Quebec Mortgage Rates: Live Bank & Broker Rates for Quebec Borrowers
The Civil Code of Québec is the private-law system. Security is a hypothec, the closing officer is a member of the Chambre des notaires, and droits de mutation immobilière are a municipal invoice that often lands months after registration. Quebec City, Gatineau, Sherbrooke, Trois-Rivières and Saguenay close on that Code even when the labour market is federal (Outaouais) or National Assembly. There is no province-wide first-time mutation refund. AMF and OACIQ are conduct regimes, not a second overnight rate.
Verified 2026-08-29
Live coupons available in QuebecLast updated 2026-10-18
| Source | 5-Year Fixed | 3-Year Fixed | 5-Year Variable |
|---|---|---|---|
Lender 1 | 4.59% | 4.54% | 3.49% |
Bank 1 | 4.84% | 4.99% | 3.85% |
Bank 3 | 4.89% | — | 3.65% |
Bank 4 | 4.99% | 5.09% | 4.05% |
Bank 2 | 5.04% | 5.19% | 3.94% |
Bank 5 | 5.19% | 4.99% | 4.12% |
The table is the nationwide posted file, not a caisse card. Shorter closed terms are a provincial preference. The statute stack is the Code, the Chambre, and a delayed municipal invoice. Sync stamp is on the table.
Provincial rate and closing FAQs
- Can an Ontario solicitor close a Quebec City or Gatineau purchase?
- No. A member of the Chambre des notaires must register the hypothec. The Ottawa River is the legal boundary: a Gatineau PIN is this Code even when the paycheque is federal. Live coupons on this page are still the national posted file.
- Does the Tribunal administratif du logement change the mortgage rate?
- No. TAL (formerly the Régie du logement) is the rental-board exhibit on a plex whose income the underwriter wants to count. It does not emit a 5-year column. A legal hypothec of construction can still prime the lender on a reno — that is a Civil Code priority, not a caisse teaser.
- Is a Quebec mortgage the same instrument as in Ontario?
- No. It is a hypothec under the Civil Code, registered by a notary. The live coupons on this page are still the national file. The security and the closing professional are what change.
- When is the welcome tax due?
- Often three to six months after the notary registers the deed, invoiced by the municipality. It is not always a closing-day trust cheque. Reserve the engine figure on this page.
- Is there a Quebec first-time welcome-tax rebate?
- Not province-wide. Montreal runs a narrower Home Ownership Program. Federal FHSA, HBP and new-build GST relief still apply.
Capitale-Nationale, Outaouais, Saguenay, the regions
Quebec City (Capitale-Nationale) sits in the mid-$300,000s. Saguenay, Trois-Rivières and Sherbrooke often clear under $300,000. Almost the entire provincial book still fits a high-ratio, default-insured structure. Gatineau is the Outaouais fork: federal paycheques, Civil Code closing.
The 3-year column is the term many files outside Montreal actually take — a long-running preference the caisse network historically priced. The number in that column is still this posted file.
Uninsured hypothec renewals that keep principal, remaining years and frequency unchanged can skip the prescribed qualifying floor after 21 November 2024. The registered instrument is still a hypothec, not a common-law charge. Stretching remaining years is a refinance and is tested.
Drummondville, Rimouski, Gaspé and Rouyn-Noranda originate a still-smaller regional book. Tribunal administratif du logement (TAL) filings matter on a plex whose rents the underwriter wants to count — that is a Capitale-Nationale and regional exhibit, not a Plateau product class. The Registre foncier and the post-reform cadastre are how the notary locates the immovable; they are not a coupon source.
Municipal mutation invoice, Revenu Québec floor
Bands are set provincially (0.5 / 1 / 1.5 / 2 / 2.5 percent on indexed thresholds) and collected by the city. Some cities add a higher municipal band on expensive transfers. The engine prices the lib/land-transfer-tax.ts schedule on this page’s $470,000 provincial average so the dollar matches the calculator. A Capitale-Nationale deed at that price is not a Westmount add-on.
The invoice often arrives a season later. That lag is the cash-flow trap outside as well as inside Montreal. There is no Revenu Québec first-time refund. City ownership programs are municipal, not a provincial form.
Chambre des notaires members register the hypothec and handle mutation mechanics. Budget roughly $1,200–$1,800 plus disbursements. Résidence familiale consent can bind a spouse who is not on title.
A Gatineau purchaser working in Ottawa is still on this statute. The Ottawa River is the legal boundary. Do not run an Ontario solicitor worksheet on an Outaouais PIN.
A $470,000 regional mutation worksheet
- Provincial / statutory levy (not first-time): $5,393
- First-time relief on this example: $0
- Net after first-time relief: $5,393
Totals from Ratellow’s land-transfer-tax engine. Live contract rates are a separate dataset.
The engine is the provincial average, not a Plateau plex. Reserve it even if the bill is months away. A million-dollar Westmount deed is a different band — that is the city page.
Notarial disbursements replace a common-law solicitor trust. Scale is similar; statute is not. Title insurance is less automatic because of the Chambre’s role; some funders still require it.
No Revenu Québec first-time mutation refund
Do not paste a $4,000 Land Transfer Tax Act refund onto a Quebec City or Sherbrooke deed. It does not exist. Municipal ownership cheques (Montreal’s program is the known example) have family-composition filters and do not cover the regions.
Registered-plan room and builder GST relief on eligible new construction are the federal stack. The longer insured amortization option applies to qualifying first-time and new-build hypothecs.
The federal shared-equity co-buy is closed. Tell the notary you are first-time before registration if a city program needs it. There is no 18-month late claim equivalent to Ontario’s.
AMF, OACIQ, Chambre, Outaouais
Discharge, renewal and enforcement follow the Civil Code. The PDF is not an Ontario Form 2. The 5-year column is still a number on this posted file.
OACIQ is real-estate brokerage; mortgage brokerage is separately licensed; AMF is the financial-markets regulator. Conduct regimes do not emit a Quebec overnight rate.
Gatineau files are this Code with an Ottawa labour market. Choose the shore before you run mutation math or Ontario PLTT. The posted file does not care. The Chambre does.
Saguenay–Lac-Saint-Jean and the Côte-Nord originate a smaller book whose appraisals track mill and port employment. The Autorité des marchés financiers (AMF) is the markets regulator a complaint might reach; it does not print a Capitale-Nationale coupon. A Quebec City closing before the Chambre is the regional template this page is for — the Plateau plex product class lives on the Montreal page.
A legal hypothec of construction (hypothèque légale de la construction) can prime the lender on a new-build or reno file. The Chambre’s professional-liability fund is why some funders treat title insurance as optional. An Ontario solicitor cannot close here — a member of the Chambre des notaires must. That is the provincial fact the Montreal page assumes and this page has to say out loud for Gatineau and Quebec City purchasers coming from common-law provinces.