Best mortgage rates
in Quebec.

Quebec's droits de mutation immobilière (transfer duties, colloquially the 'welcome tax') are billed by the municipality months after closing rather than collected at closing like Ontario LTT, must be paid in cash, and cannot be added to your mortgage — so budget them separately. For 2026 the provincial brackets are 0.5% on the first $62,900, 1% to $315,000 and 1.5% above that; each municipality then sets its own rate on the portion above $500,000, capped at 3% for everyone except Montréal, whose grid runs to 4%. Eligible first-time buyers can claim the new refundable credit for access to homeownership, worth up to $5,875 of the duty on a home valued under $750,000.

In Quebec, real estate closings are handled by a notaire (notary), not a lawyer. Notaries draft and register the deed and the mortgage. The notary is typically chosen by the buyer; legal fees are usually $1,200-$2,500 plus disbursements.

Yes — we have French-speaking advisors. All major Quebec lenders (Desjardins, National Bank, RBC, Scotia, BMO) deliver mortgages bilingually with French documentation available on request. Smaller monoline lenders sometimes deliver in English only — we'll tell you upfront which lenders accept French-language files.

Quebec uses the civil-law hypothèque (rather than common-law mortgage) — functionally similar but with different default and foreclosure mechanics. The hypothèque is registered against the property at the Bureau de la publicité des droits. We handle Quebec hypothèque files identically to mortgages elsewhere; the notary manages the registration.

On Q2 2026 median single-family prices from Centris: the Island of Montréal (~$835K) and Brossard (~$733K) lead, followed by Laval (~$634K) and Longueuil's Le Vieux-Longueuil borough (~$628K). Gatineau's largest sector (~$490K), the Québec City agglomeration (~$485K) and Sherbrooke's largest borough (~$458K) are materially more affordable. Note these are medians per property form — the condominium medians behind them sit far lower, $483.5K on the island and $400K in Brossard. The Greater Montreal Area accounts for roughly 70% of provincial mortgage origination.

Yes — the federal stress test applies uniformly in every province: you must qualify at your contract rate plus 2%, or 5.25%, whichever is higher. There is no Quebec-specific exception. The stress test determines your maximum mortgage size, not the rate you pay.

Federal minimums apply: 5% on the first $500,000 of purchase price, 10% on the portion from $500,000 to $1,500,000, and 20% above $1,500,000. At Quebec's median home price of $523,250, the minimum down payment is roughly ~5.2%. Below 20% requires CMHC, Sagen, or Canada Guaranty default insurance.

Federally: the First-Time Home Buyer Tax Credit ($1,500 non-refundable), the First Home Savings Account (FHSA — save up to $40,000 tax-free), and the RRSP Home Buyers' Plan ($35,000 withdrawal repaid over 15 years) all apply province-wide. Provincially: Quebec's refundable tax credit for access to homeownership, new for 2026 and retroactive to 1 January, reimburses eligible first-time buyers 100% of the first $5,000 of transfer duties plus 25% of the next $3,500 — up to $5,875.