Mortgage Rates · Calgary
Today’s best mortgage rates in Calgary
The lowest rates a Calgary borrower can get from the 30+ lenders we work with, refreshed every business day from our own lender rate feed. We’re a Calgary mortgage broker based in Kensington.
Rates updated
Current Calgary mortgage rates by term
Insured is under 20% down, or a renewal of a mortgage that was insured. Insurable is 20% or more down on a home under $1 million with a 25-year amortization. Uninsured covers everything else, including every refinance. The full explanation of the three columns is on our Alberta mortgage rates page.
| Term | InsuredUnder 20% down · purchase or renewal | Insurable20%+ down · purchase or renewal · under $1M, 25-yr | Uninsured / refinanceRefinance · $1M+ · 30-yr · rentals (premium applies) |
|---|---|---|---|
| 1 Year Fixed | 4.74% | 4.89% | 4.89% |
| 2 Year Fixed | 4.49% | 4.59% | 4.64% |
| 3 Year Fixed | 4.44% | 4.69% | 4.74% |
| 4 Year Fixed | 4.54% | 4.79% | 4.84% |
| 5 Year Fixed | 4.64% | 4.74% | 4.89% |
| Variable Rate | 3.80% | 3.95% | 4.10% |
Rates updated November 9, 2026 Rates are the lowest we currently have access to for a well-qualified borrower in Alberta, are subject to change without notice and are subject to qualification. Insured = default-insured (under 20% down, or renewing a mortgage that was insured when you bought). Insurable = 20% or more down or equity, purchase price under $1 million, 25-year amortization. Uninsured = everything else, including every refinance; rental properties carry a further pricing premium.
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What if your bank said no?
The rates above assume a lender says yes. Plenty of Calgary files get declined at a bank branch and approved somewhere else, because each lender reads income, credit and property differently. That’s most of what we do. If your bank turned you down or offered less than you need, these pages explain how we place files like yours:
- Self-employed mortgages in Calgary: income that doesn’t fit a pay stub.
- Bad-credit mortgages in Calgary: late payments, collections, or a consumer proposal.
- New to Canada: work permits and little or no Canadian credit.
- Refinancing in Calgary: debt consolidation and equity take-out.
- Spousal buyouts: keeping the home after a separation.
- First-time buyers in Calgary: small down payments and first approvals.
Files like these sometimes start with an alternative lender at a higher rate than the table shows, with a plan to move back to these rates at renewal. We’ll tell you which route your file needs before you apply anywhere.
How much can I afford?
Your maximum purchase price under today’s stress test.
Affordability calculator →What will my payment be?
Check a specific Calgary home against your budget.
Home-purchase calculator →How much equity can I take out?
Up to 80% of your home’s value, less what you owe.
Refinance calculator →Calgary mortgage rate questions
Are mortgage rates in Calgary different from the rest of Alberta?
No. Lenders set mortgage rates by province, so a Calgary buyer and an Edmonton buyer with the same file get the same rate. Some regional lenders and credit unions only lend in Alberta, which can add options here that you would not have in other provinces.
Why might my rate be higher than the table?
The table shows our best rate for a well-qualified borrower. Your rate can be higher if you are in the insurable or uninsured column, take a 30-year amortization, buy a rental, or need an alternative lender because of credit or income. We will tell you which one applies and whether another lender changes it.
How often do you update these rates?
Every business day, from the rate bulletins our lenders send us. The date at the top of the page shows when the numbers were last confirmed.
Do you charge Calgary borrowers a fee?
Not for a standard residential mortgage with a prime lender. The lender pays us when the mortgage funds. Alternative and private mortgages can carry a fee, and we disclose it in writing before you commit.
Get the rate that fits your file
Two minutes to start online, or a 20-minute call with Josh to talk through your options.
Rates shown are the lowest currently available to us in Alberta for a well-qualified borrower, are subject to change without notice and are subject to lender qualification. This page is general information, not a commitment to lend. Mortgages for Less operates under INDI Mortgage; Josh Tagg is licensed by the Real Estate Council of Alberta.