Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 25.00% | 0.00% |
| 2004: | 75.00% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 504: | GOODWOOD, ON | 0.008% |
| 505: | CONSECON, ON | 0.008% |
| 506: | CORBYVILLE, ON | 0.008% |
| 507: | ASTORVILLE, ON | 0.008% |
| 508: | KLEINBURG, ON | 0.008% |
| 509: | GORES LANDING, ON | 0.008% |
| 510: | BRINSTON, ON | 0.008% |
| 511: | INDIAN RIVER, ON | 0.008% |
| 512: | CHURCHILL, ON | 0.008% |
| 513: | WROXETER, ON | 0.008% |
| 514: | CLOYNE, ON | 0.008% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 50.0% | |
| Renewal: | 25.0% | |
| Pre-approval: | 25.0% | |
| Total Application Types Found: 3 | ||
Average age: 48
Oldest age: 48
Youngest age: 48
The information below represents the average income of people living in Gores Landing who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Gores Landing: | $95,266.67 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $35,768.20 |
Since the average income of Gores Landing is much higher than our national average, we have included the MEDIAN annual gross income for this town. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Gores Landing: | $46,900.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($12,598.47) |
The following table represents the residential status of people living in Gores Landing who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 25.0% | |
| Own: | 75.0% |
The following information represents the marital status of applicants from Gores Landing, Ontario using the preapproval application found on canequity.com. Over 100% of the mortgage applicants are either married or living common-law, while only 0% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Common-law: | 75.0% | |
| Married: | 25.0% |
