Last report update for Slave Lake: Wednesday, March 17, 2010
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Slave Lake Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Slave Lake requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Originating from Slave Lake

Year Year to Year
Comparison
** National
Contribution
2009: 3.57% 0.00%
2008: 14.29% 0.01%
2007: 28.57% 0.02%
2006: 14.29% 0.01%
2005: 14.29% 0.01%
2003: 14.29% 0.01%
2002: 10.71% 0.01%

Note: ** Total national contribution of Slave Lake mortgages in the past is currently 0.06% with a projected target of 0.06%.

Busy Days for Mortgage Inquiries within Slave Lake

The bar graph below plots the busy days for Internet applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Slave Lake, the day with the most volume, generating 25.00% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 7.14% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 25.0%
2: Thursday: 21.4%
3: Sunday: 17.9%
4: Friday: 10.7%
5: Wednesday: 10.7%
6: Monday: 7.1%
7: Saturday: 7.1%
Busy Days Report for Slave Lake Mortgages

Peak Hours for Mortgage Applicants within Slave Lake

Mortgage inquiries are received 24 hours a day from the CanEquity web site. The statistics shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years. Only 10.7% of all mortgages are received before noon, while 85.7% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 3.6%
08:00 to 08:59: 3.6%
10:00 to 10:59: 3.6%
11:00 to 11:59: 3.6%
12:00 to 12:59: 7.1%
13:00 to 13:59: 3.6%
14:00 to 14:59: 3.6%
15:00 to 15:59: 10.7%
17:00 to 17:59: 3.6%
18:00 to 18:59: 10.7%
19:00 to 19:59: 7.1%
20:00 to 20:59: 17.9%
21:00 to 21:59: 7.1%
22:00 to 22:59: 7.1%
23:00 to 23:59: 7.1%
Peak Hours Graph for Mortgages in Slave Lake

Note: Only hours that have had mortgages from Slave Lake, Alberta are shown.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.10%
British Columbia: 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Slave Lake Mortgages

Current City Standing within Alberta


Location Contribution
029:  CAMROSE, AB 0.080%
030:  INNISFAIL, AB 0.075%
031:  BEAUMONT, AB 0.073%
032:  ROCKY MOUNTAIN HOUSE, AB 0.073%
033:  CHESTERMERE, AB 0.070%
034:  SLAVE LAKE, AB 0.066%
035:  HINTON, AB 0.066%
036:  PEACE RIVER, AB 0.063%
037:  DRAYTON VALLEY, AB 0.063%
038:  TABER, AB 0.056%
039:  BARRHEAD, AB 0.054%

Nearest Settlements


1Kinuso, Alberta


Product Popularity for Slave Lake


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 28.6%
Qualification: 25.0%
No Money Down: 14.3%
Refinance: 10.7%
Purchase: 7.1%
Low Doc: 3.6%
Commercial: 3.6%
Renewal: 3.6%
Investment: 3.6%
 
Total Application Types Found: 9
 Slave Lake Mortgage Product Popularity Pie Chart

Age Demographics for Slave Lake Applicants

Average age: 35
Oldest age: 54
Youngest age: 23


Incomes for Slave Lake Applicants

The amounts shown below represent the average income of people living in Slave Lake who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Slave Lake: $47,914.77
applicants within all of Canada: $58,582.39
Difference: ($10,667.62)
  
mortgage co-applicants in Slave Lake: $39,371.20
co-applicants within all of Canada: $41,225.82
Difference: ($1,854.62)

Note: Commercial Mortgages were not included for this survey, only residential mortgage loans were used.

Residential Status for Slave Lake Applicants

The following depicts the residential status of people living in Slave Lake who have applied for a mortgage using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 32.1%
Own: 39.3%
Other: 7.1%
No Comment: 14.3%
Live with parents: 7.1%
Slave Lake Residential Status Pie Chart

Marital Status for Slave Lake Applicants

The information below shows the marital status of applicants from Slave Lake, Alberta using the mortgage application found at the CanEquity web site. Approximately 53% of the mortgage applicants are living together with someone, while only 46% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 35.7%
Married: 35.7%
Common-law: 17.9%
Separated: 7.1%
Divorced: 3.6%
Slave Lake Marital Status Pie Chart