Victoria Mortgage Rates.
As of March 25th, 2023
Term Length
Type
| Lender | Rate | ||
|---|---|---|---|
RateHub/Canwise | 4.69% | RateHub/Canwise is a digital broker with no branches | No branches in Victoria |
Equitable More From Equitable | 4.69% | Equitable Bank is a digital bank and has no branches in Victoria. | Equitable Bank does not have a physical location in Victoria. |
Laurentian More From Laurentian | 4.69% | Laurentian Bank has no branches in Victoria. | Laurentian Bank does not have a physical location in Victoria. |
Peoples Bank More From Peoples Bank | 4.69% | Peoples Bank has no branches in Victoria. | Peoples Bank does not have a physical location in Victoria. |
HSBC More From HSBC | 4.79% | HSBC has 3 branches in Victoria. | Downtown Victoria: 869 Douglas Street, Victoria BC |
CIBC More From CIBC | 5.04% | CIBC has 9 branches in Victoria. | Downtown Victoria: 1175 Douglas Street, Victoria BC |
First National More From First National | 5.04% | First National has no branches in Victoria. | First National does not have a physical location in Victoria. |
BMO | 5.11% | BMO has 7 branches in Victoria. | Downtown Victoria: 1225 Douglas Street, Victoria BC |
Canadian Western More From Canadian Western | 5.30% | Canadian Western Bank has 1 branch in Victoria. | Downtown Victoria: 1201 Douglas Street, Victoria BC |
TD More From TD | 5.44% | TD Bank has 12 branches in Victoria. | Downtown Victoria: 1080 Douglas Street, Victoria BC |
Victoria at a Glance
The City of Victoria is the capital city of British Columbia and is located on Vancouver Island. Victoria is located in the Capital Regional District and is home to over 85K residents. The population of Victoria increased by 7% from 2011 to 2016. Victoria real estate prices increased by 2% from May 2019 to May 2020 and the average price of a home in Victoria is $839K. According to the Victoria Real Estate Board, the average price of a single-family house exceeded $1M in June of 2020. A limited inventory due to the onset of the pandemic resulted in multiple offers for every property, thereby pushing up the price of real estate. Victoria property tax rates are the 22nd lowest property tax rates in BC for municipalities with a population greater than 10K.
Lender Information
| Lender | Number of Locations | Mortgage Inquiry Phone # |
|---|---|---|
| BMO | BMO has 7 branches in Victoria. | General Inquiries- 1-844-837-9228 |
| Canada Life | Canada Life has no branches in Victoria. | No Direct Number |
| Canadian Western | Canadian Western Bank has 1 branch in Victoria. | No Direct Number |
| CIBC | CIBC has 9 branches in Victoria. | 1-866-525-8622 |
| CMLS | CMLS Financial has no branches in Victoria. | 1-888-995-2657 |
| Desjardins | Desjardins has no branches in Victoria. | 1-844-626-2476 |
| Equitable | Equitable Bank is a digital bank and has no branches in Victoria. | 1-888-334-3313 |
| First National | First National has no branches in Victoria. | No Direct Number |
| HSBC | HSBC has 3 branches in Victoria. | General Inquiries- 1-888-310-4722 |
| ICICI | ICICI Bank has no branches in Victoria. | No Direct Number |
| Investors Group | Investors Group has 2 locations in Victoria. | No Direct Number |
| Laurentian | Laurentian Bank has no branches in Victoria. | 1-866-522-4655 |
| Manulife | Manulife Bank has no branches in Victoria. | 1-877-765-2265 |
| MCAP | MCAP has no branches in Victoria. | 1-800-265-2624 |
| Meridian | Meridian Credit Union has no branches in Victoria. | 1-866-592-2226 |
| motusbank | MotusBank is a digital bank and has no branches in Victoria. | 1-833-696-6887 |
| National Bank | National Bank has 1 branch in Victoria. | 1-855-755-9533 (Option 4) |
| Peoples Bank | Peoples Bank has no branches in Victoria. | No Direct Number |
| RateHub/Canwise | RateHub/Canwise is a digital broker with no branches | +1-844-538-4760 |
| RBC | RBC has 11 branches in Victoria. | 1-800-769-2511 |
| Scotiabank | Scotiabank has 7 branches in Victoria. | 1-877-303-8879 |
| Simplii Financial | Simplii Financial is a digital bank and has no branches in Victoria. | 1-888-866-0866 |
| Tangerine | Tangerine Bank has no branches in Victoria. | 1-888-826-4374 |
| TD | TD Bank has 12 branches in Victoria. | 1-800-722-3098 |
| Vancity | Vancity has 4 branches in Victoria. | General Inquiry: 1-888-826-2489 |
This calculator is provided for general information purposes only. WOWA does not guarantee the accuracy of the information shown and is not responsible for any consequence that arise from the use of the calculator and its results. Any financing products shown are subject to terms and conditions and may not be available in certain regions.