Last report update for Goderich: Tuesday, May 13, 2008
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Goderich Mortgage
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Related Links:
Auburn
Bayfield
Blyth
Brussels
Chepstow
Clinton
Port Franks
Ripley
Walkerton
Wingham

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Goderich Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Goderich

Year Year to Year
Comparison
** National
Contribution
2008: * 11.77% * 0.01%
2007: 5.88% 0.00%
2006: 41.18% 0.02%
2005: 5.88% 0.00%
2004: 17.65% 0.01%
2003: 17.65% 0.01%

Note: * These values are the percentages up to Tuesday, May 13, 2008. Estimated volume targets for the entire 2008 year are 29.41% and 0.02% respectively. ** Total national contribution of Goderich mortgages in the past is currently 0.06% with a projected target of 0.07%.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia: 11.48%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario 48.62%
Prince Edward Island: 0.35%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Goderich Mortgages

Current City Standing within Ontario


Location Contribution
109:  BEAMSVILLE, ON 0.060%
110:  PEFFERLAW, ON 0.060%
111:  TOTTENHAM, ON 0.060%
112:  PARRY SOUND, ON 0.060%
113:  BANCROFT, ON 0.060%
114:  GODERICH, ON 0.056%
115:  DUNNVILLE, ON 0.056%
116:  UXBRIDGE, ON 0.056%
117:  KINGSVILLE, ON 0.056%
118:  HANMER, ON 0.056%
119:  THOROLD, ON 0.056%

Nearest Settlements


1Clinton, Ontario
2Auburn, Ontario
3Blyth, Ontario
4Wingham, Ontario
5Chepstow, Ontario
6Port Franks, Ontario
7Walkerton, Ontario
8Brussels, Ontario
9Ripley, Ontario
10Bayfield, Ontario
11Teeswater, Ontario
12Wroxeter, Ontario
13Cargill, Ontario
14Fordwich, Ontario
15Thedford, Ontario
16Brockton, Ontario
17Elmwood, Ontario
18Neustadt, Ontario
19Seaforth, Ontario
20Clifford, Ontario


Product Popularity for Goderich


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 23.5%
Qualification: 23.5%
No Money Down: 23.5%
First-time Buyer: 11.8%
Renewal: 5.9%
Pre-approval: 5.9%
Commercial: 5.9%
 
Total Application Types Found: 7
 Goderich Mortgage Product Popularity Pie Chart

Age Demographics for Goderich Mortgage Applicants

Average age: 34
Oldest age: 56
Youngest age: 20


Incomes for Goderich Mortgage Applicants

The information below represents the average income of applicants living in Goderich who have applied for a home loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Goderich: $50,812.50
applicants within all of Canada: $56,384.30
Difference: ($5,571.80)
  
mortgage co-applicants in Goderich: $21,000.00
co-applicants within all of Canada: $39,375.53
Difference: ($18,375.53)

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

Residential Status for Goderich Mortgage Applicants

The pie chart below shows the residential status of people living in Goderich who have submitted an inquiry using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 23.5%
Own: 52.9%
Live with parents: 23.5%
Goderich Residential Status Pie Chart

Marital Status for Goderich Mortgage Applicants

The information below shows the marital status of applicants from Goderich, Ontario using the mortgage preapproval application found at the CanEquity web site. In Goderich, approximately 70% of the mortgage applicants are either married or living common-law, while only 29% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 58.8%
Single: 29.4%
Common-law: 11.8%
Goderich Marital Status Pie Chart