Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Porcupine: Wednesday, February 8, 2012   
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Related Links:
Kapuskasing
South Porcupine

Porcupine Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from Porcupine

Year Year to Year
Comparison
** National
Contribution
2011: 10.00% 0.00%
2010: 10.00% 0.00%
2009: 10.00% 0.00%
2008: 10.00% 0.00%
2007: 10.00% 0.00%
2006: 10.00% 0.00%
2004: 30.00% 0.01%
2002: 10.00% 0.00%

Note: ** Total national contribution of Porcupine mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Ontario


Location Contribution
276:  LUCAN, ON 0.019%
277:  PALGRAVE, ON 0.019%
278:  HARROWSMITH, ON 0.019%
279:  MORRISBURG, ON 0.019%
280:  LIMOGES, ON 0.019%
281:  PORCUPINE, ON 0.019%
282:  MAIDSTONE, ON 0.019%
283:  ILDERTON, ON 0.019%
284:  MANOTICK, ON 0.019%
285:  MILLGROVE, ON 0.017%
286:  METCALFE, ON 0.017%

Nearest Settlements


1South Porcupine, Ontario
2Kapuskasing, Ontario


Product Popularity for Porcupine


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 50.0%
First-time Buyer: 20.0%
Purchase: 10.0%
Refinance: 10.0%
No Money Down: 10.0%
 
Total Application Types Found: 5
 Porcupine Mortgage Product Popularity Pie Chart

Age Demographics for Porcupine Mortgage Applicants

Average age: 36
Oldest age: 50
Youngest age: 22


Incomes for Porcupine Mortgage Applicants

The amounts shown below represent the average income of Canadians living in Porcupine who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Porcupine: $71,911.11
applicants within all of Canada: $59,498.47
Difference: $12,412.65
  
mortgage co-applicants in Porcupine: $41,250.00
co-applicants within all of Canada: $42,403.13
Difference: ($1,153.13)

Note: Commercial loan amounts were not included for this section, only residential loans amounts were used.

Residential Status for Porcupine Mortgages

The chart and pie-graph below depicts the residential status of people living in Porcupine who have applied for a loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 40.0%
No Comment: 10.0%
Porcupine Residential Status Pie Chart

Marital Stats for Porcupine Mortgages

The following table and pie chart represents the marital status of applicants from Porcupine, Ontario using the mortgage preapproval application located at the CanEquity web site. Approximately 90% of the mortgage applicants are living common-law or married, while only 10% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 60.0%
Common-law: 30.0%
Divorced: 10.0%
Porcupine Marital Status Pie Chart