Rate Relief From 3.99%
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It's true, we may be able to lower your rate with your current lender. In fact, our rates are 0.20% better on average compared to the competition. Plus, our service is free and comes with no obligation.
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Learn MoreWill we see rates ease this year? CEO Dan Eisner offers some insight into what…
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The sooner you contact us, the sooner your expert True North Mortgage broker can hold your rates for up to 4 months (depending on the lender). You'll have peace of mind while you look for your home or investment, plus get great advice on everything from down payment strategies to the flexible mortgage options you need to save more.
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For Quebec - Last Updated Apr. 16 2023
2023 (average)
4.72%
5.26%
March
4.69%
5.19%
February
4.89%
5.19%
January
4.59%
5.39%
2022 (average)
4.05%
4.52%
December
4.69%
5.39%
November
5.01%
5.39%
October
5.08%
5.37%
September
4.59%
5.27%
August
4.34%
5.29%
July
4.52%
5.22%
June
4.52%
4.90%
May
3.86%
4.17%
April
3.77%
3.94%
March
3.10%
3.48%
February
2.65%
2.97%
January
2.49%
2.79%
2021 (average)
1.87%
2.16%
December
2.34%
2.74%
November
2.34%
2.59%
October
2.04%
2.38%
September
1.84%
2.09%
August
1.79%
2.09%
July
1.79%
2.09%
June
1.79%
2.09%
May
1.79%
2.09%
April
1.84%
2.09%
March
1.84%
2.09%
February
1.57%
1.87%
January
1.42%
1.76%
2020 (average)
2.04%
2.39%
December
1.49%
1.79%
November
1.49%
1.89%
October
1.59%
1.89%
September
1.67%
1.97%
August
1.74%
2.09%
July
2.02%
2.47%
June
2.02%
2.47%
May
2.29%
2.64%
April
2.47%
2.76%
March
2.53%
2.80%
February
2.49%
2.89%
January
2.69%
3.04%
2019 (average)
2.80%
3.09%
December
2.70%
2.93%
November
2.39%
2.84%
October
2.57%
2.79%
September
2.52%
2.77%
August
2.39%
2.74%
July
2.50%
2.84%
June
2.94%
3.14%
May
2.82%
3.12%
April
3.09%
3.39%
March
3.09%
3.39%
February
3.27%
3.59%
January
3.39%
3.59%
2018 (average)
3.24%
3.45%
December
3.79%
3.82%
November
3.39%
3.59%
October
3.31%
3.59%
September
3.17%
3.54%
August
3.17%
3.54%
July
3.17%
3.54%
June
3.14%
3.44%
May
3.22%
3.44%
April
3.14%
3.27%
March
3.14%
3.27%
February
3.14%
3.27%
January
3.14%
3.14%
2017 (average)
2.61%
2.80%
December
3.07%
3.09%
November
2.77%
3.09%
October
2.86%
2.92%
September
2.86%
2.92%
August
2.64%
2.89%
July
2.56%
2.84%
June
2.24%
2.54%
May
2.39%
2.63%
April
2.49%
2.64%
March
2.49%
2.69%
February
2.49%
2.69%
January
2.49%
2.69%
2016 (average)
2.37%
2.55%
December
2.49%
2.69%
November
2.32%
2.47%
October
2.17%
2.32%
September
2.29%
2.49%
August
2.29%
2.49%
July
2.29%
2.49%
June
2.29%
2.49%
May
2.34%
2.59%
April
2.44%
2.62%
March
2.44%
2.62%
February
2.52%
2.67%
January
2.61%
2.71%
2015 (average)
2.54%
2.68%
December
2.52%
2.70%
November
2.52%
2.70%
October
2.47%
2.59%
September
2.39%
2.59%
August
2.39%
2.59%
July
2.44%
2.64%
June
2.49%
2.69%
May
2.64%
2.69%
April
2.64%
2.69%
March
2.64%
2.74%
February
2.64%
2.74%
January
2.73%
2.80%
2014 (average)
2.98%
3.04%
December
2.77%
2.94%
November
2.84%
2.89%
October
2.84%
2.89%
September
2.84%
2.89%
August
2.84%
2.89%
July
2.92%
3.00%
June
2.92%
3.00%
May
2.92%
3.00%
April
3.01%
3.07%
March
3.19%
3.19%
February
3.29%
3.29%
January
3.35%
3.45%
2023 (average)
5.59%
6.11%
March
5.70%
6.15%
February
5.55%
6.15%
January
5.53%
6.03%
2022 (average)
2.89%
3.64%
December
4.80%
5.40%
November
4.80%
5.40%
October
4.63%
5.23%
September
4.30%
5.05%
August
3.55%
4.40%
July
3.55%
4.25%
June
2.55%
3.10%
May
2.05%
2.60%
April
1.72%
2.15%
March
1.32%
1.82%
February
1.05%
1.45%
January
1.04%
1.49%
2021 (average)
1.15%
1.39%
December
1.15%
1.38%
November
0.90%
1.35%
October
1.09%
1.34%
September
1.09%
1.30%
August
1.15%
1.35%
July
1.15%
1.33%
June
1.20%
1.35%
May
1.20%
1.43%
April
1.20%
1.43%
March
1.20%
1.43%
February
1.20%
1.43%
January
1.28%
1.60%
2020 (average)
1.92%
2.21%
December
1.43%
1.72%
November
1.50%
1.80%
October
1.50%
1.80%
September
1.60%
1.80%
August
1.60%
1.85%
July
1.85%
2.13%
June
1.85%
2.13%
May
2.07%
2.30%
April
2.07%
2.30%
March
2.21%
2.59%
February
2.65%
3.00%
January
2.70%
3.05%
2019 (average)
2.76%
3.00%
December
2.78%
2.98%
November
2.50%
2.95%
October
2.70%
2.95%
September
2.70%
2.95%
August
2.70%
2.95%
July
2.70%
2.95%
June
3.35%
3.35%
May
2.70%
3.00%
April
2.75%
3.00%
March
2.75%
3.00%
February
2.75%
3.00%
January
2.79%
2.96%
2018 (average)
2.45%
2.77%
December
3.20%
3.23%
November
2.71%
2.90%
October
2.71%
2.90%
September
2.46%
2.77%
August
2.46%
2.77%
July
2.46%
2.77%
June
2.21%
2.55%
May
2.21%
2.60%
April
2.21%
2.70%
March
2.21%
2.70%
February
2.21%
2.70%
January
2.30%
2.70%
2017 (average)
2.01%
2.35%
December
2.30%
2.45%
November
2.02%
2.45%
October
2.25%
2.56%
September
2.25%
2.56%
August
1.95%
2.40%
July
1.92%
2.22%
June
1.85%
2.18%
May
1.85%
2.18%
April
1.90%
2.30%
March
1.90%
2.30%
February
1.90%
2.30%
January
2.00%
2.30%
2016 (average)
2.08%
2.26%
December
2.05%
2.23%
November
2.01%
2.19%
October
2.01%
2.19%
September
2.01%
2.19%
August
2.01%
2.19%
July
2.01%
2.19%
June
2.01%
2.19%
May
2.15%
2.35%
April
2.20%
2.35%
March
2.20%
2.35%
February
2.15%
2.35%
January
2.22%
2.35%
2015 (average)
2.01%
2.16%
December
2.10%
2.25%
November
2.03%
2.15%
October
1.95%
2.05%
September
1.95%
2.05%
August
1.85%
2.05%
July
1.88%
2.05%
June
2.03%
2.20%
May
2.05%
2.20%
April
2.05%
2.20%
March
2.05%
2.20%
February
2.05%
2.20%
January
2.18%
2.30%
2014 (average)
2.37%
2.44%
December
2.18%
2.30%
November
2.30%
2.35%
October
2.30%
2.35%
September
2.30%
2.35%
August
2.30%
2.35%
July
2.38%
2.50%
June
2.38%
2.50%
May
2.38%
2.50%
April
2.45%
2.50%
March
2.50%
2.50%
February
2.50%
2.50%
January
2.50%
2.60%
Across the province and in its two major centres, Québec City and Montréal, buyer demand and home prices are rebalancing as interest rates stay paused and the economy continues at a healthy pace. Even though demand has decreased since last year, lower 2023 housing inventory levels so far are favouring sellers and notching up prices in many Québec areas.
With interest rates continuing to pause, will sellers return to market with the warmer weather?
Which to choose, variable or fixed? Some pros and cons to help you decide.
Learn MoreHigher rates may paint you into a corner. Here’s help to find a way out.…
Learn MoreWant to know where fixed rates are going? Watch bond yields.
Learn MoreMortgage 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.