Last report update for St Albert: Sunday, March 21, 2010
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St Albert Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from St Albert

Year Year to Year
Comparison
** National
Contribution
2010: * 5.97% * 0.02%
2009: 15.67% 0.05%
2008: 15.67% 0.05%
2007: 17.16% 0.05%
2006: 6.72% 0.02%
2005: 8.21% 0.03%
2004: 7.46% 0.02%
2003: 11.19% 0.04%
2002: 11.94% 0.04%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 24.63% and 0.08% respectively. ** Total national contribution of St Albert mortgages in the past is currently 0.31% with a projected target of 0.37%.

Busy Months for Mortgages within St Albert

The 6-year bar graph below represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from St Albert happen to occur during our second quarter (represented by the green bars) with 30.60% while our slowest is the fourth quarter (represented by the red bars) with 17.16%.

RankMonth Percentage
of Inquiries
1: April: 11.9%
2: June: 11.9%
3: January: 11.2%
4: July: 9.7%
5: March: 9.7%
6: February: 9.0%
7: August: 7.5%
8: May: 6.7%
9: December: 6.7%
10: October: 6.0%
11: September: 5.2%
12: November: 4.5%
Busy Months Report for St Albert Mortgages

Busy Days for Online Mortgages within St Albert

The bar graph listed below shows the busy days for mortgage inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In St Albert the busiest day, with 21.64% of all applications, is Wednesday. In comparison, Thursday's are the slowest day with only 8.96% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Wednesday: 21.6%
2: Tuesday: 17.9%
3: Monday: 15.7%
4: Friday: 12.7%
5: Saturday: 12.7%
6: Sunday: 10.4%
7: Thursday: 9.0%
Busy Days Report for St Albert Mortgages

Peak Hours for Mortgage Applicants within St Albert

Mortgage applications are received 24 hours a day from the CanEquity web site. The graph shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 26.9% of all mortgages are received before noon, while 70.1% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 3.0%
06:00 to 06:59: 0.7%
07:00 to 07:59: 1.5%
08:00 to 08:59: 4.5%
09:00 to 09:59: 8.2%
10:00 to 10:59: 6.7%
11:00 to 11:59: 5.2%
12:00 to 12:59: 8.2%
13:00 to 13:59: 7.5%
14:00 to 14:59: 0.7%
15:00 to 15:59: 11.2%
16:00 to 16:59: 7.5%
17:00 to 17:59: 6.7%
18:00 to 18:59: 6.7%
19:00 to 19:59: 0.7%
20:00 to 20:59: 2.2%
21:00 to 21:59: 7.5%
22:00 to 22:59: 7.5%
23:00 to 23:59: 3.7%
Peak Hours Graph for Mortgages in St Albert

Note: Only hours that have had mortgages from St Albert, Alberta are shown.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.11%
British Columbia: 10.86%
Manitoba: 2.09%
New Brunswick: 2.11%
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: 4.15%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
St Albert Mortgages

Current City Standing within Alberta


Location Contribution
003:  RED DEER, AB 0.616%
004:  FORT MCMURRAY, AB 0.569%
005:  LETHBRIDGE, AB 0.422%
006:  SHERWOOD PARK, AB 0.401%
007:  GRANDE PRAIRIE, AB 0.349%
008:  ST ALBERT, AB 0.314%
009:  MEDICINE HAT, AB 0.302%
010:  AIRDRIE, AB 0.267%
011:  OKOTOKS, AB 0.239%
012:  SPRUCE GROVE, AB 0.213%
013:  BROOKS, AB 0.201%

Nearest Settlements


1Edmonton, Alberta
2Spruce Grove, Alberta
3Lancaster Park, Alberta
4Morinville, Alberta
5Gibbons, Alberta
6Stony Plain, Alberta
7Bon Accord, Alberta
8Carvel, Alberta
9Sherwood Park, Alberta
10Devon, Alberta
11Fort Saskatchewan, Alberta
12Onoway, Alberta
13Redwater, Alberta
14Legal, Alberta
15Ardrossan, Alberta
16Beaumont, Alberta


Product Popularity for St Albert


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 21.6%
Renewal: 20.9%
First-time Buyer: 17.2%
Refinance: 14.2%
No Money Down: 10.4%
Purchase: 6.7%
Pre-approval: 3.0%
Investment: 3.0%
Variable Rate: 1.5%
Other: 1.4%
 
Total Application Types Found: 11
 St Albert Mortgage Product Popularity Pie Chart

Age Demographics for St Albert Mortgage Applicants

Average age: 38
Oldest age: 65
Youngest age: 21


Incomes for St Albert Mortgage Applicants

The amounts below are the average income of people living in St Albert who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in St Albert: $69,476.64
applicants within all of Canada: $58,592.40
Difference: $10,884.24
  
mortgage co-applicants in St Albert: $43,395.73
co-applicants within all of Canada: $41,278.89
Difference: $2,116.84

Note: Commercial Mortgages were not included for this section, only residential loans amounts from St Albert, Alberta were used.

Residential Status for St Albert Mortgage Applicants

The pie chart below shows the residential status of people living in St Albert who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 31.3%
Own: 44.8%
Other: 2.2%
No Comment: 14.2%
Live with parents: 7.5%
St Albert Residential Status Pie Chart

Marital Status for St Albert Mortgage Applicants

The following table and pie chart represents the marital status of applicants from St Albert, Alberta using the online mortgage application located at the CanEquity web site. In St Albert, approximately 58% of the mortgage applicants are either married or living common-law, while only 41% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 49.3%
Single: 30.6%
Common-law: 9.0%
Divorced: 6.7%
Separated: 4.5%
St Albert Marital Status Pie Chart