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Busy Months for Online Applications within Olds

The following bar graph shows the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Olds seem to occur during our second quarter (represented by the green bars) with 35.00% while our slowest is the fourth quarter (represented by the red bars) with 15.00%.

Busy Months Report for Olds Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 16.7%
2 May: 15.0%
3 July: 15.0%
4 June: 11.7%
5 April: 8.3%
6 December: 8.3%
RankMonth Percentage of Applications
7 January: 6.7%
8 February: 6.7%
9 August: 5.0%
10 October: 5.0%
11 November: 1.7%
12 September: 0.8%

Busy Days for Online Applications within Olds

The graph listed below plots the busy days for Internet applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Olds the busiest day, with 30.00% of all inquiries, is Monday. In comparison, Friday's are the slowest day with only 5.00% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 30.0%
2: Tuesday: 16.7%
3: Thursday: 15.0%
4: Saturday: 13.3%
5: Wednesday: 11.7%
6: Sunday: 8.3%
7: Friday: 5.0%
Busy Days Report for Olds Mortgages

Peak Hours for Based Mortgages within Olds

In Olds, mortgages are received 24 hours a day from the CanEquity web site. The following represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Olds
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 1.7%
2AM 02:00 to 02:59: 1.7%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 1.7%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 6.7%
10AM 10:00 to 10:59: 1.7%
11AM 11:00 to 11:59: 10.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.3%
1PM 13:00 to 13:59: 10.0%
2PM 14:00 to 14:59: 13.3%
3PM 15:00 to 15:59: 11.7%
4PM 16:00 to 16:59: 8.3%
5PM 17:00 to 17:59: 1.7%
6PM 18:00 to 18:59: 5.0%
7PM 19:00 to 19:59: 5.0%
8PM 20:00 to 20:59: 5.0%
9PM 21:00 to 21:59: 8.3%
10PM 22:00 to 22:59: 1.7%
11PM 23:00 to 23:59: 3.3%

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.83%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.31%
Northwest Territories: 0.48%
Nunavut: 0.10%
Ontario: 47.68%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.03%
Yukon: 0.48%

Current City Standing within Alberta

RankLocation Contribution
16:STONY PLAIN, AB 0.142%
17:LLOYDMINSTER, AB 0.119%
18:LEDUC, AB 0.117%
19:EDSON, AB 0.114%
20:FORT SASKATCHEWAN, AB 0.108%
21:OLDS, AB 0.107%
22:COCHRANE, AB 0.101%
23:HIGH RIVER, AB 0.101%
24:STRATHMORE, AB 0.099%
25:CANMORE, AB 0.098%
26:SYLVAN LAKE, AB 0.098%


Age Demographics for Olds Mortgages

Average age: 38
Oldest age: 71
Youngest age: 22


Incomes for Olds Mortgages

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

Average annual gross income for
mortgage applicants in Olds: $57,085.32
applicants within all of Canada: $60,593.10
Difference: ($3,507.79)
  
mortgage co-applicants in Olds: $36,421.20
co-applicants within all of Canada: $43,761.59
Difference: ($7,340.39)

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

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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Port Alberni.

Mortgage Product Type Inquiries
Mortgage Pre-approval24.07%
Refinance/Consolidate Debt20.37%
No Money Down discontinued20.37%
First-time Home Buyer16.67%
New Purchase9.26%
Mortgage Renewal5.56%
Other3.7%
 
Did you know? The average home loan in Innisfil is: Discover many more facts and statistics exclusively here at CanEquity Mortgage.
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