In 2024, Edmonton's housing market is experiencing a dynamic shift, primarily due to changing interest rates. For homebuyers, staying informed on these fluctuations is crucial to making wise decisions. At Mortgage Route, we
Monday: 10 AM - 5 PM
Tuesday: 10 AM - 5 PM
Wednesday: 10 AM - 5 PM
Thursday: 10 AM - 5 PM
Friday: 10 AM - 5 PM
Saturday: Closed
Sunday: Closed
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Current Prime Rate is 7.20
Rates subject to change without notice. *O.A.C. E.& O.E.
| Terms | Bank Rates | Our Rates |
|---|---|---|
| 5 Year Adjustable (high ratio / no pre approvals) | 6.45% | 6.10% |
| 3 Year (fixed high ratio / Live deal) | 5.79% | 5.29% |
| 5 Year (fixed high ratio / 120 day hold / Live deal ) | 5.44% | 4.99% |
| 5 Year (fixed rate / high ratio – Borrowed down) | 5.64% | 4.99% |
| 2 Year (fixed high ratio) | 6.49% | 6.29% |
| 4 Year (fixed rate high ratio) | 5.69% | 4.99% |
| 5 Year (fixed rate refinance) | 6.49% | 5.79% |
| Auto Financing | 8.99% | 7.99% |
