Lower rates = huge savings
So, how much can you save by comparing mortgage rates in Saskatchewan? We crunched the numbers and the answer is, quite a bit. For example, 5-year fixed rates at LowestRates.ca now average less than 2.5% in Saskatchewan, while bank-posted 5-year fixed rates average more than 4.5%.
On a $400,000 mortgage, that difference in rates would result in more than $5,000 of savings per year.