Last report update for Watford: Wednesday, March 17, 2010
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Watford Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Watford

Year Year to Year
Comparison
** National
Contribution
2009: 20.00% 0.01%
2008: 10.00% 0.00%
2007: 10.00% 0.00%
2006: 20.00% 0.01%
2005: 10.00% 0.00%
2004: 30.00% 0.01%

Note: ** Total national contribution of Watford mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Ontario


Location Contribution
223:  PORT MCNICOLL, ON 0.023%
224:  COBALT, ON 0.023%
225:  PETROLIA, ON 0.023%
226:  PARKHILL, ON 0.023%
227:  DRYDEN, ON 0.023%
228:  WATFORD, ON 0.023%
229:  PALGRAVE, ON 0.023%
230:  WESTPORT, ON 0.023%
231:  COLBORNE, ON 0.023%
232:  ERIN, ON 0.023%
233:  SCHOMBERG, ON 0.023%

Nearest Settlements


1Melbourne, Ontario
2Wyoming, Ontario
3Strathroy, Ontario
4Komoka, Ontario
5Sebringville, Ontario
6Glencoe, Ontario
7Rodney, Ontario
8Ailsa Craig, Ontario
9Petrolia, Ontario
10Ilderton, Ontario
11Mount Brydges, Ontario
12Granton, Ontario
13Parkhill, Ontario
14Sarnia, Ontario
15Lucan, Ontario
16Oil Springs, Ontario
17Delaware, Ontario
18Point Edward, Ontario
19Bright'S Grove, Ontario
20Crediton, Ontario
21Denfield, Ontario
22Forest, Ontario
23Thamesford, Ontario
24St Thomas, Ontario
25Dresden, Ontario
26Courtright, Ontario
27West Lorne, Ontario
28Grand Bend, Ontario
29Exeter, Ontario
30Dorchester, Ontario
31Belmont, Ontario
32Camlachie, Ontario
33Thamesville, Ontario
34Dutton, Ontario
35St Marys, Ontario
36Dashwood, Ontario
37London, Ontario
38Corunna, Ontario
39Port Stanley, Ontario
40Springfield, Ontario
41Salem, Ontario
42Mitchell, Ontario
43Port Burwell, Ontario
44Vienna, Ontario
45Thedford, Ontario
46Tavistock, Ontario
47Centre Wellington, Ontario
48Shakespeare, Ontario
49Bothwell, Ontario
50Ingersoll, Ontario
51New Hamburg, Ontario
52Wallaceburg, Ontario
53Stratford, Ontario
54Seaforth, Ontario
55Muirkirk, Ontario


Product Popularity for Watford


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 60.0%
First-time Buyer: 20.0%
No Money Down: 10.0%
Pre-approval: 10.0%
 
Total Application Types Found: 4
 Watford Mortgage Product Popularity Pie Chart

Age Demographics for Watford Applicants

Average age: 36
Oldest age: 47
Youngest age: 20


Incomes for Watford Applicants

The figures below represent the average income of people living in Watford who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Watford: $26,114.29
applicants within all of Canada: $58,582.39
Difference: ($32,468.10)
  
mortgage co-applicants in Watford: $21,583.33
co-applicants within all of Canada: $41,225.82
Difference: ($19,642.49)

Note: Commercial loan amounts were not included for this survey, only residential loans from Watford, Ontario were used.

Residential Status for Watford Mortgage Applicants

The following table represents the residential status of people living in Watford who have applied for a loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.0%
Own: 60.0%
Watford Residential Status Pie Chart

Marital Status for Watford Mortgage Applicants

The information below shows the marital status of applicants from Watford, Ontario using the mortgage preapproval application found at the CanEquity web site. In Watford, approximately 70% of the mortgage applicants are living common-law or married, while only 30% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Common-law: 20.0%
Single: 20.0%
Separated: 10.0%
Watford Marital Status Pie Chart