British Columbia Mortgage Rates

It makes sense to save more with our lower mortgage rates in BC.

A few minutes to save thousands.

In this competitive housing market, our expert, highly trained True North Mortgage brokers can help you secure your lowest rates (for which you qualify). We know the housing market landscape and can offer you discounted BC mortgage rates, even from your own bank — thanks to our strong relationships with lenders.

A better mortgage with your best rate.

With your great rate, getting the best mortgage fit also matters, whether your needs are straightforward or complex. You need flexible mortgage options that can save you cash on fees or penalties if you want to make a change, or help you pay down your mortgage faster to save thousands on interest costs (if you happen into extra funds).

Get your lower rate with less stress.

Mortgage interest rates are only part of your mortgage experience. Your best rate should come with a simple, streamlined process from your pre-approval down to signing on the (mortgage) bottom line. Our expert brokers make it easy, no matter your mortgage details.

Whether you’re a first-time buyer, or looking for an income investment property or vacation home, get pre-approved fast to know what your qualification numbers. And have peace of mind that you have a broker who's obsessed with saving you money, time and stress.

Visit us, call or apply online today!

Hold your rate today!

Mortgage interest rates can change quickly — contact us to hold your low current BC mortgage rates for up to 4 months (depending on the lender). If you're renewing or refinancing, it's important that you know the options that can help you save a lot more — not just take what your bank gives you.

We really know mortgages — no matter your mortgage needs, we have the expertise and free service, with no obligation, to help you save and reach your financial goals.

Come home to your best mortgage. Visit us, call or apply online today.

Your best rate comes with unbeatable service.

We beat out the competition again, not just on rates but with the most 5-star reviews in the mortgage business. Your expert True North Mortgage broker cares about your experience — and offers several convenient ways to help you get pre-approved quickly, in your preferred language.

Beautiful British Columbia: A desirable housing market, tougher affordability.

In December 2025, BC average home sales sank by 10.1% year over year, primarily due to tariff uncertainty and a significant reduction in immigration numbers. The decline was led mainly by the Greater Vancouver Area (GVA), Victoria, Chilliwack, and Fraser Valley. Kootenay and Northern BC were two centres that saw gains. 

The average provincial home price also decreased by -5.5% to $953,238, dragged by the GVA, Fraser Valley, and Chilliwack. Other BC centres saw an increase, from the Kootenay region at +1.6% to +8.6% in Kamloops.

New listings were a mixed bag across BC. Victoria saw a substantial drop in inventory compared to last year, while Kootenay saw a gain. Overall, the province edged down to a 44% SNLR (sales-to-listings ratio), dropping 5% year over year, still in balanced territory. Two centres logged in as buyer's markets, the GVA and Fraser Valley, with two seller's markets still holding in Kootenay and Northern BC.

In the larger centres, multi-family housing starts were up by 1% across the province, while single-detached starts increased by 4% year over year.

Read more:
Housing Stats
Housing Market Forecast (2025-2029)
Rate Forecast (2026-2030)