Quebec Mortgage Rates

We'll beat any competitor's offer

Our lower mortgage rates in Quebec help you save a lot of money.

Whether you’re investing in a first home, income or vacation property, our lower rates can help save you thousands. How do we do that? We deal with all the banks on your behalf, find the best rates and mortgage options, then pass along our volume discount to get your best rate possible. Even a fraction lower can make a big difference over the long term.

Call us, or apply online today to get your best rate.

The Quebec real estate outlook

Amid the COVID-19 pandemic, the Quebec housing market is seeing prices and home buying activity rise all across the province. With supplies remaining low, and increased demand for more space or a change of scenery, many experts feel that this current growth may continue while interest rates remain historically low.

Hold your low rate, before it goes up.

In Quebec, mortgage interest rates can fluctuate. At True North Mortgage, our expert brokers help bring you peace of mind while you look for your next move or investment. Contact us, and we can help determine your best rates and hold them for up to four months, depending on the lender.

When you’re ready, we’ll help make the process stress-free, whether your first home, or a vacation or income property.

Schedule your call back now, and we'll call when it's convenient for you.


Historical Mortgage Rates

For Quebec - Last Updated Aug. 06 2021

5 Year Fixed Rate

2.09% - 2.44%

  2021 (average)

1.71%

2.00%

  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

1.1% - 1.35%

  2021 (average)

1.20%

1.44%

  June

1.15%

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%

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.

Canada Wide Mortgages

True North Mortgage can efficiently complete your mortgage anywhere you are in Canada — online, over the phone or at our store locations.