Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 28.57% | 0.00% |
| 2010: | 14.29% | 0.00% |
| 2009: | 28.57% | 0.00% |
| 2006: | 14.29% | 0.00% |
| 2004: | 14.29% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 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% |
| 353: | RED LAKE, ON | 0.013% |
| 354: | HAMMOND, ON | 0.013% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Purchase: | 57.1% | |
| Qualification: | 28.6% | |
| First-time Buyer: | 14.3% | |
| Total Application Types Found: 3 | ||
Average age: 39
Oldest age: 64
Youngest age: 32
The amounts below are the average income of Canadians living in Elgin who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Elgin: | $76,228.57 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $16,730.11 |
The pie chart below shows the residential status of people living in Elgin who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.6% | |
| Own: | 71.4% |
The information below shows the marital status of applicants from Elgin, Ontario using the preapproval application found at canequity.com. In Elgin, 85% of the mortgage applicants are living together with someone, while only 14% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 71.4% | |
| Divorced: | 14.3% | |
| Common-law: | 14.3% |
