Compare the best current mortgage rates in Quebec City for free.

On average, Canadians save thousands of dollars per year by comparing rates with us.

Compare rates from 30+ banks and brokers in 3 minutes.

Variable Rates

As low as


Fixed Rates

As low as


Cha-ching! Our rates are always lower than the posted bank rates.

Current lowest posted bank rate


Variable or fixed: which is lower?

One of the most important decisions you’ll make as you embark on your homeownership journey is: fixed or variable? As in, fixed or variable rates. To give you an idea of how much you could save with each, we’ve pulled rate data from users dating back to September, 2019. It turns out that, despite some fluctuation, variable rates have come out the winner. Check back in a few months to see if this changes.

5-year fixed vs. 5-year variable mortgage rates in Quebec

04/20 2.12%2.67%
05/20 2.19%2.62%
06/20 2.17%2.64%
07/20 2.19%2.62%
08/20 2.13%2.60%
09/20 2.05%2.62%
10/20 1.83%2.09%
11/20 1.70%1.77%
12/20 1.68%1.71%
01/21 1.70%1.69%
02/21 1.70%1.72%

Last Updated: March 1, 2021

Focus On

Quebec City housing.

Despite falling mortgage rates and positive employment trends, the real estate market in Quebec City has been slow, seeing only gradual price increases throughout 2019 and so far in 2020. Prices currently sit at $284,000 for a single detached family home, which still falls well below the national average.

Average residential home prices by city

Quebec City$284,100$231,000$192,300

Last Updated: October 20th, 2020

Average home prices in Quebec City still fall well below the national average. Please see below for data on the average price of single-detached houses, townhouses and apartments in Quebec City.

Single-detached Home Prices in Quebec City.

DateHome Prices
Aug 2019$263,900
Sep 2019$273,000
Oct 2019$267,900
Nov 2019$269,500
Dec 2019$266,700
Jan 2020$275,100
Feb 2020$271,500
Mar 2020$272,000
Apr 2020$269,600
May 2020$268,400
Jun 2020$275,000
Jul 2020$283,300
Aug 2020$284,100

Last Updated: October 20th, 2020

The new home market in Montreal is still the least expensive of Canada’s major cities. Currently averaging about $284,100, Montreal’s new homes seem like a bargain compared to those in Toronto, Vancouver, or even Calgary.

Average residential home prices by city

Aug 2019$190,300$220,500
Sep 2019$186,200$221,800
Oct 2019$188,900$220,900
Nov 2019$186,800$222,700
Dec 2019$187,700$221,900
Jan 2020$192,700$225,200
Feb 2020$189,100$223,600
Mar 2020$191,500$225,600
Apr 2020$187,100$227,400
May 2020$188,600$228,100
Jun 2020$194,800$226,700
Jul 2020$190,100$230,400
Aug 2020$192,300$231,000

Last Updated: October 20th, 2020

About Quebec City.

As the capital of its namesake, Quebec City is the seat of political power in la belle province and an endearing centre of French Canadian culture. Founded in the 17th century, it’s one of the oldest cities in North America and its fortified city walls have garnered a UNESCO World Heritage Site distinction.

Quebec City is best-known for its ancient streetscapes and profound sense of history as Canada's first major European settlement. It’s one of the most popular tourist destinations in all of Canada, drawing thousands of visitors year-round, especially when Quebec Winter Carnival, an annual event held since 1955, kicks off.

Ready to save?

Get your free quotes now

Mortgage news

Read More Like This