Overview
Alberta Treasury Branch (ATB) currently offers competitive mortgage rates in Alberta, with a variety of fixed and variable options tailored for both high ratio and conventional borrowers. ATB also provides special incentives for new and switching clients, making it a strong choice for Alberta homeowners and buyers.
ATB Current Mortgage Rates (as of July–August 2025)
ATB Residential Mortgage Rates
| Term | High Ratio Rate | Conventional Rate | Rate First Mortgage (Lowest Rate) |
|---|
| 1 Year Fixed | 6.09% | 6.09% | N/A |
| 2 Year Fixed | 5.59% | 5.59% | N/A |
| 3 Year Fixed | 4.39% | 4.49% | N/A |
| 4 Year Fixed | 4.39% | 4.49% | N/A |
| 5 Year Fixed | 4.19% | 4.54% | 4.09% (high ratio) / 4.44% (conv) |
| 5 Year Variable | 4.30% | 4.60% | N/A |
- High Ratio: Less than 20% down payment (requires mortgage insurance)
- Conventional: 20% or more down payment (no default insurance required)
- Rate First Mortgage: ATB’s lowest available 5-year fixed rate; limited prepayment flexibility, not available for all mortgage types.
Prepayment Privileges
- ATB Residential Mortgage: Prepay up to 20% of the original mortgage per year, increase payments up to 20%
- Rate First Mortgage: Prepay up to 10% of the original mortgage per year, increase payments up to 10%
Incentives
- Up to $6,000 cash back or lowest rate for new clients
- Up to $7,500 value for switching your mortgage to ATB
Comparison: ATB vs. Other Alberta Lenders
| Lender | 5-Year Fixed | 5-Year Variable | Special Features |
|---|
| ATB | 4.09%–4.54% | 4.30%–4.60% | Up to $7,500 switch bonus |
| CIBC | 4.19% | n/a | National lender, large branch network |
| Scotiabank | n/a | 4.35% | Flexible term options |
| Best in AB* | 3.89%** | 4.35% | Niche lenders, insured only |
*Lowest rates are often for insured (high ratio) mortgages and may require specific qualifications.
**As of July 2025, best 5-year fixed insured rate in Alberta is 3.89%.
Alberta Mortgage Market Context (2025)
- Rates: Alberta’s 5-year fixed rates generally range from 3.89%–4.54% across lenders as of mid-2025. Variable rates are between 4.30%–4.60%.
- Market: Alberta’s average home price is $503,123 (July 2025). Calgary and Edmonton have distinct price points ($616,686 and $430,704, respectively).
- Trends: Fixed mortgage rates are influenced by bond yields, which have recently risen, while the Bank of Canada’s overnight rate is stable at 2.75%, supporting relatively lower variable rates.
- Forecast: Further rate cuts are possible in late 2025, potentially lowering variable rates by 0.5%.
Provincial Details and Regulations
- Alberta-specific: No provincial mortgage insurance, but all high ratio mortgages (<20% down) require federal CMHC insurance.
- ATB Exclusivity: ATB is a provincially regulated institution, serving Alberta residents only—mortgages must be for Alberta properties.
Additional Products and Features
- Home Equity Line of Credit (HELOC): ATB offers HELOCs for flexibility and emergency funding.
- Flexible Terms: Choose terms from 6 months to 7 years, with a variety of fixed and variable options.
- Pre-approval: Lock in your rate for up to 120 days with an ATB mortgage pre-approval.
How to Compare and Apply
For the most comprehensive and personalized mortgage rate comparisons—including ATB and all major lenders—use theratefinder. This platform allows you to:
- Compare rates for residential, commercial, and construction mortgages
- Access a multi-step application process
- Get personalized solutions from top Canadian lenders
Start your application at theratefinder.ca/onboarding/email for a tailored mortgage solution.
Summary and Next Steps
- ATB’s 5-year fixed Rate First Mortgage starts at 4.09% (high ratio) and 4.44% (conventional) as of July–August 2025.
- Incentives are available for switching or new mortgage clients.
- Alberta’s mortgage rates are competitive, with the lowest insured rates found through specialized brokers.
- Consider locking in a pre-approval to secure today’s rates.
- For a full market comparison and to find the optimal mortgage, begin your application at theratefinder.
Actionable Recommendation:
Compare ATB’s rates and incentives to other lenders using theratefinder, and consider a pre-approval to take advantage of current rate holds and cash-back offers.