Last report update for Taber: Thursday, May 15, 2008
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Related Links:
Barnwell
Coaldale
Iron Springs
Lethbridge
Picture Butte
Ralston
Raymond
Stirling
Suffield
Vauxhall

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Taber Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Taber

Year Year to Year
Comparison
** National
Contribution
2008: * 6.25% * 0.00%
2007: 18.75% 0.01%
2006: 25.00% 0.01%
2004: 18.75% 0.01%
2003: 12.50% 0.01%
2002: 18.75% 0.01%

Note: * These values are the percentages up to Thursday, May 15, 2008. Estimated volume targets for the entire 2008 year are 12.50% and 0.01% respectively. ** Total national contribution of Taber mortgages in the past is currently 0.05% with a projected target of 0.06%.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.01%
British Columbia: 11.47%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario: 48.62%
Prince Edward Island: 0.36%
Quebec: 3.79%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Taber Mortgages

Current City Standing within Alberta


Location Contribution
037:  DRUMHELLER, AB 0.063%
038:  PONOKA, AB 0.056%
039:  CHESTERMERE, AB 0.053%
040:  STETTLER, AB 0.053%
041:  ATHABASCA, AB 0.053%
042:  TABER, AB 0.053%
043:  HIGH PRAIRIE, AB 0.053%
044:  GRANDE CACHE, AB 0.050%
045:  NANTON, AB 0.046%
046:  BARRHEAD, AB 0.046%
047:  CLARESHOLM, AB 0.043%

Nearest Settlements


1Barnwell, Alberta
2Vauxhall, Alberta
3Coaldale, Alberta
4Stirling, Alberta
5Raymond, Alberta
6Iron Springs, Alberta
7Picture Butte, Alberta
8Ralston, Alberta
9Suffield, Alberta
10Lethbridge, Alberta


Product Popularity for Taber


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 25.0%
Qualification: 25.0%
No Money Down: 18.8%
First-time Buyer: 12.5%
Purchase: 6.3%
Home Renovation: 6.3%
Variable Rate: 6.3%
 
Total Application Types Found: 7
 Taber Mortgage Product Popularity Pie Chart

Age Demographics for Taber Mortgage Applicants

Average age: 38
Oldest age: 58
Youngest age: 22


Incomes for Taber Mortgage Applicants

The numbers below represent the average income of applicants living in Taber who have applied for a home loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Taber: $50,389.47
applicants within all of Canada: $56,395.43
Difference: ($6,005.96)
  
mortgage co-applicants in Taber: $38,074.40
co-applicants within all of Canada: $39,386.13
Difference: ($1,311.73)

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

Residential Status for Taber Based Mortgages

The following depicts the residential status of people living in Taber who have applied for a loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 31.3%
No Comment: 18.8%
Taber Residential Status Pie Chart

Marital Status for Taber Based Mortgages

The following information represents the marital status of applicants from Taber, Alberta using the mortgage application found on the CanEquity Mortgage web site. In Taber, 62% of the mortgage applicants are either married or living common-law, while only 37% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 43.8%
Single: 25.0%
Common-law: 18.8%
Divorced: 6.3%
Separated: 6.3%
Taber Marital Status Pie Chart