Quebec Mortgage Rates
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Worried about your renewal?
Higher rates painting you into a budget corner? Get help to find a way out.
Should you choose a variable rate in 2025?
How to decide between variable-rate FOMO or JOMO? We can help.
Complex Mortgages
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Historical Mortgage Rates
For Quebec - Last Updated Oct 02 2025
5 Year Fixed Rate
3.69% - 5%
2025 (average)
4.09%
5.54%
September
4.14%
5.49%
August
4.09%
5.49%
July
4.22%
5.49%
June
4.09%
5.49%
May
4.09%
5.49%
April
3.94%
5.49%
March
3.89%
5.54%
February
4.04%
5.69%
January
4.32%
5.69%
2024 (average)
4.55%
5.59%
December
4.24%
5.69%
November
4.24%
5.69%
October
4.24%
5.69%
September
4.24%
5.74%
August
4.47%
5.79%
July
4.59%
5.79%
June
4.64%
5.39%
May
4.74%
5.39%
April
4.74%
5.39%
March
4.74%
5.39%
February
4.84%
5.49%
January
4.89%
5.69%
2023 (average)
5.02%
5.59%
December
5.13%
6.02%
November
5.46%
6.19%
October
5.62%
6.12%
September
5.54%
5.94%
August
5.32%
5.84%
July
5.08%
5.72%
June
4.82%
5.29%
May
4.47%
4.97%
April
4.64%
5.19%
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%
5 Year Variable Rate
3.6% - 5%
2025 (average)
4.14%
5.08%
September
3.85%
5.00%
August
4.10%
5.00%
July
4.10%
5.00%
June
4.10%
5.00%
May
4.10%
5.00%
April
4.10%
5.00%
March
4.10%
5.00%
February
4.35%
5.25%
January
4.44%
5.44%
2024 (average)
5.55%
6.52%
December
4.35%
5.50%
November
4.85%
5.95%
October
5.10%
6.20%
September
5.25%
6.45%
August
5.50%
6.70%
July
5.50%
6.70%
June
5.80%
6.24%
May
6.05%
6.90%
April
6.05%
6.90%
March
6.05%
6.90%
February
6.05%
6.90%
January
6.05%
6.90%
2023 (average)
5.85%
6.54%
December
6.05%
6.90%
November
6.05%
6.90%
October
6.05%
6.90%
September
6.10%
6.90%
August
6.10%
6.90%
July
6.10%
6.90%
June
5.82%
6.48%
May
5.60%
6.15%
April
5.55%
6.15%
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%
A province steeped in history: Quebec housing market remains resilient.
In August 2025, Quebec's housing market continued to heat up, with a 12% increase in home sales compared to August 2024, marking the province's 20th consecutive monthly increase in residential home sales.Â
All the major markets in this province boasted sales growth. Montreal led the way with 13.8%, followed by Gatineau at 6.5%, Trois-Rivieres at 6%, Quebec City at 5.2%, Saguenay at 2.4%, and Sherbrooke at 2.1%.
The bustling housing activity is driving up Quebec's provincial average home price, with August seeing a 9.9% increase to $559,048. Trois-Rivieres and Quebec City led this home price trend, seeing increases of 21.8% and 17.8%, respectively. Other Quebec market increases ranged from 12.9% in Sherbrooke to 7.8% in Gatineau.Â
Quebec remained a seller's market provincially, with an SNLR (sales-to-new-listings ratio) of 66%. Strong ratios persist in areas such as Quebec City, Sherbrooke and Saguenay with 82% SNLRs, Trois-Rivières with 72%, and Montreal at 64%. Gatineau tilted to a balanced market with a 60% SNLR.Â
Lower mortgage rates and a resilient economy have likely contributed to Quebec's robust housing activity over the past few months. Will the momentum persist into Fall 2025, despite U.S. trade disruption?
See more housing stats
Read our Housing Market Forecast (2025-2027)
Read our Rate Forecast (2025-2027)
Data source: Sagen Housing Market Updates
Start your history of great mortgage savings with us, today!
Quebec Mortgage Rates
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.
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