RateLens, Daniel De Sousa, Mortgage Associate, Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage

Rates · September 21, 2026

Alberta mortgage rates

Alberta mortgage rates

Every rate here shows its APR, the conditions that apply and when we last checked it. Daniel De Sousa, a licensed mortgage associate with Indi Mortgage, will quote the rate you’d get.

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What moves fixed rates

5-year Government of Canada bond yield

3.54%down 0.06 since the previous day

Jul 10Oct 9
5-year Government of Canada bond yield, last 90 days
DateYield
2026-07-103.13%
2026-07-133.19%
2026-07-143.18%
2026-07-153.14%
2026-07-163.15%
2026-07-173.18%
2026-07-203.18%
2026-07-213.16%
2026-07-223.22%
2026-07-233.28%
2026-07-243.22%
2026-07-273.19%
2026-07-283.16%
2026-07-293.19%
2026-07-303.19%
2026-07-313.27%
2026-08-043.17%
2026-08-053.17%
2026-08-063.22%
2026-08-073.26%
2026-08-103.34%
2026-08-113.32%
2026-08-123.30%
2026-08-133.23%
2026-08-143.28%
2026-08-173.31%
2026-08-183.29%
2026-08-193.30%
2026-08-203.35%
2026-08-213.36%
2026-08-243.28%
2026-08-253.22%
2026-08-263.26%
2026-08-273.30%
2026-08-283.34%
2026-08-313.33%
2026-09-013.35%
2026-09-023.42%
2026-09-033.41%
2026-09-043.40%
2026-09-083.44%
2026-09-093.48%
2026-09-103.63%
2026-09-113.65%
2026-09-143.65%
2026-09-153.65%
2026-09-163.64%
2026-09-173.54%
2026-09-183.59%
2026-09-213.57%
2026-09-223.54%
2026-09-233.69%
2026-09-243.69%
2026-09-253.65%
2026-09-283.68%
2026-09-293.69%
2026-10-013.62%
2026-10-023.60%
2026-10-053.63%
2026-10-063.59%
2026-10-073.60%
2026-10-083.60%
2026-10-093.54%

Lenders price 5-year fixed mortgages off this yield, so when it falls, fixed rates usually follow within days. Source: Bank of Canada, Oct 9.

5-year fixed · Uninsured · Purchase or switch

4.09%

APR4.14%

Payment$2,655/mo

Lender
Chartered bank, named in your quote
Rate hold
Up to 120 days
Who it’s for
20% or more down, or a refinance.
Example
$500,000, 25-year amortization, monthly payments, owner-occupied, no lender or brokerage fees. O.A.C. Rates can change without notice.

These are our published rates. Lenders sometimes offer Daniel better pricing for a strong file that they don't let us advertise, so your quote may come in lower than what you see here. It can also come in higher, depending on your credit, down payment and property.

Last checked September 21, 2026 at 9:00 a.m. MT

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Edmonton office

4990 92 Ave NW #105

RECA licensed

Daniel De Sousa, Mortgage Associate · Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage. Verify our licence on RECA ProCheck(opens in a new tab)

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Daniel De Sousa, Mortgage Associate, is licensed by the Real Estate Council of Alberta (RECA) and registered with Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage, a mortgage brokerage licensed by RECA. Verify our licence on RECA ProCheck(opens in a new tab)

All rates

Today's rates by term, with the monthly cost

Each row shows the rate, its APR and the monthly payment for every $100,000 you borrow over 25 years.

Get your rate
Today's featured mortgage rates, with the monthly payment per $100,000 borrowed
TermTypeRateAPRInsured statusPayment / $100kAction
5 yearfixed3.89%3.94%Insured$520Get this rate for the 5-year fixed at 3.89%
5 yearfixed4.09%4.14%Uninsured$531Get this rate for the 5-year fixed at 4.09%
5 yearvariablePrime − 0.90%3.55%3.60%Insured$503Get this rate for the 5-year variable at 3.55%
3 yearfixed3.79%3.84%Insured$515Get this rate for the 3-year fixed at 3.79%
2 yearfixed4.24%4.29%Insured$539Get this rate for the 2-year fixed at 4.24%

Rates shown are current as of September 21, 2026 at 9:00 a.m. MT and are subject to change without notice. Rates are available on approved credit (O.A.C.) only, are subject to the terms and conditions of the applicable lender, and may vary based on your credit history, income, down payment or equity, loan-to-value, property type and location, occupancy, amortization, and whether the mortgage is insured, insurable or uninsured.

Annual percentage rates (APR) shown assume a mortgage amount of $500,000, an amortization of 25 years with monthly payments, and include no lender or brokerage fees. Fixed rates are compounded semi-annually, not in advance, as required under section 6 of the federal Interest Act; variable rates are compounded monthly. Payment figures exclude property taxes, heating, condominium fees and default insurance premiums unless stated. Insured rates require mortgage default insurance and are available only on qualifying transactions.

Rates may contain errors or omissions and do not constitute an offer of credit, a rate hold or a pre-approval. Not all applicants will qualify. Contact Daniel De Sousa, Mortgage Associate, to confirm the rate available to you. Daniel De Sousa is licensed by the Real Estate Council of Alberta (RECA) and registered with Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage.

See all rates →Get an alert when rates change →

How we show a rate

What every rate on RateLens shows

  • The APR beside the rate

    The APR sits next to every rate in the same colour, worked out on a stated example. Alberta's cost-of-credit rules ask for this, and it's the fastest way to compare offers.

  • The conditions that apply

    Insured or uninsured, the down payment it needs, the rate hold and the example it's priced on. If a rate only applies with less than 20% down, the label says so.

  • When we checked it

    Each table carries the date and time we last checked lender rates. A rate checked more than a day ago is marked, so you never mistake it for today's.

Calculators

Run the numbers yourself

Move the sliders to see your payment, with the stress test and default insurance included.

10.00%

10.00% of the price. The federal minimum on $500,000 is $25,000.

Pre-filled at 3.89% (our published insured 5-year fixed). Edit the rate to model your own.

Step 1 percent

Your payment

$2,413/mo

25-year amortization · $463,950 mortgage · monthly payments

You’d be qualified at
5.89%
A payment of $2,938/mo is the one a lender tests you against.
Default insurance premium
$13,950
Your down payment is under 20%, so a premium of 3.10% of the mortgage is added to it. Alberta doesn’t charge sales tax on the premium.
Compounding
Semi-annual, not in advance
Frequency
Monthly
Province
Alberta
Excludes
Property tax, heat, condo fees

That’s your payment at this rate. Daniel can check what lenders would offer you today.

Ask Daniel for your rateOpen the full calculator →

No credit check, and no commitment.

This calculator provides estimates only. Results are based on the information you enter and on assumptions that may not reflect your actual qualification, rate or costs. These include semi-annual, not-in-advance compounding for fixed rates, as required under section 6 of the federal Interest Act, and the mortgage default insurance premium tiers published by CMHC, Sagen and Canada Guaranty. It is not mortgage advice, a quote, a rate hold, a pre-approval or an offer of credit, and RateLens does not guarantee its accuracy or completeness. Your actual rate, payment, default insurance premium and closing costs will depend on your credit profile, income, the property, the lender’s current rates and policies, and other factors confirmed during a full application.

Qualifying rate methodology: you are qualified at the higher of your contract rate plus 2 percentage points or the 5.25% minimum qualifying rate, in accordance with OSFI Guideline B-20. The stress test does not apply to a straight renewal with your existing lender, and since November 2024 does not apply to an uninsured straight switch. Lender debt-service ceilings shown (GDS 39% / TDS 44%) are insurer guidelines; individual lenders may apply higher or lower limits at their discretion.

Premiums shown approximate the published premium schedules of CMHC, Sagen and Canada Guaranty and are subject to each insurer’s current rate sheet. They are not guaranteed by RateLens. No provincial sales tax applies to the premium in Alberta. In Ontario, Quebec, Saskatchewan and Manitoba, PST on the premium is payable in cash at closing and cannot be added to the mortgage. Default insurance is not available on properties priced at or above $1,500,000.

Rules snapshot: September 21, 2026. Rates shown are calculation assumptions, not confirmed offers. Speak with Daniel De Sousa, Mortgage Associate, for a personalized quote. Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage, a licensed mortgage brokerage licensed by RECA.

Mortgage paymentAffordabilityStress testRenewal comparisonClosing costsMortgage penalty (IRD)See all 21 calculators →

Today’s featured rate, 3.89%, pre-fills the tool. You can see the result and download a PDF summary without giving us your email.

Mortgages

Rates and guides by mortgage type

  • Best for: your first or your next

    Buying a home

    Get pre-approved before you make an offer.

  • Best for: the letter on your kitchen table

    Renewing

    Compare your renewal offer before you sign it.

  • Best for: consolidating, renovating, investing

    Refinancing

    Borrow up to 80% of your home's value.

  • Best for: doing this for the first time

    First-time buyer

    Use the FHSA, Home Buyers' Plan and tax credits together.

  • Best for: T2125, dividends, and a bank that said no

    Self-employed

    Lenders who look past your Notices of Assessment.

  • Best for: a safety net you can draw on

    HELOC

    Only pay interest on what you use.

See all 21 mortgage types →Why use a broker? →Alberta has no land transfer tax →

FAQ

Common questions

Can’t find yours? Call (825) 797-5417.

See all FAQs →Mortgage glossary →

Does getting a rate quote affect my credit score?

No. The two-minute rate quote doesn’t touch the credit bureaus. If you move on to a full pre-approval, we ask your permission before running a soft credit check. A soft check doesn’t affect your score, and other lenders can’t see it. A hard check only happens after you’ve chosen a lender and told us to go ahead.

What does a quote cost me?

Nothing, on a standard residential mortgage. The lender you choose pays Indi Mortgage a finder’s fee when your mortgage funds. The fee doesn’t change your rate, and it’s the same whichever lender you pick, so we have no reason to steer you. Some private and alternative mortgages do carry a broker fee. If yours does, we’ll tell you the dollar amount in writing before you sign anything. How we’re paid →

How long does this take?

The rate quote takes about two minutes. A full pre-approval is 10 to 12 minutes of questions. After that, Daniel De Sousa calls you within 5 minutes during office hours (Monday–Friday, 9:00 a.m.–5:00 p.m. MT), or first thing the next business morning. A pre-approval with a rate hold usually comes through within one business day. Closing follows your lawyer’s timeline, usually 30 to 60 days after your offer is accepted.

Am I locked into anything by getting a quote?

No. A rate quote is an estimate. A pre-approval holds a rate for up to 120 days, and you’re free not to use it. Nothing is binding until you sign a mortgage commitment with a lender, and we’ll go through it with you before you do.

Does Alberta have a land transfer tax?

No. Alberta is one of the few provinces without one, and it’s the biggest cash difference between buying here and buying in Ontario or BC. Instead, you pay Land Titles Office registration fees: $50 plus $5 for every $5,000 of value, charged once on the property transfer and again on the mortgage registration. On a $500,000 home with a $400,000 mortgage that’s $550 + $450 = $1,000. The same purchase costs about $6,475 in provincial land transfer tax in Ontario, or about $12,950 in Toronto once the municipal tax is added.

The fees went up on 20 October 2024. They used to be $2 per $5,000 on a transfer and $1.50 on a mortgage, and many websites still quote the old numbers. With no tax, there’s also no first-time buyer rebate to apply for. Calculate your Alberta closing costs →

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