Mortgage Rates in Manitoba.

As of January 22nd, 2021
Today's Best 5-Year Rate Manitoba
1.68%
Fixed
1.55%
Variable
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Best Manitoba Mortgage Rates

Best mortgage rates sorted for you by mortgage term length

Mortgage TermFixed RateVariable Rate
1 YEAR TERM
1.64%
Get Rate
No Rate
2 YEAR TERM
1.64%
Get Rate
No Rate
3 YEAR TERM
1.64%
Get Rate
2.45%
Get Rate
4 YEAR TERM
1.64%
Get Rate
No Rate
5 YEAR TERM
1.68%
Get Rate
1.55%
Get Rate

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.

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Current Mortgage Rates Manitoba

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

Term Length
Type
Home Price
Downpayment
%
Mortgage Amount
Amortization
I am looking to get rates for:
LenderRateMonthly Payment
Canada Life
Canada Life
1.68%
$1,838
Equitable
Equitable
Get This Rate
1.69%
$1,840
FN
FN
Get This Rate
1.74%
$1,851
The Mortgage Centre
The Mortgage Centre
Get This Rate
1.74%
$1,851
Simplii Financial
Simplii Financial
1.76%
$1,855
Peoples Bank
Peoples Bank
Get This Rate
1.79%
$1,862
TD
TD
Get This Rate
1.84%
$1,872
BMO
BMO
1.93%
$1,892
motusbank
motusbank
1.95%
$1,896
Tangerine
Tangerine
Get This Rate
1.99%
$1,905
MCAP
MCAP
Get This Rate
2.04%
$1,916
Show more rates

Notes

  • Weekly changes compared to January 22nd, 2021
  • 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.

Mortgage Rates in Manitoba

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.

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.