Mortgage Stats and Info for Merritt, BC

Busy Months

This graph below illustrates the volumes of applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Merritt, BC generally occurs in May with 12.9% of applications, while our slowest is June with 0.0%.

JanFebMarAprMayJunJulAugSepOctNovDec0%4%8%12%16%
Busy Months for Mortgages in Merritt
May12.9%
July12.9%
August12.9%
October12.9%
April9.7%
November9.7%
December9.7%
February6.5%
March6.5%
January3.2%
September3.2%
June0.0%

Busy Days

The information listed below illustrates the busy days for Internet applications that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Merritt, BC the most busy day of the week, with 22.6% of all submissions, is Wednesday. In comparison, Sunday is the slowest day with only 9.7% of all inquiries.

MonTueWedThuFriSatSun0%6%12%18%24%
Busy Days for Mortgages in Merritt
Wednesday22.6%
Tuesday16.1%
Thursday16.1%
Monday12.9%
Saturday12.9%
Friday9.7%
Sunday9.7%

Peak Hours

In Merritt, BC, inquiries are received 24 hours a day from the Super Brokers' web site. The information shown below indicates the rush hours for mortgage inquiries in the day. 29.0% of all mortgages are received before noon, while 71.0% arrive in the afternoon.

0%5%10%15%20%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in Merritt
Midnight - 1 AM0.0%
1 AM - 2 AM0.0%
2 AM - 3 AM3.2%
3 AM - 4 AM0.0%
4 AM - 5 AM0.0%
5 AM - 6 AM0.0%
6 AM - 7 AM0.0%
7 AM - 8 AM6.5%
8 AM - 9 AM0.0%
9 AM - 10 AM12.9%
10 AM - 11 AM3.2%
11 AM - Noon16.1%
Noon - 1 PM6.5%
1 PM - 2 PM0.0%
2 PM - 3 PM6.5%
3 PM - 4 PM6.5%
4 PM - 5 PM12.9%
5 PM - 6 PM6.5%
6 PM - 7 PM0.0%
7 PM - 8 PM3.2%
8 PM - 9 PM9.7%
9 PM - 10 PM0.0%
10 PM - 11 PM3.2%
11 PM - Midnight3.2%

Busy Seasons

The pie chart shown below depicts the busy seasons for Internet mortgage applications received by Super Brokers. The busiest season for mortgages on properties located in Merritt, BC seems to occur in Spring with 29.0%, while our slow season is Winter with 19.4%.

19.4%29.0%25.8%25.8%
  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in Merritt
Winter19.4%
Spring29.0%
Summer25.8%
Autumn25.8%

Age Ranges for Mortgage Applicants

In Merritt, BC, the median age for when home-buyers apply for a mortgage is 44. The youngest to apply for a mortgage online in Merritt, BC was 21. The oldest was 70 years old.

Merritt020406080Min Age: 21Median Age: 44Maximum Age: 70

Marital Status for Mortgage Applicants

When mortgage applicants in Merritt, BC fill out a mortgage application, they enter a marital status, and the most common status' they report are Married with 45.2%, Single with 29.0%, Common Law with 9.7%, Divorced with 9.7%, Separated with 3.2%, and Widowed with 3.2%.

Merritt0255075100

Mortgage Types

Of the many mortgage applications in Merritt, BC, the 4 most common types are Qualification with 38.7%, First-time Buyer with 12.9%, No Money Down with 12.9%, and Purchase with 12.9%.

  • Qualification
  • Other
  • First-time Buyer
  • No Money Down
  • Purchase
Mortgage Inquiry Types for Mortgages in Merritt
Qualification38.7%
Other22.6%
First-time Buyer12.9%
No Money Down12.9%
Purchase12.9%

Current Living Arrangement

When asked on an online mortgage application if they own or rent and where they live, the people of Merritt, BC most frequently report: Own with 51.6%, Rent with 38.7%, and Live with parents with 3.2%.

Merritt0255075100

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