Red Deer Mortgage Rates
As of June 7, 2023, 4:47 PM ET
WOWA Trusted and Transparent
Lowest Mortgage Rates in Red Deer
As of June 7, 2023
| Term | ||
|---|---|---|
| 1-Year Fixed | 5.89% | 6.57% |
| 2-Year Fixed | 5.29% | 6.15% |
| 3-Year Fixed | 4.99% | 5.39% |
| 4-Year Fixed | 4.94% | 5.32% |
| 5-Year Fixed | 4.59% | 5.23% |
| 3-Year Variable | 6.20% | - |
| 5-Year Variable | 5.55% | 6.49% |
All Mortgage Rates in Red Deer
As of June 7, 2023, 4:47 PM ET
Mortgage Term
Insured/Insurable
Mortgage Amount
Amortization
Years
| Lender | Fixed | Variable | Number of Branches | Main Branches |
|---|---|---|---|---|
Neo Financial More From Neo Financial 4.7 (7 reviews) | 4.69% Payment: $2,820.42/mo | 5.85% Payment: $3,154.59/mo | Mainly a Digital Broker | Mainly a Digital Broker |
Butler Mortgage More From Butler Mortgage 4.7 (665 reviews) | 4.69% Payment: $2,820.42/mo | 5.79% Payment: $3,136.89/mo | Mainly a Digital Broker | Mainly a Digital Broker |
Pine More From Pine 5.0 (84 reviews) | 4.74% Payment: $2,834.47/mo | 5.55% Payment: $3,066.53/mo | Mainly a Digital Broker | Mainly a Digital Broker |
nesto More From nesto 4.4 (728 reviews) | 4.79% Payment: $2,848.54/mo | 5.40% Payment: $3,022.92/mo | Mainly a Digital Broker | Mainly a Digital Broker |
TD More From TD | 5.09% Payment: $2,933.69/mo | 6.45% Payment: $3,333.98/mo | TD Bank has 4 branches in Red Deer. | Downtown Red Deer: 4902 Gaetz Avenue, Red Deer, Alberta. |
BMO Promotional BMO Rates for WOWA.ca More From BMO | 5.09% Payment: $2,933.69/mo | 6.39% Payment: $3,315.85/mo | BMO has 3 branches in Red Deer. | East Red Deer: 3825-40th Avenue, Red Deer, Alberta. |
CIBC More From CIBC | 5.14% Payment: $2,948.00/mo | 6.20% Payment: $3,258.71/mo | CIBC has 3 branches in Red Deer. | North Red Deer: 6721 Gaetz Avenue, Red Deer, Alberta. |
nesto (1% cash back) More From nesto 4.4 (728 reviews) | 5.19% Payment: $2,962.34/mo | 5.92% Payment: $3,175.30/mo | Mainly a Digital Broker | Mainly a Digital Broker |
Canadian Western More From Canadian Western | 5.21% Payment: $2,968.09/mo | -- | Canadian Western Bank has 1 branch in Red Deer. | Downtown Red Deer: 4822-51st Avenue,Red Deer, Alberta. |
ATB More From ATB | 5.29% Payment: $2,991.12/mo | 6.45% Payment: $3,333.98/mo | ATB Financial has 2 branches in Red Deer. | South Red Deer: 4999 Molly Bannister Drive,Red Deer, Alberta. |
Simplii Financial More From Simplii Financial | 5.49% Payment: $3,049.05/mo | 6.55% Payment: $3,364.29/mo | Simplii Financial is a digital bank and has no branches in Red Deer. | Simplii Financial does not have a physical location in Red Deer. |
National Bank More From National Bank | 5.54% Payment: $3,063.61/mo | 6.50% Payment: $3,349.12/mo | National Bank has no branches in Red Deer. | National Bank does not have a physical location in Red Deer. |
Desjardins More From Desjardins | 5.54% Payment: $3,063.61/mo | 6.50% Payment: $3,349.12/mo | Desjardins has no branches in Red Deer. | Desjardins does not have a physical location in Red Deer. |
RBC More From RBC | 5.74% Payment: $3,122.17/mo | 6.50% Payment: $3,349.12/mo | RBC has 4 branches in Red Deer. | Downtown Red Deer: 4943 Ross Street, Red Deer, Alberta. |
Tangerine More From Tangerine | 5.74% Payment: $3,122.17/mo | 6.65% Payment: $3,394.71/mo | Tangerine Bank has no branches in Red Deer. | Tangerine Bank does not have a physical location in Red Deer. |
motusbank More From motusbank | 5.79% Payment: $3,136.89/mo | 6.75% Payment: $3,425.25/mo | MotusBank is a digital bank and has no branches in Red Deer. | MotusBank does not have a physical location in Red Deer. |
CMLS More From CMLS | 5.79% Payment: $3,136.89/mo | 7.20% Payment: $3,564.04/mo | CMLS Financial has no branches in Red Deer. | CMLS Financial does not have a physical location in Red Deer. |
Manulife More From Manulife | 6.14% Payment: $3,240.76/mo | -- | Manulife Bank has no branches in Red Deer. | Manulife Bank does not have a physical location in Red Deer. |
Canada Life More From Canada Life | 6.34% Payment: $3,300.77/mo | 6.70% Payment: $3,409.97/mo | Canada Life has no branches in Red Deer. | Canada Life does not have a physical location in Red Deer. |
Red Deer at a Glance
The City of Red Deer is located along Red Deer River and is home to over 100K residents. The population of Red Deer increased by 0.4% from 2016 to 2021. Red Deer's real estate market consists of a wide range of property types, including single-family detached houses, mansions, bungalows, apartments and condos. The average price of a home in Red Deer is $384K and the average home has 3 bedrooms and 2 bathrooms.
Lender Information
| Lender | Number of Locations | Mortgage Inquiry Phone # |
|---|---|---|
| ATB | ATB Financial has 2 branches in Red Deer. | General Inquiries:1-800-332-8383 |
| BMO | BMO has 3 branches in Red Deer. | General Inquiries- 1-844-837-9228 |
| Canada Life | Canada Life has no branches in Red Deer. | No Direct Number |
| Canadian Western | Canadian Western Bank has 1 branch in Red Deer. | No Direct Number |
| CIBC | CIBC has 3 branches in Red Deer. | 1-866-525-8622 |
| CMLS | CMLS Financial has no branches in Red Deer. | 1-888-995-2657 |
| connectFirst | connectFirst Credit Union has 1 branch in Red Deer. | No Direct Number |
| Desjardins | Desjardins has no branches in Red Deer. | 1-844-626-2476 |
| Dominion Lending | N/A | |
| Equitable | Equitable Bank is a digital bank and has no branches in Red Deer. | 1-888-334-3313 |
| First National | First National has no branches in Red Deer. | No Direct Number |
| HSBC | HSBC Bank has 1 branch in Red Deer. | General Inquiries: 1-888-310-4722 |
| ICICI | ICICI Bank has no branches in Red Deer. | No Direct Number |
| Investors Group | Investors Group has 1 branch in Red Deer. | No Direct Number |
| Laurentian | Laurentian Bank has no branches in Red Deer. | 1-866-522-4655 |
| Manulife | Manulife Bank has no branches in Red Deer. | 1-877-765-2265 |
| MCAP | MCAP has no branches in Red Deer. | 1-800-265-2624 |
| Meridian | Meridian Credit Union has no branches in Red Deer. | 1-866-592-2226 |
| Mortgage Alliance | N/A | |
| motusbank | MotusBank is a digital bank and has no branches in Red Deer. | 1-833-696-6887 |
| National Bank | National Bank has no branches in Red Deer. | 1-855-755-9533(Option 4) |
| QuestMortgage | N/A | |
| RateHub/Canwise | N/A | |
| RBC | RBC has 4 branches in Red Deer. | 1-800-769-2511 |
| Scotiabank | Scotiabank has 5 branches in Red Deer. | 1-877-303-8879 |
| Servus Credit Union | Servus Credit Union has 6 branches in Red Deer. | General Inquiries:1-877-378-8728 |
| Simplii Financial | Simplii Financial is a digital bank and has no branches in Red Deer. | 1-888-866-0866 |
| Tangerine | Tangerine Bank has no branches in Red Deer. | 1-888-826-4374 |
| TD | TD Bank has 4 branches in Red Deer. | 1-800-722-3098 |
This calculator is provided for general information purposes only. WOWA does not guarantee the accuracy of the information shown and is not responsible for any consequence that arise from the use of the calculator and its results. Any financing products shown are subject to terms and conditions and may not be available in certain regions.