Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for South Porcupine: Wednesday, February 8, 2012   
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Porcupine

South Porcupine Mortgages

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Yearly Volume Comparison for Online Mortgages from South Porcupine

Year Year to Year
Comparison
** National
Contribution
2011: 6.67% 0.00%
2010: 26.67% 0.01%
2009: 6.67% 0.00%
2007: 13.33% 0.00%
2006: 13.33% 0.00%
2004: 20.00% 0.01%
2003: 6.67% 0.00%
2002: 6.67% 0.00%

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

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia: 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario 48.07%
Prince Edward Island: 0.53%
Quebec: 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
South Porcupine Mortgages

Current City Standing within Ontario


Location Contribution
188:  ROCKWOOD, ON 0.030%
189:  MITCHELL, ON 0.028%
190:  EMBRUN, ON 0.028%
191:  PORT MCNICOLL, ON 0.028%
192:  HALIBURTON, ON 0.028%
193:  SOUTH PORCUPINE, ON 0.028%
194:  DRYDEN, ON 0.028%
195:  ARTHUR, ON 0.028%
196:  MEAFORD, ON 0.028%
197:  ST GEORGE BRANT, ON 0.028%
198:  FONTHILL, ON 0.028%

Nearest Settlements


1Porcupine, Ontario
2Kapuskasing, Ontario


Product Popularity for South Porcupine


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 40.0%
No Money Down: 26.7%
Purchase: 13.3%
Qualification: 13.3%
Renewal: 6.7%
 
Total Application Types Found: 5
 South Porcupine Mortgage Product Popularity Pie Chart

Age Demographics for South Porcupine Mortgages

Average age: 32
Oldest age: 44
Youngest age: 21


Incomes for South Porcupine Mortgages

The following figures show the average income of people living in South Porcupine who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in South Porcupine: $41,699.71
applicants within all of Canada: $59,498.47
Difference: ($17,798.75)
  
mortgage co-applicants in South Porcupine: $29,500.00
co-applicants within all of Canada: $42,403.13
Difference: ($12,903.13)

Note: Commercial Mortgages were not included for this report, only residential mortgage loan amounts from South Porcupine, Ontario were used.

Residential Status for South Porcupine Mortgages

The following depicts the residential status of people living in South Porcupine who have submitted a mortgage inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 73.3%
Own: 13.3%
No Comment: 6.7%
Live with parents: 6.7%
South Porcupine Residential Status Pie Chart

Marital Status for South Porcupine Mortgages

The following information represents the marital status of applicants from South Porcupine, Ontario using the mortgage application found at the CanEquity web site. In South Porcupine, approximately 66% of the mortgage applicants are living common-law or married, while only 26% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 33.3%
Married: 33.3%
Single: 13.3%
Divorced: 6.7%
Widowed: 6.7%
Separated: 6.7%
South Porcupine Marital Status Pie Chart