Mortgages

Promotional Mortgage Rates

Promotional Variable Mortgage (Rates effective 2018-11-16) Rates
5-Year Variable Closed 3.45%
Special promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Rate guaranteed for a maximum of 60 days. Rate guarantee does not apply to the Alterna prime rate. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate. Prime Refers to the Alterna Prime Rate. Alterna Prime Rate is 3.95% as of October 26, 2018. Your interest rate will change whenever the Alterna Prime rate changes. Rates calculated monthly not in advance. Maximum Amortization of 25 years. Maximum property value of $1,000,000. Funds must be advanced within 60 days of application. Applies to owner-occupied residential properties only. Some conditions apply. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date. Visit your local Alterna Savings branch or call us at 1-877-560-0100 for additional details.

Promotional Fixed Mortgages (Rates effective 2018-11-16) Rates
3-Year Fixed Closed 3.79%
5-Year Fixed Closed 3.89%
Special promotional rate may be changed or withdrawn at any time without notice. Cannot be combined with any other offer or discount. Assuming no additional fees are charged, the Annual Percentage Rate (APR) is the same as the Interest rate. Rates calculated semi-annually not in advance. Maximum Amortization of 25 years. Maximum property value of $1,000,000. Funds must be advanced within 120 days of application. Applies to owner-occupied residential properties only. Some conditions apply. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date. Visit your local Alterna Savings branch or call us at 1-877-560-0100 for additional details.

Posted Mortgage Rates

Fixed Rate Mortgages - Closed (Rates effective 2018-11-16) Rates
6-Month Fixed Closed 4.40%
1-Year Fixed Closed 3.69%
2-Year Fixed Closed 3.89%
3-Year Fixed Closed 4.59%
4-Year Fixed Closed 4.99%
5-Year Fixed Closed 5.34%
5-Year Fixed Closed - Cash Back 5.44%
7-Year Fixed Closed 5.84%
10-Year Fixed Closed 6.79%
Rates calculated semi-annually not in advance
Mortgage prepayment limited to 20% of the original mortgage principal balance.
Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date. These interest rates and terms are subject to change without notice.
Fixed Rate Mortgages - Open (Rates effective 2018-11-16) Rates
6-Month Fixed Open 7.35%
1-Year Fixed Open 6.70%
1-Year Fixed Open - Second Mortgage 7.00%
Rates calculated semi-annually not in advance
Open mortgages are open to prepayment.
Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.
These interest rates and terms are subject to change without notice. Posted mortgage rates.
Variable Rate Mortgages - Closed (Rates effective 2018-11-16) Rates
3-Year Variable Closed 4.15%
5-Year Variable Closed 4.15%
Rates calculated monthly not in advance.
Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date. These interest rates and terms are subject to change without notice.Posted mortgage rates.
Variable Rate Mortgage - Open (Rates effective 2018-11-16) Rates
3-Year Variable Open 4.95%
Rates calculated monthly not in advance. Posted mortgage rates.
Rates are subject to change without notice and are for information only. For details please contact us 
Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date. Posted mortgage rates.