Best Rates in Quebec

Updated: May 18, 2026. Compare top lenders in Quebec to find your perfect match.

Local Market
Get My Rate
Data Driven Algorithmic Integrity

We deploy rigorous data analysis to index and score the market. Our recommendations are derived from raw data, ensuring zero bias from advertiser influence.

You Are The Priority

We strive to be the smartest financial friend you have. Our goal is to save you money, not upsell you junk.

How We Stay Free

Ads pay the bills, but our Math runs the show. See our "No-Nonsense" Disclosure

FULL TRANSPARENCY

Platform Integrity & Transparency Standards

A comprehensive overview of our business model, data ethics, and commitment to unbiased service.

The Reality Check

RateBuddy is free for you to use, but it does cost money to run. To cover our expenses, we earn revenue through advertisements and sponsorship placements. This means our partners often compensate us when you click a link or apply for a product through our site. Importantly, this does not change our product ratings, rankings, reviews, or opinions. We strive to show you the most options possible so you can make informed decisions.

Our Total Loyalty Commitment

Our obligation to you supersedes any business relationship. This applies to everything we do—from the code that sorts rates to the advice in our guides. If a product has excessive fees, we expose them. If a service is outdated, we flag it. We are built to be your advocate, ensuring you always have the full, unvarnished picture.

We Can't Cover Everything

While we strive to scan the entire market, the financial world is massive. We might not list every single credit union or local bank in existence. However, we work tirelessly to present the most competitive offers available in Canada.

Our Editorial Independence

Our opinions are our own. If a card has a terrible fee, we’ll tell you. If a bank has a glitchy app, we’ll warn you. Our loyalty is to your wallet, because if you don't trust us, you won't come back. And we really want you to come back.

Current Mortgage Rates in Quebec

Live as of: May 18, 2026 | Quebec
$
$
%
Yrs
Reset
True North Mortgage Inc
2.49%
Interest Rate
6 Months • Fixed
6 Month Fixed Mortgage
Payment & Cost
Est. Monthly Payment $1,277
Interest (5yr) $32,860
Interest (6 Months) $3,527
Inquire
We guarantee your best rate or we will give you $500! Save thousands with our volume-discounted... Show more
Nesto
3.40%
Interest Rate
5 Years • Variable
5 Year Variable Mortgage
Payment & Cost
Est. Monthly Payment $1,412
Interest (5yr) $45,248
Inquire
Commission-free mortgage experts providing honest advice and competitive rates through a 100% d... Show more
True North Mortgage Inc
3.49%
Interest Rate
5 Years • Variable
5 Year Variable Mortgage
Payment & Cost
Est. Monthly Payment $1,425
Interest (5yr) $46,483
Inquire
We guarantee your best rate or we will give you $500! Save thousands with our volume-discounted... Show more
Nesto
3.57%
Interest Rate
5 Years • Variable
5 Year Variable Mortgage (150 Day Lock)
Payment & Cost
Est. Monthly Payment $1,437
Interest (5yr) $47,581
Inquire
nesto provides you with the best available locking period in the mortgage industry (150 Days).
EQ Bank
3.60%
Interest Rate
5 Years • Variable
5 Year Adjustable Mortgage - Evolution Suite
Payment & Cost
Est. Monthly Payment $1,442
Interest (5yr) $47,994
Inquire
Equitable Bank offers flexible mortgage solutions with competitive rates, designed to help you ... Show more
Updating rates...
Less
Page 1 of 2
More
Financial Toolkit

Crunch the Numbers

Make smarter decisions with our suite of free Canadian financial calculators.

Mortgage

Payment Calculator

Estimate monthly payments based on rate and term.

Start Calculating
Mortgage

Affordability

Calculate the maximum home price you can afford.

Start Calculating
Buying

Land Transfer Tax

Calculate provincial taxes and first-time rebates.

Start Calculating
Investing

Compound Interest

Visualize how your investments grow over time.

Start Calculating
Investing

TFSA Calculator

Project your tax-free savings growth potential.

Start Calculating
Debt

Debt Consolidation

See how much you save by combining debts.

Start Calculating
Debt

Payoff Planner

Model strategies to become debt-free faster.

Start Calculating
Planning

Budget Planner

Track income and allocate funds to your goals.

Start Calculating
View All Calculators
Market Dynamics

Understanding Rates in Quebec

Mortgage rates in Quebec are driven by two main forces: Bond Yields (Fixed) and Central Bank Policy (Variable).

Variable: Floating
Fixed: Bond Driven

Bank of Canada Impact

Variable rates in Quebec are directly linked to the Prime Rate. If the economy slows, rates often drop to stimulate growth—saving you money immediately.

The "Spread" Strategy

Smart borrowers in Quebec watch the gap between Fixed and Variable. When fixed rates dip lower than variable, it is often a signal to lock in stability.

Hidden Costs of Buying in Quebec

Beyond the mortgage rate, ensure you budget for these closing items.

Land Transfer Tax

Quebec charges a provincial tax based on the property value. First-time buyers may get a rebate.

Legal Fees

Expect to pay between $800 and $1,500 for a lawyer in Quebec to handle the title transfer and mortgage registration.

Appraisal

Lenders in Quebec may require a professional appraisal ($300-$500) to confirm the home's value matches the loan.

Quebec Mortgage Hack

Maximize Your Pre-Payment Privileges

Did you know? Most lenders in Quebec allow you to pay down 10-20% of your mortgage annually without penalty.

Reduce Interest Costs
Shorten Amortization
Build Equity Faster
Calculate Savings

Best Rates by Province

Compare regional lending criteria and exclusive local offers.

View Interactive Map
AB
Alberta
BC
British Columbia
ON
Ontario
QC
Quebec
NS
Nova Scotia
SK
Saskatchewan
All Locations View Full Map

Quebec Mortgage Insights

Expert answers to common questions from borrowers in your area.

A closed mortgage offers a lower rate but restricts you from paying it off entirely before the term ends without a penalty. Most standard mortgages in Quebec are closed.

Insured rates (less than 20% down) are typically lower because the lender is protected against default. Uninsured rates (20%+ down) are slightly higher due to increased risk.

Generally, no—not for your primary residence. It is only deductible if the property is used to generate income (like a rental).

They offer a 'set it and forget it' peace of mind for half a decade. It is the most common term chosen by homeowners in Quebec.

Yes. Programs exist for permanent residents and work permit holders in Quebec, often allowing 5% down even with limited Canadian credit history.

It is the official document from the lender approving your mortgage. Do not waive your financing conditions until you have signed this!