Last report update for Palmerston: Wednesday, March 17, 2010
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Palmerston Mortgage
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Palmerston Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from Palmerston

Year Year to Year
Comparison
** National
Contribution
2007: 16.67% 0.00%
2005: 50.00% 0.01%
2003: 33.33% 0.01%

Note: ** Total national contribution of Palmerston mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Ontario


Location Contribution
337:  BAYFIELD, ON 0.014%
338:  BURKS FALLS, ON 0.014%
339:  HILLSBURGH, ON 0.014%
340:  CAPREOL, ON 0.014%
341:  THEDFORD, ON 0.014%
342:  PALMERSTON, ON 0.014%
343:  MORRISBURG, ON 0.014%
344:  HAWKESBURY, ON 0.014%
345:  GLENCOE, ON 0.014%
346:  THORNBURY, ON 0.014%
347:  CAESAREA, ON 0.012%

Nearest Settlements


1Millbank, Ontario
2Listowel, Ontario
3Fordwich, Ontario
4Mildmay, Ontario
5Milverton, Ontario
6Clifford, Ontario
7Mount Forest, Ontario
8Harriston, Ontario
9Drayton, Ontario
10Moorefield, Ontario
11Neustadt, Ontario
12Wellesley, Ontario
13Brussels, Ontario
14Teeswater, Ontario
15Wroxeter, Ontario
16Chepstow, Ontario
17Walkerton, Ontario
18Hanover, Ontario
19Arthur, Ontario
20Elmira, Ontario
21Waterloo, Ontario
22Hensall, Ontario
23Durham, Ontario
24Markdale, Ontario
25Fergus, Ontario
26Salem, Ontario
27Mitchell, Ontario
28Auburn, Ontario
29Walton, Ontario
30Brockton, Ontario
31Blyth, Ontario
32Centre Wellington, Ontario
33Shakespeare, Ontario
34Cargill, Ontario
35New Dundee, Ontario
36Elora, Ontario
37Grand Valley, Ontario
38Dundalk, Ontario
39Stratford, Ontario
40Elmwood, Ontario
41Seaforth, Ontario
42Kitchener, Ontario


Product Popularity for Palmerston


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 66.7%
Refinance: 16.7%
First-time Buyer: 16.7%
 
Total Application Types Found: 3
 Palmerston Mortgage Product Popularity Pie Chart

Age Demographics for Palmerston Based Mortgages

Average age: 30
Oldest age: 38
Youngest age: 24


Incomes for Palmerston Based Mortgages

The amounts shown below represent the average income of Canadians living in Palmerston who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Palmerston: $35,705.67
applicants within all of Canada: $58,582.39
Difference: ($22,876.72)
  

Note: Commercial Mortgages were not included for this report, only home loans from Palmerston, Ontario were used.

Residential Status for Palmerston Mortgage Applicants

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 66.7%
Own: 16.7%
Other: 16.7%
Palmerston Residential Status Pie Chart

Marital Status for Palmerston Mortgage Applicants

The following information represents the marital status of applicants from Palmerston, Ontario using the preapproval application found at canequity.com. In Palmerston, approximately 50% of the mortgage applicants are living common-law or married, while only 33% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Divorced: 16.7%
Widowed: 16.7%
Single: 16.7%
Palmerston Marital Status Pie Chart