Fixed vs Variable in BC: Which Mortgage Fits Your Risk Profile?
Variable starts cheaper, but how much risk comes with it? Worked BC numbers on payments, rate rises and penalties, plus a simple test to choose between fixed and variable.
Coastal Blue mortgage guide
The BC mortgage guide
Plain-language answers to the questions BC buyers and homeowners ask, with new guides added regularly.
New and updated
Latest guides
Insured Mortgages in Canada (2026): 30-Year Amortizations, the $1.5M Cap & BC Buyer Strategies
Learn who qualifies for a 30-year insured mortgage in 2026, the under-$1.5M cap, minimum down payments, CMHC premiums, BC tax relief and the new first-time buyer GST rebate.
Understanding Mortgage Insurance in Canada
Understanding Mortgage Insurance in Canada (And How to Avoid Paying Too Much)
Find your answer
Guides by topic
Every guide, grouped by what you're working on. Open a topic for its calculators and next steps.
First-time buyers
3 guidesPrepare, qualify, budget and complete your first home purchase in BC.
- Understanding Mortgage Insurance in Canada
- First-Time Buyer Incentives in Canada
- Should I Buy Now or Wait for Rates to Drop?
Mortgage strategy
3 guidesChoose the right rate, term, lender and features, and qualify for what you need.
- Fixed vs Variable in BC: Which Mortgage Fits Your Risk Profile?
- How to Qualify for More (Without Stretching Too Far)
- Should I Buy Now or Wait for Rates to Drop?
Owning your home
1 guideBudget for ownership, protect your home and plan for life's changes.
Calculators and next steps for owning your home →More guides
1 guide
Free, by email
Get new guides by email
Plain-language guides from Nick when they're published, with the occasional rate update. Unsubscribe any time.
Questions about your own mortgage?
The guides explain how things work. For advice and a rate on your own purchase, renewal or refinance, answer a few short questions. Or call 778-838-8005.