Looking for the best mortgage rates in Québec?
Through our in-house lender, THINK Financial, you have access to exclusive rates, fewer fees, and fully featured products. Save more now and later. Apply online or call us today.
True North Mortgage operates in this province as THINK Financial, our in-house, CMHC-approved mortgage lender. We do not offer brokerage services in Quebec, but we do offer exclusive access to THINK Financial's great rates and fully featured products.
Apply with THINK Financial today to help lift your savings and reach your financial goals!
THINK Financial offers fixed and variable rate mortgages:
You'll still get an exceptional mortgage experience through a True North Mortgage expert who specializes in Québec mortgages.
We put you first to answer all your questions and provide a seamless process from the beginning to walking through your own front door (or getting a great renewal option).
Our highly trained mortgage experts help make your mortgage process through THINK Financial simple and stress-free.
Like features? So do we. We offer exceptional pre-payment privileges, lower payout penalties compared to the big bank, and many other convenient options, depending on your needs and specific mortgage details:
Apply with THINK Financial today, or talk to your mortgage expert at the phone number above.
In April 2025, Québec's housing market was on a roll with a significant 16.7% rise in home sales compared to last April.
Most of the markets in this province basked in the sales positivity, with Quebec City leading the way at 15.2%, followed by Montreal at 12.4%, and 1.5% for Gatineau, Sherbrooke and Saguenay. Only Trois-Rivieres was a hold-out with an 8.1% decline.
The rapid acceleration of market activity also resulted in an 8.6% increase in the average Québec home price to $539,985. Quebec City and Sherbrooke led this trend (+15.2% and +11.9%). Other Québec markets recorded an average home price increase ranging from 10.9% to 5%.
Québec offers a predominant seller's market, with an SNLR (sales-to-new-listings ratio) of 64%, and higher numbers in areas such as Quebec City (86%), Saguenay (79%), and Trois-Rivières (78%). Gatineau and Sherbrooke were the only centres shifting to a balanced market with a 58% SNLR.
Lower mortgage rates and improved qualification rules likely contributed to Québec's vigorous housing activity this month. Will the momentum persist into Summer 2025, despite a U.S. trade war?
Data source: Sagen Housing Market Updates
Mortgage Rates are different across Canada. Rates are shown based on your location. If you're planning to purchase out-of-province, be sure to choose rates where the property will be located.
True North Mortgage can efficiently complete your mortgage anywhere you are in Canada — online, over the phone or at our store locations.
