Last report update for Cardinal: Sunday, March 21, 2010
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Athens
Brockville
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Ingleside
Lyn
Mallorytown
North Augusta
Prescott
Seeleys Bay
Spencerville


Cardinal Mortgages

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Yearly Volume Comparison for Mortgages Received from Cardinal

Year Year to Year
Comparison
** National
Contribution
2010: * 11.11% * 0.00%
2009: 11.11% 0.00%
2008: 22.22% 0.01%
2006: 11.11% 0.00%
2005: 22.22% 0.01%
2004: 11.11% 0.00%
2002: 11.11% 0.00%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 44.44% and 0.01% respectively. ** Total national contribution of Cardinal mortgages in the past is currently 0.02% with a projected target of 0.03%.

Current City Standing within Ontario


Location Contribution
235:  SELKIRK, ON 0.023%
236:  BLIND RIVER, ON 0.023%
237:  SPENCERVILLE, ON 0.023%
238:  HOLLAND LANDING, ON 0.021%
239:  MALLORYTOWN, ON 0.021%
240:  CARDINAL, ON 0.021%
241:  ORONO, ON 0.021%
242:  PORT STANLEY, ON 0.021%
243:  HAWKESTONE, ON 0.021%
244:  KILWORTHY, ON 0.021%
245:  AMHERSTVIEW, ON 0.021%

Nearest Settlements


1Lyn, Ontario
2Prescott, Ontario
3North Augusta, Ontario
4Brockville, Ontario
5Athens, Ontario
6Spencerville, Ontario
7Mallorytown, Ontario
8Seeleys Bay, Ontario
9Gananoque, Ontario
10Ingleside, Ontario
11Morrisburg, Ontario
12Iroquois, Ontario
13Elgin, Ontario
14Lunenburg, Ontario
15Crysler, Ontario
16Cornwall, Ontario
17Kingston, Ontario
18Chesterville, Ontario
19Embrun, Ontario
20Summerstown, Ontario
21St Albert, Ontario
22Kenmore, Ontario
23Matcalfe, Ontario
24Casselman, Ontario
25Mountain, Ontario
26Godfrey, Ontario
27Long Sault, Ontario
28Moose Creek, Ontario


Product Popularity for Cardinal


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 33.3%
No Money Down: 33.3%
Qualification: 22.2%
First-time Buyer: 11.1%
 
Total Application Types Found: 4
 Cardinal Mortgage Product Popularity Pie Chart

Age Demographics for Cardinal Based Mortgages

Average age: 40
Oldest age: 59
Youngest age: 22


Incomes for Cardinal Based Mortgages

The amounts below are the average income of applicants living in Cardinal who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Cardinal: $78,907.38
applicants within all of Canada: $58,592.40
Difference: $20,314.97
  
mortgage co-applicants in Cardinal: $36,750.00
co-applicants within all of Canada: $41,278.89
Difference: ($4,528.89)

Since the average income of Cardinal is notability higher than our Canadian national average, we have included the MEDIAN annual gross income for this town. 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 Cardinal: $33,500.00
applicants within all of Canada: $58,592.40
Difference: ($25,092.40)

Note: Commercial Mortgage loans were not included for this section, only home loans from Cardinal, Ontario were used.

Residential Status for Cardinal Originated Mortgages

The following depicts the residential status of people living in Cardinal who have applied for a mortgage using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 44.4%
Own: 55.6%
Cardinal Residential Status Pie Chart

Marital Status for Cardinal Originated Mortgages

The information below shows the marital status of applicants from Cardinal, Ontario using the mortgage application located at canequity.com. Approximately 55% of the mortgage applicants are either married or living common-law, while only 44% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 44.4%
Separated: 22.2%
Single: 22.2%
Common-law: 11.1%
Cardinal Marital Status Pie Chart