Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 33.33% | 0.00% |
| 2003: | 33.33% | 0.00% |
| 2002: | 33.33% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 191: | KEHEWIN, AB | 0.006% |
| 192: | NEW SAREPTA, AB | 0.006% |
| 193: | STIRLING, AB | 0.006% |
| 194: | BALZAC, AB | 0.006% |
| 195: | DARWELL, AB | 0.006% |
| 196: | WABAMUN, AB | 0.006% |
| 197: | DIAMOND CITY, AB | 0.006% |
| 198: | CARSELAND, AB | 0.006% |
| 199: | ROCKYFORD, AB | 0.006% |
| 200: | HINES CREEK, AB | 0.006% |
| 201: | MONARCH, AB | 0.006% |
| 1 | Tomahawk, Alberta |
| 2 | Alberta Beach, Alberta |
| 3 | Evansburg, Alberta |
| 4 | Onoway, Alberta |
| 5 | Drayton Valley, Alberta |
| 6 | Carvel, Alberta |
| 7 | Calmar, Alberta |
| 8 | Stony Plain, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 33.3% | |
| No Money Down: | 33.3% | |
| First-time Buyer: | 33.3% | |
| Total Application Types Found: 3 | ||
Average age: 38
Oldest age: 45
Youngest age: 28
The numbers below represent the average income of applicants living in Wabamun who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Wabamun: | $168,333.33 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $108,834.87 |
Since the average income of Wabamun is much higher than the 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 Wabamun: | $63,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $3,501.53 |
The following depicts the residential status of people living in Wabamun who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 33.3% | |
| No Comment: | 66.7% |
The following pie chart represents the marital status of applicants from Wabamun, Alberta using the preapproval application found on canequity.com. In Wabamun, over 66% of the mortgage applicants are living together with someone, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 66.7% | |
| Single: | 33.3% |
