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Best Mortgage Rates in Saskatchewan

Compare Saskatchewan mortgage interest rates from top lenders & save on your mortgage.

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Find the best rates in your area by selecting your province
Home Value
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Down payment
The portion of the purchase price you will be paying upfront
Current mortgage
The remaining amount on your current mortgage

Saskatchewan Mortgages

Whether you're buying, selling or working in some capacity in property sales, it is important to provide yourself with housing market intelligence. Good industry information will always benefit anyone who's engaged in the property business. If you don't have a lot of time to go through long records and perspective reviews, this article will briefly summarize the present housing market in Saskatchewan, using information from the Canada Mortgage and Housing Organization.

Job development isn't slowing down in Saskatchewan. The growing population and ongoing salary improvements are helping the retail trade overall.

Mortgage rates are expected to remain low. According to CMHC the mortgage rates in Saskatchewan will increase a little bit but will stay low based on traditional standards.

Regina and Saskatoon Home Sales

Statistics Canada (Dec. 2013) showed that home prices rose 0.6% in both Regina and Saskatoon. This was due to increased material costs and winter operating costs in Regina, while higher prices in Saskatoon were attributed to increased material and labour costs.

The reseller market is on a stable incline in Saskatchewan because mortgage rates have stayed low, while average salaries have increased. Also, despite the income tax attributes for first-time property owners, the price gains for both new and resell homes are still important and may restrict renters from moving to possession.

Latest mortgage articles

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When government bond yields climb it’s typically bad news for reverse mortgage rates. But not when the two leaders in the reverse mortgage market are trying to eat each other’s lunch.
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We’ve just witnessed the most extreme price spike in Canadian real estate history, at least as far back as CREA data goes.
How Higher Rates Can Affect Your Mortgage Renewal
This was an interesting statement by RBC Economics on Monday: "Even if households are paying down their equity over the next five years, if interest rates were to (climb) by one to two percentage points in (over that period), when it comes time to renew, many households who are buying now will ultimately see their mortgage payments increase."‎