Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Wellesley: Wednesday, February 1, 2012   
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Wellesley Mortgages

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Yearly Volume Comparison for Online Applications from Wellesley

Year Year to Year
Comparison
** National
Contribution
2011: 16.67% 0.00%
2009: 16.67% 0.00%
2008: 16.67% 0.00%
2005: 33.33% 0.00%
2004: 16.67% 0.00%

Note: ** Total national contribution of Wellesley mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Ontario


Location Contribution
377:  HEPWORTH, ON 0.011%
378:  GORMLEY, ON 0.011%
379:  LYNDEN, ON 0.011%
380:  MANITOUWADGE, ON 0.011%
381:  MILDMAY, ON 0.011%
382:  WELLESLEY, ON 0.011%
383:  MAYNOOTH, ON 0.011%
384:  PORT SEVERN, ON 0.011%
385:  INGLESIDE, ON 0.011%
386:  TOBERMORY, ON 0.011%
387:  PRINCETON, ON 0.011%

Nearest Settlements


1Elmira, Ontario
2Waterloo, Ontario
3Millbank, Ontario
4New Dundee, Ontario
5Kitchener, Ontario
6Fergus, Ontario
7Guelph, Ontario
8Salem, Ontario
9Ayr, Ontario
10Milverton, Ontario
11Moorefield, Ontario
12Centre Wellington, Ontario
13Shakespeare, Ontario
14Palmerston, Ontario
15Stratford, Ontario
16Erin, Ontario
17Drayton, Ontario
18Listowel, Ontario
19Baden, Ontario
20Hillsburgh, Ontario
21Mildmay, Ontario
22Mitchell, Ontario
23Milton, Ontario
24Tavistock, Ontario
25Mount Forest, Ontario
26Princeton, Ontario
27Troy, Ontario
28Harriston, Ontario
29Elora, Ontario
30Acton, Ontario
31Cambridge, Ontario
32New Hamburg, Ontario
33Halton Hills, Ontario
34Alton, Ontario
35Bright, Ontario
36Palgrave, Ontario
37Fordwich, Ontario
38Granton, Ontario
39Innerkip, Ontario
40Bolton, Ontario
41Hornby, Ontario
42Burford, Ontario
43Neustadt, Ontario
44St George Brant, Ontario
45Concord, Ontario
46Exeter, Ontario
47Arthur, Ontario
48Carlisle, Ontario
49Clifford, Ontario
50Paris, Ontario
51Puslinch, Ontario
52Campbellville, Ontario
53Cheltenham, Ontario
54Georgetown, Ontario
55Orangeville, Ontario
56Lucan, Ontario
57St George, Ontario
58Denfield, Ontario
59Millgrove, Ontario
60St Marys, Ontario
61Brampton, Ontario
62Brantford, Ontario
63Rockwood, Ontario
64Terra Cotta, Ontario
65Schomberg, Ontario


Product Popularity for Wellesley


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 33.3%
Renewal: 16.7%
Purchase: 16.7%
Qualification: 16.7%
First-time Buyer: 16.7%
 
Total Application Types Found: 5
 Wellesley Mortgage Product Popularity Pie Chart

Age Demographics for Wellesley Based Mortgages

Average age: 45
Oldest age: 64
Youngest age: 25


Incomes for Wellesley Based Mortgages

The figures below represent the average income of applicants living in Wellesley who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Wellesley: $49,916.67
applicants within all of Canada: $59,498.47
Difference: ($9,581.80)
  

Note: Commercial loan amounts were not included for this report, only home loans were used.

Residential Status for Wellesley Mortgage Applicants

The following table represents the residential status of people living in Wellesley who have applied for a mortgage using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 16.7%
Own: 66.7%
Live with parents: 16.7%
Wellesley Residential Status Pie Chart

Marital Stats for Wellesley Mortgage Applicants

The information below shows the marital status of applicants from Wellesley, Ontario using the mortgage preapproval application found on the CanEquity Mortgage web site. In Wellesley, over 50% of the mortgage applicants are either married or living common-law, while only 33% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Single: 33.3%
Widowed: 16.7%
Wellesley Marital Status Pie Chart