Last report update for Surrey: Saturday, June 27, 2009
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Surrey Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Surrey

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%

Note: * These values are the percentages up to Saturday, June 27, 2009. Estimated volume targets for the entire 2009 year are 20.81% and 0.17% respectively. ** Total national contribution of Surrey mortgages in the past is currently 0.79% with a projected target of 0.87%.

Monthly Volume History for Mortgage Applications from Surrey

This graph illustrates the individual monthly volume history for Internet applications from Surrey, BC.


Monthly Volume Report for Surrey Mortgages

Busy Months for Mortgages within Surrey

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%.

RankMonth 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%
Busy Months Report for Surrey Mortgages

Busy Days for Mortgage Applications within Surrey

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%
Busy Days Report for Surrey Mortgages

Peak Hours for Mortgages within Surrey

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%
Peak Hours Graph for Mortgages in Surrey

Note: Only hours that have had mortgages from Surrey, British Columbia are shown.

British Columbia Mortgage Originations Compared to all other Provinces


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%
Surrey Mortgages

Current City Standing within British Columbia


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%

Nearest Settlements


1Burnaby, British Columbia
2Richmond, British Columbia
3New Westminster, British Columbia
4North Delta, British Columbia
5Delta, British Columbia
6Port Moody, British Columbia
7Vancouver, British Columbia
8Coquitlam, British Columbia
9Ladner, British Columbia
10Aldergrove, British Columbia
11Pitt Meadows, British Columbia
12Port Coquitlam, British Columbia
13White Rock, British Columbia
14Clearbrook, British Columbia
15Maple Ridge, British Columbia
16Abbotsford, British Columbia
17North Vancouver, British Columbia
18Haney, British Columbia
19Fort Langley, British Columbia
20West Vancouver, British Columbia
21Langley, British Columbia
22Sardis, British Columbia
23Deroche, British Columbia


Product Popularity for Surrey


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
 Surrey Mortgage Product Popularity Pie Chart

Age Demographics for Surrey Mortgages

Average age: 38
Oldest age: 71
Youngest age: 21


Incomes for Surrey Mortgages

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)

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

Residential Status for Surrey Originated Mortgages

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%
Surrey Residential Status Pie Chart

Marital Status for Surrey Originated Mortgages

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%
Surrey Marital Status Pie Chart