How do I compare mortgage rates in Saskatchewan?

How do I compare mortgage rates in Saskatchewan?

When you’re trying to get a mortgage in Saskatchewan, one of the best things you can do is to compare mortgage rates from multiple lenders. This ensures you don’t miss out on the best deal. Comparing mortgages from multiple providers can help you find a lower mortgage rate, which can save you thousands of dollars over the course of your mortgage.

What happens if you have a low credit score in Saskatchewan?

Credit score: A low credit score may mean you cannot get approved by an ‘A lender’, like a big bank or credit union. If you’re forced to take a mortgage from a ‘B lender’, you’ll probably be charged a higher rate. Saskatchewan mortgage rates rise and fall, as do rates across Canada.

How will rising mortgage rates affect Saskatchewan’s housing market?

The CMHC predicts that rising Saskatchewan mortgage rates in the next few years will dampen price gains in 2022 and 2023, but Saskatchewan’s recovering economy will still drive strong demand for housing in the province.

Where can I get a mortgage in Saskatoon?

The Mortgage Centre operates in Regina and Saskatoon through Design Mortgages, Sky Financial, and Saskatoon Mortgage Centre. Mortgages offered by The Mortgage Centre in Saskatchewan include construction mortgages, self-build mortgages, multi-residential mortgages, commercial mortgages, second mortgages, and private mortgages.