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Best Regina mortgage rates
The rate table shows 5-year fixed mortgage rates in Regina. To compare other rate types and terms, click on the filters icon beside the down payment percentage.
As of:
Regina mortgage rates: FAQ
What is the mortgage rate in Regina?
To compare the best mortgage rates in Regina, be sure to consult our rate table above. It’s updated automatically throughout the day, so you can be confident that you’re looking at the most up-to-date Regina mortgage rates.
Who has the cheapest mortgage rates in Regina?
As of September 19, 2025, the cheapest 5-year variable mortgage rate in Regina is 3.70%, and the cheapest 5-year fixed rate is 3.94%. To see the best and most current Regina mortgage rates available to you, consult our rate table above and shop around.
Are mortgage rates going down in Regina?
After climbing sharply in 2022 and 2023, mortgage rates began to ease in mid-2024 as the Bank of Canada shifted to rate cuts. Between June 2024 and March 2025, the Bank lowered its overnight rate seven times, bringing it down to 2.75%. Following three consecutive holds through the spring and summer, the Bank cut again in September 2025, reducing the rate to 2.50%. This has lowered the prime rate to 4.70%, giving Regina borrowers with variable-rate mortgages and HELOCs some welcome relief.
Further rate cuts remain possible later in 2025, depending on how inflation, employment, and global trade conditions unfold. The Bank has signalled it is watching these factors closely before deciding its next move.
Fixed mortgage rates, meanwhile, are driven by Government of Canada bond yields rather than directly by the BoC’s policy rate. After spending much of the summer above 3%, five-year bond yields have since eased into the 2.6%–2.7% range. As a result, the lowest five-year fixed insured mortgage rate in Regina is now around 3.94%. Any further drop in fixed rates will depend on whether bond yields continue to move lower.
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Getting the best mortgage rates in Regina

Jamie David, Sr. Director of Marketing and Mortgages
As the capital city of Saskatchewan, Regina is one of the most important cities in the Candian Prairies. While it has a smaller population than neighbouring Saskatoon, Regina is the political heart of the province.
As such, Regina is home to a thriving real estate and mortgage market, with plenty of mortgage products available for current or future homeowners. Regina has significantly lower home prices than many of Canada's larger cities, which is a real benefit to first-time home buyers in the city.
Below we've laid out some of the things you should consider before looking for a mortgage in Regina. When you're ready, you can compare personalized quotes for mortgage rates in Regina with the tools at the top of this page.
Best mortgage rates in Regina +
Rates updated:
Rate | Term | Type | Provider |
---|---|---|---|
3.69% | 3 years | Fixed | Big 6 Bank |
3.89% | 5 years | Fixed | Canadian Lender |
4.24% | 4 years | Fixed | Big 6 Bank |
4.44% | 2 years | Fixed | Canadian Lender |
4.94% | 1 year | Fixed | Canadian Lender |
Comparing the best mortgage rates in Regina
The comparison tables at the top of this page list the best mortgage rates available in Regina, up to the minute. Comparing rates between multiple providers and mortgage brokers is the best thing you can do to get the lowest rate possible.
Of course, your personal rate may be different from the rates listed above. The rate you're eligible for can change based on things like your down payment, the price of the house, your credit score, which lender you choose, as well as what the property is being used for.
Luckily, you can get personalized quotes for mortgage rates without filling in a full mortgage application. Use the tools at the top of this page and we’ll provide you with personalized mortgage quotes from Regina lenders in under two minutes.
Regina closing costs
When applying for a new mortgage in Regina, you'll need to consider the closing costs associated with all property purchases. Most of these costs will need to be paid upfront, so you’ll need to save the cash to pay for them (in addition to your down payment).
CMHC Insurance: If your mortgage is an insured mortgage, you'll need to pay for mortgage default insurance. This will normally be included as part of your mortgage, so you won't need to provide it in cash.
Saskatchewan Land Title Fees: While there is no land transfer tax in Saskatchewan, as there is in most other provinces, there is a schedule of land title fees. The exact fee you'll pay is dependent on the kind of transaction involved.
For typical home purchases, you'll pay a Title or Abstract Transfer Fee. For homes with a purchase price of $8,401 or more, this fee will be 0.3% of the purchase price, which is cheaper than land transfer tax rates in most provinces. The full schedule of fees is listed in the table below (Source: ISC Land Title Fees).
Registration Services | Fees | |
Titles & Abstracts Valued At | Fee | |
Title or Abstract Transfer | $0 to $500 | Free |
$501 to $8,400 | $25 | |
$8,401 and greater | 0.3% of the value of the title or abstract | |
Title Transmission | $0 to $500 | Free |
$501 to $8,400 | $12.50 | |
$8,401 and greater | 0.15% of the value of the title or abstract | |
Title or Abstract Surrender | $0 to $500 | Free |
$501 to $8,400 | $12.50 | |
$8,401 and greater | 0.15% of the value of the title or abstract, based on the value of the title being set up | |
Title or Abstract Set-up | $0 to $500 | Free |
$501 to $8,400 | $12.50 | |
$8,401 and greater | 0.15% of the value of the title or abstract, based on the value of the title being set up | |
Transfer of Title to Surviving Joint Tenant | $0 to $500 | Free |
$501 and greater | $12.50 | |
Condominium First Raise of Title* | $0 to $500 | Free |
$501 to $25,000 | $25.00 | |
$25,001 and greater | 0.1% of the value of the title or abstract | |
Title Consolidation* – where at least one owner remains the same before and after the transaction* | $0 to $500.00 | Free |
$501 to $25,000 | $25.00 | |
$25,001 and greater | 0.1% of the value of the title or abstract | |
Parcel Consolidation* – where at least one owner remains the same before and after the transaction | $0 to $500 | Free |
$501 to $25,000 | $25.00 | |
$25,001 and greater | 0.1% of the value of the title or abstract | |
Parcel Subdivision* – where at least one owner remains the same before and after the transaction | $0 to $500 | Free |
$501 to $25,000 | $25.00 | |
$25,001 and greater | 0.1% of the value of the title or abstract | |
Adding or Removing a Joint Tenant From Title* – where at least one joint tenant remains the same before and after the transaction | $0 to $500 | Free |
$501 to $25,000 | $25.00 | |
$25,001 and greater | 0.1% of the value of the title or abstract | |
Mineral Commodity Set-up | Free | |
Condominium Ownership Register Setup | Free | |
Alternate Authority Setup Per Title, Interest, or Share Affected | $60.00 | |
Alternate Authority Removal per Title, Interest, or Share Affected | Free | |
Title or Abstract Print with Registration | $12.00 per title (Additional charges will apply for output in email, fax, or paper) |
*Reduced rate only applies to constant owner. Additional owners will be charged regular set-up fees.
These are just some of the closing costs you’ll have to pay in Regina. Learn more on our closing costs education centre page.
Regina first-time home buyer rebates
Most of the first-time home buyer programs in Canada are administered at the provincial level, and they typically involve a rebate of any applicable land transfer taxes. Unfortunately, there aren't any rebates of this type in Saskatchewan for first-time home buyers. However, Saskatchewan's title transfer fees are generally lower than land transfer taxes in other provinces, so first-time home buyers in Regina are still in a good position.
In any case, new home buyers in Regina are still eligible for first-time home buyer programs at the federal level, including:
- RRSP Home Buyer’s Plan: This lets you borrow up to $60,000 from your RRSP for your down payment. The money must be paid back within 15 years.
- First-Time Home Buyer’s Tax Credit: This is a tax credit of up to $750, available when you file your taxes for the year in which you bought your first home.
- GST/HST New Housing Rebate: If your home is newly built, it may be subject to GST or HST. This rebate gives you some or all of that tax back.
Each of these schemes has eligibility criteria and additional rules that apply, which you'll need to investigate further before you apply for them.
Jamie David, Director of Marketing and Head of Mortgages
Jamie has 15+ years of business and marketing experience. She contributes her mortgage expertise to The Globe and Mail and authors Ratehub’s mortgage and homebuying guides. read full bio
Want to learn more? Check out our comprehensive education centre
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