Spruce Grove Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 12.90% | * 0.03% |
| 2007: | 25.81% | 0.05% |
| 2006: | 20.97% | 0.04% |
| 2005: | 20.97% | 0.04% |
| 2004: | 4.84% | 0.01% |
| 2003: | 4.84% | 0.01% |
| 2002: | 9.68% | 0.02% |
This bar graph represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Spruce Grove usually occur during our first quarter (represented by the brown bars) with 33.87% while our slowest is the fourth quarter (represented by the red bars) with 19.35%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 12.9% | |
| 2: | March: | 12.9% | |
| 3: | August: | 11.3% | |
| 4: | December: | 9.7% | |
| 5: | July: | 9.7% | |
| 6: | June: | 9.7% | |
| 7: | February: | 8.1% | |
| 8: | May: | 6.5% | |
| 9: | November: | 4.8% | |
| 10: | April: | 4.8% | |
| 11: | October: | 4.8% | |
| 12: | September: | 4.8% |
The data below plots the busy days for online applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Spruce Grove the busiest day, with 25.81% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 4.84% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 25.8% | |
| 2: | Tuesday: | 16.1% | |
| 3: | Sunday: | 16.1% | |
| 4: | Friday: | 14.5% | |
| 5: | Thursday: | 12.9% | |
| 6: | Wednesday: | 9.7% | |
| 7: | Saturday: | 4.8% |
In Spruce Grove, mortgage applications are received 24 hours a day on our web site. The time periods below represents the rush hours in the day. The data is taken from all days of all years. Only 25.8% of all mortgages are received during the morning, while 71.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.6% |
| 01:00 to 01:59: | 1.6% |
| 08:00 to 08:59: | 4.8% |
| 09:00 to 09:59: | 8.1% |
| 10:00 to 10:59: | 4.8% |
| 11:00 to 11:59: | 8.1% |
| 12:00 to 12:59: | 4.8% |
| 13:00 to 13:59: | 4.8% |
| 14:00 to 14:59: | 8.1% |
| 15:00 to 15:59: | 4.8% |
| 16:00 to 16:59: | 3.2% |
| 17:00 to 17:59: | 9.7% |
| 18:00 to 18:59: | 6.5% |
| 19:00 to 19:59: | 8.1% |
| 20:00 to 20:59: | 3.2% |
| 21:00 to 21:59: | 12.9% |
| 22:00 to 22:59: | 4.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.08% |
| British Columbia: | 11.39% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.16% |
| Nova Scotia: | 2.80% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.09% |
| Ontario: | 48.59% |
| Prince Edward Island: | 0.38% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.56% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 007: | GRANDE PRAIRIE, AB | 0.364% |
| 008: | MEDICINE HAT, AB | 0.313% |
| 009: | ST ALBERT, AB | 0.296% |
| 010: | AIRDRIE, AB | 0.267% |
| 011: | BROOKS, AB | 0.216% |
| 012: | SPRUCE GROVE, AB | 0.200% |
| 013: | OKOTOKS, AB | 0.187% |
| 014: | WHITECOURT, AB | 0.145% |
| 015: | STONY PLAIN, AB | 0.129% |
| 016: | WETASKIWIN, AB | 0.116% |
| 017: | OLDS, AB | 0.113% |
| 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: | 29.0% | |
| First-time Buyer: | 17.7% | |
| Renewal: | 16.1% | |
| Purchase: | 9.7% | |
| Refinance: | 9.7% | |
| No Money Down: | 8.1% | |
| Pre-approval: | 6.5% | |
| Home Renovation: | 1.6% | |
| Investment: | 1.6% | |
| Total Application Types Found: 9 | ||
Average age: 34
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 the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Spruce Grove: | $60,640.65 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | $4,100.71 |
| mortgage co-applicants in Spruce Grove: | $39,647.20 |
| co-applicants within all of Canada: | $39,480.41 |
| Difference: | $166.79 |
The information shown below represents the residential status of people living in Spruce Grove who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.1% | |
| Own: | 50.0% | |
| No Comment: | 9.7% | |
| Live with parents: | 3.2% |
The information below shows the marital status of applicants from Spruce Grove, Alberta using the mortgage preapproval application found at canequity.com. In Spruce Grove, 61% of the mortgage applicants are living with someone, while only 38% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.2% | |
| Single: | 32.3% | |
| Common-law: | 8.1% | |
| Divorced: | 3.2% | |
| Separated: | 3.2% |
