Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 18.18% | 0.00% |
| 2010: | 18.18% | 0.00% |
| 2009: | 27.27% | 0.01% |
| 2008: | 9.09% | 0.00% |
| 2007: | 9.09% | 0.00% |
| 2004: | 18.18% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 081: | PINCHER CREEK, AB | 0.023% |
| 082: | JASPER, AB | 0.023% |
| 083: | VERMILION, AB | 0.023% |
| 084: | PEERS, AB | 0.021% |
| 085: | FAIRVIEW, AB | 0.021% |
| 086: | TURNER VALLEY, AB | 0.021% |
| 087: | THORSBY, AB | 0.021% |
| 088: | CARSTAIRS, AB | 0.019% |
| 089: | CAROLINE, AB | 0.019% |
| 090: | FORT MACLEOD, AB | 0.019% |
| 091: | ELK POINT, AB | 0.019% |
| 1 | Black Diamond, Alberta |
| 2 | High River, Alberta |
| 3 | Okotoks, Alberta |
| 4 | Aldersyde, Alberta |
| 5 | Longview, Alberta |
| 6 | Nanton, Alberta |
| 7 | Bragg Creek, Alberta |
| 8 | Blackie, Alberta |
| 9 | De Winton, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 27.3% | |
| Refinance: | 18.2% | |
| Purchase: | 18.2% | |
| Qualification: | 18.2% | |
| No Money Down: | 9.1% | |
| Second Mortgage: | 9.1% | |
| Total Application Types Found: 6 | ||
Average age: 42
Oldest age: 55
Youngest age: 32
The following figures show the average income of people living in Turner Valley who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Turner Valley: | $84,190.91 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $24,692.44 |
| mortgage co-applicants in Turner Valley: | $52,250.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $9,846.87 |
Since the average income of Turner Valley is substantially higher than our 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 Turner Valley: | $88,500.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $29,001.53 |
The table and pie chart below represents the residential status of people living in Turner Valley 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: | 9.1% | |
| Own: | 90.9% |
The following table and pie chart represents the marital status of applicants from Turner Valley, Alberta using the mortgage preapproval application found on the CanEquity Mortgage web site. 72% of the mortgage applicants are living together with someone, while only 27% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.5% | |
| Common-law: | 27.3% | |
| Single: | 18.2% | |
| Separated: | 9.1% |
