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Monthly Volume History for Applications from Burnaby

This bar graph represents the individual monthly volume history for Internet mortgage pre-approval applications sent from Burnaby, BC.


Monthly Volume Report for Burnaby Mortgages

Busy Months for Applications within Burnaby

The 6-year bar graph below represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Burnaby seem to occur during our second quarter (represented by the green bars) with 30.69% while our slowest is the fourth quarter (represented by the red bars) with 14.81%.

Busy Months Report for Burnaby Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 May: 12.2%
2 August: 12.2%
3 March: 11.6%
4 February: 9.5%
5 June: 9.5%
6 January: 9.0%
RankMonth Percentage of Applications
7 April: 9.0%
8 October: 9.0%
9 September: 9.0%
10 November: 3.2%
11 July: 3.2%
12 December: 2.6%

Busy Days for Mortgages within Burnaby

The graph listed below shows the busy days for mortgage inquiries that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Burnaby the most busy day of the week, with 19.05% of all applications, is Tuesday. In comparison, Friday's are the slowest day with only 8.47% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 19.1%
2: Monday: 18.5%
3: Wednesday: 16.9%
4: Thursday: 13.2%
5: Sunday: 13.2%
6: Saturday: 10.6%
7: Friday: 8.5%
Busy Days Report for Burnaby Mortgages

Peak Hours for Mortgage Applicants within Burnaby

Inquiries are received 24 hours a day on the CanEquity web site. The report shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Burnaby
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 5.3%
1AM 01:00 to 01:59: 2.6%
2AM 02:00 to 02:59: 1.1%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0.5%
6AM 06:00 to 06:59: 1.6%
7AM 07:00 to 07:59: 0.5%
8AM 08:00 to 08:59: 0.5%
9AM 09:00 to 09:59: 2.1%
10AM 10:00 to 10:59: 5.3%
11AM 11:00 to 11:59: 4.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.9%
1PM 13:00 to 13:59: 6.3%
2PM 14:00 to 14:59: 9.5%
3PM 15:00 to 15:59: 5.8%
4PM 16:00 to 16:59: 8.5%
5PM 17:00 to 17:59: 10.1%
6PM 18:00 to 18:59: 5.8%
7PM 19:00 to 19:59: 4.8%
8PM 20:00 to 20:59: 4.2%
9PM 21:00 to 21:59: 4.2%
10PM 22:00 to 22:59: 4.8%
11PM 23:00 to 23:59: 4.8%

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.83%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.31%
Northwest Territories: 0.48%
Nunavut: 0.10%
Ontario: 47.68%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.03%
Yukon: 0.48%

Current City Standing within British Columbia

RankLocation Contribution
1:VANCOUVER, BC 0.923%
2:SURREY, BC 0.699%
3:VICTORIA, BC 0.618%
4:BURNABY, BC 0.336%
5:KELOWNA, BC 0.325%
6:PRINCE GEORGE, BC 0.289%
7:ABBOTSFORD, BC 0.286%
8:RICHMOND, BC 0.270%
9:CHILLIWACK, BC 0.265%


Age Demographics for Burnaby Originated Mortgages

Average age: 37
Oldest age: 63
Youngest age: 21


Incomes for Burnaby Originated Mortgages

The following depicts the average income of people living in Burnaby who have submitted a mortgage inquiry using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Burnaby: $60,741.72
applicants within all of Canada: $60,593.10
Difference: $148.62
  
mortgage co-applicants in Burnaby: $46,038.14
co-applicants within all of Canada: $43,761.59
Difference: $2,276.55

Note: Commercial loan amounts were not included for this report, only residential loans were used.

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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Delta.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt20.88%
No Money Down discontinued16.48%
Mortgage Pre-approval15.38%
First-time Home Buyer15.38%
New Purchase14.29%
Mortgage Renewal9.89%
Other7.7%