BC Mortgage Rates

3 Year Fixed Rate

Rate updated Mar 25th 2019

Rate

Provider

3.19%

jb_mortgages

Jerry Brar Mortgages

Featured Listing

Mortgage Inquiry

3.19%

td-bank

TD Bank

3.24%

mortgagepal-ca

MortgagePal.ca

3.29%

canwise-financial[1]

CanWise Financial

5 Year Fixed Rate

Rate updated Mar 25th 2019

Rate

Provider

3.34%

jb_mortgages

Jerry Brar Mortgages

Featured Listing

3.29%

mortgagepal-ca

MortgagePal.ca

2.99%

canwise-financial[1]

Canwise Financial

3.24%

equitable-bank2

Equitable Bank

10 Year Fixed Rate

Rate updated Mar 25th 2019

Rate

Provider

3.69%

jb_mortgages

Jerry Brar Mortgages

3.64%

mortgagepal-ca

MortgagePal.ca

3.89%

canwise-financial[1]

Canwise Financial

What is a Fixed Rate Mortgage?

A fixed rate mortgage is a mortgage product where the interest rate is locked in over a set term.  These terms are usually 3, 5 and 10 year terms. This should not be confused with the  amortization period, which is the term that you pay off the entirety of your mortgage.

3 Year Variable Rate

Rate updated Mar 25th 2019

Rate

Provider

3.80%

canwise-financial[1]

Canwise Financial

3.85%

mortgagepal-ca

MortgagePal.ca

Mortgage Inquiry

4.10%

scotiabank

Scotia Bank

4.15%

cmls-financial

CMLS Financial

5 Year Variable Rate

Rate updated Mar 25th 2019

Rate

Provider

2.95%

jb_mortgages

Jerry Brar Mortgages

Featured Listing

2.65%

mortgagepal-ca

MortgagePal.ca

2.70%

canwise-financial[1]

Canwise Financial

2.95%

equitable-bank2

Equitable Bank

3.35%

scotiabank

Scoita Bank

What is a Variable Rate Mortgage

A variable rate mortgage differs from from a fixed rate mortgage.  In a variable rate mortgage your interest rate changes based on the current market rates rather than being set for a period of time.  If the market rate changes during your variable mortgage term then so does your interest rate.