↓Easing
−0.15% to −0.30% · within 1–3 business daysIf you're closing in the next 120 days, lock a rate this week before lenders reprice the bond drop out of the market.
2-year fixed · live from lender desks
Best 2-year fixed mortgage rates in Alberta.
4.49%*
2-year fixed · lowest live lender rate today
A short hop while the market sorts itself out.
The Hello take
A short hop while the market sorts itself out.
The short hop. Two years of certainty, then a renewal right about when the Bank of Canada should have finished whatever it's doing. It's the term for people who think rates are heading down but don't want to ride the variable rollercoaster to get there.
Pick this if…
- You want a known payment but expect to renew into something cheaper
- Your life has a two-year horizon—a move, a sale, a promotion
- You'd take a slightly higher rate today for a shorter commitment
Skip it if…
- You'd lose sleep over a renewal in 24 months
- You're stretching to qualify and need the cheapest payment now
- You want to set it and forget it
Every lender, this term
Who's offering what.
Compare our available 2-year fixed rates, lowest first. A great rate is a good start—but the right mortgage needs to fit your plans, too. We’ll help you understand which offers could work for you and what comes with them. The top few lenders are masked—they'd rather we didn't paste their pricing on the internet.
RateLender
4.49% lowestTop Canadian Credit UnionBroker Channel · Member-Eligible Pricing
4.64%Top Canadian LenderBroker Channel · Best Available Today
4.89%Top Canadian Monoline LenderBroker Channel Only · Not Available Direct · Limited-time 2-year special for new purchase or refinance business; minimum 680 beacon and no pre-approvals.
4.89%People's · Near Prime 680+
4.89%First National
4.99%UnionLink · Near Prime 720-900 beacon (1% lender fee)
4.99%MCAP
4.99%People's
4.99%Strive · Insurable Purchase/Transfer
4.99%RMG · Medical Professionals Program
4.99%Strive · Insured Purchase / Transfer
5.04%RFA
5.04%Tru Cooperative Bank · Extended Ratio / BFS Alternative Income
5.09%EQ Bank · Ruby Low LTV <50%
5.09%UnionLink · Near Prime 680-719 beacon (1% lender fee)
5.14%UnionLink
5.14%TD · $500k–$750k
5.19%People's · Investment Loan-Rentals
5.19%People's · Near Prime 640-679
5.19%EQ Bank · Ruby Low LTV <65%
5.19%Strive · Pre-Approval
5.29%RMG · Standard
5.29%UnionLink · Near Prime 640-679 beacon (1% lender fee)
5.34%EQ Bank · Diamond Low LTV <50%
5.34%Strive · Insured Purchase/Transfer
*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 Nov 4
The 5-year bond yield dropped 0.19% over the past five days, and 2-year fixed mortgage rates will follow in the next few days. The Bank of Canada is holding for now, worried that fuel costs could spread, but economists see one more hike early next year before a long plateau.
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
2-Year Fixed · this page4.49%$2,765 /mo—
2-year fixed mortgages, explained
The questions you're asking. And the ones you should be.
The honest answers.
The best available 2-year fixed mortgage rate in Alberta is 4.49% 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 2-year fixed gives you two years of locked payments — long enough to ride out short-term BoC moves, short enough to renew before a 5-year horizon. Typically chosen by buyers who expect rates to fall but want a bit more breathing room than a 1-year.
A 1-year is a more aggressive bet that rates fall fast. Variable is the most aggressive — it tracks Prime in real time. A 2-year fixed sits in between: you get certainty for two BoC announcement cycles before re-pricing. Worth comparing all three against today's spreads 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.
1-year fixedTwelve months and you're renegotiating.4.19%
3-year fixedEnough certainty to sleep. Short enough to come back to the table.4.49%
4-year fixedNobody's favourite. Occasionally the smartest.4.54%
5-year fixedSet it. Forget it. Five years, no surprises.4.49%
5-year variableRides Prime. Cheaper every time the Bank cuts.3.75%
Already in a variable?Lock in, or hold on? Let's run it.Run my numbers →
Straight from Google
Our clients say it better.
Hello Mortgage Team has over 150 ★★★★★ reviews!
Read our reviews on GoogleWorking with Matt to renew our mortgage was an exceptional experience for us, having only worked directly with the bank previously. So much so that at several points in the process my wife and I actually said to each other "I didn't realize this could be so easy!" The online system for gathering and sharing the necessary documents is incredibly easy to use, and Matt completely overcommunicated (complimentary) through the entire process. He was also incredibly responsive to any of the questions we had that he hadn't already anticipated us asking. Ultimately, working with Matt was an eye opening experience for us, and oh yeah...we got the best possible mortgage rate and terms we could've asked for. Would recommend Matt to any friend or stranger looking for a fantastic mortgage broker.
★★★★★— Jeff W.1 / 147
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