Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 25.00% | 0.00% |
| 2010: | 25.00% | 0.00% |
| 2009: | 12.50% | 0.00% |
| 2008: | 25.00% | 0.00% |
| 2003: | 12.50% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 332: | BURKS FALLS, ON | 0.015% |
| 333: | HARRISTON, ON | 0.015% |
| 334: | HILLSBURGH, ON | 0.015% |
| 335: | MOUNTAIN, ON | 0.015% |
| 336: | CAPREOL, ON | 0.015% |
| 337: | GRAND BEND, ON | 0.015% |
| 338: | VICTORIA HARBOUR, ON | 0.013% |
| 339: | BRIDGENORTH, ON | 0.013% |
| 340: | MAXVILLE, ON | 0.013% |
| 341: | LONGLAC, ON | 0.013% |
| 342: | STEVENSVILLE, ON | 0.013% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.0% | |
| Renewal: | 12.5% | |
| Purchase: | 12.5% | |
| Qualification: | 12.5% | |
| Investment: | 12.5% | |
| Variable Rate: | 12.5% | |
| First-time Buyer: | 12.5% | |
| Total Application Types Found: 7 | ||
Average age: 46
Oldest age: 69
Youngest age: 35
The numbers below represent the average income of applicants living in Grand Bend who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Grand Bend: | $42,017.14 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($17,481.32) |
The chart and pie-graph below depicts the residential status of people living in Grand Bend who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.5% | |
| Own: | 62.5% |
The following pie chart represents the marital status of applicants from Grand Bend, Ontario using the mortgage application found on the CanEquity Mortgage web site. 87% of the mortgage applicants are either married or living common-law, while only 12% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Common-law: | 37.5% | |
| Single: | 12.5% |
