Surrey Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | * 11.07% | * 0.09% |
| 2008: | 12.42% | 0.10% |
| 2007: | 15.77% | 0.13% |
| 2006: | 17.11% | 0.14% |
| 2005: | 10.07% | 0.08% |
| 2004: | 12.08% | 0.10% |
| 2003: | 13.09% | 0.10% |
| 2002: | 8.39% | 0.07% |
This graph illustrates the individual monthly volume history for Internet applications from Surrey, BC.
This bar graph depicts the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Surrey seem to occur during our first quarter (represented by the brown bars) with 33.56% while our slowest is the third quarter (represented by the blue bars) with 16.11%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 11.7% | |
| 2: | April: | 11.1% | |
| 3: | March: | 11.1% | |
| 4: | January: | 10.7% | |
| 5: | May: | 10.7% | |
| 6: | June: | 9.1% | |
| 7: | October: | 8.4% | |
| 8: | November: | 7.0% | |
| 9: | August: | 6.0% | |
| 10: | July: | 5.0% | |
| 11: | September: | 5.0% | |
| 12: | December: | 4.0% |
The graph listed below shows the busy days for Internet mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Surrey the busiest day, with 19.13% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.72% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.1% | |
| 2: | Thursday: | 17.8% | |
| 3: | Wednesday: | 17.1% | |
| 4: | Tuesday: | 14.1% | |
| 5: | Friday: | 13.8% | |
| 6: | Sunday: | 10.4% | |
| 7: | Saturday: | 7.7% |
In Surrey, applications are received 24 hours a day on the CanEquity web site. The information shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 3.4% |
| 01:00 to 01:59: | 3.7% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 1.3% |
| 05:00 to 05:59: | 0.7% |
| 07:00 to 07:59: | 1.0% |
| 08:00 to 08:59: | 1.0% |
| 09:00 to 09:59: | 2.3% |
| 10:00 to 10:59: | 6.0% |
| 11:00 to 11:59: | 7.0% |
| 12:00 to 12:59: | 9.1% |
| 13:00 to 13:59: | 4.7% |
| 14:00 to 14:59: | 6.7% |
| 15:00 to 15:59: | 7.0% |
| 16:00 to 16:59: | 7.0% |
| 17:00 to 17:59: | 5.7% |
| 18:00 to 18:59: | 7.0% |
| 19:00 to 19:59: | 3.7% |
| 20:00 to 20:59: | 6.7% |
| 21:00 to 21:59: | 5.0% |
| 22:00 to 22:59: | 6.0% |
| 23:00 to 23:59: | 4.0% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.30% |
| British Columbia: | 10.97% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.03% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 49.00% |
| Prince Edward Island: | 0.40% |
| Quebec: | 3.87% |
| Saskatchewan: | 5.19% |
| Yukon Territories: | 0.22% |
| Location | Contribution | |
|---|---|---|
| 001: | VANCOUVER, BC | 1.047% |
| 002: | SURREY, BC | 0.792% |
| 003: | VICTORIA, BC | 0.749% |
| 004: | BURNABY, BC | 0.345% |
| 005: | KELOWNA, BC | 0.337% |
| 006: | ABBOTSFORD, BC | 0.335% |
| 007: | CHILLIWACK, BC | 0.292% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 22.1% | |
| Refinance: | 18.1% | |
| No Money Down: | 15.4% | |
| First-time Buyer: | 15.1% | |
| Renewal: | 14.8% | |
| Purchase: | 5.7% | |
| Equity Mortgage: | 1.7% | |
| Pre-approval: | 1.7% | |
| Second Mortgage: | 1.3% | |
| Variable Rate: | 1.3% | |
| Other: | 2.5% | |
| Total Application Types Found: 17 | ||
Average age: 38
Oldest age: 71
Youngest age: 21
The figures below represent the average income of applicants living in Surrey who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Surrey: | $60,850.62 |
| applicants within all of Canada: | $57,859.84 |
| Difference: | $2,990.78 |
| mortgage co-applicants in Surrey: | $40,084.96 |
| co-applicants within all of Canada: | $40,716.04 |
| Difference: | ($631.08) |
The information below represents the residential status of people living in Surrey who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.6% | |
| Own: | 49.7% | |
| Other: | 1.3% | |
| No Comment: | 4.7% | |
| Live with parents: | 3.7% |
The information below shows the marital status of applicants from Surrey, British Columbia using the preapproval application found on the CanEquity Mortgage web site. In Surrey, approximately 66% of the mortgage applicants are living common-law or married, while only 32% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.1% | |
| Single: | 25.2% | |
| Common-law: | 8.1% | |
| Separated: | 4.4% | |
| Divorced: | 3.0% | |
| Widowed: | 1.3% |
