Last report update for St Paul: Wednesday, March 10, 2010
Canada Mortgages
St Paul Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Andrew
Ardmore
Bonnyville
Elk Point
Glendon
Islay
Kitscoty
Mannville
Marwayne
Myrnam


St Paul Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of St Paul requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Applications from St Paul

Year Year to Year
Comparison
** National
Contribution
2009: 6.25% 0.00%
2008: 37.50% 0.01%
2007: 6.25% 0.00%
2006: 12.50% 0.01%
2005: 6.25% 0.00%
2004: 12.50% 0.01%
2003: 6.25% 0.00%
2002: 12.50% 0.01%

Note: ** Total national contribution of St Paul mortgages in the past is currently 0.04% with a projected target of 0.04%.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.11%
British Columbia: 10.88%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.88%
Northwest Territories: 0.31%
Nunavut: 0.08%
Ontario: 48.85%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
St Paul Mortgages

Current City Standing within Alberta


Location Contribution
047:  STETTLER, AB 0.045%
048:  VEGREVILLE, AB 0.042%
049:  GRANDE CACHE, AB 0.042%
050:  NANTON, AB 0.040%
051:  ONOWAY, AB 0.040%
052:  ST PAUL, AB 0.038%
053:  MORINVILLE, AB 0.038%
054:  CLARESHOLM, AB 0.035%
055:  CROSSFIELD, AB 0.035%
056:  THREE HILLS, AB 0.035%
057:  DIDSBURY, AB 0.033%

Nearest Settlements


1Elk Point, Alberta
2Glendon, Alberta
3Bonnyville, Alberta
4Myrnam, Alberta
5Ardmore, Alberta
6Marwayne, Alberta
7Mannville, Alberta
8Islay, Alberta
9Kitscoty, Alberta
10Andrew, Alberta
11Cold Lake, Alberta


Product Popularity for St Paul


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 18.8%
Qualification: 18.8%
No Money Down: 18.8%
First-time Buyer: 18.8%
Renewal: 12.5%
Purchase: 12.5%
 
Total Application Types Found: 6
 St Paul Mortgage Product Popularity Pie Chart

Age Demographics for St Paul Mortgages

Average age: 34
Oldest age: 66
Youngest age: 23


Incomes for St Paul Mortgages

The numbers below represent the average income of applicants living in St Paul who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in St Paul: $80,587.50
applicants within all of Canada: $58,582.76
Difference: $22,004.74
  
mortgage co-applicants in St Paul: $43,575.00
co-applicants within all of Canada: $41,205.53
Difference: $2,369.47

Since the average income of St Paul is substantially higher than our Canadian national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in St Paul: $70,000.00
applicants within all of Canada: $58,582.76
Difference: $11,417.24

Note: Commercial Mortgages were not included for this section, only home loans were used.

Residential Status for St Paul Mortgage Applicants

The table and pie chart below represents the residential status of people living in St Paul who have applied for a mortgage using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 43.8%
Own: 37.5%
Other: 6.3%
No Comment: 12.5%
St Paul Residential Status Pie Chart

Marital Statistics for St Paul Mortgage Applicants

The pie chart below represents the marital status of applicants from St Paul, Alberta using the mortgage application located at canequity.com. In St Paul, 75% of the mortgage applicants are living with someone, while only 25% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Common-law: 25.0%
Single: 18.8%
Divorced: 6.3%
St Paul Marital Status Pie Chart