↓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.
5-year fixed · live from lender desks
Best 5-year fixed mortgage rates in Alberta.
4.29%*
5-year fixed · lowest live lender rate today
Set it. Forget it. Five years, no surprises.
The Hello take
Set it. Forget it. Five years, no surprises.
The autopilot. One payment, five years, no thinking. It's Canada's most popular term for a reason: lenders compete hardest here, so it's often the sharpest fixed rate on the shelf, and your budget doesn't care what the Bank of Canada does on a Wednesday.
Pick this if…
- You want the payment to be one less thing to think about
- You're stretching a little and can't absorb a jump
- You're buying a long-term home and value certainty over upside
Skip it if…
- There's a real chance you'll sell or break the mortgage early (the penalty math matters)
- You believe rates are heading meaningfully lower and want to catch it
- Your income is lumpy and you want maximum flexibility
Every lender, this term
Who's offering what.
Every 5-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
4.29% lowestTop lender · name on requestHello Mortgage Negotiated · Below Posted
4.29%Top lender · name on requestBroker-Negotiated · Below Posted
4.39%Top lender · name on requestBroker Channel Only · Not Available Direct · Promotional rate for new business only. No rate drops on promo rates.
4.39%Servus
4.39%ATB
4.44%Neo
4.54%Merix-Lendwise
4.54%CMLS
4.64%MCAP · Promo Rates for Amortizing Segment
4.69%First National
5.49%Wealth One
5.61%Fraction
6.49%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 nine-hundredths of a percent over the last 5 days, sitting at 3.54% today, but lenders are already repricing — 26 increases this week — as global pressure mounts. The US Federal Reserve is expected to hike this week, and that typically pulls Canadian bond yields higher even when our own economy is softer.
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
5-Year Fixed · this page4.24%$2,696 /mo—
5-year fixed mortgages, explained
The questions you're asking. And the ones you should be.
The best available 5-year fixed mortgage rate in Alberta is 4.29% 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 5-year fixed is the most popular term in Canada — locks your rate and payment for five years regardless of what the Bank of Canada does. You trade potential savings (if rates fall) for full certainty. Best for buyers who value predictable payments and don't want to think about rate moves for the next half-decade.
Shorter terms (1, 2, 3-year fixed) typically come with lower posted rates today but expose you to whatever rates are at renewal. Variable starts cheaper than 5-year fixed but moves with the BoC. The 5-year wins on certainty; shorter wins on optionality. We can run all four against your specific file and renewal timing.
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.4.59%
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 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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