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Current Mortgage Rates in Saskatoon

Browse our aggregated Saskatoon mortgage rates to find the lowest rates possible. Click “See all” to compare.

TERM FIXED
1-yr 2.69% CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
2-yr 2.69% CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
3-yr 2.69% CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
4-yr 2.69% CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
5-yr 2.39% CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
6-yr 3.89% CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
7-yr 2.93% CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
10-yr 3.09% CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
TERM VARIABLE
1-yr
2-yr
3-yr 3.70%
Prime - 0.25
CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
4-yr
5-yr 2.75%
Prime - 1.20
CanWise Financial A Ratehub Company Lic. 12530 Compare all rates
6-yr
7-yr
10-yr
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Best Saskatoon mortgage rates


Best London mortgage rates

Mortgage rates in Saskatoon are expected to moderately rise in early 2017, according to some economists.

Saskatoon Information

Located at the heart of Canada's farming and agricultural export market, Saskatoon has a population of over 260,900 people.

The Saskatoon housing market1

Saskatoon’s housing starts are expected to see even greater declines in 2016 before increasing slightly in 2017 as the local economy improves. Low demand across the Saskatoon Census Metropolitan Area (CMA) continues to favor buyers in the market, and resale housing market prices will continue to face pressure in 2017. However, improving economic conditions will help new home construction increase in 2017.

Year MLS® Sales MLS® Avg Price
2015 5,215 $342,727.00
2016 forecast 4,880-4,920 $339,600-$343,400
2017 forecast 5,080-5,120 $344,000-$348,000

Low mortgage rates in Saskatoon and job growth are expected to help sustain housing demand. However, job growth is stunted by low commodity prices, reducing hiring levels. Lower prices for resale homes and a greater number of listings will help ensure that housing start growth remains modest.


Saskatoon mortgage brokers

Finding a mortgage broker in Saskatoon is beneficial because they can help with your mortgage and financing needs and will handle all the rate negotiations to ensure you get the best mortgage rate in Saskatoon.


References and Notes

  1. Data taken from the CMHC