Last report update for Mount Forest: Friday, May 16, 2008
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Related Links:
Clifford
Durham
Fordwich
Hanover
Harriston
Listowel
Mildmay
Millbank
Neustadt
Palmerston

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Mount Forest Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Mount Forest

Year Year to Year
Comparison
** National
Contribution
2008: * 8.33% * 0.00%
2007: 16.67% 0.01%
2006: 25.00% 0.01%
2005: 16.67% 0.01%
2004: 16.67% 0.01%
2002: 16.67% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 16.67% and 0.01% respectively. ** Total national contribution of Mount Forest mortgages in the past is currently 0.04% with a projected target of 0.04%.

Current City Standing within Ontario


Location Contribution
146:  YORK, ON 0.043%
147:  COLDWATER, ON 0.040%
148:  CALEDON, ON 0.040%
149:  ST MARYS, ON 0.040%
150:  BOBCAYGEON, ON 0.040%
151:  MOUNT FOREST, ON 0.040%
152:  GRAVENHURST, ON 0.040%
153:  KINCARDINE, ON 0.040%
154:  FORT FRANCES, ON 0.040%
155:  HAVELOCK, ON 0.040%
156:  PORT DOVER, ON 0.040%

Nearest Settlements


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


Product Popularity for Mount Forest


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 41.7%
Qualification: 25.0%
First-time Buyer: 16.7%
No Money Down: 8.3%
Low Doc: 8.3%
 
Total Application Types Found: 5
 Mount Forest Mortgage Product Popularity Pie Chart

Age Demographics for Mount Forest Mortgage Applicants

Average age: 37
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 applied for a mortgage loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Mount Forest: $40,423.33
applicants within all of Canada: $56,403.93
Difference: ($15,980.59)
  

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

Residential Status for Mount Forest Mortgages

The table and pie chart below represents the residential status of people living in Mount Forest who have applied for a home loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 41.7%
Own: 33.3%
No Comment: 16.7%
Live with parents: 8.3%
Mount Forest Residential Status Pie Chart

Marital Statistics for Mount Forest Mortgages

The information below shows the marital status of applicants from Mount Forest, Ontario using the mortgage preapproval application found on the CanEquity Mortgage web site. Over 75% of the mortgage applicants are living together with someone, while only 25% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 58.3%
Single: 25.0%
Common-law: 16.7%
Mount Forest Marital Status Pie Chart