Last report update for Ridgetown: Friday, May 16, 2008
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Related Links:
Blenheim
Bothwell
Charing Cross
Chatham
Dresden
Dutton
Merlin
Oil Springs
Thamesville
Wallaceburg

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Ridgetown Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Ridgetown

Year Year to Year
Comparison
** National
Contribution
2008: * 20.00% * 0.01%
2007: 20.00% 0.01%
2006: 10.00% 0.00%
2005: 20.00% 0.01%
2004: 10.00% 0.00%
2002: 20.00% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 40.00% and 0.01% respectively. ** Total national contribution of Ridgetown mortgages in the past is currently 0.03% with a projected target of 0.04%.

Current City Standing within Ontario


Location Contribution
167:  OMEMEE, ON 0.036%
168:  TILBURY, ON 0.033%
169:  RIDGEWAY, ON 0.033%
170:  CASSELMAN, ON 0.033%
171:  MOUNT ALBERT, ON 0.033%
172:  RIDGETOWN, ON 0.033%
173:  BEETON, ON 0.033%
174:  ARTHUR, ON 0.033%
175:  LAKEFIELD, ON 0.033%
176:  ESSEX, ON 0.033%
177:  PALGRAVE, ON 0.033%

Nearest Settlements


1Bothwell, Ontario
2Chatham, Ontario
3Blenheim, Ontario
4Charing Cross, Ontario
5Thamesville, Ontario
6Wallaceburg, Ontario
7Dresden, Ontario
8Merlin, Ontario
9Oil Springs, Ontario
10Dutton, Ontario
11Tilbury, Ontario
12Algonac, Ontario
13Glencoe, Ontario
14Courtright, Ontario
15West Lorne, Ontario
16Dashwood, Ontario
17Muirkirk, Ontario
18Port Lambton, Ontario


Product Popularity for Ridgetown


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 40.0%
Qualification: 20.0%
Purchase: 10.0%
Equity Mortgage: 10.0%
No Money Down: 10.0%
Variable Rate: 10.0%
 
Total Application Types Found: 6
 Ridgetown Mortgage Product Popularity Pie Chart

Age Demographics for Ridgetown Applicants

Average age: 43
Oldest age: 61
Youngest age: 29


Incomes for Ridgetown Applicants

The amounts shown below represent the average income of Canadians living in Ridgetown who have submitted a mortgage inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Ridgetown: $57,420.60
applicants within all of Canada: $56,403.93
Difference: $1,016.67
  

Note: Commercial Mortgage loans were not included for this section, only residential mortgages from Ridgetown, Ontario were used.

Residential Status for Ridgetown Based Mortgages

The chart and pie-graph below depicts the residential status of people living in Ridgetown who have submitted an inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 10.0%
Own: 70.0%
No Comment: 20.0%
Ridgetown Residential Status Pie Chart

Marital Status for Ridgetown Based Mortgages

The following table and pie chart represents the marital status of applicants from Ridgetown, Ontario using the online mortgage application found at the CanEquity web site. In Ridgetown, approximately 50% of the mortgage applicants are living common-law or married, while only 50% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Single: 30.0%
Divorced: 10.0%
Separated: 10.0%
Ridgetown Marital Status Pie Chart