Last report update for Carp: Wednesday, March 17, 2010
Canada Mortgages
Carp Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Almonte
Arnprior
Carleton Place
Clayton
Dunrobin
Kanata
Kinburn
Lanark
Pakenham
Sharbot Lake


Carp Mortgages

Ontario Mortgage Statistics, Graphs and Charts

Map of Carp requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgage Applications from Carp

Year Year to Year
Comparison
** National
Contribution
2009: 20.00% 0.01%
2007: 10.00% 0.00%
2006: 20.00% 0.01%
2005: 30.00% 0.01%
2004: 10.00% 0.00%
2003: 10.00% 0.00%

Note: ** Total national contribution of Carp mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Ontario


Location Contribution
217:  IROQUOIS FALLS, ON 0.026%
218:  ESPANOLA, ON 0.026%
219:  WHEATLEY, ON 0.026%
220:  WINCHESTER, ON 0.026%
221:  DUNDALK, ON 0.026%
222:  CARP, ON 0.023%
223:  PORT MCNICOLL, ON 0.023%
224:  COBALT, ON 0.023%
225:  PETROLIA, ON 0.023%
226:  PARKHILL, ON 0.023%
227:  DRYDEN, ON 0.023%

Nearest Settlements


1Kanata, Ontario
2Pakenham, Ontario
3Clayton, Ontario
4Almonte, Ontario
5Carleton Place, Ontario
6Kinburn, Ontario
7Arnprior, Ontario
8Lanark, Ontario
9Dunrobin, Ontario
10Sharbot Lake, Ontario
11Mcnab, Ontario
12Braeside, Ontario
13Calabogie, Ontario
14Burnstown, Ontario
15Tamworth, Ontario
16Stittsville, Ontario
17Nepean, Ontario
18Westport, Ontario


Product Popularity for Carp


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 30.0%
Renewal: 20.0%
No Money Down: 20.0%
Qualification: 10.0%
Investment: 10.0%
First-time Buyer: 10.0%
 
Total Application Types Found: 6
 Carp Mortgage Product Popularity Pie Chart

Age Demographics for Carp Based Mortgages

Average age: 41
Oldest age: 63
Youngest age: 23


Incomes for Carp Based Mortgages

The following depicts the average income of applicants living in Carp who have applied for a home loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Carp: $80,923.90
applicants within all of Canada: $58,582.39
Difference: $22,341.51
  
mortgage co-applicants in Carp: $45,785.25
co-applicants within all of Canada: $41,225.82
Difference: $4,559.43

Since the average income of Carp is substantially higher than our Canadian national average, we have included the MEDIAN annual gross income for this location. 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 Carp: $58,500.00
applicants within all of Canada: $58,582.39
Difference: ($82.39)

Note: Commercial Mortgages were not included for this survey, only home loans were used.

Residential Status for Carp Mortgage Applicants

The following table represents the residential status of people living in Carp who have applied for a loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 10.0%
Own: 70.0%
Live with parents: 20.0%
Carp Residential Status Pie Chart

Marital Statistics for Carp Mortgage Applicants

The information below shows the marital status of applicants from Carp, Ontario using the mortgage application found on the CanEquity Mortgage web site. In Carp, over 60% of the mortgage applicants are living common-law or married, while only 40% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Single: 30.0%
Separated: 10.0%
Common-law: 10.0%
Carp Marital Status Pie Chart