Last report update for Cochrane: Wednesday, March 17, 2010
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Yearly Volume Comparison for Online Applications from Cochrane

Year Year to Year
Comparison
** National
Contribution
2010: * 14.29% * 0.01%
2009: 21.43% 0.01%
2008: 7.14% 0.00%
2007: 21.43% 0.01%
2006: 7.14% 0.00%
2005: 14.29% 0.01%
2004: 7.14% 0.00%
2003: 7.14% 0.00%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 57.14% and 0.02% respectively. ** Total national contribution of Cochrane mortgages in the past is currently 0.03% with a projected target of 0.05%.

Current City Standing within Ontario


Location Contribution
164:  FENELON FALLS, ON 0.035%
165:  EMBRUN, ON 0.033%
166:  DORCHESTER, ON 0.033%
167:  BOBCAYGEON, ON 0.033%
168:  MOUNT ALBERT, ON 0.033%
169:  COCHRANE, ON 0.033%
170:  SIOUX LOOKOUT, ON 0.033%
171:  LAKEFIELD, ON 0.033%
172:  LISTOWEL, ON 0.033%
173:  ST GEORGE BRANT, ON 0.033%
174:  FONTHILL, ON 0.033%

Product Popularity for Cochrane


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 35.7%
Refinance: 28.6%
First-time Buyer: 28.6%
Renewal: 7.1%
 
Total Application Types Found: 4
 Cochrane Mortgage Product Popularity Pie Chart

Age Demographics for Cochrane Mortgages

Average age: 36
Oldest age: 50
Youngest age: 21


Incomes for Cochrane Mortgages

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

Average annual gross income for
mortgage applicants in Cochrane: $56,950.00
applicants within all of Canada: $58,582.39
Difference: ($1,632.39)
  

Note: Commercial Mortgage loans were not included for this survey, only residential loans amounts from Cochrane, Ontario were used.

Residential Status for Cochrane Originated Mortgages

The information shown below represents the residential status of people living in Cochrane who have applied for a loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 42.9%
Own: 57.1%
Cochrane Residential Status Pie Chart

Marital Statistics for Cochrane Originated Mortgages

The information below shows the marital status of applicants from Cochrane, Ontario using the mortgage preapproval application found at the CanEquity web site. Approximately 85% of the mortgage applicants are living together with someone, while only 14% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.1%
Common-law: 28.6%
Divorced: 7.1%
Single: 7.1%
Cochrane Marital Status Pie Chart