icon

Best Mortgage Rates in Saskatchewan

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

Rates by location
Find the best rates in your area by selecting your province
Home Value
The current purchase price or appraised value of your home
Rate type
The type of the mortgage you are looking for
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
People Still Want to Buy Despite Affordability Challenges. How to Do it if Your Budget’s Tight
Despite home prices soaring out of reach for many, a large majority still believe homeownership is a worthwhile pursuit.
A New One-Stop Resource for Comparing Mortgage Rates
Have you ever found yourself wishing that someone would come up with an easy way to compare the lowest rates for all terms, depending on your equity?
Beware Mortgages with a Bona Fide Sale Clause
You’ve probably seen some ultra-low rates from mortgage brokers on rate comparison websites. Many of those rates (not all) are low-frills mortgages. That means they have restrictions in exchange for a lower interest rate.