | 13.1% | |
| 6: | Sunday: | 10.0% | |
| 7: | Saturday: | 3.1% |
Mortgage applications are received 24 hours a day via our web site. The time periods below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 25.4% of all mortgages are received before noon, while 72.3% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.8% |
| 01:00 to 01:59: | 0.8% |
| 02:00 to 02:59: | 0.8% |
| 06:00 to 06:59: | 0.8% |
| 07:00 to 07:59: | 1.5% |
| 09:00 to 09:59: | 7.7% |
| 10:00 to 10:59: | 6.2% |
| 11:00 to 11:59: | 9.2% |
| 12:00 to 12:59: | 5.4% |
| 13:00 to 13:59: | 6.2% |
| 14:00 to 14:59: | 7.7% |
| 15:00 to 15:59: | 7.7% |
| 16:00 to 16:59: | 10.0% |
| 17:00 to 17:59: | 4.6% |
| 18:00 to 18:59: | 6.2% |
| 19:00 to 19:59: | 6.2% |
| 20:00 to 20:59: | 6.9% |
| 21:00 to 21:59: | 4.6% |
| 22:00 to 22:59: | 3.1% |
| 23:00 to 23:59: | 3.8% |
| 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: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.35% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 001: | CALGARY, AB | 7.339% |
| 002: | EDMONTON, AB | 4.598% |
| 003: | RED DEER, AB | 0.602% |
| 004: | FORT MCMURRAY, AB | 0.506% |
| 005: | LETHBRIDGE, AB | 0.430% |
| 006: | SHERWOOD PARK, AB | 0.430% |
| 007: | GRANDE PRAIRIE, AB | 0.357% |
| 008: | MEDICINE HAT, AB | 0.311% |
| 009: | ST ALBERT, AB | 0.301% |
| 010: | AIRDRIE, AB | 0.255% |
| 011: | BROOKS, AB | 0.209% |
| 1 | Beaumont, Alberta |
| 2 | Edmonton, Alberta |
| 3 | Ardrossan, Alberta |
| 4 | Kingman, Alberta |
| 5 | Lancaster Park, Alberta |
| 6 | Spruce Grove, Alberta |
| 7 | Leduc, Alberta |
| 8 | Tofield, Alberta |
| 9 | St Albert, Alberta |
| 10 | Devon, Alberta |
| 11 | Camrose, Alberta |
| 12 | Fort Saskatchewan, Alberta |
| 13 | Stony Plain, Alberta |
| 14 | Bon Accord, Alberta |
| 15 | Morinville, Alberta |
| 16 | Gibbons, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 19.2% | |
| Renewal: | 18.5% | |
| Qualification: | 16.9% | |
| Refinance: | 16.9% | |
| Purchase: | 9.2% | |
| No Money Down: | 4.6% | |
| Variable Rate: | 3.1% | |
| Pre-approval: | 2.3% | |
| Commercial: | 2.3% | |
| Investment: | 2.3% | |
| Low Doc: | 1.5% | |
| Second Mortgage: | 1.5% | |
| Other: | 1.6% | |
| Total Application Types Found: 14 | ||
Average age: 39
Oldest age: 84
Youngest age: 21
The figures below represent the average income of applicants living in Sherwood Park who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sherwood Park: | $67,137.38 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | $10,753.08 |
| mortgage co-applicants in Sherwood Park: | $44,518.77 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | $5,143.24 |
The information below represents the residential status of people living in Sherwood Park who have submitted an inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 29.2% | |
| Own: | 43.8% | |
| Other: | 0.8% | |
| No Comment: | 23.8% | |
| Live with parents: | 2.3% |
The pie chart below represents the marital status of applicants from Sherwood Park, Alberta using the mortgage application located at the CanEquity web site. In Sherwood Park, approximately 73% of the mortgage applicants are living common-law or married, while only 26% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.8% | |
| Single: | 20.8% | |
| Common-law: | 13.1% | |
| Divorced: | 3.8% | |
| Separated: | 1.5% |
