Last report update for Westlock: Thursday, May 15, 2008
Canada Mortgages
Westlock 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:
Barrhead
Bon Accord
Fort Saskatchewan
Gibbons
Legal
Morinville
Onoway
Redwater
Rochester

Have an idea or suggestion on improving the Westlock mortgage stats page, please send us an e-mail.



Westlock Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Westlock requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Originating from Westlock

Year Year to Year
Comparison
** National
Contribution
2007: 18.18% 0.01%
2006: 45.45% 0.02%
2005: 18.18% 0.01%
2003: 9.09% 0.00%
2002: 9.09% 0.00%

Note: ** Total national contribution of Westlock mortgages in the past is currently 0.04% with a projected target of 0.04%.

Current City Standing within Alberta


Location Contribution
052:  REDCLIFF, AB 0.040%
053:  LAC LA BICHE, AB 0.040%
054:  THREE HILLS, AB 0.040%
055:  BONNYVILLE, AB 0.036%
056:  COALDALE, AB 0.036%
057:  WESTLOCK, AB 0.036%
058:  VEGREVILLE, AB 0.033%
059:  HIGH LEVEL, AB 0.033%
060:  REDWATER, AB 0.033%
061:  ARDROSSAN, AB 0.033%
062:  HANNA, AB 0.033%

Nearest Settlements


1Legal, Alberta
2Bon Accord, Alberta
3Morinville, Alberta
4Rochester, Alberta
5Onoway, Alberta
6Gibbons, Alberta
7Redwater, Alberta
8Fort Saskatchewan, Alberta
9Barrhead, Alberta


Product Popularity for Westlock


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 27.3%
Refinance: 18.2%
Qualification: 18.2%
No Money Down: 18.2%
Short Term Open: 9.1%
Pre-approval: 9.1%
 
Total Application Types Found: 6
 Westlock Mortgage Product Popularity Pie Chart

Age Demographics for Westlock Mortgage Applicants

Average age: 31
Oldest age: 52
Youngest age: 22


Incomes for Westlock Mortgage Applicants

The information below represents the average income of Canadians living in Westlock who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Westlock: $59,627.27
applicants within all of Canada: $56,395.43
Difference: $3,231.84
  
mortgage co-applicants in Westlock: $18,250.00
co-applicants within all of Canada: $39,386.13
Difference: ($21,136.13)

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

Residential Status for Westlock Mortgages

The chart and pie-graph below depicts the residential status of people living in Westlock 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: 63.6%
Own: 18.2%
No Comment: 18.2%
Westlock Residential Status Pie Chart

Marital Status for Westlock Mortgages

The pie chart below represents the marital status of applicants from Westlock, Alberta using the online mortgage application found at the CanEquity web site. 81% of the mortgage applicants are living common-law or married, while only 18% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 63.6%
Common-law: 18.2%
Divorced: 9.1%
Single: 9.1%
Westlock Marital Status Pie Chart