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This graph represents the individual monthly volume history for Internet mortgage applications originating from Burnaby, BC.
The graph below displays the volumes of Internet 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 31.35% while our slowest is the fourth quarter (represented by the red bars) with 14.59%.
Rankings for Busy Mortgage Months
| Rank | Month | | Percentage of Applications |
|---|
| 1 | May: | | 12.4% |
| 2 | March: | | 11.9% |
| 3 | August: | | 11.9% |
| 4 | February: | | 9.7% |
| 5 | June: | | 9.7% |
| 6 | January: | | 9.2% |
| Rank | Month | | Percentage of Applications |
|---|
| 7 | April: | | 9.2% |
| 8 | October: | | 8.7% |
| 9 | September: | | 8.1% |
| 10 | November: | | 3.2% |
| 11 | July: | | 3.2% |
| 12 | December: | | 2.7% |
The bar graph listed below compares the busy days for online applications that were received by the CanEquity web site. 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 18.92% of all inquiries, is Tuesday. In comparison, Friday's are the slowest day with only 8.65% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|
| 1: | Tuesday: | 18.9% |
| 2: | Monday: | 18.4% |
| 3: | Wednesday: | 16.8% |
| 4: | Thursday: | 13.5% |
| 5: | Sunday: | 13.0% |
| 6: | Saturday: | 10.8% |
| 7: | Friday: | 8.7% |
Inquiries are received 24 hours a day via the CanEquity web site. The statistics shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 15.7% of all mortgages are received before noon, while 75.7% arrive in the afternoon.
| Time | Period (24 Hour) | Percentage
of Applications |
|---|
| 12AM | 00:00 to 00:59: | 5.4%
|
| 1AM | 01:00 to 01:59: | 2.2%
|
| 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: | 2.2%
|
| 10AM | 10:00 to 10:59: | 5.4%
|
| 11AM | 11:00 to 11:59: | 4.9%
|
| Time | Period (24 Hour) | Percentage
of Applications |
|---|
| Lunch | 12:00 to 12:59: | 7.0%
|
| 1PM | 13:00 to 13:59: | 6.5%
|
| 2PM | 14:00 to 14:59: | 9.2%
|
| 3PM | 15:00 to 15:59: | 5.9%
|
| 4PM | 16:00 to 16:59: | 8.1%
|
| 5PM | 17:00 to 17:59: | 10.3%
|
| 6PM | 18:00 to 18:59: | 5.9%
|
| 7PM | 19:00 to 19:59: | 4.9%
|
| 8PM | 20:00 to 20:59: | 4.3%
|
| 9PM | 21:00 to 21:59: | 4.3%
|
| 10PM | 22:00 to 22:59: | 4.9%
|
| 11PM | 23:00 to 23:59: | 4.3%
|
Average age: 37
Oldest age: 63
Youngest age: 21
The amounts shown below represent the average income of applicants living in Burnaby who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|
| mortgage applicants in Burnaby: | $61,396.90 |
| applicants within all of Canada: | $60,503.19 |
| Difference: | $893.71 |
| | |
| mortgage co-applicants in Burnaby: | $46,038.14 |
| co-applicants within all of Canada: | $43,699.18 |
| Difference: | $2,338.96 |
Note: Commercial loans were not included for this report, only residential loans from Burnaby, British Columbia were used.
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