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Home Mortgage Rates

Find the mortgage rate that’s right for you.

Looking for advice on your buying, building, or refinancing rate options? Talk To Us by clicking the tab above, or start your application online below and we’ll get back to you soon for an in-depth chat on your options. 

 

What’s the difference between closed and open fixed rate mortgages?

 

Fixed Rate Closed Mortgage: Your interest rate and payments remain the same throughout the mortgage term. This low-rate option saves you money on the cost of borrowing. You can only prepay or refinance based on the terms of your mortgage agreement, which can include a prepayment penalty

 

Fixed Rate Open Mortgage: Your interest rate and payments stay the same throughout the mortgage, and you can pay the mortgage in full or in part, renegotiate it, or renew it at any time without a penalty.

Fixed Rate Closed Mortgage

1 Year Closed

3.39%

2 Year Closed

3.64%

3 Year Closed

3.74%

4 Year Closed

3.69%

5 Year Closed

3.85%

7 Year Closed

3.99%

10 Year Closed

6.60%

Fixed Rate Open Mortgage

6 Month Open

7.25%

1 Year Open

7.25%

The Legal Stuff:

*Rates effective as of 3 October 2017. Terms and conditions apply. Rates are subject to change without notice. Specials offers may be changed, withdrawn or extended at any time, without notice. Rates are applicable to residential mortgages only and subject to First Calgary Financial lending criteria, fees and charges for residential properties. The advice on our website is prepared without knowing your personal objectives, financial situation or needs. Before you act on this or any advice, please consider if it's right for you, and reach out to our teams to help determine if the product is appropriate for you. Legal Terms of Use apply.