Last report update for Whitecourt: Thursday, May 15, 2008
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Whitecourt Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Whitecourt

Year Year to Year
Comparison
** National
Contribution
2008: * 13.64% * 0.02%
2007: 27.27% 0.04%
2006: 13.64% 0.02%
2005: 22.73% 0.03%
2004: 4.54% 0.01%
2003: 9.09% 0.01%
2002: 9.09% 0.01%

Note: * These values are the percentages up to Thursday, May 15, 2008. Estimated volume targets for the entire 2008 year are 31.82% and 0.05% respectively. ** Total national contribution of Whitecourt mortgages in the past is currently 0.15% with a projected target of 0.17%.

Busy Days for Mortgages Received within Whitecourt

The information below shows the busy days for Internet mortgage applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Whitecourt, the day with the most volume, generating 15.91% of all inquiries, is Monday. In comparison, Tuesday's are the slowest day with only 11.36% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 15.9%
2: Wednesday: 15.9%
3: Saturday: 15.9%
4: Friday: 13.6%
5: Thursday: 13.6%
6: Sunday: 13.6%
7: Tuesday: 11.4%
Busy Days Report for Whitecourt Mortgages

Peak Hours for Mortgage Applicants within Whitecourt

Inquiries are received 24 hours a day on the CanEquity web site. The statistics shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 15.9% of all mortgages are received during the morning, while 81.8% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
02:00 to 02:59: 2.3%
08:00 to 08:59: 2.3%
09:00 to 09:59: 2.3%
10:00 to 10:59: 4.5%
11:00 to 11:59: 6.8%
12:00 to 12:59: 6.8%
13:00 to 13:59: 6.8%
14:00 to 14:59: 9.1%
15:00 to 15:59: 13.6%
16:00 to 16:59: 9.1%
17:00 to 17:59: 4.5%
18:00 to 18:59: 6.8%
19:00 to 19:59: 9.1%
20:00 to 20:59: 4.5%
21:00 to 21:59: 6.8%
22:00 to 22:59: 2.3%
23:00 to 23:59: 2.3%
Peak Hours Graph for Mortgages in Whitecourt

Note: Only hours that have had mortgages from Whitecourt, Alberta are shown.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.01%
British Columbia: 11.47%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario: 48.62%
Prince Edward Island: 0.36%
Quebec: 3.79%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Whitecourt Mortgages

Current City Standing within Alberta


Location Contribution
009:  ST ALBERT, AB 0.301%
010:  AIRDRIE, AB 0.258%
011:  BROOKS, AB 0.208%
012:  SPRUCE GROVE, AB 0.198%
013:  OKOTOKS, AB 0.179%
014:  WHITECOURT, AB 0.145%
015:  STONY PLAIN, AB 0.126%
016:  CANMORE, AB 0.112%
017:  COLD LAKE, AB 0.112%
018:  WETASKIWIN, AB 0.109%
019:  FORT SASKATCHEWAN, AB 0.102%

Nearest Settlements


1Mayerthorpe, Alberta
2Sangudo, Alberta
3Peers, Alberta


Product Popularity for Whitecourt


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 20.5%
First-time Buyer: 20.5%
Purchase: 18.2%
Refinance: 15.9%
No Money Down: 9.1%
Renewal: 6.8%
Pre-approval: 4.5%
Second Mortgage: 2.3%
Investment: 2.3%
 
Total Application Types Found: 9
 Whitecourt Mortgage Product Popularity Pie Chart

Age Demographics for Whitecourt Mortgage Applicants

Average age: 34
Oldest age: 53
Youngest age: 23


Incomes for Whitecourt Mortgage Applicants

The amounts shown below represent the average income of people living in Whitecourt who have applied for a home loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Whitecourt: $60,936.00
applicants within all of Canada: $56,395.43
Difference: $4,540.57
  
mortgage co-applicants in Whitecourt: $32,346.67
co-applicants within all of Canada: $39,386.13
Difference: ($7,039.46)

Note: Commercial Mortgages were not included for this section, only residential mortgage loan amounts were used.

Residential Status for Whitecourt Mortgage Applicants

The following depicts the residential status of people living in Whitecourt who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 36.4%
Own: 47.7%
Other: 2.3%
No Comment: 6.8%
Live with parents: 6.8%
Whitecourt Residential Status Pie Chart

Marital Status for Whitecourt Mortgage Applicants

The pie chart below represents the marital status of applicants from Whitecourt, Alberta using the preapproval application located at the CanEquity web site. Over 56% of the mortgage applicants are living together with someone, while only 43% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 40.9%
Single: 31.8%
Common-law: 15.9%
Separated: 11.4%
Whitecourt Marital Status Pie Chart