Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Mount Forest: Wednesday, February 8, 2012   
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Clifford
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Fordwich
Hanover
Harriston
Listowel
Mildmay
Millbank
Neustadt
Palmerston

Mount Forest Mortgages

Ontario Mortgage Statistics, Graphs and Charts

Map of Mount Forest requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Online Applications from Mount Forest

Year Year to Year
Comparison
** National
Contribution
2011: 11.77% 0.00%
2010: 11.77% 0.00%
2009: 5.88% 0.00%
2008: 5.88% 0.00%
2007: 11.77% 0.00%
2006: 17.65% 0.01%
2005: 11.77% 0.00%
2004: 11.77% 0.00%
2002: 11.77% 0.00%

Note: ** Total national contribution of Mount Forest mortgages in the past is currently 0.03% with a projected target of 0.03%.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia: 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario 48.07%
Prince Edward Island: 0.53%
Quebec: 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Mount Forest Mortgages

Current City Standing within Ontario


Location Contribution
168:  DORCHESTER, ON 0.034%
169:  LAKEFIELD, ON 0.034%
170:  MADOC, ON 0.034%
171:  OMEMEE, ON 0.034%
172:  COLDWATER, ON 0.032%
173:  MOUNT FOREST, ON 0.032%
174:  ELORA, ON 0.032%
175:  HAVELOCK, ON 0.032%
176:  MARMORA, ON 0.032%
177:  MINDEN, ON 0.032%
178:  DURHAM, ON 0.032%

Nearest Settlements


1Mildmay, Ontario
2Harriston, Ontario
3Millbank, Ontario
4Listowel, Ontario
5Fordwich, Ontario
6Neustadt, Ontario
7Hanover, Ontario
8Clifford, Ontario
9Palmerston, Ontario
10Drayton, Ontario
11Durham, Ontario
12Markdale, Ontario
13Chepstow, Ontario
14Moorefield, Ontario
15Walkerton, Ontario
16Brockton, Ontario
17Cargill, Ontario
18Dundalk, Ontario
19Brussels, Ontario
20Teeswater, Ontario
21Wroxeter, Ontario
22Creemore, Ontario
23Flesherton, Ontario
24Milverton, Ontario
25Arthur, Ontario
26Wellesley, Ontario
27Shallow Lake, Ontario
28Elmira, Ontario
29Waterloo, Ontario
30Elmwood, Ontario
31Fergus, Ontario
32Auburn, Ontario
33Chesley, Ontario
34Walton, Ontario
35Blyth, Ontario
36Owen Sound, Ontario
37Hepworth, Ontario
38Elora, Ontario
39Grand Valley, Ontario
40Paisley, Ontario


Product Popularity for Mount Forest


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 47.1%
Qualification: 23.5%
First-time Buyer: 17.6%
No Money Down: 5.9%
Low Doc: 5.9%
 
Total Application Types Found: 5
 Mount Forest Mortgage Product Popularity Pie Chart

Age Demographics for Mount Forest Originated Mortgages

Average age: 37
Oldest age: 54
Youngest age: 21


Incomes for Mount Forest Originated Mortgages

The following figures show the average income of applicants living in Mount Forest who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Mount Forest: $48,710.59
applicants within all of Canada: $59,498.47
Difference: ($10,787.88)
  

Note: Commercial loans were not included for this report, only residential mortgage loan amounts from Mount Forest, Ontario were used.

Residential Status for Mount Forest Originated Mortgages

The table and pie chart below represents the residential status of people living in Mount Forest who have submitted a mortgage inquiry using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 35.3%
Own: 47.1%
No Comment: 11.8%
Live with parents: 5.9%
Mount Forest Residential Status Pie Chart

Marital Statistics for Mount Forest Originated Mortgages

The pie chart below represents the marital status of applicants from Mount Forest, Ontario using the preapproval application found at canequity.com. 76% of the mortgage applicants are living with someone, while only 23% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 64.7%
Single: 17.6%
Common-law: 11.8%
Separated: 5.9%
Mount Forest Marital Status Pie Chart