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Mortgage Pulse

Mortgage Statistics brought to you by RateSupermarket.ca


Summary of Mortgage Statistics for Canada

Average Mortgage Value $266,000
Most Common Amortization Period 25 Years
Most Common Mortgage Type 5 Year Fixed Closed
Best 5 Year Variable Closed Mortgage Rate 2.00%
Best 5 Year Fixed Closed Mortgage Rate 2.44%
Mortgage Rates we Compare 1003

Mortgage Rate Term and Type Most Often Searched

Mortgage Type Search Percentage
5 Year Fixed Closed 0.65%
1 Year Fixed Closed 0.38%
3 Year Fixed Closed 0.34%
5 Year Variable Closed 0.33%
2 Year Fixed Closed 0.13%
10 Year Fixed Closed 0.11%
4 Year Fixed Closed 0.11%
25 Year Fixed Closed 0.10%
1 Year Fixed Open 0.10%
5 Year Variable Open 0.10%
8 Year Fixed Closed 0.10%
3 Year Variable Closed 0.10%
6 Year Fixed Closed 0.10%
7 Year Fixed Closed 0.10%
1 Year Variable Closed 0.09%
15 Year Fixed Closed 0.09%
3 Year Variable Open 0.09%
9 Year Fixed Closed 0.09%

Province Specific Mortgage Statistics

Province Average Mortgage Value Most Common Amortization Period Most Common Mortgage Type Best 5 Year Variable Closed Best 5 Year Fixed Closed
Canada $266,000
25 Year 5 Year Fixed Closed 2.00%
2.44%
M/M% -5.00%
0.00%
-1.61%
Y/Y% 6.83% 0.00% -1.61%
Alberta $280,000
25 Year 5 Year Fixed Closed 2.00%
2.44%
M/M% 3.32%
0.00%
-12.54%
Y/Y% 12.45% 0.00% -12.54%
British Columbia $281,000
25 Year 5 Year Fixed Closed 2.00%
2.44%
M/M% 8.08%
0.00%
-5.79%
Y/Y% 12.85% 0.00% -5.79%
Manitoba $229,000
25 Year 9 Year Fixed Closed 2.00%
2.44%
M/M% -20.49%
0.00%
-1.61%
Y/Y% -8.03% 0.00% -1.61%
New Brunswick $225,000
25 Year 5 Year Fixed Closed 2.25%
2.59%
M/M% -18.48%
0.00%
0.00%
Y/Y% -8.16% 0.00% 0.00%
Newfoundland and Labrador $233,000
25 Year 5 Year Fixed Closed 2.25%
2.59%
M/M% -17.96%
0.00%
0.00%
Y/Y% -2.92% 0.00% 0.00%
Northwest Territories $243,000
25 Year 1 Year Variable Closed 2.25%
2.44%
M/M% -14.74%
0.00%
-12.54%
Y/Y% -2.80% 0.00% -12.54%
Nova Scotia $220,000
25 Year 2 Year Fixed Closed 2.25%
2.59%
M/M% -22.26%
0.00%
0.00%
Y/Y% -10.93% 0.00% 0.00%
Nunavut $243,000
25 Year 1 Year Fixed Closed 2.25%
2.44%
M/M% no data
0.00%
-12.54%
Y/Y% -2.80% 0.00% -12.54%
Ontario $283,000
25 Year 1 Year Fixed Closed 2.05%
2.44%
M/M% 0.35%
0.00%
-12.54%
Y/Y% 14.57% 0.00% -12.54%
Prince Edward Island $237,000
25 Year 5 Year Fixed Closed 2.25%
2.59%
M/M% -16.84%
0.00%
0.00%
Y/Y% -4.82% 0.00% 0.00%
Quebec $248,000
25 Year 5 Year Fixed Closed 2.10%
2.74%
M/M% -12.98%
2.44%
5.79%
Y/Y% -6.42% 2.44% 5.79%
Saskatchewan $246,000
25 Year 5 Year Fixed Closed 2.00%
2.44%
M/M% -9.23%
0.00%
-1.61%
Y/Y% -3.53% 0.00% -1.61%
Yukon $242,000
25 Year 1 Year Fixed Closed 2.25%
2.44%
M/M% -15.09%
0.00%
-12.54%
Y/Y% -3.20% 0.00% -12.54%