Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 25.00% | 0.00% |
| 2006: | 25.00% | 0.00% |
| 2004: | 50.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 522: | MIDHURST, ON | 0.008% |
| 523: | BAYSVILLE, ON | 0.008% |
| 524: | ASHBURN, ON | 0.008% |
| 525: | HEIDELBERG, ON | 0.008% |
| 526: | AVONMORE, ON | 0.008% |
| 527: | SYDENHAM, ON | 0.008% |
| 528: | OXFORD STATION, ON | 0.008% |
| 529: | ASHTON, ON | 0.008% |
| 530: | CLARENCE CREEK, ON | 0.008% |
| 531: | DUTTON, ON | 0.008% |
| 532: | GILFORD, ON | 0.008% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 75.0% | |
| Refinance: | 25.0% | |
| Total Application Types Found: 2 | ||
Average age: 41
Oldest age: 56
Youngest age: 34
The information below represents the average income of Canadians living in Sydenham who have applied for a loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sydenham: | $98,500.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $39,001.53 |
Since the average income of Sydenham is substantially higher than our 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 Sydenham: | $84,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $24,501.53 |
The pie chart below shows the residential status of people living in Sydenham who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Own: | 100.0% |
The following information represents the marital status of applicants from Sydenham, Ontario using the online mortgage application found on the CanEquity Mortgage web site. 75% of the mortgage applicants are living common-law or married, while only 25% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 75.0% | |
| Single: | 25.0% |
