Langley Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 5.05% | * 0.01% |
| 2009: | 16.16% | 0.04% |
| 2008: | 14.14% | 0.03% |
| 2007: | 11.11% | 0.03% |
| 2006: | 13.13% | 0.03% |
| 2005: | 13.13% | 0.03% |
| 2004: | 7.07% | 0.02% |
| 2003: | 15.15% | 0.04% |
| 2002: | 5.05% | 0.01% |
The bar graph below 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 second quarter (represented by the green bars) with 31.31% while our slowest is the fourth quarter (represented by the red bars) with 14.14%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 14.1% | |
| 2: | January: | 13.1% | |
| 3: | March: | 12.1% | |
| 4: | August: | 11.1% | |
| 5: | April: | 9.1% | |
| 6: | May: | 8.1% | |
| 7: | July: | 8.1% | |
| 8: | October: | 6.1% | |
| 9: | February: | 5.0% | |
| 10: | September: | 5.0% | |
| 11: | November: | 4.0% | |
| 12: | December: | 4.0% |
The information listed below shows the busy days for mortgage inquiries that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Langley the most busy day of the week, with 17.17% of all inquiries, is Thursday. In comparison, Friday's are the slowest day with only 11.11% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Thursday: | 17.2% | |
| 2: | Wednesday: | 16.2% | |
| 3: | Sunday: | 15.2% | |
| 4: | Monday: | 14.1% | |
| 5: | Saturday: | 14.1% | |
| 6: | Tuesday: | 12.1% | |
| 7: | Friday: | 11.1% |
In Langley, applications are received 24 hours a day via our web site. The following 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: | 2.0% |
| 01:00 to 01:59: | 2.0% |
| 02:00 to 02:59: | 1.0% |
| 05:00 to 05:59: | 1.0% |
| 08:00 to 08:59: | 2.0% |
| 09:00 to 09:59: | 1.0% |
| 10:00 to 10:59: | 5.1% |
| 11:00 to 11:59: | 5.1% |
| 12:00 to 12:59: | 8.1% |
| 13:00 to 13:59: | 9.1% |
| 14:00 to 14:59: | 3.0% |
| 15:00 to 15:59: | 5.1% |
| 16:00 to 16:59: | 8.1% |
| 17:00 to 17:59: | 7.1% |
| 18:00 to 18:59: | 5.1% |
| 19:00 to 19:59: | 11.1% |
| 20:00 to 20:59: | 4.0% |
| 21:00 to 21:59: | 7.1% |
| 22:00 to 22:59: | 10.1% |
| 23:00 to 23:59: | 3.0% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.88% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.08% |
| Ontario: | 48.85% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.06% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 010: | KAMLOOPS, BC | 0.266% |
| 011: | NORTH VANCOUVER, BC | 0.259% |
| 012: | COQUITLAM, BC | 0.255% |
| 013: | FORT ST JOHN, BC | 0.236% |
| 014: | NANAIMO, BC | 0.233% |
| 015: | LANGLEY, BC | 0.233% |
| 016: | MAPLE RIDGE, BC | 0.193% |
| 017: | DELTA, BC | 0.186% |
| 018: | VERNON, BC | 0.181% |
| 019: | NEW WESTMINSTER, BC | 0.172% |
| 020: | DAWSON CREEK, BC | 0.120% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 26.3% | |
| Refinance: | 20.2% | |
| Renewal: | 15.2% | |
| First-time Buyer: | 12.1% | |
| No Money Down: | 7.1% | |
| Second Mortgage: | 5.1% | |
| Purchase: | 5.1% | |
| Low Doc: | 2.0% | |
| Pre-approval: | 2.0% | |
| Investment: | 2.0% | |
| Variable Rate: | 2.0% | |
| Equity Mortgage: | 1.0% | |
| Total Application Types Found: 12 | ||
Average age: 39
Oldest age: 74
Youngest age: 22
The amounts below are the average income of Canadians living in Langley who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Langley: | $62,216.18 |
| applicants within all of Canada: | $58,582.76 |
| Difference: | $3,633.42 |
| mortgage co-applicants in Langley: | $37,745.52 |
| co-applicants within all of Canada: | $41,205.53 |
| Difference: | ($3,460.01) |
The following table represents the residential status of people living in Langley who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 32.3% | |
| Own: | 59.6% | |
| Other: | 1.0% | |
| No Comment: | 3.0% | |
| Live with parents: | 4.0% |
The following table and pie chart represents the marital status of applicants from Langley, British Columbia using the mortgage application found at canequity.com. In Langley, 59% of the mortgage applicants are either married or living common-law, while only 35% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.5% | |
| Single: | 26.3% | |
| Common-law: | 9.1% | |
| Divorced: | 5.1% | |
| Widowed: | 5.1% | |
| Separated: | 4.0% |
