Last report update for Oil Springs: Friday, May 16, 2008
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Oil Springs Mortgage
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Related Links:
Bothwell
Courtright
Dashwood
Dresden
Dutton
Glencoe
Thamesville
Wallaceburg
Watford
West Lorne

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Oil Springs Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Oil Springs

Year Year to Year
Comparison		 ** National
Contribution
2008: * 25.00% * 0.00%
2006: 25.00% 0.00%
2005: 25.00% 0.00%
2003: 25.00% 0.00%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 50.00% and 0.01% respectively. ** Total national contribution of Oil Springs mortgages in the past is currently 0.01% with a projected target of 0.02%.

Current City Standing within Ontario


Location Contribution
325:  CRYSTAL BEACH, ON 0.013%
326:  SHARBOT LAKE, ON 0.013%
327:  CLAREMONT, ON 0.013%
328:  MOOSONEE, ON 0.013%
329:  CARRYING PLACE, ON 0.013%
330:  OIL SPRINGS, ON 0.013%
331:  NEW LISKEARD, ON 0.013%
332:  BADEN, ON 0.013%
333:  CREEMORE, ON 0.013%
334:  LANGTON, ON 0.013%
335:  WAWA, ON 0.013%

Nearest Settlements


1Thamesville, Ontario
2Dresden, Ontario
3Courtright, Ontario
4Dashwood, Ontario
5Bothwell, Ontario
6Wallaceburg, Ontario
7Dutton, Ontario
8Glencoe, Ontario
9Watford, Ontario
10West Lorne, Ontario
11Petrolia, Ontario
12Corunna, Ontario
13Muirkirk, Ontario
14Sarnia, Ontario
15Strathroy, Ontario
16Wyoming, Ontario
17Ridgetown, Ontario
18Komoka, Ontario
19Point Edward, Ontario
20Chatham, Ontario
21Ailsa Craig, Ontario
22Port Lambton, Ontario
23Ilderton, Ontario
24Mount Brydges, Ontario


Product Popularity for Oil Springs


Mortgage Application
Form Type		  Percentage
of Inquiries
Qualification: 50.0%
Refinance: 25.0%
First-time Buyer: 25.0%
 
Total Application Types Found: 3
Oil Springs Mortgage Product Popularity Pie Chart

Age Demographics for Oil Springs Applicants

Average age: 37
Oldest age: 47
Youngest age: 29


Incomes for Oil Springs Applicants

The amounts below are the average income of applicants living in Oil Springs who have applied for a home loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Oil Springs: $32,025.00
applicants within all of Canada: $56,403.93
Difference: ($24,378.93)
  

Note: Commercial loans were not included for this report, only residential loans from Oil Springs, Ontario were used.

Residential Status for Oil Springs Mortgages

The chart and pie-graph below depicts the residential status of people living in Oil Springs who have submitted a mortgage inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant		  Percentage
of Inquiries
Rent: 75.0%
Own: 25.0%
Oil Springs Residential Status Pie Chart

Marital Status for Oil Springs Mortgages

The following table and pie chart represents the marital status of applicants from Oil Springs, Ontario using the online mortgage application located at the CanEquity web site. 50% of the mortgage applicants are living with someone, while only 50% are not married or separated.

Marital Status of
Mortgage Applicant 		  Percentage
of Inquiries
Single: 50.0%
Common-law: 25.0%
Married: 25.0%
Oil Springs Marital Status Pie Chart