Best mortgage rates in Quebec City.
Today’s best rate in Quebec City is 3.60%. We compare Quebec City mortgage rates across 50+ Canadian lenders and lock your best on one application — no bureau pull to start.
The best mortgage rate in Quebec City today is approximately 3.60% — about $1,635/month on Quebec City’s benchmark price of $405,000 with 20% down over 25 years. Affordable provincial capital. Government-employee borrower base.
Rates illustrative; your file (credit, income, LTV) sets your personalized rate. See all Quebec rates →
Quebec City mortgage payments by term
| Term | Best rate | Est. monthly payment* |
|---|---|---|
| 5-Year Fixed | 4.09% | $1,720/mo |
| 5-Year VariableLowest | 3.60% | $1,635/mo |
| 3-Year Fixed | 4.09% | $1,720/mo |
| 3-Year Variable | 3.90% | $1,687/mo |
| 2-Year Fixed | 4.14% | $1,729/mo |
| 1-Year Fixed | 4.74% | $1,837/mo |
| 4-Year Fixed | 4.09% | $1,720/mo |
| 7-Year Fixed | 4.44% | $1,782/mo |
| 10-Year Fixed | 5.34% | $1,948/mo |
A worked example for Quebec City
On Quebec City’s benchmark price of $405,000 with 20% down, the mortgage is about $324,000. At today’s best rate of 3.60% over a 25-year amortization, that’s roughly $1,635/month using Canadian semi-annual compounding. Model your own price and down payment in the payment calculator, and see the income you’d need.
Getting the best mortgage rate in Quebec City.
The posted rate you see advertised isn’t the rate you get. In Quebec City, your number is set by your credit score, your down payment / loan-to-value, whether the mortgage is insured, and the property type — and by which lender’s broker-channel pricing fits your file. Affordable provincial capital. Government-employee borrower base.
What’s specific to Quebec: Desjardins (Quebec's largest financial cooperative) and National Bank dominate the Quebec mortgage market with deeply localized products. Desjardins frequently offers competitive rates with simplified closing through their integrated notary network. French-language service is mandatory for many borrowers — we have French-speaking advisors available. On top of the rate, budget for quebec welcome tax (droits de mutation) — tiered tax of 0.5%–3% on purchase price, billed several months after closing (not at closing like Ontario LTT). Montreal first-time buyers can claim a $5,000 rebate via the Home Ownership Program; other municipalities have their own programs.
We compare Quebec City mortgage rates across 50+ lenders — banks, monolines and Quebec credit unions like Desjardins and National Bank — on a single application, then hold your best rate for 90-120 days. This is the rate-shopping side; for the full local service — pre-approval strategy, document help, a dedicated advisor — see our Quebec City mortgage broker page. Run your numbers on the payment calculator.
Quebec City mortgage rates — FAQ
What is the best mortgage rate in Quebec City right now?
Are Quebec City mortgage rates different from the rest of Canada?
What land transfer tax will I pay in Quebec City?
Can I lock a Quebec City rate before I buy?
Do I need a local Quebec City broker for the best rate?
Whatever your situation in Quebec City
First home, renewal, refinance, investor or self-employed — there's a path for your file, with the same 50+ lender network.
First-time buyers
5% down to your first Quebec City home, with FHSA + RRSP HBP optimization.
Refinancing
Unlock Quebec City equity for renovations, debt consolidation, or investing.
Renewing
Don't auto-renew — most clients beat their bank's first offer by 30-60 bps.
Self-employed
Business-for-self files priced right — A-lender, alt-A and private compared.
Investors
Build your Quebec City rental portfolio — multi-unit and DSCR-style products.
New to Canada
Newcomer programs at the big banks; international credit accepted.
6 reasons to shop your Quebec City mortgage rate through a broker
Why Quebec City buyers and renewers compare the whole market instead of signing their bank's first offer.
50+ lenders compete — not one
A Quebec City bank shows you one rate sheet. We put your file in front of 50+ lenders who bid for it, then pass on the volume pricing we hold.
Broker-channel pricing
The wholesale rate we access is typically 15-30 bps below a bank's posted rate — you can't get it walking into a branch.
A local Quebec City market read
Affordable provincial capital. Government-employee borrower base.
Your rate held 90-120 days
A pre-approval locks today's rate while you shop, and many lenders honour a drop if rates fall before closing.
No bureau pull to start
We shop your Quebec City rate and pre-qualify you with no hard credit check, so comparing costs nothing.
Best-rate guarantee
We'll beat any comparable Big-6 offer or pay you $500 — and our advice is free, paid by the funding lender.
Why shop your Quebec City rate with us
- 50+ lenders on one application — banks, monolines, and Quebec credit unions.
- Broker-channel rates 15-30 bps below posted.
- Local Quebec City market knowledge paired with national lender access.
- FSRA-licensed advice in 50+ languages, online or in person.
We arrange mortgages across Quebec City — Sainte-Foy, Sillery, Saint-Roch, Vieux-Québec, Limoilou and beyond — online or in person, with the same 50+ lender panel and FSRA-licensed advice.