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April 17
Quick and easy
Quick and easy
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April 15
Really good customer service
Really good customer service, flexibility and transparency of the process, frien...
Teodor Iurea
April 11
SARA WAS VERY HELPFUL AND VERY EFFICIENT
SARA WAS VERY HELPFUL AND VERY EFFICIENT
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April 11
its always people
its always people, and Erin Upsdell was knowledgeable, helpful and professional....
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April 11
Good Service.
Clear request of info.... fast results.... follow-up recommendation appreciated.
Myrna Hanna
April 10
Very fast easy-to-use.
Very fast easy-to-use.
ROBERT EDWARD BROWN
April 9
Convenient
Convenient, friendly and efficient. Good price too!
Uwe Stueckmann
April 8
agent was direct and professional
agent was direct and professional
Steven Olson
April 5
Great
The rep was professional or so it seemed Thanks
Terry Esau
April 5
Great service
Great service , very courteous
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April 3
Wow so helpful & quick
Wow so helpful & quick! Saved alot of money w/out sacrificing on services!
Tamara
April 1
It was great
It was great
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March 31
Customer experience was great
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March 31
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March 29
Contacting back
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Compare mortgage rates in Surrey.

The hot Surrey housing market can be traced to one key factor: lower mortgage rates. Mortgage rates in Surrey are near record lows right now, and competition among lenders in the city — and in BC generally — has never been greater.

You can let those lenders compete for your business right here at LowestRates.ca. We’ll help you compare the best rates from the top brokers and banks in Surrey — just like that.

Variable Rates

As low as

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Fixed Rates

As low as

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Cha-ching! Our rates are always lower than the posted bank rates.

Current lowest posted bank rate

6.84%

Variable or fixed: which is lower?

One of the most important decisions Surrey borrowers will make is whether to choose a variable rate or a fixed rate mortgage. We compared the 5-year variable and the 5-year fixed rates that have been available on our site (and taken by our users) since the start of 2019. Our findings? While there has been some fluctuation, variable rates are just a bit lower than fixed rates.

5-year fixed vs. 5-year variable mortgage rates in British Columbia

MonthFixedVariable
07/24 4.74%6.05%
08/24 4.78%6.05%
09/24 4.79%6.05%
10/24 4.99%6.35%
11/24 4.63%6.35%
12/24 4.90%6.35%
01/25 4.79%6.35%
02/25 4.89%6.35%
03/25 4.79%6.35%

Last Updated: April 1, 2025

Focus On

Surrey housing.

Surrey home prices rose steadily through 2019, a trend which has continued into 2020. Prices average above $1 million. This is fairly par for the course in major B.C. cities, as you can see below.

Single-detached family home prices in B.C. year-over-year

MonthSurreyVancouverVictoriaBurnaby
October, 2019$985,500$1,803,800$1,422,400$1,400,000
November, 2019$995,500$1,737,500$1,335,000$1,409,500
December, 2019$1,040,000$1,775,000$1,432,500$1,495,500
January, 2020$1,020,000$1,875,000$1,460,000$1,444,750
February, 2020$1,074,000$1,930,000$1,485,895$1,430,000
March, 2020$1,072,500$1,970,000$1,435,000$1,550,000
April, 2020$1,078,000$2,096,000$1,360,000$1,462,500
May, 2020$1,125,000$2,028,000$1,333,000$1,477,000
June, 2020$1,090,000$1,798,000$1,426,500$1,509,000
July, 2020$1,136,500$1,777,777$1,568,000$1,482,500
August, 2020$1,120,000$1,966,500$1,618,000$1,589,900

Last Updated: October 19th, 2020

Source: Zolo

About Surrey.

With a dynamic economy and well-planned neighbourhoods, Surrey is the second largest city in British Columbia and expected to outgrow Vancouver within 10 years.

Just 35 minutes from downtown Vancouver, Surrey is highly accessible and offers something for everyone: city life, outdoor life, and everything in between.

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