Surrey Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.47% | * 0.02% |
| 2009: | 15.74% | 0.12% |
| 2008: | 11.42% | 0.09% |
| 2007: | 14.51% | 0.11% |
| 2006: | 15.74% | 0.12% |
| 2005: | 9.26% | 0.07% |
| 2004: | 11.11% | 0.09% |
| 2003: | 12.04% | 0.09% |
| 2002: | 7.72% | 0.06% |
The 6-year bar graph below shows the individual monthly volume history for Internet pre-approval applications from Surrey, BC.
The following shows the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Surrey usually occur during our first quarter (represented by the brown bars) with 33.33% while our slowest is the third quarter (represented by the blue bars) with 18.52%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 11.7% | |
| 2: | January: | 11.4% | |
| 3: | April: | 10.2% | |
| 4: | March: | 10.2% | |
| 5: | May: | 9.9% | |
| 6: | October: | 9.3% | |
| 7: | June: | 8.3% | |
| 8: | August: | 7.1% | |
| 9: | November: | 6.5% | |
| 10: | July: | 6.5% | |
| 11: | September: | 4.9% | |
| 12: | December: | 4.0% |
The bar graph listed below illustrates the busy days for mortgage applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Surrey, the day with the most volume, having more than 19.44% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 7.10% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.4% | |
| 2: | Thursday: | 18.5% | |
| 3: | Wednesday: | 17.0% | |
| 4: | Tuesday: | 14.5% | |
| 5: | Friday: | 13.3% | |
| 6: | Sunday: | 10.2% | |
| 7: | Saturday: | 7.1% |
Mortgage inquiries are received 24 hours a day on the CanEquity web site. The following represents 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: | 3.4% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.6% |
| 04:00 to 04:59: | 1.2% |
| 05:00 to 05:59: | 0.6% |
| 07:00 to 07:59: | 0.9% |
| 08:00 to 08:59: | 1.5% |
| 09:00 to 09:59: | 2.8% |
| 10:00 to 10:59: | 6.5% |
| 11:00 to 11:59: | 6.8% |
| 12:00 to 12:59: | 8.3% |
| 13:00 to 13:59: | 4.9% |
| 14:00 to 14:59: | 6.5% |
| 15:00 to 15:59: | 6.8% |
| 16:00 to 16:59: | 7.1% |
| 17:00 to 17:59: | 5.6% |
| 18:00 to 18:59: | 7.1% |
| 19:00 to 19:59: | 4.6% |
| 20:00 to 20:59: | 6.5% |
| 21:00 to 21:59: | 4.9% |
| 22:00 to 22:59: | 5.6% |
| 23:00 to 23:59: | 4.0% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.14% |
| British Columbia: | 10.92% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.89% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.09% |
| Ontario: | 48.84% |
| Prince Edward Island: | 0.43% |
| Quebec: | 4.05% |
| Saskatchewan: | 5.08% |
| Yukon Territories: | 0.25% |
| Location | Contribution | |
|---|---|---|
| 001: | VANCOUVER, BC | 1.057% |
| 002: | SURREY, BC | 0.777% |
| 003: | VICTORIA, BC | 0.736% |
| 004: | BURNABY, BC | 0.357% |
| 005: | KELOWNA, BC | 0.338% |
| 006: | ABBOTSFORD, BC | 0.309% |
| 007: | CHILLIWACK, BC | 0.278% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.1% | |
| Refinance: | 18.2% | |
| No Money Down: | 14.8% | |
| First-time Buyer: | 14.5% | |
| Renewal: | 14.2% | |
| Purchase: | 6.2% | |
| Equity Mortgage: | 1.9% | |
| Pre-approval: | 1.5% | |
| Variable Rate: | 1.5% | |
| Second Mortgage: | 1.2% | |
| Investment: | 0.9% | |
| Other: | 1.8% | |
| Total Application Types Found: 17 | ||
Average age: 39
Oldest age: 71
Youngest age: 21
The amounts below are the average income of Canadians living in Surrey who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Surrey: | $62,266.05 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | $3,817.63 |
| mortgage co-applicants in Surrey: | $42,018.56 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | $908.11 |
The table and pie chart below represents the residential status of people living in Surrey who have submitted an inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 39.5% | |
| Own: | 51.2% | |
| Other: | 1.2% | |
| No Comment: | 4.3% | |
| Live with parents: | 3.7% |
The following information represents the marital status of applicants from Surrey, British Columbia using the preapproval application found at canequity.com. Approximately 66% of the mortgage applicants are either married or living common-law, while only 32% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.0% | |
| Single: | 24.4% | |
| Common-law: | 8.3% | |
| Separated: | 4.0% | |
| Divorced: | 3.7% | |
| Widowed: | 1.5% |
