RatesJune 16, 2026 · 5 min read
Mortgage Rates Calgary 2026 — Best Fixed & Variable Rates
Best mortgage rates in Calgary for 2026. Average home $620K, up 7.2%. No land transfer tax. ATB Financial and Servus Credit Union vs national banks.
Calgary: Canada's Hottest Housing Market 2026
Calgary leads Canada's housing market in 2026 with 7.2% year-over-year price growth. Strong oil sector employment, interprovincial migration from Ontario and BC, and no provincial land transfer tax make Calgary extremely attractive for buyers.
Current Mortgage Rates in Calgary
| Term | Rate | Monthly ($620K, 20% down) |
|---|
| Variable | 3.35% | ~$2,460/mo |
| 3-Year Fixed | 4.75% | ~$2,750/mo |
| 5-Year Fixed | 4.89% | ~$2,820/mo |
No Land Transfer Tax: A Massive Advantage
Alberta has no provincial land transfer tax. A comparable $620K purchase in Ontario would cost $9,475 in LTT. In Calgary: $0. This money goes directly toward your down payment or closing costs.
Best Lenders in Calgary
- ATB Financial — Alberta-only crown corporation, competitive rates, strong local service
- Servus Credit Union — Alberta's largest credit union, often beats big banks
- Connect First Credit Union — Calgary-focused, strong community presence
Calgary Neighbourhoods and Prices
- Inner City (Mission, Beltline, Kensington): $500K–$1M+ condos and townhouses
- SW Calgary (Marda Loop, Lakeview): $650K–$1.2M detached
- NE/SE Calgary: $450K–$650K — best value, diverse communities
- Airdrie/Cochrane (commuter): $450K–$600K for larger homes
Use Our Free Mortgage Tools
Calculate payments, test affordability, compare rates, and connect with a licensed professional.
Go to Mortgage Tools →⚠️ This article is for informational purposes only. Not financial advice. Canada Mortgage Rates is not a licensed mortgage broker. Always verify with a licensed professional.
Related Articles