By Matrix Real Estate Group – Your Local Real Estate Experts

As we step into May, Regina's real estate market is experiencing increased activity. If you're considering buying a home, it's crucial to understand the current mortgage landscape.

Current Mortgage Rates in Regina

As of April 28, 2025, the best available mortgage rates in Regina are:

• 5-year fixed insured mortgage: 3.99% (offered by Laurentian)

• 5-year variable insured mortgage: 4.20% (offered by Equitable)

• 3-year fixed insured mortgage: 4.04% (offered by Conexus Credit Union) WOWA
  
  

These rates reflect a competitive lending environment, providing opportunities for buyers to secure favorable terms.

Economic Factors Influencing Rates

The Bank of Canada recently reduced its policy rate to 2.75% on April 16, 2025, signaling a cautious approach to economic growth and inflation . This decision may influence mortgage rates, potentially leading to further rate cuts in the coming months.PerchCBS News+1dailytelegraph+1

Implications for Buyers

• Affordability: Lower mortgage rates can enhance affordability, allowing buyers to consider higher-priced homes or reduce monthly payments.

• Timing: With the current rates, it's an opportune time to enter the market before potential rate increases.

• Preparation: Ensure your finances are in order, including securing a mortgage pre-approval, to act swiftly when the right property becomes available.
  
  

If you're ready to explore mortgage options or need assistance understanding how these rates impact your buying power, consider reaching out to local mortgage professionals or financial advisors. Staying informed and prepared will position you to make confident decisions in Regina's dynamic housing market.

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