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Busy Months for Online Applications within Stony Plain

This graph represents the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Stony Plain occur during our first quarter (represented by the brown bars) with 30.38% while our slowest is the fourth quarter (represented by the red bars) with 16.46%.

Busy Months Report for Stony Plain Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 17.7%
2 July: 13.9%
3 March: 13.9%
4 January: 10.1%
5 November: 8.9%
6 April: 8.9%
RankMonth Percentage of Applications
7 February: 6.3%
8 August: 5.1%
9 October: 5.1%
10 May: 3.8%
11 September: 3.8%
12 December: 2.5%

Busy Days for Mortgage Inquiries within Stony Plain

The graph listed below shows the busy days for Internet applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Stony Plain the busiest day of the week, with 24.05% of all submissions, is Monday. In comparison, Sunday's are the slowest day with only 10.13% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 24.1%
2: Tuesday: 16.5%
3: Wednesday: 16.5%
4: Thursday: 12.7%
5: Friday: 10.1%
6: Saturday: 10.1%
7: Sunday: 10.1%
Busy Days Report for Stony Plain Mortgages

Peak Hours for Mortgage Applicants within Stony Plain

In Stony Plain, inquiries are received 24 hours a day from the CanEquity web site. The graph shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 26.6% of all mortgages are received during the morning, while 72.2% arrive in the afternoon.


Peak Hours Graph for Mortgages in Stony Plain
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 1.3%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 2.5%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 1.3%
8AM 08:00 to 08:59: 2.5%
9AM 09:00 to 09:59: 6.3%
10AM 10:00 to 10:59: 6.3%
11AM 11:00 to 11:59: 7.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.9%
1PM 13:00 to 13:59: 6.3%
2PM 14:00 to 14:59: 10.1%
3PM 15:00 to 15:59: 10.1%
4PM 16:00 to 16:59: 7.6%
5PM 17:00 to 17:59: 6.3%
6PM 18:00 to 18:59: 3.8%
7PM 19:00 to 19:59: 1.3%
8PM 20:00 to 20:59: 6.3%
9PM 21:00 to 21:59: 2.5%
10PM 22:00 to 22:59: 7.6%
11PM 23:00 to 23:59: 1.3%

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: 47.83%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.00%
Yukon: 0.48%

Current City Standing within Alberta

RankLocation Contribution
11:OKOTOKS, AB 0.245%
12:SPRUCE GROVE, AB 0.222%
13:BROOKS, AB 0.188%
14:COLD LAKE, AB 0.186%
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%


Age Demographics for Stony Plain Originated Mortgages

Average age: 38
Oldest age: 73
Youngest age: 23


Incomes for Stony Plain Originated Mortgages

The figures below represent the average income of applicants living in Stony Plain who have applied for a mortgage loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Stony Plain: $65,667.72
applicants within all of Canada: $60,501.99
Difference: $5,165.72
  
mortgage co-applicants in Stony Plain: $46,405.15
co-applicants within all of Canada: $43,698.66
Difference: $2,706.50

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

Mortgage Amortization Calculator
An amortization is the amount of time scheduled to completely pay off a loan, and the amortization length you choose is important in shaping how much you'll end up paying for your home. While the Government of Canada's national housing agency caps the amortization period for high-ratio mortgages at 25 years, and that is the most popular amortization length in Canada, amortizations can range anywhere from 5 to 30 years for uninsured mortgages. Try our easy to use mortgage calculator to see how changing the amortization length affects your loan payments.
Mortgage Amortization Calculator
 
Compare Today's Best Rates
At CanEquity, we have nothing to hide and that's why we post all of Canada's current mortgage rates for you to compare. We strive to maintain our spot at the top of that list each and every day with the best mortgage rate available.
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