Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Abbotsford: Wednesday, February 8, 2012   
CanEquity Mortgage and Insurance Canada
Canadian Mortgage Rates,
Calculators, News & Insurance
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Agassiz
Aldergrove
Chilliwack
Clearbrook
Deroche
Fort Langley
Langley
Rosedale
Sardis
White Rock

Abbotsford Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

Map of Abbotsford requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Applications from Abbotsford

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%

Note: ** Total national contribution of Abbotsford mortgages in the past is currently 0.29% with a projected target of 0.29%.

Monthly Volume History for Mortgages Originating from Abbotsford

The following bar graph illustrates the individual monthly volume history for Internet pre-approval applications from Abbotsford, BC.


Monthly Volume Report for Abbotsford Mortgages

Busy Months for Mortgages Originating within Abbotsford

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%.

RankMonth 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%
Busy Months Report for Abbotsford Mortgages

Busy Days for Online Mortgages within Abbotsford

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%
Busy Days Report for Abbotsford Mortgages

Peak Hours for Based Mortgages within Abbotsford

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%
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: 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%
Abbotsford Mortgages

Current City Standing within British Columbia


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%

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: 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
 Abbotsford Mortgage Product Popularity Pie Chart

Age Demographics for Abbotsford Mortgage Applicants

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


Incomes for Abbotsford Mortgage Applicants

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)

Note: Commercial Mortgage loans were not included for this report, only residential loans from Abbotsford, British Columbia were used.

Residential Status for Abbotsford Mortgage Applicants

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%
Abbotsford Residential Status Pie Chart

Marital Statistics for Abbotsford Mortgage Applicants

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%
Abbotsford Marital Status Pie Chart