Surrey Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.77% | * 0.02% |
| 2009: | 15.69% | 0.12% |
| 2008: | 11.39% | 0.09% |
| 2007: | 14.46% | 0.11% |
| 2006: | 15.69% | 0.12% |
| 2005: | 9.23% | 0.07% |
| 2004: | 11.08% | 0.09% |
| 2003: | 12.00% | 0.09% |
| 2002: | 7.69% | 0.06% |
The following displays the individual monthly volume history for Internet applications originating from Surrey, BC.
The bar graph below represents the volumes of online mortgage 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 33.54% while our slowest is the third quarter (represented by the blue bars) with 18.46%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 11.7% | |
| 2: | January: | 11.4% | |
| 3: | March: | 10.5% | |
| 4: | April: | 10.2% | |
| 5: | May: | 9.8% | |
| 6: | October: | 9.2% | |
| 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 below compares the busy days for Internet mortgage applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Surrey the busiest day, with 19.69% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 7.08% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.7% | |
| 2: | Thursday: | 18.5% | |
| 3: | Wednesday: | 16.9% | |
| 4: | Tuesday: | 14.5% | |
| 5: | Friday: | 13.2% | |
| 6: | Sunday: | 10.2% | |
| 7: | Saturday: | 7.1% |
In Surrey, mortgage applications are received 24 hours a day from the CanEquity web site. The time periods below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 20.9% of all mortgages are received during the morning, while 72.0% arrive in the afternoon.
| 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: | 6.8% |
| 15:00 to 15:59: | 6.8% |
| 16:00 to 16:59: | 7.1% |
| 17:00 to 17:59: | 5.5% |
| 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: | 5.5% |
| 23:00 to 23:59: | 4.0% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 001: | VANCOUVER, BC | 1.063% |
| 002: | SURREY, BC | 0.763% |
| 003: | VICTORIA, BC | 0.728% |
| 004: | BURNABY, BC | 0.359% |
| 005: | KELOWNA, BC | 0.333% |
| 006: | ABBOTSFORD, BC | 0.303% |
| 007: | CHILLIWACK, BC | 0.275% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.1% | |
| Refinance: | 18.5% | |
| No Money Down: | 14.8% | |
| First-time Buyer: | 14.5% | |
| Renewal: | 14.2% | |
| Purchase: | 6.2% | |
| Equity Mortgage: | 1.8% | |
| 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 following depicts the average income of people living in Surrey who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Surrey: | $62,207.32 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $3,624.93 |
| mortgage co-applicants in Surrey: | $42,018.56 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $792.74 |
The pie chart below shows the residential status of people living in Surrey who have applied for a loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 39.7% | |
| Own: | 51.1% | |
| Other: | 1.2% | |
| No Comment: | 4.3% | |
| Live with parents: | 3.7% |
The pie chart below represents the marital status of applicants from Surrey, British Columbia using the mortgage application found on the CanEquity Mortgage web site. Approximately 66% of the mortgage applicants are living common-law or married, while only 32% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.8% | |
| Single: | 24.3% | |
| Common-law: | 8.3% | |
| Divorced: | 4.0% | |
| Separated: | 4.0% | |
| Widowed: | 1.5% |
