Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Wabasca: Wednesday, February 8, 2012   
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Wabasca Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Wabasca requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages from Wabasca

Year Year to Year
Comparison
** National
Contribution
2009: 50.00% 0.00%
2008: 25.00% 0.00%
2007: 25.00% 0.00%

Note: ** Total national contribution of Wabasca mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Alberta


Location Contribution
161:  CREMONA, AB 0.008%
162:  BRETON, AB 0.008%
163:  FALHER, AB 0.008%
164:  CLYDE, AB 0.008%
165:  DELBURNE, AB 0.008%
166:  WABASCA, AB 0.008%
167:  SEBA BEACH, AB 0.008%
168:  SMOKY LAKE, AB 0.008%
169:  GIROUXVILLE, AB 0.008%
170:  ALDERSYDE, AB 0.008%
171:  LONGVIEW, AB 0.008%

Nearest Settlements


1Red Earth Creek, Alberta


Product Popularity for Wabasca


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 75.0%
Qualification: 25.0%
 
Total Application Types Found: 2
 Wabasca Mortgage Product Popularity Pie Chart

Age Demographics for Wabasca Applicants

Average age: 47
Oldest age: 56
Youngest age: 31


Incomes for Wabasca Applicants

The information below represents the average income of applicants living in Wabasca who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Wabasca: $137,250.00
applicants within all of Canada: $59,498.47
Difference: $77,751.53
  

Since the average income of Wabasca is much 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 Wabasca: $73,000.00
applicants within all of Canada: $59,498.47
Difference: $13,501.53

Note: Commercial Mortgages were not included for this survey, only residential mortgage loans were used.

Residential Status for Wabasca Mortgages

The following table represents the residential status of people living in Wabasca 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: 100.0%
Wabasca Residential Status Pie Chart

Marital Statistics for Wabasca Mortgages

The following information represents the marital status of applicants from Wabasca, Alberta using the mortgage application found on the CanEquity Mortgage web site. Over 100% of the mortgage applicants are living common-law or married, while only 0% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 100.0%
Wabasca Marital Status Pie Chart