Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 9.62% | 0.03% |
| 2010: | 7.69% | 0.02% |
| 2009: | 10.26% | 0.03% |
| 2008: | 7.69% | 0.02% |
| 2007: | 16.03% | 0.05% |
| 2006: | 14.74% | 0.04% |
| 2005: | 8.33% | 0.03% |
| 2004: | 8.97% | 0.03% |
| 2003: | 9.62% | 0.03% |
| 2002: | 7.05% | 0.02% |
The following bar graph illustrates the individual monthly volume history for Internet pre-approval applications from Abbotsford, BC.
The following represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Abbotsford usually occur during our third quarter (represented by the blue bars) with 28.85% while our slowest is the fourth quarter (represented by the red bars) with 18.59%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | September: | 12.8% | |
| 2: | February: | 10.3% | |
| 3: | June: | 10.3% | |
| 4: | January: | 9.6% | |
| 5: | August: | 9.0% | |
| 6: | April: | 8.3% | |
| 7: | May: | 7.7% | |
| 8: | July: | 7.0% | |
| 9: | December: | 6.4% | |
| 10: | March: | 6.4% | |
| 11: | October: | 6.4% | |
| 12: | November: | 5.8% |
The graph below compares the busy days for Internet mortgage applications that were received by the CanEquity web site. 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 19.23% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 10.26% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.2% | |
| 2: | Monday: | 16.0% | |
| 3: | Friday: | 16.0% | |
| 4: | Thursday: | 14.1% | |
| 5: | Wednesday: | 12.8% | |
| 6: | Sunday: | 11.5% | |
| 7: | Saturday: | 10.3% |
Abbotsford mortgage applications are received 24 hours a day via the CanEquity web site. The information 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: | 6.4% |
| 01:00 to 01:59: | 3.8% |
| 03:00 to 03:59: | 1.9% |
| 04:00 to 04:59: | 0.6% |
| 06:00 to 06:59: | 1.3% |
| 08:00 to 08:59: | 0.6% |
| 09:00 to 09:59: | 3.8% |
| 10:00 to 10:59: | 2.6% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 4.5% |
| 13:00 to 13:59: | 5.1% |
| 14:00 to 14:59: | 8.3% |
| 15:00 to 15:59: | 6.4% |
| 16:00 to 16:59: | 5.1% |
| 17:00 to 17:59: | 7.7% |
| 18:00 to 18:59: | 3.8% |
| 19:00 to 19:59: | 2.6% |
| 20:00 to 20:59: | 7.1% |
| 21:00 to 21:59: | 11.5% |
| 22:00 to 22:59: | 5.8% |
| 23:00 to 23:59: | 3.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.57% |
| Manitoba: | 2.06% |
| New Brunswick: | 2.43% |
| Newfoundland and Labrador: | 1.25% |
| Nova Scotia: | 3.28% |
| Northwest Territories: | 0.40% |
| Nunavut: | 0.10% |
| Ontario: | 48.07% |
| Prince Edward Island: | 0.53% |
| Quebec: | 3.97% |
| Saskatchewan: | 4.94% |
| Yukon Territories: | 0.41% |
| Location | Contribution | |
|---|---|---|
| 001: | VANCOUVER, BC | 0.955% |
| 002: | SURREY, BC | 0.715% |
| 003: | VICTORIA, BC | 0.664% |
| 004: | KELOWNA, BC | 0.327% |
| 005: | BURNABY, BC | 0.327% |
| 006: | ABBOTSFORD, BC | 0.294% |
| 007: | PRINCE GEORGE, BC | 0.291% |
| 008: | RICHMOND, BC | 0.277% |
| 009: | KAMLOOPS, BC | 0.264% |
| 010: | CHILLIWACK, BC | 0.262% |
| 011: | FORT ST JOHN, BC | 0.247% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 30.1% | |
| No Money Down: | 16.0% | |
| Refinance: | 13.5% | |
| Purchase: | 13.5% | |
| First-time Buyer: | 10.3% | |
| Renewal: | 7.7% | |
| Pre-approval: | 4.5% | |
| Equity Mortgage: | 3.2% | |
| Other: | 1.2% | |
| Total Application Types Found: 10 | ||
Average age: 37
Oldest age: 64
Youngest age: 20
The following depicts the average income of Canadians living in Abbotsford who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Abbotsford: | $55,233.24 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($4,265.23) |
| mortgage co-applicants in Abbotsford: | $39,110.50 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($3,292.63) |
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: | 46.8% | |
| Own: | 42.3% | |
| Other: | 4.5% | |
| No Comment: | 3.2% | |
| Live with parents: | 3.2% |
The pie chart below represents the marital status of applicants from Abbotsford, British Columbia using the mortgage application found on the CanEquity Mortgage web site. In Abbotsford, over 63% of the mortgage applicants are living common-law or married, while only 36% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 52.6% | |
| Single: | 28.8% | |
| Common-law: | 10.9% | |
| Divorced: | 5.8% | |
| Separated: | 1.9% |
