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Mortgage Rates in Surrey

Find your new home in the Metro Vancouver region.

Today's top rates in:

5-Year Variable
4.19%
5-Year Fixed
4.49%
Select one of the following to get started!

British Columbia Mortgage Rate Comparison (Rate Matrix)

Evaluate all of British Columbia's best mortgage rates in one place. RATESDOTCA’s Rate Matrix lets you compare pricing for all key mortgage types and terms.

Rates are based on a home value of $400,000

Insured 80% LTV 65% LTV Uninsured Editor's Tips
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Compare mortgage rates from lenders across Canada

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About Surrey B.C.

Located in B.C.’s Fraser Valley, Surrey is uniquely situated as a port to the Pacific Rim and United States. Home to over 557,000 residents, Surrey has grown substantially over the last 10 years.

Life in Surrey

Surrey is the second-largest city in British Columbia (after Vancouver) and is made up of six major communities known as “town centres:” Whalley/City Centre, Cloverdale, Fleetwood, Guildford, Newton and South Surrey. Each community has something different to offer, from quiet farmland to homes near the beach and active urban areas.

The Housing Market in Surrey

Housing in Surrey is more affordable compared to Vancouver. And given that the city is just 35 minutes away by SkyTrain, many Surrey residents commute to Vancouver for work.

The average home price is just over $855,000 – that’s nearly $355,000 more than the national average, but $170,000 cheaper than neighbouring Vancouver.

Latest mortgage articles

Inflation is impacting your mortgage rate. Here's what you can do about it
Inflation is at its highest level in nearly 40 years. Those with variable-rate mortgages should consider comparing mortgage rates to offset rising interest rates.
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Should you buy a house right now, or wait until interest rates come back down?
House prices may be falling, but interest rates are rising. Where does this leave Canadians looking to buy property?
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Bank of Canada lifts lending rate to 3.25%. We ask a mortgage broker what this means for homeowners and buyers
On the heels of a 75-basis-point rate hike, Toronto mortgage broker Sung Lee weighs in on how best to approach your mortgage decisions.
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