Mortgage rates in Vancouver can shift quickly—secure yours up to 120 days (depending on the lender). Whether you’re a new buyer, renewing soon, or aiming to refinance, we’ll lock in a rate that’s perfect for your next move. Don’t delay—your road to savings starts here!
Best Mortgage Rates in Vancouver
5-Year Fixed*
0
%
5-Year Variable*
0
%
(Most Banks’ Prime Rate: 6.95%)
Shop 65+ lenders in one place. Save time and money today!
*Rates shown are for informational purposes only and are subject to change without notice. Please contact Genesis Group for the most up-to-date rates and terms.
Genesis Group is not liable for any discrepancies or inaccuracies in the displayed rates.
Rates last updated:
Compare the Best Mortgage Rates in Vancouver
| Mortgage Term | Rates From | Payments | |
|---|---|---|---|
| 6 Month Fixed | 2.99% | $2,368/mo | |
|
Rate Range: 2.99% - 5.50% |
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| 1 Year Fixed | 5.79% | $3,157/mo | |
|
Rate Range: 5.79% |
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| 2 Year Fixed | 4.84% | $2,876/mo | |
|
Rate Range: 4.84% |
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| 3 Year Fixed | 3.99% | $2,627/mo | |
|
Rate Range: 3.99% |
|||
| 4 Year Fixed | 4.59% | $2,804/mo | |
|
Rate Range: 4.59% |
|||
| 5 Year Fixed MOST POPULAR | 3.99% | $2,627/mo | |
|
Rate Range: 3.99% |
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| 5 Year Open | 4.95% | $2,908/mo | |
|
Rate Range: 4.95% |
|||
| 5 Year Variable | 4.45% | $2,736/mo | |
|
Rate Range: 4.45% |
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*Disclaimer: If you don’t meet the requirements for our lowest advertised rates, don’t worry—Genesis Group has a wide range of competitive mortgage options to suit your needs! The rates displayed above represent realistic options if the outlined criteria aren’t fully met. Factors such as your credit score, down payment amount, and property details may impact your final rate. We’re dedicated to finding the best-possible solution for your unique situation.
Additional fees or premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending options.
Unlock Your Lowest Rate in Vancouver Today – Guaranteed
Save big on your mortgage with Genesis Group. We’ll help you find a fantastic rate, so you can spend less on interest and more on what really matters.
Mortgage Rates Vancouver – The Genesis Group
Find the Best Mortgage Rates in Vancouver with Genesis Group
Finding the right mortgage rate in Vancouver can lead to huge savings. With over 12 years of success, our award-winning Genesis Group team excels at helping clients save more—often over $3,000, and sometimes even $15,000 or more, depending on your situation.
Thanks to our high-volume approach, we can negotiate special rate discounts, even if you like your current bank. Our rates tend to be about 0.20% lower on average than major banks or other competitors.
Why Choose Genesis Group?
No matter if you’re a first-time buyer, interested in a vacation home, or looking to renew or refinance, our award-winning brokers have:
- 65+ lenders at their fingertips.
- Years of expertise to guide you smoothly.
- A focus on your goals—we aim to save you time, stress, and money.
Complex Mortgage Needs? We’ve Got You Covered
Don’t fit the typical bank profile? We offer short-term mortgage solutions to manage debt consolidation, equity access, or any special financial needs. If your situation is unique, we’ll work to create a plan that’s clear, budget-friendly, and easy to handle.
What Impacts Your Mortgage Rate?
Common factors include:
- Down Payment Percentage – Larger down payments can lower rates.
- Credit Score & Financial History – The stronger your history, the better your offers.
- Mortgage Product & Timing – Different terms or special products can produce discounts.
We simplify each step. Our experts answer your questions and focus on the best ways for you to save for years to come.
Talk to Us Today
At Genesis Group, we measure our success by your satisfaction. Whether you prefer chatting on the phone, visiting our office, or applying online, we’re ready to find you the best mortgage rates in Vancouver.
Securing Your Best Rate Is Our Mission
Your Key to the Best Mortgage Rates? Genesis Group’s Expert Brokers.
At Genesis Group, our award-winning brokers are highly trained professionals with access to a wide range of mortgage products tailored to fit your unique needs. We understand how crucial it is to secure the right mortgage—on time, stress-free, and at the most competitive rate.
Got a complex situation? No problem. Our team simplifies even the most intricate details, guiding you every step of the way with personalized service that puts you first.
Experience unparalleled 5-star service today. Whether it’s your first mortgage or a refinance, we’re here to build a savings relationship you can count on for years to come.
Start your journey today—apply online, give us a call, or meet us in person. Need a broker who speaks your language or prefers a Mobile Agent to meet you where you are? Explore our directory to find your perfect match.
Vancouver’s Housing Market: Navigating Challenges & Opportunities with Genesis Group
Vancouver is a stunning coastal city known for its scenic mountains and ocean views, but it’s also recognized as one of Canada’s priciest housing areas. Local taxes, development costs, and limited land all work together to push real estate prices higher. Yet, the city continues to see strong buyer interest and low inventory—making mortgages a critical part of owning a home here.
In October 2024, Vancouver’s housing market gained momentum, with property sales rising around 34% from last year and up 14% from the previous month. Some spots, like Richmond and Burnaby, saw even higher jumps, yet overall sales remain slightly below the city’s 10-year average. Meanwhile, new listings went up 3.1% year-over-year, but that still can’t keep pace with eager buyers. As a result, inventory dropped to around 3.1 months, down from 3.9 in September.
Housing Affordability Stays Tough
Vancouver remains among Canada’s least affordable markets, posing big challenges for first-time buyers. Average home prices in the city rose 3.1% year-over-year to $1,045,000, climbing from $1,010,000 last month.
- Downtown: Up 5.4%
- South Vancouver: Up 4.1%
- North Vancouver: Up 3.9%
Meanwhile, a few suburbs reported slight dips of -2.6% on average.
What’s Next for Vancouver’s Housing Scene?
Experts predict interest rates may trend downward in 2025, possibly making payments more manageable. But many homeowners face mortgage renewals soon, which could shake up the market even more—just in time for a likely busy Spring 2025 season.
At Genesis Group, we fully understand these local challenges. Whether you’re a first-time buyer, upgrading, or renewing, we’ll show you the path forward with advice tailored to your situation.
Source: Sagen Housing Market Updates
Genesis Group: Your Reliable Guide in Vancouver’s Housing Landscape.
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