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Rates
Current Mortgage Rates:
Life InsuranceVariable closed: 2.60% 1 year closed: 2.74% 3 year closed: 2.59% 5 year closed: 3.04% 10 year special: 3.58% 
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Current City Standing within Alberta
| Rank | Location | Contribution |
|---|---|---|
| 75: | LEGAL, AB | 0.025% |
| 76: | DE WINTON, AB | 0.023% |
| 77: | CARSTAIRS, AB | 0.023% |
| 78: | TURNER VALLEY, AB | 0.023% |
| 79: | WEMBLEY, AB | 0.023% |
| 80: | ELK POINT, AB | 0.023% |
| 81: | LANCASTER PARK, AB | 0.021% |
| 82: | BLAIRMORE, AB | 0.021% |
| 83: | FORT MACLEOD, AB | 0.021% |
| 84: | COALDALE, AB | 0.021% |
| 85: | MAYERTHORPE, AB | 0.021% |
Nearest Settlements
| 1 | St Paul, Alberta |
| 2 | Marwayne, Alberta |
| 3 | Islay, Alberta |
| 4 | Bonnyville, Alberta |
| 5 | Glendon, Alberta |
| 6 | Kitscoty, Alberta |
| 7 | Myrnam, Alberta |
| 8 | Ardmore, Alberta |
| 9 | Mannville, Alberta |
| 10 | Onion Lake, Saskatchewan |
| 11 | Lloydminster, Alberta |
Age Demographics for Elk Point Mortgages
Average age: 43
Oldest age: 68
Youngest age: 25
Incomes for Elk Point Mortgages
The amounts below are the average income of people living in Elk Point who have applied for a loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Elk Point: | $80,318.36 |
| applicants within all of Canada: | $60,503.19 |
| Difference: | $19,815.17 |
| mortgage co-applicants in Elk Point: | $38,750.00 |
| co-applicants within all of Canada: | $43,699.18 |
| Difference: | ($4,949.18) |
Note: Commercial Mortgage loans were not included for this survey, only residential mortgage loan amounts were used.
Apply Online and Secure the Best Rate
Apply for a free mortgage quote today and see what one of Canada's earliest established online mortgage brokerages can do for you. Secure the lowest rates available for up to 120 days from the date of your pre-approval!
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Grande Prairie.
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 24.48% | |
| First-time Home Buyer | 19.79% | |
| No Money Down discontinued | 15.63% | |
| Refinance/Consolidate Debt | 14.58% | |
| New Purchase | 10.94% | |
| Mortgage Renewal | 6.77% | |
| Other | 7.8% |
Mortgage Rate History
Interested in seeing see how variable rate mortgages measure up to fixed rate mortgages? Our mortgage rates history report will show you what you need to know. Look back up to ten years to see how rates have changed over time.
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