Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.69% | 0.00% |
| 2010: | 30.77% | 0.01% |
| 2009: | 15.39% | 0.00% |
| 2007: | 7.69% | 0.00% |
| 2006: | 23.08% | 0.01% |
| 2005: | 7.69% | 0.00% |
| 2004: | 7.69% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 221: | CASSELMAN, ON | 0.025% |
| 222: | RIDGETOWN, ON | 0.025% |
| 223: | BINBROOK, ON | 0.025% |
| 224: | KOMOKA, ON | 0.025% |
| 225: | TIVERTON, ON | 0.025% |
| 226: | COLBORNE, ON | 0.025% |
| 227: | IROQUOIS FALLS, ON | 0.025% |
| 228: | ERIN, ON | 0.025% |
| 229: | WHEATLEY, ON | 0.025% |
| 230: | SOUTH RIVER, ON | 0.023% |
| 231: | ENGLEHART, ON | 0.023% |
| 1 | Grafton, Ontario |
| 2 | Brighton, Ontario |
| 3 | Campbellford, Ontario |
| 4 | Baltimore, Ontario |
| 5 | Perth Road, Ontario |
| 6 | Milford, Ontario |
| 7 | Wooler, Ontario |
| 8 | Cobourg, Ontario |
| 9 | Warkworth, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 30.8% | |
| First-time Buyer: | 23.1% | |
| Refinance: | 15.4% | |
| Qualification: | 15.4% | |
| Renewal: | 7.7% | |
| Investment: | 7.7% | |
| Total Application Types Found: 6 | ||
Average age: 36
Oldest age: 54
Youngest age: 23
The following depicts the average income of people living in Colborne who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Colborne: | $37,278.92 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($22,219.55) |
| mortgage co-applicants in Colborne: | $24,029.25 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($18,373.88) |
The following depicts the residential status of people living in Colborne who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 23.1% | |
| Own: | 61.5% | |
| Live with parents: | 15.4% |
The pie chart below represents the marital status of applicants from Colborne, Ontario using the online mortgage application found on the CanEquity Mortgage web site. In Colborne, approximately 46% of the mortgage applicants are living together with someone, while only 53% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 46.2% | |
| Married: | 38.5% | |
| Common-law: | 7.7% | |
| Separated: | 7.7% |
