Abbotsford Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 6.48% | * 0.02% |
| 2007: | 23.15% | 0.08% |
| 2006: | 21.30% | 0.08% |
| 2005: | 12.04% | 0.04% |
| 2004: | 12.96% | 0.05% |
| 2003: | 13.89% | 0.05% |
| 2002: | 10.19% | 0.04% |
This graph represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Abbotsford seem to occur during our first quarter (represented by the brown bars) with 30.56% while our slowest is the fourth quarter (represented by the red bars) with 20.37%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 13.0% | |
| 2: | September: | 12.0% | |
| 3: | February: | 11.1% | |
| 4: | August: | 10.2% | |
| 5: | June: | 9.3% | |
| 6: | December: | 8.3% | |
| 7: | April: | 6.5% | |
| 8: | March: | 6.5% | |
| 9: | October: | 6.5% | |
| 10: | November: | 5.6% | |
| 11: | May: | 5.6% | |
| 12: | July: | 5.6% |
The bar graph below compares the busy days for Internet applications that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Abbotsford the most busy day of the week, with 19.44% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 8.33% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.4% | |
| 2: | Friday: | 17.6% | |
| 3: | Monday: | 16.7% | |
| 4: | Wednesday: | 13.0% | |
| 5: | Thursday: | 13.0% | |
| 6: | Sunday: | 12.0% | |
| 7: | Saturday: | 8.3% |
Mortgage inquiries are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 15.7% of all mortgages are received during the morning, while 72.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 8.3% |
| 01:00 to 01:59: | 1.9% |
| 03:00 to 03:59: | 1.9% |
| 04:00 to 04:59: | 0.9% |
| 06:00 to 06:59: | 1.9% |
| 09:00 to 09:59: | 3.7% |
| 10:00 to 10:59: | 1.9% |
| 11:00 to 11:59: | 7.4% |
| 12:00 to 12:59: | 5.6% |
| 13:00 to 13:59: | 4.6% |
| 14:00 to 14:59: | 8.3% |
| 15:00 to 15:59: | 5.6% |
| 16:00 to 16:59: | 4.6% |
| 17:00 to 17:59: | 4.6% |
| 18:00 to 18:59: | 5.6% |
| 19:00 to 19:59: | 1.9% |
| 20:00 to 20:59: | 8.3% |
| 21:00 to 21:59: | 13.0% |
| 22:00 to 22:59: | 6.5% |
| 23:00 to 23:59: | 3.7% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.48% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.35% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 001: | VANCOUVER, BC | 1.092% |
| 002: | SURREY, BC | 0.821% |
| 003: | VICTORIA, BC | 0.748% |
| 004: | KELOWNA, BC | 0.387% |
| 005: | ABBOTSFORD, BC | 0.357% |
| 006: | BURNABY, BC | 0.344% |
| 007: | RICHMOND, BC | 0.305% |
| 008: | KAMLOOPS, BC | 0.291% |
| 009: | CHILLIWACK, BC | 0.288% |
| 010: | COQUITLAM, BC | 0.281% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 36.1% | |
| Refinance: | 14.8% | |
| First-time Buyer: | 13.9% | |
| No Money Down: | 13.0% | |
| Purchase: | 7.4% | |
| Renewal: | 6.5% | |
| Pre-approval: | 5.6% | |
| Equity Mortgage: | 2.8% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 64
Youngest age: 20
The figures below represent the average income of Canadians living in Abbotsford who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Abbotsford: | $52,561.19 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | ($3,823.10) |
| mortgage co-applicants in Abbotsford: | $37,757.60 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | ($1,617.93) |
The pie chart below shows the residential status of people living in Abbotsford who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 48.1% | |
| Own: | 39.8% | |
| Other: | 3.7% | |
| No Comment: | 4.6% | |
| Live with parents: | 3.7% |
The following pie chart represents the marital status of applicants from Abbotsford, British Columbia using the online mortgage application found at the CanEquity web site. Over 61% of the mortgage applicants are either married or living common-law, while only 38% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 51.9% | |
| Single: | 31.5% | |
| Common-law: | 9.3% | |
| Divorced: | 4.6% | |
| Separated: | 2.8% |
