Red Deer Mortgage Rates
As of June 13, 2025 at 5:35 PM ET
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Lowest Mortgage Rates in Red Deer
As of June 13, 2025
| Term | |||||||
|---|---|---|---|---|---|---|---|
Current Mortgage Rates in Red Deer
As of June 13, 2025 at 5:35 PM ET
Mortgage TermMortgage Term
Mortgage TypeMortgage Type
Mortgage AmountMortgage Amount
Amortization
Years
Mortgage TermMortgage Term
Mortgage TypeMortgage Type
Lenders | Insured Rates | Fixed | Variable | # of Branches | Main Branches |
|---|---|---|---|---|---|
What are the best mortgage rates in Red Deer?
As of June 13, 2025,
- The best 1-year fixed insured mortgage rate is 4.69%, which is offered by CMLS
- The best 2-year fixed insured mortgage rate is 4.69%, which is offered by CMLS
- The best 3-year fixed insured mortgage rate is 3.89%, which is offered by Butler Mortgage
- The best 4-year fixed insured mortgage rate is 4.39%, which is offered by CIBC
- The best 5-year fixed insured mortgage rate is 3.89%, which is offered by Butler Mortgage
- The best 5-year variable insured mortgage rate is 3.99%, which is offered by Butler Mortgage
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 |
| SBI Canada Bank | SBI Bank Canada has no branches in Red Deer. | No Direct Number |
| 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 |
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
- The calculators and content on this page are for general information only. WOWA does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
- Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.