Alberta mortgage rates
Mortgage rates landscape for Alberta borrowers — fixed, variable, insured, refinance, rental. Filter by term, type, and product class, and subscribe to alerts that will trigger once the live RatePulse feed goes live.
Rates shown are samples for layout only, not lender postings. Confirm any rate with the lender. Run your scenario or subscribe to rate alerts above.
How to read these Alberta mortgage rates
The rates shown above are postings from major Canadian lenders that are typically available to Alberta borrowers. Your final rate will depend on your full file — credit score, down payment, employment, property type, amortization — and may differ from the posted rate by 25-50 basis points either way.
Insured vs insurable vs uninsured
Posted rates differ by product class. Insured mortgages (less than 20% down) get the lowest posted rates because CMHC takes the default risk. Insurable mortgages (20%+ down meeting conventional criteria) are competitive. Uninsured mortgages (refinances, rentals, non-conforming) typically price 20-50 basis points higher.
The mortgage stress test in Alberta
Federally regulated lenders qualify Alberta borrowers at the higher of their contract rate + 2% or a 5.25% floor — the OSFI Guideline B-20 stress test. This is the same nationwide; Alberta doesn't have its own provincial overlay. Run the stress test calculator to see your qualifying payment.
Alberta has no land transfer tax
Alberta doesn't charge a formal land transfer tax — registration fees only, typically a few hundred dollars depending on price and mortgage value. This makes Alberta purchases meaningfully cheaper at closing than provinces with LTT (most notably Ontario, where Toronto buyers also face municipal LTT on top of provincial).
What affects the rate you actually get
- Credit score — sub-680 typically triggers a B-tier price; 740+ qualifies for the most aggressive A-tier postings.
- Loan-to-value — insured (less than 20% down) gets the best postings; uninsured 20-30% down often gets a small bump.
- Employment type — T4 with 2+ years at one employer prices best; self-employed (BFS) typically requires extra docs and may be priced slightly higher.
- Property type — owner-occupied detached prices best; condo, rental, and non-conforming properties may price higher.
- Amortization — 25-year insured is the default; 30-year is available to first-time buyers of new builds (2024 federal rule).
How to actually shop the rate in Alberta
Posted rates are starting points. The fastest way to know what you really qualify for is to run the affordability calculator with your real income + debts, then the stress test to see your qualifying payment. The rate you'll be quoted depends on your full file — use these tools first to set realistic expectations.
Other Canadian provinces
Rates pages for every other province + territory:
- British Columbia mortgage rates
- Saskatchewan mortgage rates
- Manitoba mortgage rates
- Ontario mortgage rates
- Quebec mortgage rates
- New Brunswick mortgage rates
- Nova Scotia mortgage rates
- Prince Edward Island mortgage rates
- Newfoundland & Labrador mortgage rates
- Yukon mortgage rates
- Northwest Territories mortgage rates
- Nunavut mortgage rates
See what you qualify for in Alberta
Posted rates are starting points. Run the calculators with your real numbers to see what you can actually borrow.