Manitoba Mortgage Rates
Find the most up to date mortgage rates tailored to your needs. Just adjust the values below.
| Lender | Rate | Monthly Payment |
|---|---|---|
 Alterna Savings | 1.65% | $1,832 |
 DUCA | 1.84% | $1,872 |
 motusbank | 1.89% | $1,883 |
 Canada Life | 2.02% | $1,912 |
 Equitable | 2.04% | $1,916 |
 Coast Capital | 2.04% | $1,916 |
 First National | 2.09% | $1,927 |
 Peoples Bank | 2.09% | $1,927 |
 Tangerine | 2.14% | $1,938 |
 Canadian Western | 2.14% | $1,938 |
 HSBC | 2.19% | $1,949 |
Notes
- These rates are for Prime customers. To qualify, you generally need a good credit score and a steady job.
- The following rates may not be valid for uninsured mortgages.
Manitoba at a Glance
From the Polar Bear Capital of the World in Churchill to the plains of Portage la Prairie, Manitoba is located in the centre of Canada. Most of Manitoba’s population is located in Winnipeg, which is Manitoba’s capital and largest city. Winnipeg has 55% of Manitoba’s population and has the most hours of clear skies on average per year out of all Canadian cities.Â
29% of Manitobans rent their homes, 69% own, and 2.6% live in band housing. Over the last 26 years, the number of rental units in Winnipeg increased by 4% while Winnipeg’s population increased by 20%.
Mortgage Lenders in Manitoba
The Big Five Banks (RBC, TD, Scotiabank, BMO, and CIBC) operate in Manitoba. There are 22 credit unions in Manitoba. Manitoba’s largest credit union, Steinbach Credit Union, is the eight largest in Canada with just under 100,000 members. This is followed by Assiniboine Credit Union, Cambrian Credit Union, and Access Credit Union. Hubert Financial is the only online credit union in Manitoba to offer mortgages.
Mortgage Brokers
Mortgage brokers in Manitoba are regulated by the Manitoba Securities Commission. There are also restricted mortgage brokers who can engage in soliciting mortgage lenders and can arrange a mortgage, but they cannot buy or sell mortgages. Registered insurance companies, banks, and credit unions do not need to be registered as mortgage brokers.
Some mortgage brokers include Dominion Lending Centres, Centum, Invis, Vertuity Mortgage, One Link Mortgage, Ideal Mortgage Solutions, and Divine Mortgage Group.
While we try our best to get you the best rates, we cannot guarantee that they are always accurate. WOWA assumes no liability for the accuracy of the information presented, and will not be held responsible for any damages resulting from its use.