As a licensed mortgage broker serving clients across BC and Alberta, I’m always monitoring the landscape for the most competitive 5-year variable mortgage rates in Canada. A variable-rate mortgage means your interest rate shifts in line with the lender’s prime rate, which itself is driven by the Bank of Canada’s overnight rate. What does that mean for you? Payments may fluctuate or remain steady, depending on the terms, but rates are constantly impacted by factors like inflation, economic trends, global events, and lender competition. By working with the Big 5 Banks, trust companies, credit unions, and other lenders, I’m committed to tailoring lending solutions—whether you’re looking for your first mortgage, a refinance, or something more specialized like a HELOC or private lending—that fit your unique needs and circumstances.
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