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30 Oct 2024

How Interest Rates Are Shaping Homebuyers’ Decisions in Edmonton

In 2024, Edmonton's housing market is experiencing a dynamic shift, primarily due to changing interest rates. For

15 Oct 2024

Should You Choose a Short-Term or Long-Term Mortgage 

When it comes to selecting a mortgage, the decision between a short-term and long-term option can have

01 Oct 2024

Mortgage Route’s Guide to Reverse Mortgages for Edmonton Vacation Properties in Edmonton 

Owning a vacation property in Edmonton is not only a great way to enjoy getaways but also

15 Sep 2024

Essential Documents You Need for a Mortgage in Canada

Securing a mortgage can be a complex process. To help you navigate through it smoothly, we've compiled

30 Aug 2024

Alternate Lending: Explore Mortgage Opportunities with B Lenders in Alberta

Traditional mortgage application processes can sometimes feel restrictive, particularly for those with non-standard employment or credit situations.

15 Aug 2024

Building a Stellar Credit Score for Mortgage Approval in Canada | Mortgage Route

Having a strong credit score is essential for achieving your dream of homeownership in Alberta. Mortgage lenders

30 Jul 2024

Mortgage Solutions for Newcomers in Canada: Unlocking Homeownership in Edmonton 

Moving to Canada is an exciting adventure, and for many newcomers, homeownership is a key part of

15 Jul 2024

Commercial Mortgages in Canada: A Guide for Edmonton Investors & Business Owners 

Owning or investing in commercial real estate in Edmonton presents exciting opportunities for business ventures and wealth

30 Jun 2024

Edmonton Mortgage Refinancing: A Homeowner’s Guide to Lower Rates & Payments

As a homeowner in Edmonton, your mortgage is likely your biggest financial commitment. Refinancing your mortgage can

15 Jun 2024

Understanding Private Mortgages: Key Benefits, Eligibility, and Tips for Navigating the Process in Edmonton

Traditional mortgages offered by banks and credit unions are a well-established path to homeownership. However, for some

30 May 2024

Edmonton Mortgage Renewal: Secure the Best Rates with Mortgage Route

As a homeowner in Edmonton, approaching your mortgage renewal can be a stressful time. Interest rates fluctuate,

15 May 2024

Owning vs. Renting in Edmonton: Making the Right Choice for First Time Home Buyers

Finding a place to live is a significant decision, especially in a vibrant city like Edmonton. Whether

30 Apr 2024

Why Getting Pre-Approved for a Mortgage is Essential for Edmonton Homebuyers

The Edmonton housing market is a dynamic and exciting place to be a prospective buyer. With a

15 Apr 2024

Owning Your Dream Home in Edmonton: Mortgage Route’s Guide for Newcomers to Canada

Welcome to Edmonton, Alberta! As a newcomer to Canada, settling into a new city and achieving homeownership

30 Mar 2024

Leveraging Home Equity for Financial Triumph in Edmonton

Imagine transforming your Edmonton home's equity into a springboard for financial success. That's the power of Mortgage

15 Mar 2024

High Rates Got You Down? Edmonton Mortgage Renewal Made Simple with Mortgage Route

The specter of high-interest rates can cast a shadow over anyone's mortgage renewal. But in Edmonton, you

29 Feb 2024

Strategic Investing in Edmonton: Mortgage Route’s Roadmap to Commercial Property Loans and Proven Success Strategies

Edmonton's dynamic real estate landscape presents exciting opportunities for investors seeking to capitalize on commercial properties. However,

15 Feb 2024

Reimagining The Funding Journey: Mortgage Route’s Guide to Alternative Lending in Edmonton

Unconventional paths often lead to extraordinary destinations. Whether you're a budding entrepreneur, a seasoned investor, or a

30 Jan 2024

Exploring Mortgage Options: Why Edmonton Homebuyers Should Seek Professional Mortgage Support

Buying your first home involves understanding different mortgage choices, each with its perks and complexities.   Seeking professional

15 Jan 2024

Unlocking the Door to Your Dream Home: How a Mortgage Broker can Help First-time Home Buyers in Edmonton

You know that feeling when you dream about having your very own house? Lots of people feel

30 Dec 2023

Navigating Future Mortgage Rates in Edmonton Area with Mortgage Route

In the dynamic landscape of real estate, staying ahead is not just an advantage but a necessity.

15 Dec 2023

Decoding Hidden Policies: A Deep Dive into Your Mortgage Agreement with Mortgage Route

At Mortgage Route, we believe that knowledge is empowerment, especially when it comes to the often opaque

30 Nov 2023

Mastering Mortgage Hurdles: Strategies to Overcome the Biggest Challenges with Mortgage Route in the Edmonton Area

Overcoming Challenges with Mortgage Route  Embarking on the journey to secure a mortgage in the vibrant real

15 Nov 2023

Navigating Investment Choices: Condo vs. House Opportunities in the Edmonton Area with Mortgage Route

In the dynamic real estate landscape of the Edmonton Area, choosing between investing in a condo or

29 Oct 2023

Mortgage Renewal and Refinance Solutions in Edmonton with Mortgage Route

As a trusted mortgage provider in Edmonton, Mortgage Route understands that renewing or refinancing your mortgage can

27 Sep 2023

Navigating the Complex Mortgage Market: How We Can Help You

Are you feeling overwhelmed by the complex mortgage market? You're not alone. With so many options and

20 Sep 2023

Save Time and Money on Your Mortgage Renewal in Edmonton with Mortgage Route

Are you considering a mortgage renewal in Edmonton? If so, you may be wondering if it's worth

13 Sep 2023

Why You Should Consider Commercial Mortgages in Edmonton

Commercial mortgages play a crucial role in starting or expanding your business. It is considered as a

06 Sep 2023

How Mortgage Broker Services in Edmonton Lead to Cost Savings

Navigating the intricate landscape of mortgages can feel overwhelming in the ever-evolving world of real estate. Whether

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Current Prime Rate is 7.20

Rates subject to change without notice. *O.A.C. E.& O.E.

TermsBank
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 Financing8.99%7.99%