Last report update for Kirkland Lake: Tuesday, May 13, 2008
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Kirkland Lake Mortgage
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Chaput Hughes
Englehart
Round Lake

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Kirkland Lake Mortgages

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Yearly Volume Comparison for Mortgage Inquiries from Kirkland Lake

Year Year to Year
Comparison
** National
Contribution
2008: * 15.39% * 0.01%
2006: 15.39% 0.01%
2005: 30.77% 0.01%
2004: 7.69% 0.00%
2003: 23.08% 0.01%
2002: 7.69% 0.00%

Note: * These values are the percentages up to Tuesday, May 13, 2008. Estimated volume targets for the entire 2008 year are 38.46% and 0.02% respectively. ** Total national contribution of Kirkland Lake mortgages in the past is currently 0.04% with a projected target of 0.05%.

Current City Standing within Ontario


Location Contribution
138:  ROCKLAND, ON 0.043%
139:  BLENHEIM, ON 0.043%
140:  PERTH, ON 0.043%
141:  NIAGARA ON THE LAKE, ON 0.043%
142:  GANANOQUE, ON 0.043%
143:  KIRKLAND LAKE, ON 0.043%
144:  FRANKFORD, ON 0.043%
145:  MADOC, ON 0.043%
146:  COLDWATER, ON 0.040%
147:  CALEDON, ON 0.040%
148:  ST MARYS, ON 0.040%

Nearest Settlements


1Chaput Hughes, Ontario
2Round Lake, Ontario
3Englehart, Ontario


Product Popularity for Kirkland Lake


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 53.8%
No Money Down: 30.8%
Refinance: 7.7%
Qualification: 7.7%
 
Total Application Types Found: 4
 Kirkland Lake Mortgage Product Popularity Pie Chart

Age Demographics for Kirkland Lake Based Mortgages

Average age: 41
Oldest age: 52
Youngest age: 31


Incomes for Kirkland Lake Based Mortgages

The following figures show the average income of Canadians living in Kirkland Lake who have submitted a mortgage inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Kirkland Lake: $34,514.77
applicants within all of Canada: $56,384.30
Difference: ($21,869.53)
  
mortgage co-applicants in Kirkland Lake: $16,875.00
co-applicants within all of Canada: $39,375.53
Difference: ($22,500.53)

Note: Commercial Mortgages were not included for this section, only residential mortgage loan amounts were used.

Residential Status for Kirkland Lake Mortgages

The following table represents the residential status of people living in Kirkland Lake who have applied for a loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 76.9%
Own: 15.4%
Live with parents: 7.7%
Kirkland Lake Residential Status Pie Chart

Marital Statistics for Kirkland Lake Mortgages

The information below shows the marital status of applicants from Kirkland Lake, Ontario using the mortgage application found at the CanEquity web site. In Kirkland Lake, approximately 61% of the mortgage applicants are living common-law or married, while only 30% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 30.8%
Married: 30.8%
Divorced: 23.1%
Widowed: 7.7%
Single: 7.7%
Kirkland Lake Marital Status Pie Chart