Last report update for Ridgeway: Tuesday, May 6, 2008
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Ridgeway Mortgage
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Related Links:
Crystal Beach
Fonthill
Fort Erie
Lowbanks
Niagara Falls
Niagara On The Lake
Port Colborne
Stevensville
Thorold
Welland

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Ridgeway Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Ridgeway

Year Year to Year
Comparison
** National
Contribution
2007: 20.00% 0.01%
2006: 30.00% 0.01%
2005: 20.00% 0.01%
2004: 20.00% 0.01%
2003: 10.00% 0.00%

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

Current City Standing within Ontario


Location Contribution
164:  SUTTON WEST, ON 0.037%
165:  SHELBURNE, ON 0.037%
166:  MINDEN, ON 0.037%
167:  OMEMEE, ON 0.037%
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%

Nearest Settlements


1Fort Erie, Ontario
2Welland, Ontario
3Niagara On The Lake, Ontario
4Fonthill, Ontario
5Port Colborne, Ontario
6Stevensville, Ontario
7Crystal Beach, Ontario
8Thorold, Ontario
9Niagara Falls, Ontario
10Lowbanks, Ontario
11Fenwick, Ontario
12Wellandport, Ontario
13St Catharines, Ontario
14Caistor Centre, Ontario
15Vineland, Ontario
16Smithville, Ontario


Product Popularity for Ridgeway


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 40.0%
Qualification: 30.0%
Refinance: 20.0%
First-time Buyer: 10.0%
 
Total Application Types Found: 4
 Ridgeway Mortgage Product Popularity Pie Chart

Age Demographics for Ridgeway Applicants

Average age: 33
Oldest age: 48
Youngest age: 20


Incomes for Ridgeway Applicants

The amounts below are the average income of applicants living in Ridgeway who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Ridgeway: $45,000.00
applicants within all of Canada: $56,347.50
Difference: ($11,347.50)
  
mortgage co-applicants in Ridgeway: $28,200.00
co-applicants within all of Canada: $39,330.70
Difference: ($11,130.70)

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

Residential Status for Ridgeway Originated Mortgages

The information below represents the residential status of people living in Ridgeway who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.0%
Own: 50.0%
Live with parents: 10.0%
Ridgeway Residential Status Pie Chart

Marital Status for Ridgeway Originated Mortgages

The following table and pie chart represents the marital status of applicants from Ridgeway, Ontario using the mortgage preapproval application found at the CanEquity web site. In Ridgeway, approximately 100% of the mortgage applicants are either married or living common-law, while only 0% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 70.0%
Common-law: 30.0%
Ridgeway Marital Status Pie Chart