Last report update for Cumberland: Friday, May 16, 2008
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Cumberland Mortgage
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Related Links:
Carlsbad Springs
Casselman
Chesterville
Clarence Creek
Hammond
Navan
Rockland
Russell
St Albert
Buckingham

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Cumberland Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Cumberland

Year Year to Year
Comparison
** National
Contribution
2004: 25.00% 0.00%
2003: 75.00% 0.01%

Note: ** Total national contribution of Cumberland mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Ontario


Location Contribution
338:  MILLBROOK, ON 0.013%
339:  CAMERON, ON 0.013%
340:  RED LAKE, ON 0.013%
341:  PORTLAND, ON 0.013%
342:  BOTHWELL, ON 0.013%
343:  CUMBERLAND, ON 0.013%
344:  JANETVILLE, ON 0.013%
345:  DUNSFORD, ON 0.013%
346:  WELLESLEY, ON 0.013%
347:  OSGOODE, ON 0.013%
348:  PONTYPOOL, ON 0.013%

Nearest Settlements


1Clarence Creek, Ontario
2Rockland, Ontario
3Hammond, Ontario
4Russell, Ontario
5Casselman, Ontario
6St Albert, Ontario
7Buckingham, Quebec
8Carlsbad Springs, Ontario
9Navan, Ontario
10Chesterville, Ontario
11Embrun, Ontario
12Greely, Ontario


Product Popularity for Cumberland


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 25.0%
Refinance: 25.0%
Purchase: 25.0%
First-time Buyer: 25.0%
 
Total Application Types Found: 4
 Cumberland Mortgage Product Popularity Pie Chart

Age Demographics for Cumberland Mortgage Applicants

Average age: 41
Oldest age: 49
Youngest age: 30


Incomes for Cumberland Mortgage Applicants

The numbers below represent the average income of people living in Cumberland who have applied for a home loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Cumberland: $73,046.50
applicants within all of Canada: $56,403.93
Difference: $16,642.57
  

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

Residential Status for Cumberland Mortgage Applicants

The information below represents the residential status of people living in Cumberland who have applied for a home loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 25.0%
Own: 50.0%
No Comment: 25.0%
Cumberland Residential Status Pie Chart

Marital Status for Cumberland Mortgage Applicants

The pie chart below represents the marital status of applicants from Cumberland, Ontario using the preapproval application found at canequity.com. In Cumberland, over 75% of the mortgage applicants are either married or living common-law, while only 25% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Common-law: 25.0%
Single: 25.0%
Cumberland Marital Status Pie Chart