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ToolsLangley Mortgage Information
Average Mortgage Loan in Langley: $237,472Busy Months for Mortgage Applications within Langley
The bar graph below represents the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Langley usually occur during our first quarter (represented by the brown bars) with 30.00% while our slowest is the fourth quarter (represented by the red bars) with 13.08%.
Rankings for Busy Mortgage Months
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 1 | January: | 14.6% | |
| 2 | August: | 13.1% | |
| 3 | June: | 11.5% | |
| 4 | March: | 10.8% | |
| 5 | April: | 9.2% | |
| 6 | July: | 8.5% |
| Rank | Month | Percentage of Applications | |
|---|---|---|---|
| 7 | September: | 7.7% | |
| 8 | May: | 6.9% | |
| 9 | November: | 4.6% | |
| 10 | February: | 4.6% | |
| 11 | October: | 4.6% | |
| 12 | December: | 3.9% |
Busy Days for Mortgage Applications within Langley
The information below compares the busy days for online inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Langley, the day with the most volume, generating 16.92% of all inquiries, is Thursday. In comparison, Monday's are the slowest day with only 11.54% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1 | Thursday: | 16.9% |
| 2 | Wednesday: | 16.1% |
| 3 | Sunday: | 15.4% |
| 4 | Saturday: | 15.4% |
| 5 | Tuesday: | 12.3% |
| 6 | Friday: | 12.3% |
| 7 | Monday: | 11.5% |
Peak Hours for Applicants within Langley
Inquiries are received 24 hours a day via the Super Brokers web site. The graph shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| 12AM | 00:00 to 00:59: | 3.1% |
| 1AM | 01:00 to 01:59: | 3.1% |
| 2AM | 02:00 to 02:59: | 1.5% |
| 3AM | 03:00 to 03:59: | 0.8% |
| 4AM | 04:00 to 04:59: | 0.8% |
| 5AM | 05:00 to 05:59: | 1.5% |
| 6AM | 06:00 to 06:59: | 0% |
| 7AM | 07:00 to 07:59: | 0% |
| 8AM | 08:00 to 08:59: | 0.8% |
| 9AM | 09:00 to 09:59: | 0.8% |
| 10AM | 10:00 to 10:59: | 5.4% |
| 11AM | 11:00 to 11:59: | 6.9% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 9.2% |
| 1PM | 13:00 to 13:59: | 7.7% |
| 2PM | 14:00 to 14:59: | 4.6% |
| 3PM | 15:00 to 15:59: | 5.4% |
| 4PM | 16:00 to 16:59: | 4.6% |
| 5PM | 17:00 to 17:59: | 8.5% |
| 6PM | 18:00 to 18:59: | 4.6% |
| 7PM | 19:00 to 19:59: | 10.0% |
| 8PM | 20:00 to 20:59: | 4.6% |
| 9PM | 21:00 to 21:59: | 6.2% |
| 10PM | 22:00 to 22:59: | 7.7% |
| 11PM | 23:00 to 23:59: | 2.3% |
British Columbia Mortgage Originations Compared to all other Provinces and Territories
| Online Mortgage Origination for the Province or Territory of | Percentage of Applications |
|---|---|
| Alberta: | 21.07% |
| British Columbia: | 10.40% |
| Manitoba: | 2.00% |
| New Brunswick: | 2.53% |
| Newfoundland and Labrador: | 1.30% |
| Nova Scotia: | 3.29% |
| Northwest Territories: | 0.49% |
| Nunavut: | 0.10% |
| Ontario: | 47.31% |
| Prince Edward Island: | 0.51% |
| Quebec: | 3.94% |
| Saskatchewan: | 5.04% |
| Yukon: | 0.47% |
How Langley Ranks in British Columbia for Mortgage Business
The following table lists how Langley ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.
| Rank | Location | Contribution |
|---|---|---|
| 7 | ABBOTSFORD, BC | 0.284% |
| 8 | RICHMOND, BC | 0.266% |
| 9 | CHILLIWACK, BC | 0.265% |
| 10 | KAMLOOPS, BC | 0.261% |
| 11 | FORT ST JOHN, BC | 0.251% |
| 12 | LANGLEY, BC | 0.225% |
| 13 | NORTH VANCOUVER, BC | 0.220% |
| 14 | COQUITLAM, BC | 0.218% |
| 15 | NANAIMO, BC | 0.218% |
| 16 | MAPLE RIDGE, BC | 0.176% |
| 17 | DELTA, BC | 0.168% |
Types of Mortgage Inquiries Received from Langley
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| Mortgage Pre-approval: | 23.8% | |
| Refinance / Debt Consolidation: | 18.5% | |
| New Home Purchase: | 14.6% | |
| Mortgage Renewal: | 13.1% | |
| First-time Home Buyer: | 11.5% | |
| No Money Down Mortgage (discontinued): | 6.2% | |
| Other: | 12.1% | |
| Total Application Types Found: 13 | ||
Age Demographics for Langley Based Mortgages
Average age: 39
Oldest age: 74
Youngest age: 22
Incomes for Langley Based Mortgages
The information below represents the average income of people living in Langley who have applied for a mortgage loan using the pre-approval application on the Mortgage Super Brokers' web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Langley: | $61,941.86 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | $1,089.32 |
| mortgage co-applicants in Langley: | $39,945.48 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | ($4,020.03) |
Nearest Settlements
- Agassiz
- Chilliwack
- Coquitlam
- Deroche
- Fort Langley
- Haney
- Maple Ridge
- Mission
- Pitt Meadows
- Port Coquitlam
- Compare Interest Rates
- Langley Broker Contact
Municipal mortgage stats:
Related mortgage information:
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 23.85% | |
| Refinance/Consolidate Debt | 18.46% | |
| New Purchase | 14.62% | |
| Mortgage Renewal | 13.08% | |
| First-time Home Buyer | 11.54% | |
| No Money Down discontinued | 6.15% | |
| Other | 12.32% |
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Tel: Fax: info@superbrokers.ca |