↓Easing
−0.15% to −0.20% · within 2–3 business daysIf you're closing in the next 120 days, lock a hold this week—rates may ease further as bond yields settle.
1-year fixed · live from lender desks
Best 1-year fixed mortgage rates in Alberta.
4.59%*
1-year fixed · lowest live lender rate today
Twelve months and you're renegotiating.
The Hello take
Twelve months and you're renegotiating.
The sprinter. You're not locking anything in—you're buying yourself a year to see where rates land, then coming straight back to the table. It usually prices above the longer fixed terms, so you're paying a little for the option to move fast.
Pick this if…
- You expect rates to be lower a year from now and want to catch that drop
- You're selling or refinancing within 12–18 months and don't want a penalty
- You'd rather re-shop the whole market next year than guess today
Skip it if…
- You want to stop thinking about your mortgage
- A payment jump at renewal would hurt
- You're buying with less than 20% down and want the sharpest insured pricing
Every lender, this term
Who's offering what.
Every 1-year fixed rate on our desks today, lowest first. The top few lenders are masked—their pricing is negotiated, and they'd rather we didn't paste it on the internet. Ask and we'll tell you exactly who.
RateLender
4.59% lowestTop lender · name on requestBroker Channel Only · Not Available Direct · 1 Year Special at 4.59% for new business only, minimum 680 beacon for main income earner, no pre-approvals, available for LTV discounts.
4.59%Top lender · name on requestBroker-Negotiated · Below Posted
4.64%Top lender · name on requestHello Mortgage Negotiated · Below Posted
4.69%Servus
4.84%RFA Alt-A
4.85%Wealth One
5.04%CMLS · Aveo Traditional Promotion
5.54%Fraction
6.14%Neo
6.14%MCAP
6.24%Haventree
*Lowest available today for well-qualified borrowers. Your rate depends on down payment, credit and property—we'll tell you which one is yours.
Rate forecast · this term
Where it's heading.
Our crystal ball is mostly spreadsheets. Every morning, we read the bond yields, the lender rate sheets and the analyst emails, then write down what we think—and post it publicly, so you can check our work.
Hello Mortgage InsightsUpdated Sep 21
Bond yields have eased 0.09% over the last five days, and fixed mortgage rates should follow in the coming days—best 5-year fixed sits at 4.24% today. Variable rates are holding at 3.55%, steady until the Bank of Canada's next call on Oct. 28, where a hold is most likely unless October inflation numbers or the Q3 Business Outlook Survey show gasoline costs spilling into core prices.
Versus the alternatives
Same $500k mortgage. Every term.
Monthly payments over 25 years on today's lowest rate for each term—so you can see exactly what the certainty (or the flexibility) costs.
TermLowest todayMonthlyvs this page
1-Year Fixed · this page4.59%$2,792 /mo—
1-year fixed mortgages, explained
The questions you're asking. And the ones you should be.
The best available 1-year fixed mortgage rate in Alberta is 4.59% as of today. Rates update live as our lender desks email new pricing. Your actual rate depends on your credit score, down payment, and property type — inquire for a personalized quote.
A 1-year fixed is a tactical hedge — you lock today's rate for just one year, then renew. Canadian buyers usually pick this when they expect the Bank of Canada to cut rates over the next 12 months and they want to capture a lower rate at next year's renewal without taking on the month-to-month rate risk of variable.
Going longer (3 or 5 years) trades flexibility for certainty. A 1-year is the right call only if you're confident rates will be lower at renewal — otherwise you're absorbing renewal costs and risk for marginal savings. We can run both paths against your renewal date and tell you which one wins on your specific file.
We pull live rates from our broker-desk lenders across Canada and match them to Alberta buyers and homeowners. Unlike sites that show bait rates, every rate here is bookable today with a pre-approval — filtered to what you actually qualify for.
Most best-available rates require a credit score of 680+, stable income, and a 20% down payment (or insured with 5%+). If your situation is different, we can still find the best rate you qualify for — we work with specialty lenders for unique scenarios.
Fixed rates track 5-year Government of Canada bond yields and can move a few times per week. Our insights refresh whenever lenders email new pricing.
Yes. Most lenders offer a 120-day rate hold with pre-approval — meaning you lock today's rate for up to four months while you shop for a home. If rates drop in that window, you get the lower one. If they rise, you keep your locked rate.
Big-bank posted rates are marketing numbers — you'd never actually pay that. What we show are real broker-channel rates from the same Canadian lenders, often 0.50–1.50% below the posted rates you'd be quoted walking into a branch.
Other terms
Meet the rest of the flock.
2-year fixedA short hop while the market sorts itself out.4.19%
3-year fixedEnough certainty to sleep. Short enough to come back to the table.4.04%
4-year fixedNobody's favourite. Occasionally the smartest.4.29%
5-year fixedSet it. Forget it. Five years, no surprises.4.24%
5-year variableRides Prime. Cheaper every time the Bank cuts.3.55%
Already in a variable?Lock in, or hold on? Let's run it.Run my numbers →
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