Last report update for Burford: Wednesday, March 17, 2010
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Burford Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Burford

Year Year to Year
Comparison
** National
Contribution
2009: 50.00% 0.01%
2008: 16.67% 0.00%
2007: 16.67% 0.00%
2005: 16.67% 0.00%

Note: ** Total national contribution of Burford mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Ontario


Location Contribution
318:  ST WILLIAMS, ON 0.014%
319:  LANARK, ON 0.014%
320:  TAMWORTH, ON 0.014%
321:  CRYSTAL BEACH, ON 0.014%
322:  NAVAN, ON 0.014%
323:  BURFORD, ON 0.014%
324:  CARRYING PLACE, ON 0.014%
325:  NEW LISKEARD, ON 0.014%
326:  CLIFFORD, ON 0.014%
327:  KEENE, ON 0.014%
328:  RUTHVEN, ON 0.014%

Nearest Settlements


1St George Brant, Ontario
2Paris, Ontario
3Princeton, Ontario
4St George, Ontario
5Scotland, Ontario
6Brantford, Ontario
7Copetown, Ontario
8Windham Centre, Ontario
9Ayr, Ontario
10Mount Elgin, Ontario
11Lynden, Ontario
12Waterdown, Ontario
13Ohsweken, Ontario
14Millgrove, Ontario
15Freelton, Ontario
16Bright, Ontario
17Ancaster, Ontario
18Burlington, Ontario
19Otterville, Ontario
20Waterford, Ontario
21Caledonia, Ontario
22Troy, Ontario
23Mount Hope, Ontario
24Tillsonburg, Ontario
25Delhi, Ontario
26Courtland, Ontario
27New Dundee, Ontario
28Brownsville, Ontario
29Cambridge, Ontario
30Dundas, Ontario
31Woodstock, Ontario
32Kitchener, Ontario
33Baden, Ontario
34Norwich, Ontario
35Innerkip, Ontario
36Langton, Ontario
37Stoney Creek, Ontario
38Simcoe, Ontario
39Cayuga, Ontario
40Carlisle, Ontario
41Hamilton, Ontario
42Selkirk, Ontario
43Straffordville, Ontario
44Aylmer, Ontario
45Jarvis, Ontario
46Hannon, Ontario
47Port Rowan, Ontario
48Beachville, Ontario
49Port Dover, Ontario
50Guelph, Ontario
51Salem, Ontario
52Vittoria, Ontario
53St Williams, Ontario
54Milton, Ontario
55Tavistock, Ontario
56Centre Wellington, Ontario
57Kilbride, Ontario
58Puslinch, Ontario
59Shakespeare, Ontario
60Wellesley, Ontario
61Binbrook, Ontario
62Ingersoll, Ontario
63Waterloo, Ontario
64Oakville, Ontario
65New Hamburg, Ontario


Product Popularity for Burford


Mortgage Application
Form Type
  Percentage
of Inquiries
Pre-approval: 33.3%
Low Doc: 16.7%
No Money Down: 16.7%
Investment: 16.7%
First-time Buyer: 16.7%
 
Total Application Types Found: 5
 Burford Mortgage Product Popularity Pie Chart

Age Demographics for Burford Originated Mortgages

Average age: 42
Oldest age: 57
Youngest age: 25


Incomes for Burford Originated Mortgages

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

Average annual gross income for
mortgage applicants in Burford: $88,880.00
applicants within all of Canada: $58,582.39
Difference: $30,297.61
  

Since the average income of Burford is notability higher than our national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Burford: $62,400.00
applicants within all of Canada: $58,582.39
Difference: $3,817.61

Note: Commercial loan amounts were not included for this section, only residential mortgages from Burford, Ontario were used.

Residential Status for Burford Mortgage Applicants

The table and pie chart below represents the residential status of people living in Burford who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 33.3%
Live with parents: 16.7%
Burford Residential Status Pie Chart

Marital Statistics for Burford Mortgage Applicants

The following information represents the marital status of applicants from Burford, Ontario using the mortgage application located at the CanEquity web site. In Burford, over 66% of the mortgage applicants are either married or living common-law, while only 33% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 66.7%
Single: 33.3%
Burford Marital Status Pie Chart