British Columbia
Mortgage Rates Across British Columbia
Compare mortgage rates from top lenders in cities across BC. Whether you are buying in Vancouver, Surrey, Kelowna, or Victoria, find the lowest rate for your situation.
Browse by City
Find Rates in Your City
Select a city to view local mortgage rate information, average home prices, and access our free comparison tools.
Vancouver
Condos, townhomes, and detached homes in Canada's most dynamic market.
Avg. Home Price
$1,250,000
Surrey
The fastest-growing city in BC with rapidly expanding neighbourhoods.
Avg. Home Price
$980,000
Burnaby
SkyTrain-connected living with excellent access to Vancouver.
Avg. Home Price
$1,100,000
Richmond
A diverse, vibrant community with excellent amenities.
Avg. Home Price
$1,050,000
Kelowna
Okanagan lifestyle with year-round recreation.
Avg. Home Price
$750,000
Victoria
BC's capital city offering island living with urban amenities.
Avg. Home Price
$850,000
Langley
A suburban family community with rural charm.
Avg. Home Price
$920,000
Coquitlam
The Tri-Cities hub with excellent transit connections.
Avg. Home Price
$1,000,000
New Westminster
A historic city with waterfront living and SkyTrain access.
Avg. Home Price
$780,000
Abbotsford
Agricultural roots with strong affordability.
Avg. Home Price
$680,000
Why Compare Mortgage Rates in BC?
British Columbia has some of the highest home prices in Canada. A small rate difference translates into significant savings.
Save thousands over your mortgage term
On a typical BC mortgage, even a 0.25% rate improvement saves $5,000 to $15,000 in interest over a five-year term. The higher the purchase price, the more you save by shopping around.
Access lenders beyond the big banks
Credit unions, monoline lenders, and mortgage brokers often offer rates well below the posted rates of major banks. Our comparison tool includes these options.
Rates vary by city and property type
A condo in downtown Vancouver may qualify for different rates than a detached home in Kelowna. Comparing rates based on your specific property type and location ensures you get the most accurate results.
Ready to Find the Best Rate in BC?
Answer a few quick questions and we will match you with the lowest available mortgage rates from our network of lenders across British Columbia.
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