Last report update for Sylvan Lake: Sunday, March 14, 2010
Canada Mortgages
Sylvan Lake 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:
Bentley
Blackfalds
Bluffton
Caroline
Millet
Red Deer
Red Deer County
Rimbey
Rocky Mountain House
Springbrook


Sylvan Lake Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Sylvan Lake requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgage Inquiries from Sylvan Lake

Year Year to Year
Comparison
** National
Contribution
2010: * 2.00% * 0.00%
2009: 16.00% 0.02%
2008: 36.00% 0.04%
2007: 18.00% 0.02%
2006: 4.00% 0.01%
2004: 8.00% 0.01%
2003: 4.00% 0.01%
2002: 12.00% 0.01%

Note: * These values are the percentages up to Sunday, March 14, 2010. Estimated volume targets for the entire 2010 year are 8.00% and 0.01% respectively. ** Total national contribution of Sylvan Lake mortgages in the past is currently 0.12% with a projected target of 0.12%.

Busy Months for Mortgage Inquiries within Sylvan Lake

The following bar graph displays the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sylvan Lake seem to occur during our second quarter (represented by the green bars) with 34.00% while our slowest is the fourth quarter (represented by the red bars) with 12.00%.

RankMonth Percentage
of Inquiries
1: August: 16.0%
2: May: 14.0%
3: April: 14.0%
4: March: 14.0%
5: January: 10.0%
6: November: 6.0%
7: July: 6.0%
8: June: 6.0%
9: February: 4.0%
10: October: 4.0%
11: September: 4.0%
12: December: 2.0%
Busy Months Report for Sylvan Lake Mortgages

Busy Days for Mortgage Inquiries within Sylvan Lake

The information below illustrates the busy days for mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Sylvan Lake the busiest day of the week, with 26.00% of all applications, is Thursday. In comparison, Saturday's are the slowest day with only 8.00% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Thursday: 26.0%
2: Wednesday: 18.0%
3: Sunday: 16.0%
4: Tuesday: 12.0%
5: Friday: 12.0%
6: Monday: 8.0%
7: Saturday: 8.0%
Busy Days Report for Sylvan Lake Mortgages

Peak Hours for Applicants within Sylvan Lake

Applications are received 24 hours a day from the CanEquity web site. The time periods below indicates the peak hours over a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 2.0%
02:00 to 02:59: 2.0%
06:00 to 06:59: 2.0%
07:00 to 07:59: 2.0%
08:00 to 08:59: 6.0%
09:00 to 09:59: 4.0%
10:00 to 10:59: 2.0%
11:00 to 11:59: 6.0%
12:00 to 12:59: 12.0%
13:00 to 13:59: 10.0%
14:00 to 14:59: 2.0%
15:00 to 15:59: 6.0%
16:00 to 16:59: 4.0%
18:00 to 18:59: 6.0%
19:00 to 19:59: 6.0%
20:00 to 20:59: 4.0%
21:00 to 21:59: 8.0%
22:00 to 22:59: 10.0%
23:00 to 23:59: 6.0%
Peak Hours Graph for Mortgages in Sylvan Lake

Note: Only hours that have had mortgages from Sylvan Lake, 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: 10.88%
Manitoba: 2.10%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.90%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Sylvan Lake Mortgages

Current City Standing within Alberta


Location Contribution
013:  BROOKS, AB 0.202%
014:  WHITECOURT, AB 0.153%
015:  STONY PLAIN, AB 0.146%
016:  COLD LAKE, AB 0.141%
017:  WETASKIWIN, AB 0.118%
018:  SYLVAN LAKE, AB 0.118%
019:  EDSON, AB 0.115%
020:  CANMORE, AB 0.108%
021:  LLOYDMINSTER, AB 0.106%
022:  STRATHMORE, AB 0.106%
023:  OLDS, AB 0.106%

Nearest Settlements


1Rimbey, Alberta
2Bluffton, Alberta
3Bentley, Alberta
4Red Deer, Alberta
5Red Deer County, Alberta
6Rocky Mountain House, Alberta
7Blackfalds, Alberta
8Millet, Alberta
9Caroline, Alberta
10Springbrook, Alberta
11Wetaskiwin, Alberta
12Lacombe, Alberta
13Innisfail, Alberta
14Delburne, Alberta


Product Popularity for Sylvan Lake


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 30.0%
Refinance: 20.0%
Qualification: 16.0%
Renewal: 14.0%
No Money Down: 6.0%
Purchase: 4.0%
Variable Rate: 4.0%
Pre-approval: 2.0%
Commercial: 2.0%
Short Term Open: 2.0%
 
Total Application Types Found: 10
 Sylvan Lake Mortgage Product Popularity Pie Chart

Age Demographics for Sylvan Lake Mortgages

Average age: 34
Oldest age: 67
Youngest age: 21


Incomes for Sylvan Lake Mortgages

The amounts below are the average income of Canadians living in Sylvan Lake who have applied for a loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Sylvan Lake: $58,747.06
applicants within all of Canada: $58,581.24
Difference: $165.82
  
mortgage co-applicants in Sylvan Lake: $48,503.10
co-applicants within all of Canada: $41,209.57
Difference: $7,293.53

Note: Commercial loans were not included for this section, only residential mortgages were used.

Residential Status for Sylvan Lake Originated Mortgages

The following depicts the residential status of people living in Sylvan Lake who have submitted a mortgage inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 46.0%
Own: 38.0%
No Comment: 14.0%
Live with parents: 2.0%
Sylvan Lake Residential Status Pie Chart

Marital Status for Sylvan Lake Originated Mortgages

The following pie chart represents the marital status of applicants from Sylvan Lake, Alberta using the mortgage application found on canequity.com. Over 70% of the mortgage applicants are either married or living common-law, while only 30% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.0%
Common-law: 24.0%
Single: 24.0%
Divorced: 4.0%
Separated: 2.0%
Sylvan Lake Marital Status Pie Chart