Alberta Mortgage Rates

Mortgage rates in Alberta are the national rates the rest of Canada sees. What is specific to Alberta is the cost of closing: the province charges land titles registration fees on the transfer and on the mortgage instead of a percentage land transfer tax. This page covers today’s rates, those fees, and lenders that serve the province. For rates across the country, see the mortgage rates hub.

Rates and the payment on an average Calgary home

Alberta borrowers see national rates; the Bank of Canada series has no Alberta breakdown. As of September 30, 2026 its posted 5-year conventional rate was 6.09%. The chartered banks’ average on the uninsured fixed-rate mortgages of five years and over they funded, including renewals and refinancing, was lower, 4.49% in July 2026, and 4.05% for insured loans. For prices, this page uses the figures of Alberta’s two largest real estate boards: the average residential sale price was $646,198 in the City of Calgary (Calgary Real Estate Board, September 2026) and $466,080 in the Greater Edmonton Area (REALTORS Association of Edmonton, September 2026) (see the Alberta housing market report). Putting 20% down on the Calgary average and amortizing over 25 years at the uninsured average rate gives a monthly payment of about $2,858.

For the difference between advertised and offered rates, see 5-year fixed mortgage rates; variable mortgage rates move with the prime rate; getting a lower mortgage rate covers comparing offers. The rate you qualify at under the mortgage stress test is higher than your contract rate (for an insured mortgage at any lender, and for an uninsured one at a federally regulated lender).

Registration fees instead of a land transfer tax

Alberta has no land transfer tax. Alberta Land Titles charges two registration fees when you buy with a mortgage, under the fee schedule effective October 1, 2026:

The Alberta land transfer tax calculator works out both fees, and Alberta closing costs adds legal fees and the other costs of closing. For comparison, Ontario’s land transfer tax on the Calgary average price above would be $9,399 before any first-time buyer refund (see Ontario mortgage rates).

With no land transfer tax, there is no provincial land transfer rebate for first-time buyers to claim. Alberta’s other buying steps are in the Alberta first-time buyer guide; federal help for a first purchase, such as the FHSA, the Home Buyers’ Plan and the home buyers’ tax credit, is covered in first-time home buyer programs.

Lenders in Alberta

Besides the national banks, lenders that serve Alberta and offer mortgages include:

• ATB Financial
• Servus Credit Union, which former connectFirst Credit Union members now bank with

Credit unions and ATB set their own rates, so they are worth including when you compare offers; getting a lower mortgage rate covers how to compare lenders, and rate holds covers locking a rate while you shop.

Other provinces

Rates are national, so purchase taxes are where provinces differ. Saskatchewan also charges land titles fees rather than a land transfer tax, while British Columbia and Manitoba charge percentage transfer taxes.

Tools

• Alberta mortgage calculator
• Calgary mortgage calculator
• Edmonton mortgage calculator
• Alberta land transfer tax calculator
• Mortgage affordability calculator