Last report update for Mount Forest: Sunday, March 21, 2010
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Hanover
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Listowel
Mildmay
Millbank
Neustadt
Palmerston


Mount Forest Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Mount Forest

Year Year to Year
Comparison
** National
Contribution
2009: 7.69% 0.00%
2008: 7.69% 0.00%
2007: 15.39% 0.01%
2006: 23.08% 0.01%
2005: 15.39% 0.01%
2004: 15.39% 0.01%
2002: 15.39% 0.01%

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

Current City Standing within Ontario


Location Contribution
179:  RIDGEWAY, ON 0.030%
180:  WATERFORD, ON 0.030%
181:  WALKERTON, ON 0.030%
182:  WAWA, ON 0.030%
183:  ELMVALE, ON 0.030%
184:  MOUNT FOREST, ON 0.030%
185:  GARSON, ON 0.030%
186:  MARMORA, ON 0.030%
187:  WIARTON, ON 0.030%
188:  SHELBURNE, ON 0.030%
189:  HASTINGS, ON 0.030%

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: 38.5%
Qualification: 30.8%
First-time Buyer: 15.4%
No Money Down: 7.7%
Low Doc: 7.7%
 
Total Application Types Found: 5
 Mount Forest Mortgage Product Popularity Pie Chart

Age Demographics for Mount Forest Mortgage Applicants

Average age: 38
Oldest age: 54
Youngest age: 21


Incomes for Mount Forest Mortgage Applicants

The information below represents the average income of applicants living in Mount Forest who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Mount Forest: $44,698.46
applicants within all of Canada: $58,592.40
Difference: ($13,893.94)
  

Note: Commercial loan amounts were not included for this section, only home loans from Mount Forest, Ontario were used.

Residential Status for Mount Forest Based Mortgages

The information shown below represents the residential status of people living in Mount Forest who have applied for a mortgage using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 38.5%
Own: 38.5%
No Comment: 15.4%
Live with parents: 7.7%
Mount Forest Residential Status Pie Chart

Marital Statistics for Mount Forest Based Mortgages

The following information represents the marital status of applicants from Mount Forest, Ontario using the mortgage application located at canequity.com. Approximately 76% of the mortgage applicants are either married or living common-law, while only 23% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 61.5%
Single: 23.1%
Common-law: 15.4%
Mount Forest Marital Status Pie Chart