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Best Mortgage Rates in Moncton

Moncton Mortgage Rates

DowntownMonctonCity in Brief: Moncton is located in the southwestern part of New Brunswick in the Petitcodiac River Valley. The city has been nicknamed “Hub City” due to its geographic location at the centre of the maritime provinces, as well as its long history of serving as a land and railway transportation hub. Despite economic struggles in the past, Moncton’s economy is stable and its unemployment rate is consistently lower than the national average.

Population: 71,889 (Source: StatsCan census, 2016)

Average Home Value: $158,000 (as of September 2017; Source: Moncton Real Estate Board

Home Price Change (year-over-year): 3.2%

Minimum Down Payment: $7,900 (based on average home price)

* Note: This page lists lenders with branches in the city and mortgage brokers with registered offices in the city. For a full list of mortgage providers in the province, check the Best Mortgage Rates New Brunswick page. (Image source: Wikipedia)