Saskatchewan

Best mortgage rates in Saskatchewan: compare today's fixed and variable offers

Compare today's best mortgage rates in Saskatchewan for purchases, renewals, refinances, and home equity scenarios. See indicative fixed and variable offers, what type of borrower typically qualifies, and when a lower rate may come with trade-offs in penalties, portability, or flexibility.

Rates updated daily · Displayed rates are indicative and may change based on down payment, insurance status, property type, and borrower profile.

Live rates

Saskatchewan mortgage rates

Transaction

Purpose

Province

Purchase price

Down payment

$ 20%

Amortization

Term

Fixed

Variable

Current market rates are shown below as a quick reference. For a personalized quote based on your details, contact us or review our current Ontario rates overview.

Typical Canadian mortgage rates - Ontario, owner-occupied purchase (indicative, updated regularly)
Term	Fixed rate	Variable rate	Note
1 year	~4.69%	-	Short commitment
2 year	~4.39%	-	Rate reset opportunity
3 year	~3.94%	~3.55%	Mid-term flexibility
4 year	~4.39%	-
5 year	~4.04%	~3.44%	Most popular term

Rates are indicative and change daily. Speak with a Frank advisor for live lender pricing tailored to your profile.

Rates are from our lender network and shown for informational purposes only. Your actual rate depends on your borrower profile and selected product. Speak with a Frank advisor for a personalized quote.

Programs

Saskatchewan first-time buyer programs

First Home Savings Account (FHSA)

Contribute up to $8,000/year (lifetime max $40,000). Tax-deductible contributions; tax-free qualifying withdrawals. A strong tool for first-time buyers building a down payment.

RRSP Home Buyers' Plan (HBP)

Withdraw up to $60,000 tax-free from your RRSP ($120,000 for two buyers). Repay over 15 years, or withdrawn amounts are added to your annual income.

No Land Transfer Tax

Saskatchewan buyers pay only a land title transfer fee of $4 per $1,000 of property value (0.4%) - significantly lower than land transfer taxes in Ontario, BC, or Manitoba.

Closing costs

Saskatchewan land title fees

Saskatchewan does not charge a land transfer tax. Instead, buyers pay a land title fee of approximately 0.4% of property value (with a minimum of $25 for amounts over $500) and a $160 flat mortgage registration fee.

Saskatchewan has no land transfer tax

Fee type	Amount
Land title transfer fee	$4 per $1,000 of property value (0.4%)

No. Saskatchewan does not charge a land transfer tax. Instead, buyers pay a land title fee of approximately 0.4% of property value (with a minimum of $25 for amounts over $500) and a $160 flat mortgage registration fee.

FAQ

Saskatchewan mortgage rate - common questions

Does Saskatchewan have a land transfer tax?

How do I get the best mortgage rate in Saskatchewan?

Work with a mortgage broker who shops multiple lenders. Maintaining credit above 680, minimizing other debts, and having at least 5% down (on purchases under $1.5M) gives you access to the best rates. Frank is licensed in Saskatchewan and charges no fee on prime mortgages.

Does Frank charge a fee for Saskatchewan mortgages?

No. Frank charges $0 for prime (A-lender) mortgages and alternative (B-lender) mortgages in Saskatchewan. Frank is compensated by the lender. We only charge fees when a private mortgage is necessary.

Related resources

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