Borrowing rates are on an upward trend, and we’ve seen them go up at an incredible speed in the last few months. If you’ve got a mortgage or loan coming up for renewal in the next 120 days, talk to us about renewing early to take advantage of today’s rates.

2. Ask about blend and extend.

If your mortgage is not coming due in the next 120 days, you may be able to renew it mid-term through our blend and extend option. A blend and extend is when you take your current mortgage and extend it over a longer term, giving you a rate that’s between your old rate and the current rate. This can be a good option if you believe rates could be even higher down the road.

3. Consolidate higher interest debt.

If you have higher interest debt like credit cards or other unsecured loans at floating rates, you may save money by consolidating to a lower interest rate. We’ll sit down with you to find out if this is the right solution for you. 

connectFirst offers the lowest 5-year mortgage rate for members, always.

Though times are tough, one thing is certain: we’ll always take the time to understand you when others don’t. As a member, you can rest easy knowing that we have and will consistently offer the lowest posted 5-year fixed mortgage rate^† out of all major financial institutions^‡ in Alberta. You don’t have to give up kindness and convenience for value; at connectFirst, you can have it all.

Together we can bank on our promise of a brighter future.

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*Source: Financial System Review—2022 - Bank of Canada

^†Applicable to Simple Mortgages only. All our mortgage rates are based on approved, qualified applicants and conditions do apply.
^‡Compared to the following major financial institutions: RBC, BMO, CIBC, Scotiabank, TD and local institutions such as Servus Credit Union and ATB Financial.