Current Mortgage Rates in Alberta
These are our current mortgage rates in Alberta, they are updated daily to reflect the best mortgage deals in the Alberta market. They are fully discounted wholesale mortgage rates, so there is no need to negotiate them further. If you pay more than this, you are paying too much. For private and sub-prime mortgage rates, you need to discuss your situation with a broker directly, as these rates vary depending on the deal. Cash back mortgages depend on the percentage of cash taken and the lender, so please contact for details.
|Mortgage Terms||Posted Bank Mortgage Rates||RateDeals.ca|
|Variable Rate- High Ratio||3.20%||2.35%|
|1 year Fixed - High Ratio||3.49%||2.74%|
|2 Year Fixed - High Ratio||3.09%||2.54%|
|3 Year Fixed - High Ratio||3.39%||2.65%|
|4 Year Fixed - High Ratio||3.89%||2.94%|
|5 Year Fixed- High Ratio||4.84%||2.94%|
|5 Year Fixed - No Frills||4.84%||2.94%|
|5 Year Fixed - Conventional||4.84%||3.04%|
|10 Year Fixed||5.79%||3.74%|
|Bank of Canada Qualifying Rate||4.84%||4.84%|
Please Note: These rates quoted are for high ratio mortgages. Conventional mortgages often carry higher interest rates. All rates you find online will also be high ratio quotes, due to the tiered structure of mortgage rates today.
You may occasionally come across lower rates online from our competitors, however even though we have access to these rates, we do not advertise any ‘No Frills Mortgages‘ that we would not recommend for our clients.