Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 10.00% | 0.00% |
| 2008: | 10.00% | 0.00% |
| 2007: | 10.00% | 0.00% |
| 2006: | 20.00% | 0.00% |
| 2005: | 10.00% | 0.00% |
| 2004: | 20.00% | 0.00% |
| 2003: | 10.00% | 0.00% |
| 2002: | 10.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 255: | SEAFORTH, ON | 0.021% |
| 256: | SCHOMBERG, ON | 0.021% |
| 257: | SHANTY BAY, ON | 0.021% |
| 258: | LIVELY, ON | 0.021% |
| 259: | CHAPLEAU, ON | 0.021% |
| 260: | HOLLAND LANDING, ON | 0.019% |
| 261: | MALLORYTOWN, ON | 0.019% |
| 262: | LOWBANKS, ON | 0.019% |
| 263: | CARDINAL, ON | 0.019% |
| 264: | AMHERSTVIEW, ON | 0.019% |
| 265: | BURFORD, ON | 0.019% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 40.0% | |
| No Money Down: | 20.0% | |
| Purchase: | 10.0% | |
| Qualification: | 10.0% | |
| Variable Rate: | 10.0% | |
| First-time Buyer: | 10.0% | |
| Total Application Types Found: 6 | ||
Average age: 36
Oldest age: 53
Youngest age: 19
The figures below represent the average income of applicants living in Holland Landing who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Holland Landing: | $79,600.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $20,101.53 |
| mortgage co-applicants in Holland Landing: | $72,333.33 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $29,930.20 |
Since the average income of Holland Landing is substantially higher than the national average, we have included the MEDIAN annual gross income for this area. 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 Holland Landing: | $53,500.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($5,998.47) |
The information shown below represents the residential status of people living in Holland Landing who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 30.0% | |
| Own: | 70.0% |
The following table and pie chart represents the marital status of applicants from Holland Landing, Ontario using the mortgage application found on the CanEquity Mortgage web site. 60% of the mortgage applicants are living together with someone, while only 40% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 30.0% | |
| Separated: | 10.0% | |
| Common-law: | 10.0% |
