Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 20.00% | 0.00% |
| 2010: | 20.00% | 0.00% |
| 2005: | 40.00% | 0.00% |
| 2004: | 20.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 415: | SPRINGFIELD, ON | 0.009% |
| 416: | SHARBOT LAKE, ON | 0.009% |
| 417: | PORT FRANKS, ON | 0.009% |
| 418: | KINMOUNT, ON | 0.009% |
| 419: | CLAREMONT, ON | 0.009% |
| 420: | WILLOW BEACH, ON | 0.009% |
| 421: | PORT ROWAN, ON | 0.009% |
| 422: | VIENNA, ON | 0.009% |
| 423: | MASSEY, ON | 0.009% |
| 424: | EGANVILLE, ON | 0.009% |
| 425: | CRYSLER, ON | 0.009% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 20.0% | |
| Purchase: | 20.0% | |
| Qualification: | 20.0% | |
| No Money Down: | 20.0% | |
| Pre-approval: | 20.0% | |
| Total Application Types Found: 5 | ||
Average age: 41
Oldest age: 66
Youngest age: 30
The following depicts the average income of Canadians living in Willow Beach who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Willow Beach: | $156,250.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $96,751.53 |
Since the average income of Willow Beach is much higher than our Canadian national average, we have included the MEDIAN annual gross income for this town. 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 Willow Beach: | $78,500.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $19,001.53 |
The information shown below represents the residential status of people living in Willow Beach who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.0% | |
| Own: | 60.0% |
The following pie chart represents the marital status of applicants from Willow Beach, Ontario using the mortgage preapproval application found on the CanEquity Mortgage web site. In Willow Beach, approximately 80% of the mortgage applicants are either married or living common-law, while only 20% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.0% | |
| Common-law: | 20.0% | |
| Single: | 20.0% |
