Spruce Grove Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.37% | * 0.01% |
| 2009: | 19.10% | 0.04% |
| 2008: | 16.85% | 0.04% |
| 2007: | 17.98% | 0.04% |
| 2006: | 14.61% | 0.03% |
| 2005: | 14.61% | 0.03% |
| 2004: | 3.37% | 0.01% |
| 2003: | 3.37% | 0.01% |
| 2002: | 6.74% | 0.01% |
The following illustrates the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Spruce Grove occur during our first quarter (represented by the brown bars) with 33.71% while our slowest is the second quarter (represented by the green bars) with 20.22%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 13.5% | |
| 2: | March: | 12.4% | |
| 3: | July: | 10.1% | |
| 4: | August: | 10.1% | |
| 5: | December: | 9.0% | |
| 6: | June: | 9.0% | |
| 7: | February: | 7.9% | |
| 8: | October: | 7.9% | |
| 9: | May: | 6.7% | |
| 10: | November: | 5.6% | |
| 11: | April: | 4.5% | |
| 12: | September: | 3.4% |
The bar graph listed below plots the busy days for Internet mortgage 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 Spruce Grove the busiest day, with 22.47% of all applications, is Monday. In comparison, Wednesday's are the slowest day with only 11.24% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 22.5% | |
| 2: | Friday: | 14.6% | |
| 3: | Tuesday: | 13.5% | |
| 4: | Sunday: | 13.5% | |
| 5: | Thursday: | 12.4% | |
| 6: | Saturday: | 12.4% | |
| 7: | Wednesday: | 11.2% |
Mortgage inquiries are received 24 hours a day from the CanEquity web site. The graph shown below indicates the peak hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.1% |
| 01:00 to 01:59: | 1.1% |
| 06:00 to 06:59: | 1.1% |
| 08:00 to 08:59: | 4.5% |
| 09:00 to 09:59: | 6.7% |
| 10:00 to 10:59: | 3.4% |
| 11:00 to 11:59: | 6.7% |
| 12:00 to 12:59: | 4.5% |
| 13:00 to 13:59: | 5.6% |
| 14:00 to 14:59: | 9.0% |
| 15:00 to 15:59: | 5.6% |
| 16:00 to 16:59: | 3.4% |
| 17:00 to 17:59: | 9.0% |
| 18:00 to 18:59: | 7.9% |
| 19:00 to 19:59: | 6.7% |
| 20:00 to 20:59: | 7.9% |
| 21:00 to 21:59: | 10.1% |
| 22:00 to 22:59: | 4.5% |
| 23:00 to 23:59: | 1.1% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.14% |
| British Columbia: | 10.92% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.89% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.09% |
| Ontario: | 48.84% |
| Prince Edward Island: | 0.43% |
| Quebec: | 4.05% |
| Saskatchewan: | 5.08% |
| Yukon Territories: | 0.25% |
| Location | Contribution | |
|---|---|---|
| 007: | GRANDE PRAIRIE, AB | 0.355% |
| 008: | ST ALBERT, AB | 0.316% |
| 009: | MEDICINE HAT, AB | 0.307% |
| 010: | AIRDRIE, AB | 0.273% |
| 011: | OKOTOKS, AB | 0.223% |
| 012: | SPRUCE GROVE, AB | 0.213% |
| 013: | BROOKS, AB | 0.201% |
| 014: | WHITECOURT, AB | 0.153% |
| 015: | STONY PLAIN, AB | 0.144% |
| 016: | COLD LAKE, AB | 0.139% |
| 017: | SYLVAN LAKE, AB | 0.120% |
| 1 | Stony Plain, Alberta |
| 2 | St Albert, Alberta |
| 3 | Edmonton, Alberta |
| 4 | Devon, Alberta |
| 5 | Carvel, Alberta |
| 6 | Lancaster Park, Alberta |
| 7 | Morinville, Alberta |
| 8 | Beaumont, Alberta |
| 9 | Sherwood Park, Alberta |
| 10 | Gibbons, Alberta |
| 11 | Calmar, Alberta |
| 12 | Onoway, Alberta |
| 13 | Bon Accord, Alberta |
| 14 | Leduc, Alberta |
| 15 | Alberta Beach, Alberta |
| 16 | Breton, Alberta |
| 17 | Fort Saskatchewan, Alberta |
| 18 | Thorsby, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 31.5% | |
| Renewal: | 14.6% | |
| Purchase: | 13.5% | |
| First-time Buyer: | 12.4% | |
| Refinance: | 12.4% | |
| No Money Down: | 6.7% | |
| Pre-approval: | 4.5% | |
| Second Mortgage: | 1.1% | |
| Equity Mortgage: | 1.1% | |
| Investment: | 1.1% | |
| Home Renovation: | 1.1% | |
| Total Application Types Found: 11 | ||
Average age: 36
Oldest age: 64
Youngest age: 20
The amounts below are the average income of Canadians living in Spruce Grove who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Spruce Grove: | $74,982.44 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | $16,534.02 |
| mortgage co-applicants in Spruce Grove: | $42,643.13 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | $1,532.67 |
The information shown below represents the residential status of people living in Spruce Grove who have submitted an inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 36.0% | |
| Own: | 53.9% | |
| Other: | 1.1% | |
| No Comment: | 6.7% | |
| Live with parents: | 2.2% |
The following pie chart represents the marital status of applicants from Spruce Grove, Alberta using the mortgage application located at the CanEquity web site. Approximately 65% of the mortgage applicants are either married or living common-law, while only 34% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.3% | |
| Single: | 28.1% | |
| Common-law: | 7.9% | |
| Separated: | 4.5% | |
| Divorced: | 2.2% |
