Best 5-Year Fixed
4.39%
Mortgage rates in Alberta
Updated June 25, 2026.
Alberta has no provincial land transfer tax — the cheapest closing province in Canada. The big six and ATB compete hardest in Calgary and Edmonton; provincial credit unions like Servus often beat them on smaller mortgages.
Rates shown are updated daily and are not an offer of credit. Actual rates require lender approval and may differ. Discounted rates are the bank's own published special-offer rates; a mortgage broker can often secure a lower rate than what's shown. See our methodology.
Best 3-Year Fixed
4.34%
Best Variable
3.80%
All lenders available in Alberta
Includes national lenders plus provincial credit unions and lenders operating in Alberta.
| Lender | 3-Year Fixed | 5-Year Fixed | Variable |
|---|---|---|---|
 ATB Financial Local | 4.34% | 4.39% | 3.80% |
 Tangerine | 4.44% | 4.49% | 4.00% |
 Servus Credit Union Local | 4.39% | 4.54% | — |
 TD Bank | 4.69% | 4.84% | 4.24% |
 BMO Bank of Montreal | 4.64% | 4.84% | 4.10% |
 CIBC | 4.64% | 4.84% | 3.95% |
 National Bank of Canada | 4.74% | 4.84% | 4.45% |
 RBC Royal Bank | 4.74% | 4.89% | 3.95% |
 Scotiabank | 6.05% | 4.90% | 5.95% |
Provincial credit unions and lenders
These lenders operate primarily in Alberta and don't appear in the national-only "All Canada" view on the home page. Provincially regulated credit unions are not bound by the federal stress test (B-20) at the same threshold, which can be an opening if you're close to the federal qualifying ceiling.
Land transfer tax in Alberta
Alberta is one of three provinces with no land transfer tax. Buyers pay only a small registration fee — typically $50 + $2 per $5,000 of value for the title transfer, plus a similar fee for the mortgage registration. On a $500,000 home expect total registration costs around $300, versus $5,000–$15,000+ in provinces that levy LTT.
First-time home buyer programs
Federal programs apply everywhere — the FHSA, RRSP Home Buyers' Plan, and federal Home Buyers' Tax Credit. The programs below are specific to Alberta.
- Land Title and Mortgage Registration Fees
Not a rebate, but worth knowing: registration fees are nominal in Alberta, so closing costs are dominated by legal fees and title insurance rather than LTT. Budget $1,500–$2,500 in legal/title vs $5,000+ LTT in Ontario.
Local notes
- ATB Financial is provincially owned (a Crown corporation), and Servus Credit Union is the largest credit union — both compete aggressively with the Big 6 in Alberta.
- Alberta credit unions are not federally regulated and may apply their own (sometimes looser) qualification standards. Useful if you're hitting the federal stress-test ceiling at a bank.
- National Bank has minimal branch presence in Alberta; if it shows up on your quote, it's almost certainly through a broker (the broker channel is one of NBC's biggest national wholesale operations).
- No HST on resale homes; new builds are subject to GST (5%). The legacy partial rebate phases out between $350,000 and $450,000; first-time buyers also qualify for the May-2025 federal expansion (full GST rebate up to $1M, partial to $1.5M).