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Mortgage Rates Alberta

Lowest Mortgage Rates in Alberta

See todays best mortgage rates with access to rates across the top banks and lenders in Alberta.

Current Mortgage Rates in Alberta

Name 2-Year Fixed 3-Year Fixed 4-Year Fixed 5-Year Fixed 5-Year Variable
BMO 7.34 6.95 6.74 6.79 6.7
CIBC 6.99 6.99 6.74 6.84 6.7
Nesto 5.84 4.79 4.89 4.34 5.4
Pine 6.24 4.24 4.54 4.34 4.75
RBC 5.89 5.09 4.99 4.94 6.1
Scotiabank 7.19 6.74 6.54 6.59 7.15
TD 7.34 5.22 6.74 5.12 6.19
True North 4.99 4.84 4.84 4.49 5.5

This table was last updated on December 21, 2024 rates are from the data available on each institution’s website.

These are the most up to date mortgage rates in Alberta which will help make sure you are able to get the best deal on your mortgage rates.

See a breakdown of the 5-year fixed mortgage rates in Alberta.

How to get the best mortgage rate in Alberta?

To find the best mortgage rates in Alberta, it is important to compare offerings across various mortgage lenders and banks. Having access to this information and being able to see at a glance who is offering the best mortgage rate will help you save thousands of dollars.

If your mortgage rate (calculated as mortgage amount / home value) is greater than 80% this is considered to be a high-ratio mortgage which will need to be insured.

Alberta land transfer taxes

It is important to take into consideration the cost of Alberta land transfer tax that will be charged based on the value of your home.

Alberta mortgage payments

The rate that you choose will have a great impact on your overall mortgage payments. You can see how your mortgage rate impacts the overall mortgage payment with our Alberta mortgage payment calculator.

Mortgage rates across Canada