Last report update for Westlock: Wednesday, March 17, 2010
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Related Links:
Barrhead
Bon Accord
Fort Saskatchewan
Gibbons
Legal
Morinville
Onoway
Redwater
Rochester


Westlock Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Westlock requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Applications from Westlock

Year Year to Year
Comparison
** National
Contribution
2009: 15.39% 0.01%
2007: 15.39% 0.01%
2006: 38.46% 0.01%
2005: 15.39% 0.01%
2003: 7.69% 0.00%
2002: 7.69% 0.00%

Note: ** Total national contribution of Westlock mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Alberta


Location Contribution
060:  CLAIRMONT, AB 0.031%
061:  HIGH LEVEL, AB 0.031%
062:  WAINWRIGHT, AB 0.031%
063:  ARDROSSAN, AB 0.031%
064:  LAC LA BICHE, AB 0.031%
065:  WESTLOCK, AB 0.031%
066:  LEGAL, AB 0.031%
067:  GIBBONS, AB 0.028%
068:  TOFIELD, AB 0.028%
069:  COALDALE, AB 0.028%
070:  REDWATER, AB 0.028%

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
Qualification: 23.1%
No Money Down: 23.1%
First-time Buyer: 23.1%
Refinance: 15.4%
Short Term Open: 7.7%
Pre-approval: 7.7%
 
Total Application Types Found: 6
 Westlock Mortgage Product Popularity Pie Chart

Age Demographics for Westlock Mortgages

Average age: 33
Oldest age: 52
Youngest age: 22


Incomes for Westlock Mortgages

The amounts below are the average income of Canadians living in Westlock who have submitted an inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Westlock: $56,722.69
applicants within all of Canada: $58,582.39
Difference: ($1,859.69)
  
mortgage co-applicants in Westlock: $18,250.00
co-applicants within all of Canada: $41,225.82
Difference: ($22,975.82)

Note: Commercial Mortgages were not included for this section, only residential loans from Westlock, Alberta were used.

Residential Status for Westlock Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Westlock who have applied for a mortgage using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 61.5%
Own: 23.1%
No Comment: 15.4%
Westlock Residential Status Pie Chart

Marital Statistics for Westlock Mortgage Applicants

The following pie chart represents the marital status of applicants from Westlock, Alberta using the preapproval application found on canequity.com. Approximately 69% of the mortgage applicants are living with someone, while only 30% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 53.8%
Divorced: 15.4%
Common-law: 15.4%
Single: 15.4%
Westlock Marital Status Pie Chart