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, easing affordability?

In March 2026, BC average home sales declined by 4.2% year over year, as fewer buyers came out and fewer listings were available in most markets compared to this time last year; Kamloops and Kelowna were the exceptions, posting modest sales gains. Among the BC centres seeing a drop in sales, Chilliwack and Northern BC had the largest decreases.

The average provincial home price also decreased by 1.8% to $920,263, with modest declines seen in many centres, including the GVA. Kamloops, Victoria, and Northern BC bucked the trend with price increases of 8.7%, 4.1%, and +2.0%, respectively, compared to last March.

A decline in new listings was seen across all centres compared to last year, as sellers held off amid cooler market conditions. The Fraser Valley saw the sharpest drop in listings at -17.3%.

Overall, the province recorded a balanced market, with a 41% SNLR (sales-to-listings ratio), up 3% year over year, with most centre SNLR's also showing balance. The Greater Vancouver Area (GVA), Chilliwack, and Fraser Valley are areas still displaying strong buyer's markets.

In BC's larger centres, multi-family housing starts were down 8% year over year, while single-detached starts increased 7%.

With higher energy prices working their way into consumer and home-building prices and U.S. trade risks still in the air, there's always hope that a spring housing market rush will materialize — yet expectations are becoming muted again for this year.

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