Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 7.14% | 0.00% |
| 2009: | 21.43% | 0.01% |
| 2007: | 14.29% | 0.00% |
| 2006: | 21.43% | 0.01% |
| 2005: | 14.29% | 0.00% |
| 2004: | 14.29% | 0.00% |
| 2003: | 7.14% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 197: | ST GEORGE BRANT, ON | 0.028% |
| 198: | FONTHILL, ON | 0.028% |
| 199: | WIARTON, ON | 0.028% |
| 200: | SUTTON WEST, ON | 0.028% |
| 201: | AYR, ON | 0.026% |
| 202: | RIDGEWAY, ON | 0.026% |
| 203: | STAYNER, ON | 0.026% |
| 204: | NEW HAMBURG, ON | 0.026% |
| 205: | MARATHON, ON | 0.026% |
| 206: | PETROLIA, ON | 0.026% |
| 207: | ATHENS, ON | 0.026% |
| 1 | Fort Erie, Ontario |
| 2 | Welland, Ontario |
| 3 | Port Colborne, Ontario |
| 4 | Stevensville, Ontario |
| 5 | Niagara On The Lake, Ontario |
| 6 | Fonthill, Ontario |
| 7 | Crystal Beach, Ontario |
| 8 | Thorold, Ontario |
| 9 | Niagara Falls, Ontario |
| 10 | Ridgeville, Ontario |
| 11 | Fenwick, Ontario |
| 12 | Wellandport, Ontario |
| 13 | Lowbanks, Ontario |
| 14 | St Catharines, Ontario |
| 15 | Caistor Centre, Ontario |
| 16 | Vineland, Ontario |
| 17 | St Anns, Ontario |
| 18 | Smithville, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 35.7% | |
| Qualification: | 28.6% | |
| Refinance: | 21.4% | |
| Renewal: | 7.1% | |
| First-time Buyer: | 7.1% | |
| Total Application Types Found: 5 | ||
Average age: 35
Oldest age: 48
Youngest age: 20
The information below represents the average income of Canadians living in Ridgeway who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ridgeway: | $44,151.43 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($15,347.04) |
| mortgage co-applicants in Ridgeway: | $26,087.33 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($16,315.80) |
The following table represents the residential status of people living in Ridgeway who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.7% | |
| Own: | 57.1% | |
| Live with parents: | 7.1% |
The pie chart below represents the marital status of applicants from Ridgeway, Ontario using the online mortgage application located at canequity.com. Over 78% of the mortgage applicants are living together with someone, while only 21% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.1% | |
| Common-law: | 21.4% | |
| Single: | 21.4% |
