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Current Mortgage Rates in Saskatchewan

Looking to get a mortgage in Saskatchewan? We shop the most competitive brokers, lenders and banks in Saskatchewan to bring you today's lowest interest rates, free of charge! Our comparison charts list current Saskatchewan rates, and are updated on a daily basis. To compare a certain category, click on the "See All" button for more details.

Broker Mortgage Rates Minimize Table Maximize Table
TERM FIXED
1-yr 3.28% CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
2-yr 3.38% CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
3-yr 3.49% CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
4-yr 3.49% CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
5-yr 3.54% CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
6-yr 3.89% CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
7-yr 3.74% CMLS Financial Compare all rates
10-yr 4.04% CMLS Financial Compare all rates
TERM VARIABLE
1-yr
2-yr
3-yr 3.45%
Prime - 0.50
Affinity Credit Union Compare all rates
4-yr
5-yr 2.75%
Prime - 1.20
CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
6-yr
7-yr
10-yr
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HELOC Rates Minimize Table Maximize Table
HELOC 4.45%
Prime + 0.50
CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
ALL-IN-ONE 4.45%
Prime + 0.50
Manulife Bank of Canada Compare all rates
Cash back mortgage Minimize Table Maximize Table
5-yr 4.64%
5% Cash Back
CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
7-yr 6.64%
5% Cash Back
Simplii Financial Compare all rates
10-yr 7.55%
5% Cash Back
Simplii Financial Compare all rates
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Open mortgage rates Minimize Table Maximize Table
TERM FIXED
1-yr 4.50% TD Bank Compare all rates
3-yr
5-yr
TERM VARIABLE
1-yr
3-yr 5.15%
Prime + 1.20
Bank of Montreal Compare all rates
5-yr 4.75%
Prime + 0.80
CanWise Financial A Ratehub Company
(2027)
Lic. 12530 Compare all rates
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Bank Mortgage Rates Minimize Table Maximize Table
TERM FIXED
1-yr 3.39% RBC Royal Bank Compare all rates
2-yr 3.49% HSBC Compare all rates
3-yr 3.59% Tangerine Compare all rates
4-yr 3.64% Equitable Bank Compare all rates
5-yr 3.69% Equitable Bank Compare all rates
10-yr 4.09% Tangerine Compare all rates
TERM VARIABLE
1-yr
2-yr
3-yr 3.80%
Prime - 0.15
Scotiabank Compare all rates
4-yr
5-yr 2.85%
Prime - 1.10
Equitable Bank Compare all rates
10-yr
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Saskatchewan Housing Market Forecasts1

Saskatchewan’s economy will increase over the next few years as commodity prices increase, along with and increases in the drilling and mining industries. Increasing production of Potash will be a leading driver for this sector increase as prices are expected to increase and inventories are currently low. Both population size and employment wage rates have increase recently, directly leading to increased consumer spending and demand for housing. The increase in wages, and decrease in unemployment, will positively affect the number of international migrants to Saskatchewan further driving the housing market.

Metropolitan Area Year Housing Starts MLS Total Sales MLS Average Sale Price
Saskatoon
2016(*) 1850 4900 $341,500
2017(*) 1955 5100 $346,000
Regina
2016(*) 1325 3400 $341,500
2017(*) 1385 3450 $314,500

References and Notes

  1. CMHC

Current Mortgage Rates by Province