Last report update for Echo Bay: Friday, May 16, 2008
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Echo Bay Mortgage
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Related Links:
Bruce Mines
Goulais River
Sault Ste Marie
Thessalon

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Echo Bay Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Echo Bay

Year Year to Year
Comparison
** National
Contribution
2006: 33.33% 0.00%
2005: 66.67% 0.01%

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

Current City Standing within Ontario


Location Contribution
393:  MARTINTOWN, ON 0.010%
394:  CORBEIL, ON 0.010%
395:  PORT FRANKS, ON 0.010%
396:  LIONS HEAD, ON 0.010%
397:  KINMOUNT, ON 0.010%
398:  ECHO BAY, ON 0.010%
399:  WILLOW BEACH, ON 0.010%
400:  DESBORO, ON 0.010%
401:  EMERYVILLE, ON 0.010%
402:  VIENNA, ON 0.010%
403:  SPRUCEDALE, ON 0.010%

Nearest Settlements


1Sault Ste Marie, Ontario
2Goulais River, Ontario
3Bruce Mines, Ontario
4Thessalon, Ontario


Product Popularity for Echo Bay


Mortgage Application
Form Type
  Percentage
of Inquiries
Purchase: 33.3%
First-time Buyer: 33.3%
Second Mortgage: 33.3%
 
Total Application Types Found: 3
 Echo Bay Mortgage Product Popularity Pie Chart

Age Demographics for Echo Bay Mortgages

Average age: 46
Oldest age: 63
Youngest age: 29


Incomes for Echo Bay Mortgages

The figures below represent the average income of applicants living in Echo Bay who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Echo Bay: $49,993.50
applicants within all of Canada: $56,403.93
Difference: ($6,410.43)
  

Note: Commercial loans were not included for this report, only residential loans were used.

Residential Status for Echo Bay Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Echo Bay 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: 33.3%
Own: 66.7%
Echo Bay Residential Status Pie Chart

Marital Status for Echo Bay Mortgage Applicants

The information below shows the marital status of applicants from Echo Bay, Ontario using the online mortgage application found on the CanEquity Mortgage web site. In Echo Bay, approximately 33% of the mortgage applicants are either married or living common-law, while only 66% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Separated: 33.3%
Single: 33.3%
Married: 33.3%
Echo Bay Marital Status Pie Chart