Last report update for Abbotsford: Sunday, March 21, 2010
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Abbotsford Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Abbotsford

Year Year to Year
Comparison
** National
Contribution
2009: 12.40% 0.04%
2008: 9.30% 0.03%
2007: 19.38% 0.06%
2006: 17.83% 0.05%
2005: 10.08% 0.03%
2004: 10.85% 0.03%
2003: 11.63% 0.04%
2002: 8.53% 0.03%

Note: ** Total national contribution of Abbotsford mortgages in the past is currently 0.30% with a projected target of 0.30%.

Busy Months for Mortgage Inquiries within Abbotsford

The following displays the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Abbotsford happen to occur during our first quarter (represented by the brown bars) with 27.13% while our slowest is the fourth quarter (represented by the red bars) with 20.16%.

RankMonth Percentage
of Inquiries
1: January: 11.6%
2: April: 10.1%
3: August: 10.1%
4: September: 10.1%
5: February: 9.3%
6: June: 8.5%
7: May: 7.8%
8: October: 7.8%
9: December: 7.0%
10: July: 6.2%
11: March: 6.2%
12: November: 5.4%
Busy Months Report for Abbotsford Mortgages

Busy Days for Online Mortgages within Abbotsford

The bar graph listed below compares the busy days for Internet applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Abbotsford the busiest day of the week, with 19.38% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 10.08% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 19.4%
2: Friday: 17.8%
3: Monday: 16.3%
4: Thursday: 13.2%
5: Wednesday: 11.6%
6: Sunday: 11.6%
7: Saturday: 10.1%
Busy Days Report for Abbotsford Mortgages

Peak Hours for Mortgage Applicants within Abbotsford

In Abbotsford, applications are received 24 hours a day on the CanEquity web site. The statistics shown below indicates the rush hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 7.8%
01:00 to 01:59: 1.6%
03:00 to 03:59: 2.3%
04:00 to 04:59: 0.8%
06:00 to 06:59: 1.6%
08:00 to 08:59: 0.8%
09:00 to 09:59: 3.1%
10:00 to 10:59: 3.1%
11:00 to 11:59: 6.2%
12:00 to 12:59: 4.7%
13:00 to 13:59: 4.7%
14:00 to 14:59: 8.5%
15:00 to 15:59: 6.2%
16:00 to 16:59: 5.4%
17:00 to 17:59: 5.4%
18:00 to 18:59: 4.7%
19:00 to 19:59: 2.3%
20:00 to 20:59: 7.8%
21:00 to 21:59: 13.2%
22:00 to 22:59: 6.2%
23:00 to 23:59: 3.9%
Peak Hours Graph for Mortgages in Abbotsford

Note: Only hours that have had mortgages from Abbotsford, British Columbia are shown.

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.11%
British Columbia 10.86%
Manitoba: 2.09%
New Brunswick: 2.11%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.15%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
Abbotsford Mortgages

Current City Standing within British Columbia


Location Contribution
001:  VANCOUVER, BC 1.061%
002:  SURREY, BC 0.761%
003:  VICTORIA, BC 0.728%
004:  BURNABY, BC 0.358%
005:  KELOWNA, BC 0.333%
006:  ABBOTSFORD, BC 0.302%
007:  CHILLIWACK, BC 0.274%
008:  PRINCE GEORGE, BC 0.272%
009:  RICHMOND, BC 0.269%
010:  KAMLOOPS, BC 0.265%
011:  NORTH VANCOUVER, BC 0.258%

Nearest Settlements


1Clearbrook, British Columbia
2Sardis, British Columbia
3Aldergrove, British Columbia
4Chilliwack, British Columbia
5Fort Langley, British Columbia
6Deroche, British Columbia
7Langley, British Columbia
8White Rock, British Columbia
9Rosedale, British Columbia
10Agassiz, British Columbia
11Surrey, British Columbia
12Maple Ridge, British Columbia
13Mission, British Columbia
14Haney, British Columbia
15Port Coquitlam, British Columbia
16New Westminster, British Columbia
17Hope, British Columbia
18Pitt Meadows, British Columbia
19Burnaby, British Columbia
20Richmond, British Columbia
21Port Moody, British Columbia
22Coquitlam, British Columbia


Product Popularity for Abbotsford


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 32.6%
No Money Down: 15.5%
Refinance: 14.0%
First-time Buyer: 12.4%
Purchase: 8.5%
Renewal: 7.8%
Pre-approval: 5.4%
Equity Mortgage: 3.9%
 
Total Application Types Found: 8
 Abbotsford Mortgage Product Popularity Pie Chart

Age Demographics for Abbotsford Originated Mortgages

Average age: 37
Oldest age: 64
Youngest age: 20


Incomes for Abbotsford Originated Mortgages

The amounts below are the average income of Canadians living in Abbotsford who have submitted an inquiry using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Abbotsford: $53,738.52
applicants within all of Canada: $58,592.40
Difference: ($4,853.89)
  
mortgage co-applicants in Abbotsford: $35,993.07
co-applicants within all of Canada: $41,278.89
Difference: ($5,285.82)

Note: Commercial Mortgage loans were not included for this report, only residential loans amounts were used.

Residential Status for Abbotsford Mortgage Applicants

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 45.7%
Own: 42.6%
Other: 3.9%
No Comment: 3.9%
Live with parents: 3.9%
Abbotsford Residential Status Pie Chart

Marital Stats for Abbotsford Mortgage Applicants

The following information represents the marital status of applicants from Abbotsford, British Columbia using the mortgage application found on the CanEquity Mortgage web site. In Abbotsford, 62% of the mortgage applicants are living with someone, while only 37% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 52.7%
Single: 29.5%
Common-law: 9.3%
Divorced: 6.2%
Separated: 2.3%
Abbotsford Marital Status Pie Chart