Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 9.09% | 0.00% |
| 2009: | 18.18% | 0.00% |
| 2007: | 9.09% | 0.00% |
| 2006: | 18.18% | 0.00% |
| 2005: | 27.27% | 0.01% |
| 2004: | 9.09% | 0.00% |
| 2003: | 9.09% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 239: | CLINTON, ON | 0.023% |
| 240: | SELKIRK, ON | 0.023% |
| 241: | WINCHESTER, ON | 0.023% |
| 242: | SUMMERSTOWN, ON | 0.023% |
| 243: | KEEWATIN, ON | 0.021% |
| 244: | CARP, ON | 0.021% |
| 245: | AZILDA, ON | 0.021% |
| 246: | BADEN, ON | 0.021% |
| 247: | DRESDEN, ON | 0.021% |
| 248: | COBALT, ON | 0.021% |
| 249: | BEETON, ON | 0.021% |
| 1 | Kanata, Ontario |
| 2 | Pakenham, Ontario |
| 3 | Clayton, Ontario |
| 4 | Almonte, Ontario |
| 5 | Carleton Place, Ontario |
| 6 | Kinburn, Ontario |
| 7 | Arnprior, Ontario |
| 8 | Lanark, Ontario |
| 9 | Dunrobin, Ontario |
| 10 | Sharbot Lake, Ontario |
| 11 | Mcnab, Ontario |
| 12 | Braeside, Ontario |
| 13 | Calabogie, Ontario |
| 14 | Burnstown, Ontario |
| 15 | Tamworth, Ontario |
| 16 | Stittsville, Ontario |
| 17 | Nepean, Ontario |
| 18 | Westport, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 27.3% | |
| Renewal: | 18.2% | |
| Qualification: | 18.2% | |
| No Money Down: | 18.2% | |
| Investment: | 9.1% | |
| First-time Buyer: | 9.1% | |
| Total Application Types Found: 6 | ||
Average age: 42
Oldest age: 63
Youngest age: 23
The following figures show the average income of applicants living in Carp who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Carp: | $81,021.73 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $21,523.26 |
| mortgage co-applicants in Carp: | $43,428.20 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $1,025.07 |
Since the average income of Carp is notability higher than the Canadian 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 Carp: | $65,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $5,501.53 |
The chart and pie-graph below depicts the residential status of people living in Carp who have applied for a mortgage using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 9.1% | |
| Own: | 72.7% | |
| Live with parents: | 18.2% |
The information below shows the marital status of applicants from Carp, Ontario using the mortgage preapproval application found at the CanEquity web site. In Carp, over 63% of the mortgage applicants are living with someone, while only 36% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 54.5% | |
| Single: | 27.3% | |
| Separated: | 9.1% | |
| Common-law: | 9.1% |
