Lower Mainland, British Columbia Updated September 10, 2026 Best Mortgage Rates inSurrey Rapid growth area with SkyTrain expansion 🏠 Avg. Home Price $980,000 -2.5% YoY 🏢 Avg. Condo Price $545,000 📅 Days on Market 28 ⭐ Best 5-Yr Fixed 4.04% Get Pre-Approved Today Calculate Payments 📊 Rate Comparison Compare Mortgage Rates in Surrey Get personalized rates for your city See local market data and mortgage tips Enable Location Updated September 10, 2026 Today's Best Mortgage Rates Compare discounted rates from Canada's top lenders. These are actual rates you can get - not posted bank rates. Prime Rate 4.45% Apply Now → Best 5-Yr Fixed 4.04% Apply Now → Best Variable 3.50% Apply Now → Featured Mortgage Rates Best discounted rates available today – sorted by lowest rate Term Lender Best Rate 5-Year Variable National Bank 3.50% Get This Rate 3-Year Fixed National Bank 3.89% Get This Rate 4-Year Fixed National Bank 3.99% Get This Rate 5-Year Fixed National Bank 4.04% Get This Rate 2-Year Fixed National Bank 4.24% Get This Rate 7-Year Fixed National Bank 4.54% Get This Rate 1-Year Fixed MCAP 4.69% Get This Rate 10-Year Fixed MCAP 4.69% Get This Rate Ready to Lock In Your Rate? Get pre-approved in minutes. No obligation, no credit impact. Get Approved Today * Rates shown are discounted rates for insured mortgages. Rates may vary based on credit profile, down payment, and property type. Subject to change without notice. OAC. 🏙️ Market Overview Surrey Mortgage Market Overview 2026 Surrey is the Lower Mainland's fastest-growing city and offers significant value compared to Vancouver. The average home price of $980,000 provides access to townhomes and some detached homes—housing types largely unaffordable in Vancouver. The SkyTrain extension to Langley will boost connectivity and property values along the corridor. Many first-time buyers and families choose Surrey for space and value while maintaining access to Vancouver employment. 💡 Local Insights Mortgage Tips for Surrey Buyers Expert advice tailored to the local Surrey real estate market. First-Time Buyers Clayton Heights and Fleetwood offer newer townhomes at accessible prices. Min. down payment: $49,000 (5% of avg. price) Refinancing Surrey's appreciation trajectory supports equity-based investment strategies. Investment Property SFU Surrey campus and business growth create rental demand. Ready to buy in Surrey? Get pre-approved in minutes. No obligation, no credit impact. See what you qualify for today. Get Pre-Approved Free → 📍 Neighborhoods Popular Areas in Surrey Surrey Central Guildford Fleetwood Clayton Heights Cloverdale South Surrey 🏦 Local Lenders Top Mortgage Lenders in Surrey We compare rates from these and 50+ other lenders to find you the best deal. TD Canada Trust RBC Vancity Coast Capital Prospera Credit Union ❓ FAQ Frequently Asked Questions About Mortgages in Surrey How is the commute from Surrey to Vancouver? SkyTrain from Surrey Central to Downtown Vancouver takes approximately 35-45 minutes. The upcoming Surrey-Langley SkyTrain will improve connectivity further. Many Surrey residents work locally as the city develops its own employment base. Get the Best Mortgage Rate in Surrey Work with a local mortgage expert who understands the Surrey market. We compare rates from 50+ lenders to save you thousands. ✓ Free, no-obligation quote ✓ No credit impact ✓ 50+ lenders compared Get Your Free Quote Calculate Payments Best Rates. Regulated by the BC Financial Services Authority (BCFSA). Related Mortgage Guides Mortgages for Doctors, Dentists, and Medical Professionals in Canada (2026) What Income Do You Need for a Mortgage in Canada? Can You Be Denied a Mortgage Renewal in Canada? How Much Equity Can You Take Out of Your Home in Canada? Mortgage Pre-Approval vs Pre-Qualification in Canada
