Last report update for Ridgeway: Sunday, March 21, 2010
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Welland


Ridgeway Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Ridgeway

Year Year to Year
Comparison
** National
Contribution
2009: 23.08% 0.01%
2007: 15.39% 0.01%
2006: 23.08% 0.01%
2005: 15.39% 0.01%
2004: 15.39% 0.01%
2003: 7.69% 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
174:  FONTHILL, ON 0.033%
175:  GREELY, ON 0.033%
176:  DURHAM, ON 0.033%
177:  AYR, ON 0.030%
178:  MITCHELL, ON 0.030%
179:  RIDGEWAY, ON 0.030%
180:  WATERFORD, ON 0.030%
181:  WALKERTON, ON 0.030%
182:  WAWA, ON 0.030%
183:  ELMVALE, ON 0.030%
184:  MOUNT FOREST, ON 0.030%

Nearest Settlements


1Fort Erie, Ontario
2Welland, Ontario
3Port Colborne, Ontario
4Stevensville, Ontario
5Niagara On The Lake, Ontario
6Fonthill, Ontario
7Crystal Beach, Ontario
8Thorold, Ontario
9Niagara Falls, Ontario
10Ridgeville, Ontario
11Fenwick, Ontario
12Wellandport, Ontario
13Lowbanks, Ontario
14St Catharines, Ontario
15Caistor Centre, Ontario
16Vineland, Ontario
17St Anns, Ontario
18Smithville, Ontario


Product Popularity for Ridgeway


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 38.5%
Refinance: 23.1%
Qualification: 23.1%
Renewal: 7.7%
First-time Buyer: 7.7%
 
Total Application Types Found: 5
 Ridgeway Mortgage Product Popularity Pie Chart

Age Demographics for Ridgeway Applicants

Average age: 35
Oldest age: 48
Youngest age: 20


Incomes for Ridgeway Applicants

The figures below represent the average income of applicants living in Ridgeway who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Ridgeway: $44,393.85
applicants within all of Canada: $58,592.40
Difference: ($14,198.56)
  
mortgage co-applicants in Ridgeway: $26,087.33
co-applicants within all of Canada: $41,278.89
Difference: ($15,191.56)

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

Residential Status for Ridgeway Originated Mortgages

The pie chart below shows the residential status of people living in Ridgeway who have submitted a mortgage inquiry using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 38.5%
Own: 53.8%
Live with parents: 7.7%
Ridgeway Residential Status Pie Chart

Marital Status for Ridgeway Originated Mortgages

The pie chart below represents the marital status of applicants from Ridgeway, Ontario using the online mortgage application found at canequity.com. In Ridgeway, over 84% of the mortgage applicants are living with someone, while only 15% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 61.5%
Common-law: 23.1%
Single: 15.4%
Ridgeway Marital Status Pie Chart