Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2007: | 33.33% | 0.00% |
| 2005: | 16.67% | 0.00% |
| 2004: | 33.33% | 0.00% |
| 2003: | 16.67% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 359: | NEW LOWELL, ON | 0.013% |
| 360: | WOODVILLE, ON | 0.013% |
| 361: | PALMERSTON, ON | 0.013% |
| 362: | BETHANY, ON | 0.013% |
| 363: | FINCH, ON | 0.013% |
| 364: | SHARON, ON | 0.011% |
| 365: | TROY, ON | 0.011% |
| 366: | COE HILL, ON | 0.011% |
| 367: | UTTERSON, ON | 0.011% |
| 368: | BRIGHT, ON | 0.011% |
| 369: | FLESHERTON, ON | 0.011% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 33.3% | |
| Qualification: | 33.3% | |
| Renewal: | 16.7% | |
| First-time Buyer: | 16.7% | |
| Total Application Types Found: 4 | ||
Average age: 42
Oldest age: 53
Youngest age: 32
The figures below represent the average income of applicants living in Sharon who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sharon: | $112,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $52,501.53 |
Since the average income of Sharon is much higher than our 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 Sharon: | $100,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $40,501.53 |
The chart and pie-graph below depicts the residential status of people living in Sharon who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 16.7% | |
| Own: | 83.3% |
The following table and pie chart represents the marital status of applicants from Sharon, Ontario using the preapproval application found on the CanEquity Mortgage web site. In Sharon, over 66% of the mortgage applicants are either married or living common-law, while only 33% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 66.7% | |
| Separated: | 16.7% | |
| Single: | 16.7% |
