Langley Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 8.57% | * 0.02% |
| 2007: | 15.71% | 0.04% |
| 2006: | 18.57% | 0.04% |
| 2005: | 18.57% | 0.04% |
| 2004: | 10.00% | 0.02% |
| 2003: | 21.43% | 0.05% |
| 2002: | 7.14% | 0.02% |
The following illustrates the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Langley happen to occur during our first quarter (represented by the brown bars) with 30.00% while our slowest is the fourth quarter (represented by the red bars) with 14.29%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 12.9% | |
| 2: | March: | 12.9% | |
| 3: | April: | 11.4% | |
| 4: | August: | 11.4% | |
| 5: | July: | 10.0% | |
| 6: | June: | 10.0% | |
| 7: | May: | 7.1% | |
| 8: | October: | 7.1% | |
| 9: | September: | 5.7% | |
| 10: | December: | 4.3% | |
| 11: | February: | 4.3% | |
| 12: | November: | 2.9% |
The bar graph below plots the busy days for Internet mortgage applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Langley, the day with the most volume, having more than 21.43% of all submissions, is Thursday. In comparison, Saturday's are the slowest day with only 11.43% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Thursday: | 21.4% | |
| 2: | Wednesday: | 15.7% | |
| 3: | Sunday: | 14.3% | |
| 4: | Monday: | 12.9% | |
| 5: | Tuesday: | 12.9% | |
| 6: | Friday: | 11.4% | |
| 7: | Saturday: | 11.4% |
Langley mortgage applications are received 24 hours a day on the CanEquity web site. The information shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 20.0% of all mortgages are received during the morning, while 74.3% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.4% |
| 01:00 to 01:59: | 2.9% |
| 02:00 to 02:59: | 1.4% |
| 05:00 to 05:59: | 1.4% |
| 08:00 to 08:59: | 2.9% |
| 09:00 to 09:59: | 1.4% |
| 10:00 to 10:59: | 7.1% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 4.3% |
| 13:00 to 13:59: | 10.0% |
| 14:00 to 14:59: | 4.3% |
| 15:00 to 15:59: | 2.9% |
| 16:00 to 16:59: | 8.6% |
| 17:00 to 17:59: | 5.7% |
| 18:00 to 18:59: | 7.1% |
| 19:00 to 19:59: | 10.0% |
| 20:00 to 20:59: | 1.4% |
| 21:00 to 21:59: | 7.1% |
| 22:00 to 22:59: | 10.0% |
| 23:00 to 23:59: | 2.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.49% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.77% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.60% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 010: | COQUITLAM, BC | 0.283% |
| 011: | NORTH VANCOUVER, BC | 0.273% |
| 012: | PRINCE GEORGE, BC | 0.273% |
| 013: | FORT ST JOHN, BC | 0.253% |
| 014: | NANAIMO, BC | 0.243% |
| 015: | LANGLEY, BC | 0.233% |
| 016: | MAPLE RIDGE, BC | 0.203% |
| 017: | DELTA, BC | 0.193% |
| 018: | NEW WESTMINSTER, BC | 0.180% |
| 019: | VERNON, BC | 0.176% |
| 020: | PENTICTON, BC | 0.136% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.7% | |
| Refinance: | 24.3% | |
| First-time Buyer: | 17.1% | |
| Renewal: | 15.7% | |
| Second Mortgage: | 4.3% | |
| No Money Down: | 2.9% | |
| Purchase: | 2.9% | |
| Investment: | 2.9% | |
| Variable Rate: | 2.9% | |
| Low Doc: | 1.4% | |
| Total Application Types Found: 10 | ||
Average age: 38
Oldest age: 74
Youngest age: 22
The amounts shown below represent the average income of applicants living in Langley who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Langley: | $62,559.32 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $6,211.82 |
| mortgage co-applicants in Langley: | $40,978.00 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | $1,647.30 |
The following depicts the residential status of people living in Langley who have submitted an inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.6% | |
| Own: | 60.0% | |
| Other: | 1.4% | |
| No Comment: | 4.3% | |
| Live with parents: | 5.7% |
The information below shows the marital status of applicants from Langley, British Columbia using the mortgage application located at the CanEquity web site. In Langley, 60% of the mortgage applicants are living common-law or married, while only 35% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 28.6% | |
| Common-law: | 10.0% | |
| Divorced: | 4.3% | |
| Widowed: | 4.3% | |
| Separated: | 2.9% |
