Abbotsford Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| 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% |
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%.
| Rank | Month | 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% |
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% |
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% |
| 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% |
| 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% |
| 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 | ||
Average age: 37
Oldest age: 64
Youngest age: 20
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) |
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% |
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% |
