Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Ridgetown: Wednesday, February 8, 2012   
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Related Links:
Blenheim
Bothwell
Charing Cross
Chatham
Dresden
Dutton
Merlin
Oil Springs
Thamesville
Wallaceburg

Ridgetown Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Ridgetown

Year Year to Year
Comparison
** National
Contribution
2010: 15.39% 0.00%
2009: 7.69% 0.00%
2008: 15.39% 0.00%
2007: 15.39% 0.00%
2006: 7.69% 0.00%
2005: 15.39% 0.00%
2004: 7.69% 0.00%
2002: 15.39% 0.00%

Note: ** Total national contribution of Ridgetown mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Ontario


Location Contribution
217:  CONCORD, ON 0.025%
218:  SEELEYS BAY, ON 0.025%
219:  STIRLING, ON 0.025%
220:  CAMPBELLVILLE, ON 0.025%
221:  CASSELMAN, ON 0.025%
222:  RIDGETOWN, ON 0.025%
223:  BINBROOK, ON 0.025%
224:  KOMOKA, ON 0.025%
225:  TIVERTON, ON 0.025%
226:  COLBORNE, ON 0.025%
227:  IROQUOIS FALLS, ON 0.025%

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
14Comber, Ontario
15Rodney, Ontario
16Courtright, Ontario
17West Lorne, Ontario
18Dashwood, Ontario
19Muirkirk, Ontario
20Port Lambton, Ontario


Product Popularity for Ridgetown


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 30.8%
Qualification: 23.1%
Refinance: 15.4%
Purchase: 7.7%
Equity Mortgage: 7.7%
No Money Down: 7.7%
Variable Rate: 7.7%
 
Total Application Types Found: 7
 Ridgetown Mortgage Product Popularity Pie Chart

Age Demographics for Ridgetown Applicants

Average age: 42
Oldest age: 61
Youngest age: 29


Incomes for Ridgetown Applicants

The following depicts the average income of applicants living in Ridgetown who have applied for a home loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Ridgetown: $60,554.31
applicants within all of Canada: $59,498.47
Difference: $1,055.84
  
mortgage co-applicants in Ridgetown: $23,958.00
co-applicants within all of Canada: $42,403.13
Difference: ($18,445.13)

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

Residential Status for Ridgetown Originated Mortgages

The information below represents the residential status of people living in Ridgetown who have applied for a home loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 7.7%
Own: 76.9%
No Comment: 15.4%
Ridgetown Residential Status Pie Chart

Marital Status for Ridgetown Originated Mortgages

The following information represents the marital status of applicants from Ridgetown, Ontario using the mortgage application found at canequity.com. Over 61% of the mortgage applicants are living with someone, while only 38% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 61.5%
Single: 23.1%
Divorced: 7.7%
Separated: 7.7%
Ridgetown Marital Status Pie Chart