Last report update for Niagara On the Lake: Tuesday, May 13, 2008
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Niagara On the Lake Mortgage
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Related Links:
Crystal Beach
Fonthill
Fort Erie
Niagara Falls
Port Colborne
Ridgeway
St Catharines
Stevensville
Thorold
Welland

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Niagara On the Lake Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Niagara On the Lake

Year Year to Year
Comparison
** National
Contribution
2007: 15.39% 0.01%
2006: 23.08% 0.01%
2005: 30.77% 0.01%
2004: 30.77% 0.01%

Note: ** Total national contribution of Niagara On the Lake mortgages in the past is currently 0.04% with a projected target of 0.04%.

Current City Standing within Ontario


Location Contribution
136:  ANGUS, ON 0.043%
137:  DELHI, ON 0.043%
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%

Nearest Settlements


1Thorold, Ontario
2Welland, Ontario
3Fonthill, Ontario
4Port Colborne, Ontario
5Stevensville, Ontario
6St Catharines, Ontario
7Fort Erie, Ontario
8Crystal Beach, Ontario
9Ridgeway, Ontario
10Niagara Falls, Ontario
11Lowbanks, Ontario
12Fenwick, Ontario
13Wellandport, Ontario
14Caistor Centre, Ontario
15Vineland, Ontario
16Smithville, Ontario


Product Popularity for Niagara On the Lake


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 38.5%
No Money Down: 38.5%
Refinance: 7.7%
Equity Mortgage: 7.7%
Second Mortgage: 7.7%
 
Total Application Types Found: 5
 Niagara On the Lake Mortgage Product Popularity Pie Chart

Age Demographics for Niagara On the Lake Originated Mortgages

Average age: 48
Oldest age: 64
Youngest age: 29


Incomes for Niagara On the Lake Originated Mortgages

The amounts below are the average income of applicants living in Niagara On the Lake who have applied for a mortgage loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Niagara On the Lake: $74,181.82
applicants within all of Canada: $56,384.30
Difference: $17,797.52
  
mortgage co-applicants in Niagara On the Lake: $53,200.00
co-applicants within all of Canada: $39,375.53
Difference: $13,824.47

Note: Commercial Mortgages were not included for this section, only residential mortgage loans from Niagara On the Lake, Ontario were used.

Residential Status for Niagara On the Lake Mortgage Applicants

The information shown below represents the residential status of people living in Niagara On the Lake who have applied for a mortgage using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 30.8%
Own: 61.5%
Live with parents: 7.7%
Niagara On the Lake Residential Status Pie Chart

Marital Status for Niagara On the Lake Mortgage Applicants

The following pie chart represents the marital status of applicants from Niagara On the Lake, Ontario using the mortgage preapproval application located at canequity.com. In Niagara On the Lake, approximately 84% of the mortgage applicants are either married or living common-law, while only 15% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 84.6%
Separated: 7.7%
Single: 7.7%
Niagara On the Lake Marital Status Pie Chart