7 million Canadians have compared and saved

1-866-462-4779

Mortgage Pulse

Mortgage Statistics brought to you by RateSupermarket.ca


Summary of Mortgage Statistics for Canada

Average Mortgage Value $292,000
Most Common Amortization Period 25 Years
Most Common Mortgage Type 5 Year Fixed Closed
Best 5 Year Variable Closed Mortgage Rate 2.05%
Best 5 Year Fixed Closed Mortgage Rate 2.59%
Mortgage Rates we Compare 3243

Mortgage Rate Term and Type Most Often Searched

Mortgage Type Search Percentage
5 Year Fixed Closed 0.03%
5 Year Variable Closed 0.02%

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 $292,000
25 Year 5 Year Fixed Closed 2.05%
2.59%
M/M% 2.82%
0.00%
4.02%
Y/Y% 4.66% 0.00% 4.02%
Alberta $493,000
25 Year 5 Year Variable Closed 2.10%
2.69%
M/M% 78.62%
0.00%
1.89%
Y/Y% 78.62% 0.00% 1.89%
British Columbia $301,000
25 Year 5 Year Fixed Closed 2.10%
2.69%
M/M% 6.36%
0.00%
1.89%
Y/Y% 14.89% 0.00% 1.89%
Manitoba $269,000
25 Year 5 Year Variable Closed 2.10%
2.69%
M/M% 4.67%
0.00%
1.89%
Y/Y% -5.28% 0.00% 1.89%
New Brunswick $258,000
25 Year 25 Year Fixed Closed 2.05%
2.59%
M/M% 6.61%
0.00%
0.00%
Y/Y% -7.19% 0.00% 0.00%
Newfoundland and Labrador $259,000
25 Year 25 Year Fixed Closed 2.10%
2.64%
M/M% 11.64%
0.00%
0.00%
Y/Y% -7.83% 0.00% 0.00%
Northwest Territories $293,000
25 Year 25 Year Fixed Closed 2.10%
2.69%
M/M% 32.58%
0.00%
0.00%
Y/Y% 2.81% 0.00% 0.00%
Nova Scotia $257,000
25 Year 5 Year Variable Closed 2.10%
2.69%
M/M% 4.90%
0.00%
0.00%
Y/Y% -6.88% 0.00% 0.00%
Nunavut $285,000
25 Year 25 Year Fixed Closed 2.10%
2.69%
M/M% 30.14%
0.00%
0.00%
Y/Y% 0.00% 0.00% 0.00%
Ontario $285,000
25 Year 25 Year Fixed Closed 2.10%
2.69%
M/M% -1.04%
0.00%
8.03%
Y/Y% 1.06% 0.00% 8.03%
Prince Edward Island $272,000
25 Year 25 Year Fixed Closed 2.10%
2.69%
M/M% 19.82%
0.00%
0.00%
Y/Y% 1.49% 0.00% 0.00%
Quebec $276,000
25 Year 5 Year Fixed Closed 2.15%
2.89%
M/M% 0.36%
0.00%
3.58%
Y/Y% -2.82% 0.00% 3.58%
Saskatchewan $269,000
25 Year 5 Year Fixed Closed 2.10%
2.69%
M/M% 7.17%
0.00%
1.89%
Y/Y% -1.82% 0.00% 1.89%
Yukon $279,000
25 Year 25 Year Fixed Closed 2.10%
2.69%
M/M% 25.11%
0.00%
0.00%
Y/Y% -2.11% 0.00% 0.00%