Last report update for St Paul: Monday, June 30, 2008
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St Paul Mortgage
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Related Links:
Andrew
Ardmore
Bonnyville
Cold Lake
Elk Point
Islay
Kitscoty
Mannville

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St Paul Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from St Paul

Year Year to Year
Comparison
** National
Contribution
2008: * 30.77% * 0.01%
2007: 7.69% 0.00%
2006: 15.39% 0.01%
2005: 7.69% 0.00%
2004: 15.39% 0.01%
2003: 7.69% 0.00%
2002: 15.39% 0.01%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 53.85% and 0.02% respectively. ** Total national contribution of St Paul mortgages in the past is currently 0.04% with a projected target of 0.05%.

Current City Standing within Alberta


Location Contribution
043:  HIGH PRAIRIE, AB 0.052%
044:  NANTON, AB 0.048%
045:  GRANDE CACHE, AB 0.048%
046:  BARRHEAD, AB 0.045%
047:  CLARESHOLM, AB 0.042%
048:  ST PAUL, AB 0.042%
049:  WAINWRIGHT, AB 0.042%
050:  MORINVILLE, AB 0.042%
051:  THREE HILLS, AB 0.042%
052:  BONNYVILLE, AB 0.039%
053:  DEVON, AB 0.039%

Nearest Settlements


1Elk Point, Alberta
2Bonnyville, Alberta
3Ardmore, Alberta
4Mannville, Alberta
5Islay, Alberta
6Kitscoty, Alberta
7Andrew, Alberta
8Cold Lake, Alberta


Product Popularity for St Paul


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 23.1%
No Money Down: 23.1%
First-time Buyer: 23.1%
Qualification: 15.4%
Renewal: 7.7%
Purchase: 7.7%
 
Total Application Types Found: 6
 St Paul Mortgage Product Popularity Pie Chart

Age Demographics for St Paul Based Mortgages

Average age: 31
Oldest age: 46
Youngest age: 23


Incomes for St Paul Based Mortgages

The amounts below are the average income of people living in St Paul who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in St Paul: $77,184.62
applicants within all of Canada: $56,539.94
Difference: $20,644.67
  
mortgage co-applicants in St Paul: $43,575.00
co-applicants within all of Canada: $39,480.41
Difference: $4,094.59

Since the average income of St Paul is substantially higher than the national average, we have included the MEDIAN annual gross income for this town. 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: $67,000.00
applicants within all of Canada: $56,539.94
Difference: $10,460.06

Note: Commercial Mortgage loans were not included for this report, only residential mortgage loans from St Paul, Alberta were used.

Residential Status for St Paul Mortgages

The following depicts the residential status of people living in St Paul who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 53.8%
Own: 30.8%
No Comment: 15.4%
St Paul Residential Status Pie Chart

Marital Status for St Paul Mortgages

The pie chart below represents the marital status of applicants from St Paul, Alberta using the mortgage application found on the CanEquity Mortgage web site. In St Paul, approximately 84% of the mortgage applicants are living common-law or married, while only 15% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 53.8%
Common-law: 30.8%
Single: 15.4%
St Paul Marital Status Pie Chart