Manitoba Mortgage Rates.

As of April 18th, 2021
Today's Best 5-Year Rate Manitoba
1.65%
Fixed
1.29%
Variable

Manitoba Mortgage Rates

Find the most up to date mortgage rates tailored to your needs. Just adjust the values below.

I am looking to get rates for:
Term Length
Type
Home Price
Downpayment
%
Mortgage Amount
Amortization
Years
LenderRateMonthly Payment
Alterna Savings
Alterna Savings
1.65%
$1,832
DUCA
DUCA
1.84%
$1,872
motusbank
motusbank
1.89%
$1,883
Canada Life
Canada Life
2.02%
$1,912
Equitable
Equitable
2.04%
$1,916
Coast Capital
Coast Capital
2.04%
$1,916
First National
First National
2.09%
$1,927
Peoples Bank
Peoples Bank
2.09%
$1,927
Tangerine
Tangerine
2.14%
$1,938
Canadian Western
Canadian Western
2.14%
$1,938
HSBC
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. 

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.

Mortgage Rates By City

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.