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Central Alberta Real Estate · Mortgage Rates
Canada Mortgage Rate History
Posted 1-, 3-, and 5-year fixed mortgage rates and the prime rate, from the Bank of Canada, since 1975.
Posted rates since 1975
Bank of Canada · weekly posted rates from Canada’s major chartered banks
Good to know: these are posted rates — the discounted rate you’d actually qualify for is typically 1.5–2% lower. Here are today’s discounted rates 👇
Source: Bank of Canada.
Today’s discounted rates
Best available rates, courtesy of Mortgage Connection
These are indicative discounted rates and change often — the rate you qualify for depends on your situation. Want the best rate for your purchase or renewal? Let me connect you with a trusted mortgage professional.
What actually moves your rate
The 5-year Government of Canada bond yield and the Bank of Canada policy rate
Rates are only half of affordability — what people earn is the other half. Oil prices, drilling activity and the local job market live on Alberta's economic engine, and local prices and supply on Alberta home price trends.