Last report update for Prescott: Tuesday, May 6, 2008
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Related Links:
Athens
Brockville
Cardinal
Elgin
Gananoque
Kingston
Mallorytown
North Augusta
Seeleys Bay
Spencerville

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Prescott Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Prescott

Year Year to Year
Comparison
** National
Contribution
2008: * 26.67% * 0.01%
2007: 26.67% 0.01%
2005: 20.00% 0.01%
2004: 6.67% 0.00%
2003: 13.33% 0.01%
2002: 6.67% 0.00%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 66.67% and 0.03% respectively. ** Total national contribution of Prescott mortgages in the past is currently 0.05% with a projected target of 0.07%.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia: 11.49%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.12%
Nova Scotia: 2.77%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario 48.62%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.60%
Yukon Territories: 0.21%
Prescott Mortgages

Current City Standing within Ontario


Location Contribution
126:  HANOVER, ON 0.050%
127:  KAPUSKASING, ON 0.050%
128:  VAUGHAN, ON 0.050%
129:  ARNPRIOR, ON 0.050%
130:  UNIONVILLE, ON 0.050%
131:  PRESCOTT, ON 0.050%
132:  PICTON, ON 0.047%
133:  ELMIRA, ON 0.047%
134:  ELLIOT LAKE, ON 0.047%
135:  NEWCASTLE, ON 0.047%
136:  ANGUS, ON 0.043%

Nearest Settlements


1Brockville, Ontario
2Cardinal, Ontario
3North Augusta, Ontario
4Seeleys Bay, Ontario
5Athens, Ontario
6Mallorytown, Ontario
7Spencerville, Ontario
8Gananoque, Ontario
9Kingston, Ontario
10Elgin, Ontario
11Ingleside, Ontario
12Morrisburg, Ontario
13Iroquois, Ontario
14Kenmore, Ontario
15Lunenburg, Ontario
16Crysler, Ontario
17Cornwall, Ontario
18Matcalfe, Ontario
19Chesterville, Ontario
20Embrun, Ontario
21Summerstown, Ontario
22Mountain, Ontario
23Godfrey, Ontario
24St Albert, Ontario


Product Popularity for Prescott


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 33.3%
Refinance: 26.7%
No Money Down: 13.3%
Renewal: 6.7%
Purchase: 6.7%
Low Doc: 6.7%
Investment: 6.7%
 
Total Application Types Found: 7
 Prescott Mortgage Product Popularity Pie Chart

Age Demographics for Prescott Mortgage Applicants

Average age: 34
Oldest age: 51
Youngest age: 21


Incomes for Prescott Mortgage Applicants

The following figures show the average income of people living in Prescott who have applied for a mortgage loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Prescott: $38,478.40
applicants within all of Canada: $56,347.50
Difference: ($17,869.10)
  
mortgage co-applicants in Prescott: $17,326.67
co-applicants within all of Canada: $39,330.70
Difference: ($22,004.04)

Note: Commercial loans were not included for this survey, only residential loans were used.

Residential Status for Prescott Originated Mortgages

The information shown below represents the residential status of people living in Prescott who have submitted an inquiry using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.0%
Own: 46.7%
No Comment: 6.7%
Live with parents: 6.7%
Prescott Residential Status Pie Chart

Marital Statistics for Prescott Originated Mortgages

The following information represents the marital status of applicants from Prescott, Ontario using the mortgage application located at the CanEquity web site. Approximately 93% of the mortgage applicants are living together with someone, while only 6% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 73.3%
Common-law: 20.0%
Separated: 6.7%
Prescott Marital Status Pie Chart