Current Residential Mortgage Rates in Edmonton

If you’re looking for current residential mortgage rates in Edmonton, you’ve come to the right place. At Mortgage Route, we understand that finding the best rates and terms for your mortgage is essential to achieving your financial goals. That’s why our team of experienced mortgage professionals is here to help you navigate the process and find the best rates for your unique needs.

It is important to compare rates from different lenders. You can use a mortgage calculator to estimate your monthly payments and see how different rates will affect your overall costs.

If you have a good credit score and are able to make a large down payment, you may be able to get a lower interest rate. If you are on a tight budget, you may want to consider a shorter mortgage term or a variable-rate mortgage.

Once you have chosen a mortgage, it is important to make sure that you understand the terms and conditions of your loan. You should also make sure that you can afford the monthly payments.

Some factors that can affect your mortgage rate:

  • Your credit score
  • The amount of money you are borrowing
  • The length of your mortgage term
  • The type of mortgage you choose

When it comes to finding the best rates on your residential mortgage, there are several factors to consider. These include your credit score, income, employment history, and the value of the property you’re looking to buy. Our team will help you assess these factors and find the best rates and terms for your unique needs.

At Mortgage Route, we’re committed to providing exceptional customer service. We’ll guide you through the entire process from start to finish, answering any questions you have and ensuring that you have all the information you need to make informed decisions.

So if you’re looking for current residential mortgage rates in Edmonton, trust the experts at Mortgage Route. Contact us today to learn more about our services and how we can help you find the best rates and terms for your unique needs.

Thank you for submitting your request for a free quote. We will be in touch soon! If you have any questions or concerns call 780-802-4845 - Mortgage Route Team

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%