Rockwood Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 25.00% | * 0.01% |
| 2007: | 12.50% | 0.00% |
| 2006: | 25.00% | 0.01% |
| 2005: | 12.50% | 0.00% |
| 2003: | 12.50% | 0.00% |
| 2002: | 12.50% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 218: | TIVERTON, ON | 0.026% |
| 219: | GREELY, ON | 0.026% |
| 220: | CLINTON, ON | 0.026% |
| 221: | BATH, ON | 0.026% |
| 222: | SELKIRK, ON | 0.026% |
| 223: | ROCKWOOD, ON | 0.026% |
| 224: | LIVELY, ON | 0.026% |
| 225: | DUNDALK, ON | 0.026% |
| 226: | ORONO, ON | 0.023% |
| 227: | PORT STANLEY, ON | 0.023% |
| 228: | TAVISTOCK, ON | 0.023% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.0% | |
| No Money Down: | 25.0% | |
| First-time Buyer: | 25.0% | |
| Purchase: | 12.5% | |
| Qualification: | 12.5% | |
| Total Application Types Found: 5 | ||
Average age: 43
Oldest age: 58
Youngest age: 25
The numbers below represent the average income of Canadians living in Rockwood who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Rockwood: | $112,400.00 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | $55,860.06 |
Since the average income of Rockwood is substantially higher than the Canadian national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Rockwood: | $60,000.00 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | $3,460.06 |
The pie chart below shows the residential status of people living in Rockwood who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 62.5% | |
| Own: | 25.0% | |
| No Comment: | 12.5% |
The following pie chart represents the marital status of applicants from Rockwood, Ontario using the preapproval application found at canequity.com. In Rockwood, over 37% of the mortgage applicants are living common-law or married, while only 62% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 37.5% | |
| Married: | 37.5% | |
| Divorced: | 25.0% |
