Last report update for Echo Bay: Wednesday, March 17, 2010
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Echo Bay Mortgage
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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 Applications from Echo Bay

Year Year to Year
Comparison
** National
Contribution
2008: 25.00% 0.00%
2006: 25.00% 0.00%
2005: 50.00% 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
401:  FIELD, ON 0.009%
402:  KEARNEY, ON 0.009%
403:  SPRINGFIELD, ON 0.009%
404:  JORDAN STATION, ON 0.009%
405:  LIONS HEAD, ON 0.009%
406:  ECHO BAY, ON 0.009%
407:  CLAREMONT, ON 0.009%
408:  CREEMORE, ON 0.009%
409:  ELGIN, ON 0.009%
410:  LUNENBURG, ON 0.009%
411:  MASSEY, ON 0.009%

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: 25.0%
Qualification: 25.0%
First-time Buyer: 25.0%
Second Mortgage: 25.0%
 
Total Application Types Found: 4
 Echo Bay Mortgage Product Popularity Pie Chart

Age Demographics for Echo Bay Based Mortgages

Average age: 44
Oldest age: 63
Youngest age: 29


Incomes for Echo Bay Based Mortgages

The amounts below are the average income of people living in Echo Bay who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Echo Bay: $57,296.33
applicants within all of Canada: $58,582.39
Difference: ($1,286.05)
  

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

Residential Status for Echo Bay Mortgage Applicants

The pie chart below shows the residential status of people living in Echo Bay who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 25.0%
Own: 75.0%
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 located at canequity.com. In Echo Bay, approximately 50% of the mortgage applicants are living with someone, while only 50% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Separated: 25.0%
Single: 25.0%
Echo Bay Marital Status Pie Chart