How to Lock In a Mortgage Rate for Moving Day in Quebec (2025 Update)

In Quebec, July 1st isn’t just Canada Day — it’s Moving Day. And if you’re buying a home this year, locking in your mortgage rate ahead of time could save you thousands. Here’s how to do it right in 2025.

Moving Day in Quebec Just Got Even Better (and Smarter)

If you live in Quebec, you already know that July 1st isn’t just Canada Day—it’s Moving Day. Every year, thousands of residents pack up their lives and move into new homes, making it one of the busiest days on the real estate calendar.
But what if we told you there’s a way to make that move even smoother—and smarter financially?
Thanks to a limited-time mortgage rate hold promotion from nesto, Quebec homebuyers can lock in a competitive fixed rate today and keep it secure all the way until July 15th, giving you peace of mind and protection against rising interest rates.

What Is nesto’s Extended Rate Hold Offer?

Under normal circumstances, most lenders offer a 120-day rate hold. That means you can secure today’s rate and shop for a home or prepare for a mortgage renewal within the next four months—without worrying about rate hikes.
But nesto’s Moving Day promotion gives you up to 165 days.
If you lock in your rate earlier in the year—say, February 1st—you’ll get up to 45 bonus days beyond the standard hold, extending all the way to July 15th.
Here’s how the timing works out:

Rate Lock Date	Hold Length	Rate Held Until
February 1, 2023	165 days	July 15, 2023
February 15, 2023	150 days	July 15, 2023
March 17, 2023	120 days	July 15, 2023

The earlier you lock in your rate between now and March 17th, the longer you’ll benefit from that protection—at no extra cost.

Why Does This Matter for You?

Buying a home or renewing your mortgage in 2025 means facing a market that’s still adjusting to fluctuating rates and affordability pressures. Rate hikes can happen fast and without warning—and that can throw a wrench in your plans.
With nesto’s rate hold:

• 🛑 You freeze your mortgage rate before any potential increases
• 📆 You gain more time to house hunt, plan your move, or finalize paperwork
• 🔒 You lock in today’s best fixed rate on a 2, 3, 4, or 5-year mortgage
• ✅ You have one less thing to stress about during a hectic Moving Day season

How to Qualify for the Moving Day Rate Hold

It’s simple. All you need to do is submit your mortgage application to nesto between now and March 17th.
Once approved, you’ll be eligible for a rate hold that extends up to July 15th, 2023, depending on your lock-in date. Whether you’re buying a home, refinancing, or renewing, you’re covered.
And the best part? You don’t have to rush your decision or scramble to meet a narrow deadline.

Why It’s a Smart Move (Literally) for Quebec Homebuyers

Most lenders don’t start their July rate locks until March or later. That means if you wait, you’ll only get a standard 120-day rate hold—maybe even less.
nesto’s offer gives you a head start, especially helpful if:

• You’ve already found your future home but haven’t finalized your mortgage
• You’re planning to move this summer and want to lock in a deal now
• You’re concerned about interest rates creeping up again by spring

A few weeks of early action could save you thousands over the life of your mortgage.

Mini Verdict: Lock It In and Relax Until July

Moving Day in Quebec is always hectic—but your mortgage doesn’t have to be. With nesto’s extended rate hold offer, you can secure today’s best fixed rate now, and take your time to finalize your plans with peace of mind.
No panic. No pressure. Just a smart way to stay ahead.

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Why Choose Mortgage.Expert?

We bring you the best offers, advice, and insights across Canada—always tailored to where you are in life. Whether you’re a first-time buyer in Montreal or renewing in Laval, we help you compare rates, understand your options, and secure your mortgage confidently.

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Moving in Quebec This Year?

Lock in your mortgage rate before Moving Day and protect your budget from rate hikes. Whether you’re buying now or planning for July 1st, we’ll show you how to secure the best offer in time.
Lock In Your Rate Before Moving Day