Mortgage Rates
Investors Group Mortgage Promotions
Investors Group is pleased to offer four exciting time-limited mortgage offers – available until September 30, 2010:
Special fixed-term mortgage*
| 4.39% | 60 month closed fixed-rate mortgage1 If you purchase or transfer a mortgage with a value of $200,000 or more or refinance a mortgage and add at least $100,000 to it you will receive an additional 0.10% rate discount. |
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| 4.29% | 59 month closed fixed-rate mortgage |
Special variable-rate mortgage*
| 2.45% Prime less 0.30% |
60 month closed variable rate mortgage2 |
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| 2.45% Prime less 0.30% |
60 month closed adjustable rate adjustable payment (ARAP) mortgage2 |
| Fixed rate mortgage rates July 08 , 2010 | |||
|---|---|---|---|
| Description | Rate (%) | ||
| 6 Mo. Open | 6.700 * | ||
| 6 Mo. Closed | 4.750 * | ||
| 1 Yr. Open | 6.700 * | ||
| 1 Yr. Closed | 3.500 * | ||
| 2 Year | 3.850 * | ||
| 3 Year | 4.500 * | ||
| 4 Year | 5.440 * | ||
| 5 Year | 5.790 * | ||
| 7 Year | 6.750 * | ||
| 10 Year | 6.900 * | ||
* The Annual Percentage Rate (APR) is the same as shown. |
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| Variable rate mortgage rates July 21 , 2010 | |||
| Interest rate is subject to change daily with changes to Our Mortgage Prime Rate. | |||
| Introductory Period in Months | Introductory Interest Rate (%) | APR (%) | |
| 60 month closed - Uncapped | 6 | 2.45 | 2.463 * |
* The Annual Percentage Rate (APR) for each term listed above (with a reduced rate for an introductory period, where applicable) is based on a mortgage of $100,000, with monthly payments and a 25 year amortization. The APR was calculated using Our Mortgage Prime Rate of 2.250 % set on April 22, 2009, which is subject to change. |
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| Lock and roll mortgage rates July 08 , 2010 | |||
| Interest rate is subject to change at the end of each rollover period. | |||
| 6 Month Rollover Period | Introductory Period in Months | Introductory Interest Rate (%) | APR (%) |
| 5 Yr. Closed - Uncapped | 6 | 3.75 | 4.174 * |
* The Annual Percentage Rate (APR) for each term listed above (with a reduced rate for an introductory period, where applicable) is based on a mortgage of $100,000, with monthly payments and a 25 year amortization. The APR was calculated based on our 6 Month Closed Rate of 4.650 % set on November 20, 2009, which is subject to change. |
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Your Investors Group Consultant, together with your Investors Group Mortgage Planning Specialist, can help you take advantage of this outstanding opportunity. Talk to us today!
Rates effective as at July 21, 2010 and subject to change at any time without prior notice.
* Promotions are available on transfers, renewals, new purchases and refinance transactions unless otherwise specified.
1 If applicable, you may be responsible for legal and administrative fees or prepayment penalties. Loans must be committed by September 30, 2010 and must fund within 90 days.
2 The 60 month Adjustable Rate Adjustable Payment mortgage and the 60 month Variable Rate mortgage have a guaranteed rate of Prime less 0.30% for the 60 month term of the mortgage. The interest rate is adjusted on the first business day of each month based on changes in the Prime mortgage rate. The Annual Percentage Rate (APR) for the Adjustable Rate Adjustable Payment term listed above is 2.45%. The Annual Percentage Rate (APR) for the Variable Rate Mortgage term listed above is 2.46% The APR was calculated based on the Mortgage Prime Rate of 2.75% set on July 21, 2010, which is subject to change. If applicable, you may be responsible for legal and administrative fees or prepayment penalties. Loans must be committed by September 30, 2010 and must fund within 90 days.
Mortgages are offered through I.G. Investment Management, Ltd.*, Investors Group Trust Co. Ltd. is licensed to lend in all jurisdictions in Canada. Inquires will be referred to a Mortgage Planning (Agent) Specialist. *In the Province of Ontario, Mortgage Brokerage Licence #10809. Mortgage Administrator Licence #11256.
