↓Easing
−0.15% to −0.25% · within 1–3 business daysLock a fixed rate this week if you're closing in the next 120 days—bond yields are down sharply and lenders will reprice lower in days.
3-year fixed · live from lender desks
Best 3-year fixed mortgage rates in Alberta.
4.49%*
3-year fixed · lowest live lender rate today
Enough certainty to sleep. Short enough to come back to the table.
The Hello take
Enough certainty to sleep. Short enough to come back to the table.
The fence-sitter—in the best way. Three years is long enough that a payment doesn't change while your life does, and short enough that you're renewing before the next full rate cycle. Lenders price it keenly, which is why it's become the most-asked-about term in Alberta.
Pick this if…
- You want a fixed payment but think rates drift lower over the next few years
- Your plans past 2029 are genuinely unknown
- You like having options without paying variable-rate nerves for them
Skip it if…
- You're certain you'll be in this home a decade and want the longest lock
- The 5-year is pricing meaningfully lower today
- You want to ride rate cuts in real time
Every lender, this term
Who's offering what.
Compare our available 3-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 LenderBroker Channel · Best Available Today
4.59%Top Canadian Credit UnionBroker Channel · Member-Eligible Pricing
4.64%Top Canadian Specialty LenderHello Mortgage Featured · Broker Channel
4.69%People's
4.69%CMLS · Quick Close
4.75%UnionLink
4.79%Neo
4.79%RMG · Standard
4.79%MCAP
4.79%Strive · Insurable Purchase/Transfer
4.79%Strive · Insured Purchase / Transfer
4.79%RMG · Borrowed Down Payment
4.79%RMG · Medical Professionals Program
4.79%Radius
4.79%Merix-Lendwise
4.84%RFA
4.84%ATB · Standard
4.89%People's · Investment Loan-Rentals
4.94%First National
4.99%Strive · Pre-Approval
4.99%Merix-Lendwise · MERIX Upfront
4.99%RMG · 3 year Promo
5.04%Strive · Insured Purchase/Transfer
5.09%Tru Cooperative Bank · Extended Ratio / BFS Alternative Income
5.09%UnionLink · Near Prime 720-900 beacon (1% lender fee)
*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 0.16% over five days, and 3-year fixed rates are headed lower in the next few days as lenders reprice. The Bank of Canada raised by a quarter point last week but signalled it will move carefully—one more hike is likely early next year, then a long hold.
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
3-Year Fixed · this page4.49%$2,765 /mo—
3-year fixed mortgages, explained
The questions you're asking. And the ones you should be.
The honest answers.
The best available 3-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 3-year fixed is the most common middle-ground term in Canada — locks your payment for three years, then renews. Often the best blend when fixed rates are higher than you'd like but variable feels too risky. Popular choice when buyers expect a couple of cuts but don't want to gamble.
A 5-year locks you in longer and usually carries a slightly higher rate than a 3-year. The 3-year wins when you expect rates to be lower at renewal in 36 months than the 5-year rate today. The 5-year wins when you value stability above all else. Run the numbers — we can model both against your 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%
2-year fixedA short hop while the market sorts itself out.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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