Find the best Quebec City mortgage rates. Online Quebec City brokers like Breezeful are your best source for the most competitive rates. We can answer your questions and provide you with an overview of the rates and options offered by lenders and banks in Quebec City, Québec and across Canada.
Quebec City, Québec is the perfect place to call home. 516,622 people currently live in single family homes, condos and townhouses in this lively Canadian city, and an increasing number are relying on local mortgage brokers to discover the best rates and lenders for their home-buying needs. Real estate is spread across 454.1 square kilometers, alongside many popular arts, culture and recreation facilities.
There are generally two types of mortgage rates in Quebec City, Québec to consider when purchasing a home: Fixed and Variable
The “Organisme d'Autoréglementation du Courtage Immobilier du Québec” (OACIQ) plays a vital role in establishing the standards for mortgage professionals in the province. Organizations like OACIQ are important because they protect the public and ensure that local mortgage professionals are educated and engaging in sound broker practices. Perhaps most importantly, they protect home buyers from misconduct under the Real Estate Brokerage act. Their website also offers a wealth of information for first time buyers and re-financers alike.
With 8.4 million residents, Quebec is the second most populated province in Canada, after Ontario. Most of its population is concentrated in cities and towns along the historic St. Lawrence river, with many living in cities like Montreal, Quebec City, Laval, Gatineau, Longueuil and Sherbrooke. The population is split mainly between single family homes and low rise apartment buildings, with about 40% renting and 60% owning their homes. 82% of the province speaks French, which is the only official language of the province under the Official Languages Act of 1974.