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Best mortgage rates for Quebec City on RateSupermarket.ca
If you are looking to search for the best mortgage rates in Quebec City, you've come to
the right place. RateSupermarket.ca compares over 55 mortgage lenders and Quebec City
mortgage brokers so you'll be sure to find the best mortgage rates in Quebec City.
You can either go compare Quebec City's current mortgage rates now at,
http://www.ratesupermarket.ca/best_mortgage_rates/Quebec_City.html, or look at the latest
Quebec City mortgage news listed below.
Quebec City mortgage rate forecast

The Canadian Mortgage and Housing Corporation (CMHC) has reported in their latest
Housing Market Outlook for Montreal that mortgage rates are expected to continue to
decrease throughout 2008 , but will be within 25-50 basis points of their current levels. For
2009, posted mortgage rates will begin to drift up slightly as the year progresses. For 2008
and 2009, the one-year posted mortgage rate is forecast to be in the 6.50- 7.50 per cent
range, while three and five-year posted mortgage rates are forecast to be in the 6.75-7.50 per
cent range.

Quebec City house prices

The CMHC believes that resales on the MLS shall be down in all major centres of the province in 2008 including Qu\u00e9bec with a 4 per cent decline. Despite these declines resale volumes will remain relatively high across these areas. Meanwhile, average prices shall continue to climb, recording growth of between 2% - 10%.

CMHC Quebec City housing market forecast
Census Metropolitan Area
Total Housing
Starts
MLS sales
MLS average
price
Quebec City
2007
5,284
7,287
$178,212
2008 (F)
5,000
7,000
$191,000
2009(F)
4,850
7,200
$201,000
Source = CMHC
MLS = Multiple Listings Service
Mortgage lender's and mortgage broker's rates that we compare in Quebec
City, Quebec, Canada

RateSupermarket.ca compares the most mortgage rates in Quebec City, Canada from the top lenders including banks, credit unions, trusts, and are also the only site to compare Quebec City mortgage broker's rates.

RateSupermarket.ca compares mortgage rates from the following:

AGF Trust
Alterna Bank
Alterna Savings
Bank of Quebec City
Bank of Nova Scotia
Bridgewater Bank

Caisses Desjardins
Canadian Tire Financial
Services
Canadian Western Trust
Cataract Savings & Credit
Union

CIBC Mortgages
Citibank
Citizens Bank of Canada
Comtech Credit Union
Concentra Financial
DUCA Financial Services

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