Saskatchewan Mortgage Rates
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Historical Mortgage Rates
For Saskatchewan - Last Updated May 01 2025
5 Year Fixed Rate
3.99% - 5.49%
2025 (average)
4.03%
5.60%
April
3.94%
5.49%
March
3.89%
5.54%
February
4.04%
5.69%
January
4.24%
5.69%
2024 (average)
4.59%
6.31%
December
4.24%
5.69%
November
4.24%
5.69%
October
4.24%
5.69%
September
4.27%
5.77%
August
4.47%
5.79%
July
4.64%
5.79%
June
4.69%
6.89%
May
4.79%
6.89%
April
4.84%
6.89%
March
4.79%
6.89%
February
4.92%
6.89%
January
4.90%
6.89%
2023 (average)
5.03%
6.33%
December
5.12%
6.89%
November
5.44%
6.89%
October
5.62%
6.89%
September
5.47%
6.89%
August
5.37%
6.89%
July
5.19%
6.39%
June
4.92%
5.95%
May
4.57%
5.84%
April
4.84%
5.84%
March
4.65%
5.84%
February
4.67%
5.84%
January
4.49%
5.84%
2022 (average)
4.03%
4.82%
December
4.69%
5.82%
November
4.92%
5.74%
October
5.01%
5.70%
September
4.44%
5.54%
August
4.34%
5.54%
July
4.52%
5.54%
June
4.37%
5.10%
May
3.89%
4.66%
April
3.72%
4.23%
March
3.14%
3.64%
February
2.74%
3.20%
January
2.52%
3.07%
2021 (average)
1.89%
2.42%
December
2.39%
2.94%
November
2.37%
2.91%
October
2.12%
2.56%
September
1.84%
2.39%
August
1.79%
2.39%
July
1.79%
2.39%
June
1.79%
2.39%
May
1.79%
2.39%
April
1.89%
2.39%
March
1.89%
2.29%
February
1.62%
2.06%
January
1.43%
1.99%
2020 (average)
2.03%
2.43%
December
1.49%
1.99%
November
1.59%
1.99%
October
1.62%
2.04%
September
1.77%
2.05%
August
1.82%
2.22%
July
1.89%
2.39%
June
1.99%
2.42%
May
2.23%
2.65%
April
2.43%
2.88%
March
2.35%
2.68%
February
2.49%
2.86%
January
2.64%
3.01%
2019 (average)
2.78%
3.09%
December
2.58%
2.93%
November
2.40%
2.92%
October
2.52%
2.94%
September
2.53%
2.85%
August
2.59%
2.79%
July
2.59%
2.84%
June
2.66%
2.90%
May
2.84%
3.09%
April
2.92%
3.19%
March
3.15%
3.37%
February
3.32%
3.58%
January
3.30%
3.69%
2018 (average)
3.15%
3.61%
December
3.39%
3.80%
November
3.40%
3.83%
October
3.22%
3.67%
September
3.19%
3.67%
August
3.19%
3.66%
July
3.14%
3.61%
June
3.14%
3.61%
May
3.14%
3.61%
April
3.00%
3.54%
March
3.00%
3.54%
February
3.04%
3.48%
January
2.92%
3.37%
2017 (average)
2.53%
2.88%
December
2.79%
3.29%
November
2.72%
3.29%
October
2.84%
3.28%
September
2.76%
3.16%
August
2.59%
2.99%
July
2.56%
2.78%
June
2.39%
2.49%
May
2.24%
2.54%
April
2.30%
2.62%
March
2.39%
2.72%
February
2.39%
2.72%
January
2.44%
2.74%
2016 (average)
2.29%
2.58%
December
2.42%
2.69%
November
2.20%
2.47%
October
2.11%
2.39%
September
2.14%
2.49%
August
2.24%
2.56%
July
2.24%
2.56%
June
2.24%
2.56%
May
2.34%
2.59%
April
2.34%
2.59%
March
2.34%
2.69%
February
2.39%
2.69%
January
2.44%
2.69%
2015 (average)
2.45%
2.66%
December
2.47%
2.69%
November
2.47%
2.69%
October
2.34%
2.59%
September
2.39%
2.59%
August
2.39%
2.59%
July
2.39%
2.59%
June
2.44%
2.59%
May
2.44%
2.59%
April
2.44%
2.69%
March
2.49%
2.69%
February
2.54%
2.79%
January
2.62%
2.82%
2014 (average)
2.88%
3.04%
December
2.69%
2.89%
November
2.74%
2.89%
October
2.74%
2.89%
September
2.74%
2.89%
August
2.74%
2.89%
July
2.79%
2.99%
June
2.89%
3.04%
May
2.89%
3.04%
April
2.97%
3.15%
March
2.97%
3.15%
February
3.09%
3.29%
January
3.29%
3.39%
5 Year Variable Rate
4.1% - 5%
2025 (average)
4.25%
5.17%
April
4.10%
5.00%
March
4.10%
5.00%
February
4.35%
5.25%
January
4.44%
5.44%
2024 (average)
5.52%
6.75%
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
5.75%
7.05%
May
5.99%
7.30%
April
5.99%
7.30%
March
5.99%
7.30%
February
5.99%
7.30%
January
5.99%
7.30%
2023 (average)
5.77%
6.96%
December
5.99%
7.30%
November
5.99%
7.30%
October
5.99%
7.30%
September
5.99%
7.30%
August
5.99%
7.30%
July
6.00%
7.19%
June
5.75%
6.85%
May
5.50%
6.60%
April
5.50%
6.60%
March
5.50%
6.60%
February
5.50%
6.60%
January
5.50%
6.60%
2022 (average)
2.94%
3.76%
December
5.25%
6.28%
November
4.75%
5.70%
October
4.75%
5.70%
September
4.25%
4.95%
August
3.50%
4.45%
July
3.50%
4.45%
June
2.46%
3.39%
May
1.95%
2.75%
April
1.78%
2.42%
March
1.13%
1.84%
February
0.99%
1.65%
January
0.99%
1.55%
2021 (average)
1.14%
1.58%
December
0.99%
1.55%
November
0.90%
1.55%
October
1.09%
1.55%
September
1.09%
1.55%
August
1.09%
1.55%
July
1.09%
1.55%
June
1.19%
1.55%
May
1.19%
1.55%
April
1.24%
1.55%
March
1.24%
1.55%
February
1.24%
1.65%
January
1.29%
1.75%
2020 (average)
1.91%
2.24%
December
1.38%
1.79%
November
1.55%
1.80%
October
1.55%
1.90%
September
1.63%
1.88%
August
1.67%
2.00%
July
1.79%
2.04%
June
1.79%
2.04%
May
1.96%
2.23%
April
2.02%
2.40%
March
2.24%
2.64%
February
2.70%
3.10%
January
2.70%
3.10%
2019 (average)
2.70%
3.20%
December
2.70%
3.10%
November
2.70%
3.10%
October
2.70%
3.10%
September
2.70%
3.10%
August
2.70%
3.10%
July
2.70%
3.10%
June
2.70%
3.10%
May
2.70%
3.20%
April
2.75%
3.20%
March
2.75%
3.40%
February
2.70%
3.45%
January
2.65%
3.45%
2018 (average)
2.34%
2.89%
December
2.65%
3.35%
November
2.65%
3.25%
October
2.48%
3.02%
September
2.40%
2.80%
August
2.40%
2.80%
July
2.40%
2.80%
June
2.15%
2.60%
May
2.19%
2.55%
April
2.21%
2.85%
March
2.21%
2.85%
February
2.21%
2.85%
January
2.17%
2.94%
2017 (average)
1.90%
2.46%
December
1.98%
2.75%
November
1.98%
2.75%
October
2.05%
2.75%
September
2.15%
2.67%
August
1.90%
2.50%
July
1.95%
2.50%
June
1.75%
2.25%
May
1.75%
2.25%
April
1.78%
2.25%
March
1.80%
2.30%
February
1.80%
2.30%
January
1.90%
2.30%
2016 (average)
2.02%
2.30%
December
1.90%
2.30%
November
1.90%
2.30%
October
1.90%
2.30%
September
1.95%
2.30%
August
1.95%
2.30%
July
1.95%
2.30%
June
2.05%
2.30%
May
2.10%
2.30%
April
2.10%
2.30%
March
2.10%
2.30%
February
2.15%
2.30%
January
2.15%
2.30%
2015 (average)
1.97%
2.19%
December
2.10%
2.20%
November
2.02%
2.16%
October
1.90%
2.05%
September
1.90%
2.05%
August
1.85%
2.05%
July
1.92%
2.25%
June
2.05%
2.25%
May
2.00%
2.25%
April
2.00%
2.25%
March
2.00%
2.25%
February
2.00%
2.25%
January
1.95%
2.25%
2014 (average)
2.30%
2.44%
December
2.10%
2.35%
November
2.15%
2.35%
October
2.15%
2.35%
September
2.20%
2.35%
August
2.25%
2.35%
July
2.30%
2.50%
June
2.40%
2.50%
May
2.40%
2.50%
April
2.40%
2.50%
March
2.40%
2.50%
February
2.40%
2.50%
January
2.40%
2.50%
Beneath Living Skies, housing markets are showing more life.
Most of Saskatchewan's housing markets started strong in Q1 2025 with a provincial average 5.7% home sales bump compared to Q1 2024, and a March 2025 year-over-year sales increase of 9.3%. The added demand led to decreased inventory overall, and, as a result, many centre home prices also saw gains.
The SK centres with higher sales include Battlefords, Saskatoon, Moose Jaw, Yorkton, and Regina, varying from increases of 27% to 4%. Swift Current and Prince Albert had a sales slowdown in March, of -18.4% and -1.1%.
An upward trend in provincial home prices continued for March, as the average price rose year-over-year by +10.8% to $335,931. Yorkton, Swift Current and Regina led the price boost, ranging from 27.3% to 17.8%. Only Battlefords logged a price decline at -7%.
New listings for the province overall were down amid higher demand. Leading the decline were Moose Jaw by -22.2% and Swift Current by -10.1%. Yorkton and Prince Albert posted gains in listings, at 14.7% and 3.7%, respectively.
Saskatchewan's main centres boast noteworthy home affordability compared to more expensive markets like Vancouver and Toronto (and even Calgary), which may be a main attraction to help grow its housing market over the next few years, as the trade war impact will continue to highlight the national affordability.
And unless more listings pop up to help meet demand, this province's strong seller's market, with a high provincial SNLR (sales-to-new-listings ratio) of 75%, may continue to result in rising home prices.
For SK home buyers and owners, economic uncertainty abounds amid the current U.S. trade war, including its effect on interest rates. If rates go lower, will that entice more to buy or sell as Summer 2025 approaches?
Data Source: Sagen Housing Market Updates
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Which rate type works best for you, variable or fixed? Some pros and cons to help you decide.
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Saskatchewan 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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British Columbia
- Abbotsford ,
- Burnaby ,
- Chilliwack ,
- Coquitlam ,
- Courtenay ,
- Kamloops ,
- Kelowna ,
- Nanaimo ,
- New Westminster ,
- Prince George ,
- Richmond ,
- Saanich ,
- Surrey ,
- Vancouver ,
- Vernon ,
- Victoria ,
- White Rock
Alberta
- Airdrie ,
- Calgary ,
- Edmonton ,
- Fort McMurray ,
- Grande Prairie ,
- Lethbridge ,
- Lloydminster ,
- Medicine Hat ,
- Red Deer
Saskatchewan
Manitoba
Ontario
- Barrie ,
- Belleville ,
- Brampton ,
- Brantford ,
- Burlington ,
- Cornwall ,
- Guelph ,
- Hamilton ,
- Kanata ,
- Kingston ,
- Kitchener ,
- London ,
- Markham ,
- Milton ,
- Mississauga ,
- Niagara Falls ,
- North Bay ,
- Oakville ,
- Oshawa ,
- Ottawa ,
- Peterborough ,
- Sarnia ,
- Sault Ste. Marie ,
- St. Catharines ,
- Sudbury ,
- Thunder Bay ,
- Toronto ,
- Vaughan ,
- Windsor ,
- Woodstock
Quebec
Atlantic Canada
- Charlottetown ,
- Fredericton ,
- Halifax ,
- Moncton ,
- Saint John ,
- St. John's