Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 10.00% | 0.00% |
| 2008: | 20.00% | 0.00% |
| 2005: | 20.00% | 0.00% |
| 2003: | 30.00% | 0.01% |
| 2002: | 20.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 268: | WAHNAPITAE, ON | 0.019% |
| 269: | DESERONTO, ON | 0.019% |
| 270: | FOREST, ON | 0.019% |
| 271: | TWEED, ON | 0.019% |
| 272: | WOODLAWN, ON | 0.019% |
| 273: | KIRKFIELD, ON | 0.019% |
| 274: | NORWOOD, ON | 0.019% |
| 275: | CHESLEY, ON | 0.019% |
| 276: | LUCAN, ON | 0.019% |
| 277: | PALGRAVE, ON | 0.019% |
| 278: | HARROWSMITH, ON | 0.019% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 30.0% | |
| First-time Buyer: | 30.0% | |
| Renewal: | 10.0% | |
| Purchase: | 10.0% | |
| Low Doc: | 10.0% | |
| Variable Rate: | 10.0% | |
| Total Application Types Found: 6 | ||
Average age: 47
Oldest age: 70
Youngest age: 29
The figures below represent the average income of people living in Kirkfield who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Kirkfield: | $81,111.11 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $21,612.65 |
| mortgage co-applicants in Kirkfield: | $31,636.20 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($10,766.93) |
Since the average income of Kirkfield is much higher than the 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 Kirkfield: | $58,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($1,498.47) |
The information below represents the residential status of people living in Kirkfield who have submitted an inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 10.0% | |
| Own: | 60.0% | |
| Other: | 20.0% | |
| No Comment: | 10.0% |
The following pie chart represents the marital status of applicants from Kirkfield, Ontario using the preapproval application found on the CanEquity Mortgage web site. In Kirkfield, over 70% of the mortgage applicants are living together with someone, while only 30% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 40.0% | |
| Common-law: | 30.0% | |
| Single: | 30.0% |
