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Current Mortgage Rates:
Life InsuranceVariable closed: 2.60% 1 year closed: 2.74% 3 year closed: 2.59% 5 year closed: 2.89% 10 year special: 3.58% 
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Current City Standing within Alberta
| Rank | Location | Contribution |
|---|---|---|
| 79: | WEMBLEY, AB | 0.023% |
| 80: | ELK POINT, AB | 0.023% |
| 81: | LANCASTER PARK, AB | 0.022% |
| 82: | BLAIRMORE, AB | 0.022% |
| 83: | COALDALE, AB | 0.022% |
| 84: | MAYERTHORPE, AB | 0.022% |
| 85: | JASPER, AB | 0.022% |
| 86: | VERMILION, AB | 0.022% |
| 87: | GRIMSHAW, AB | 0.022% |
| 88: | PEERS, AB | 0.020% |
| 89: | FORT MACLEOD, AB | 0.020% |
Nearest Settlements
| 1 | Sangudo, Alberta |
| 2 | Whitecourt, Alberta |
| 3 | Peers, Alberta |
| 4 | Fox Creek, Alberta |
| 5 | Swan Hills, Alberta |
| 6 | Evansburg, Alberta |
| 7 | Alberta Beach, Alberta |
Age Demographics for Mayerthorpe Mortgage Applicants
Average age: 37
Oldest age: 54
Youngest age: 28
Incomes for Mayerthorpe Mortgage Applicants
The following depicts the average income of applicants living in Mayerthorpe who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Mayerthorpe: | $67,183.33 |
| applicants within all of Canada: | $60,490.19 |
| Difference: | $6,693.14 |
| mortgage co-applicants in Mayerthorpe: | $51,200.00 |
| co-applicants within all of Canada: | $43,700.44 |
| Difference: | $7,499.56 |
Note: Commercial loan amounts were not included for this section, only residential loans amounts were used.
Try Our Mortgage Calculator Now
Did you know that by increasing your down payment from 5% to 20% on a $500,000 home you can save yourself almost $11,000 in interest and over $13,000 in CMHC mortgage insurance premiums? Try the CanEquity mortgage calculator and find out how a simple change in your down payment amount can save you thousands of dollars.
Did you know? The average home loan in Deep River is:
Discover many more facts and statistics exclusively here at CanEquity Mortgage.
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Vernon.
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 29.21% | |
| First-time Home Buyer | 15.73% | |
| Refinance/Consolidate Debt | 15.73% | |
| New Purchase | 13.48% | |
| Mortgage Renewal | 11.24% | |
| No Money Down discontinued | 7.87% | |
| Other | 6.73% |
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