Last report update for Seaforth: Friday, May 16, 2008
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Related Links:
Bayfield
Bright'S Grove
Camlachie
Crediton
Denfield
Forest
Parkhill
Point Edward
Port Franks
Thedford

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Seaforth Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Seaforth

Year Year to Year
Comparison
** National
Contribution
2008: * 16.67% * 0.00%
2007: 16.67% 0.00%
2005: 33.33% 0.01%
2004: 33.33% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 33.33% and 0.01% respectively. ** Total national contribution of Seaforth mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Ontario


Location Contribution
270:  WILLIAMSTOWN, ON 0.020%
271:  WEST LORNE, ON 0.020%
272:  COLBORNE, ON 0.020%
273:  PALMERSTON, ON 0.020%
274:  ERIN, ON 0.020%
275:  SEAFORTH, ON 0.020%
276:  SCHOMBERG, ON 0.020%
277:  ESPANOLA, ON 0.020%
278:  GLENCOE, ON 0.020%
279:  HASTINGS, ON 0.020%
280:  PORCUPINE, ON 0.020%

Nearest Settlements


1Camlachie, Ontario
2Thedford, Ontario
3Bayfield, Ontario
4Bright'S Grove, Ontario
5Crediton, Ontario
6Port Franks, Ontario
7Forest, Ontario
8Parkhill, Ontario
9Point Edward, Ontario
10Denfield, Ontario
11Exeter, Ontario
12Sarnia, Ontario
13Strathroy, Ontario
14Clinton, Ontario
15Mitchell, Ontario
16Wyoming, Ontario
17Ailsa Craig, Ontario
18Ilderton, Ontario
19Lucan, Ontario
20Delaware, Ontario
21Palmerston, Ontario
22Watford, Ontario
23Auburn, Ontario
24Goderich, Ontario
25Blyth, Ontario
26Komoka, Ontario
27Petrolia, Ontario
28Corunna, Ontario
29Mount Brydges, Ontario


Product Popularity for Seaforth


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 33.3%
Purchase: 16.7%
Refinance: 16.7%
Qualification: 16.7%
First-time Buyer: 16.7%
 
Total Application Types Found: 5
 Seaforth Mortgage Product Popularity Pie Chart

Age Demographics for Seaforth Applicants

Average age: 36
Oldest age: 47
Youngest age: 23


Incomes for Seaforth Applicants

The numbers below represent the average income of people living in Seaforth who have submitted a mortgage inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Seaforth: $78,000.00
applicants within all of Canada: $56,403.93
Difference: $21,596.07
  

Since the average income of Seaforth is much higher than the Canadian national average, we have included the MEDIAN annual gross income for this town. 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 Seaforth: $70,000.00
applicants within all of Canada: $56,403.93
Difference: $13,596.07

Note: Commercial Mortgages were not included for this report, only residential mortgage loans from Seaforth, Ontario were used.

Residential Status for Seaforth Mortgages

The table and pie chart below represents the residential status of people living in Seaforth who have submitted an inquiry using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 16.7%
Own: 50.0%
Live with parents: 33.3%
Seaforth Residential Status Pie Chart

Marital Statistics for Seaforth Mortgages

The following pie chart represents the marital status of applicants from Seaforth, Ontario using the mortgage preapproval application found on canequity.com. Over 66% of the mortgage applicants are living together with someone, while only 33% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Separated: 16.7%
Common-law: 16.7%
Single: 16.7%
Seaforth Marital Status Pie Chart