Manitoba Mortgage Rates

Your best mortgage rates in Manitoba help you spend less on owning a home.

Which can leave you more cash for other things — like new furniture, a deck or a furnace upgrade.

At True North Mortgage, our expert, friendly mortgage brokers get you a better rate. We regularly beat out competitors by an average of 0.18% and have for years.

We do huge volume and pass along a rate discount. Plus, our unbiased advice comes from access to several accredited lenders and thousands of products — which just happens to be how we can quickly sort through the 'lender noise' to find your best rate.

Why go to your bank? Their rates are higher. And they're not as flexible.

You can get a better rate AND mortgage through us, sometimes with your bank.

Whether you prefer a fixed or variable rate, we'll take you through all the details, quickly and simply, so that you can make clear decisions for your mortgage goals.

We know the area, and we're able to analyze your unique situation and help you find the right lender for your needs. Along with your best rate, you'll get flexible mortgage options, whether your needs are straightforward or more complex, that can also save you money now and later when it's time to renew or refinance (think pre-payment penalties!).

Give us a shout, or apply online today.

Your better rate comes with a simpler mortgage process.

As the top-rated mortgage brokers in Manitoba, we work hard to handle all the details for you, along with getting your lowest-possible rate (for which you qualify).

Your mortgage is made simple, no matter your details. We answer all your questions and get the deal done on time. Add your mortgage rate savings to the equation — and there's no better mortgage service out there.

Check out our 5-star reviews to see what our amazing clients have to say! Get in touch with us online, over the phone, or one of our Mobile Brokers can come to you.

Rates change. We can hold yours today.

Mortgage rates in Manitoba can change at any time. If you're thinking of buying a home or need to renew or refinance — get a fast pre-approval today to hold your best rate.

If rates go up, you're protected and if they go down, your broker ensures your rate hold reflects the decrease. Plus, mortgages are all we do, and you'll get great advice on the right lender and product with your great rate to help you save more.

With us, your rate hold is free with no obligation. Contact us or apply online today.

Friendly Manitoba: Affordable markets worth a look (and a stay).

In February 2026, Manitoba's housing market continued to slow, with home sales declining significantly by 30.5% (year-over-year). Despite that look, Winnipeg still had a better February than in 2022 and 2023. (Data for Brandon and Portage La Prairie were not available at the time of this report.)

Despite the sales drop, the average provincial home price rose steeply by 23.9% to $396,664 year over year, with Winnipeg seeing a slight 1.6% increase. The increase is likely due to reduced inventory and tighter competition for homes on the market.

New listings declined in Winnipeg by -15.3%, keeping the province in a strong seller's market, with a 75% SLNR (sales-to-listing ratio).

Read more:
Housing Stats
Housing Market Forecast (2026-2029)
Rate Forecast (2026-2030)