Mortgage Rates in Richmond, BC
Richmond is directly south of Vancouver with YVR airport, excellent food scene, and a strong Asian-Canadian community driving consistent real estate demand.
Avg Home Price
$1,100,000
Benchmark Price
$1,050,000
Year-Over-Year
↓ 2.6%
Best 5-Yr Fixed
4.89%
Today's Best Rates Near Richmond
| Rate Type | Best Rate |
|---|---|
| 5-Year Fixed | 4.89% |
| 5-Year Variable | 5.45% |
| 3-Year Fixed | 4.74% |
| 2-Year Fixed | 5.1% |
| HELOC | 6.2% |
*Based on $500K mortgage, 25-year amortization, Canadian semi-annual compounding. Last updated: May 25, 2026.
Richmond Real Estate Market
Balanced Market: Supply and demand are roughly equal — a stable environment for buyers and sellers.
Richmond is directly south of Vancouver with YVR airport, excellent food scene, and a strong Asian-Canadian community driving consistent real estate demand.
Land Transfer Tax — Richmond
Richmond buyers pay BC's Property Transfer Tax. First-time buyers may be exempt on homes up to $500K.
Neighbourhoods in Richmond
Frequently Asked Questions
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