Last report update for Forest: Friday, May 16, 2008
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Forest Mortgage
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Related Links:
Bright'S Grove
Camlachie
Crediton
Point Edward
Port Franks
Sarnia
Seaforth
Thedford
Watford
Wyoming

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Forest Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Forest

Year Year to Year
Comparison		 ** National
Contribution
2008: * 12.50% * 0.00%
2006: 25.00% 0.01%
2005: 37.50% 0.01%
2003: 25.00% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 25.00% and 0.01% respectively. ** Total national contribution of Forest mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Ontario


Location Contribution
204:  EMBRUN, ON 0.026%
205:  CARP, ON 0.026%
206:  MOUNT HOPE, ON 0.026%
207:  STAYNER, ON 0.026%
208:  DORCHESTER, ON 0.026%
209:  FOREST, ON 0.026%
210:  CAMPBELLVILLE, ON 0.026%
211:  COCHRANE, ON 0.026%
212:  KOMOKA, ON 0.026%
213:  TIVERTON, ON 0.026%
214:  GREELY, ON 0.026%

Nearest Settlements


1Bright'S Grove, Ontario
2Camlachie, Ontario
3Point Edward, Ontario
4Sarnia, Ontario
5Wyoming, Ontario
6Thedford, Ontario
7Seaforth, Ontario
8Crediton, Ontario
9Port Franks, Ontario
10Watford, Ontario
11Bayfield, Ontario
12Parkhill, Ontario
13Petrolia, Ontario
14Corunna, Ontario
15Strathroy, Ontario
16Denfield, Ontario
17Komoka, Ontario
18Exeter, Ontario
19Glencoe, Ontario
20Mitchell, Ontario
21Courtright, Ontario
22Ailsa Craig, Ontario
23Dashwood, Ontario
24Port Lambton, Ontario
25Ilderton, Ontario
26Mount Brydges, Ontario


Product Popularity for Forest


Mortgage Application
Form Type		  Percentage
of Inquiries
First-time Buyer: 37.5%
Refinance: 25.0%
No Money Down: 25.0%
Qualification: 12.5%
 
Total Application Types Found: 4
Forest Mortgage Product Popularity Pie Chart

Age Demographics for Forest Mortgages

Average age: 37
Oldest age: 62
Youngest age: 24


Incomes for Forest Mortgages

The amounts below are the average income of people living in Forest who have applied for a loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Forest: $69,733.50
applicants within all of Canada: $56,403.93
Difference: $13,329.57
  

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

Residential Status for Forest Mortgages

The following depicts the residential status of people living in Forest 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: 50.0%
Other: 12.5%
Live with parents: 12.5%
Forest Residential Status Pie Chart

Marital Status for Forest Mortgages

The following information represents the marital status of applicants from Forest, Ontario using the preapproval application found at canequity.com. In Forest, over 62% of the mortgage applicants are living together with someone, while only 37% are not married or separated.

Marital Status of
Mortgage Applicant 		  Percentage
of Inquiries
Married: 62.5%
Single: 25.0%
Separated: 12.5%
Forest Marital Status Pie Chart