Our brokers are licensed: FSCO #12291, RECA Authorized, BC Mortgage #X028126,
SK Mortgage #12291, and all other provinces
 
CanEquity
Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Busy Months for Mortgage Inquiries within Olds

This graph represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Olds happen 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 Mortgages Received within Olds

The information below compares the busy days for online inquiries 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 Olds, the day with the most volume, generating 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 Mortgages within Olds

Applications are received 24 hours a day on the CanEquity web site. The statistics shown below indicates the peak hours within 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: 20.70%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.32%
Northwest Territories: 0.47%
Nunavut: 0.10%
Ontario: 47.82%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.00%
Yukon: 0.48%

Current City Standing within Alberta

RankLocation Contribution
15:WHITECOURT, AB 0.143%
16:STONY PLAIN, AB 0.141%
17:LLOYDMINSTER, AB 0.120%
18:LEDUC, AB 0.118%
19:EDSON, AB 0.115%
20:OLDS, AB 0.107%
21:FORT SASKATCHEWAN, AB 0.104%
22:COCHRANE, AB 0.102%
23:HIGH RIVER, AB 0.102%
24:STRATHMORE, AB 0.100%
25:CANMORE, AB 0.098%


Age Demographics for Olds Mortgages

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


Incomes for Olds Mortgages

The numbers below represent the average income of Canadians living in Olds who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Olds: $57,085.32
applicants within all of Canada: $60,503.19
Difference: ($3,417.88)
  
mortgage co-applicants in Olds: $36,421.20
co-applicants within all of Canada: $43,699.18
Difference: ($7,277.98)

Note: Commercial loans were not included for this section, only residential mortgages were used.

Our New Mortgage Calculator
Try our new and improved mortgage calculator. With just a few clicks and keystrokes, the calculator will generate a flood of information to help you in choosing the right mortgage for your unique situation including amortization tables for multiple mortgages, side-by-side comparisons, and informative charts and graphs.
Try Our New Mortgage Calculator
 
Mortgage Rates
Getting a low mortgage rate can mean the difference between you buying your dream home and... just a house. Look no further than CanEquity and get a great rate on your mortgage.
Mortgage Rates
 
Did you know? The average home loan in Leduc is: Discover many more facts and statistics exclusively here at CanEquity Mortgage.
Alberta