Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Echo Bay: Wednesday, February 8, 2012   
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Related Links:
Bruce Mines
Garden River
Goulais River
Sault Ste Marie
Thessalon

Echo Bay Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Echo Bay

Year Year to Year
Comparison
** National
Contribution
2011: 28.57% 0.00%
2010: 14.29% 0.00%
2008: 14.29% 0.00%
2006: 14.29% 0.00%
2005: 28.57% 0.00%

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
342:  STEVENSVILLE, ON 0.013%
343:  WASHAGO, ON 0.013%
344:  TAVISTOCK, ON 0.013%
345:  TAMWORTH, ON 0.013%
346:  CRYSTAL BEACH, ON 0.013%
347:  ECHO BAY, ON 0.013%
348:  NEW LISKEARD, ON 0.013%
349:  ELGIN, ON 0.013%
350:  CLIFFORD, ON 0.013%
351:  RUTHVEN, ON 0.013%
352:  CAMERON, ON 0.013%

Nearest Settlements


1Sault Ste Marie, Ontario
2Goulais River, Ontario
3Garden River, Ontario
4Bruce Mines, Ontario
5Thessalon, Ontario


Product Popularity for Echo Bay


Mortgage Application
Form Type
  Percentage
of Inquiries
Purchase: 42.9%
Qualification: 14.3%
No Money Down: 14.3%
First-time Buyer: 14.3%
Second Mortgage: 14.3%
 
Total Application Types Found: 5
 Echo Bay Mortgage Product Popularity Pie Chart

Age Demographics for Echo Bay Mortgages

Average age: 42
Oldest age: 63
Youngest age: 28


Incomes for Echo Bay Mortgages

The following depicts the average income of people living in Echo Bay who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Echo Bay: $53,314.83
applicants within all of Canada: $59,498.47
Difference: ($6,183.63)
  

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

Residential Status for Echo Bay Based Mortgages

The following depicts the residential status of people living in Echo Bay who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 14.3%
Own: 57.1%
Other: 14.3%
Live with parents: 14.3%
Echo Bay Residential Status Pie Chart

Marital Statistics for Echo Bay Based Mortgages

The following pie chart represents the marital status of applicants from Echo Bay, Ontario using the mortgage preapproval application found on the CanEquity Mortgage web site. Approximately 42% of the mortgage applicants are living with someone, while only 57% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 42.9%
Married: 42.9%
Separated: 14.3%
Echo Bay Marital Status Pie Chart