Mortgage Rates
Investors Group Mortgage Promotions
Investors Group is pleased to announce four exciting limited-time mortgage offers - available until June 30th, 2008:
Special rate and term promotions
| 5.20%1 | 15-month convertible fixed-rate mortgage (FRM). |
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| 5.29%1 | 63-month fixed-rate mortgage (FRM). |
| 4.15%2 | 63-month adjustable rate/adjustable payment mortgage (ARAP). |
Protection Plus Mortgage Promotion3
| 5.49%1 | Receive the benefits of a First Canadian Title Platinum Homeowner Title Insurance Policy and Identity Theft Insurance Policy at no cost to you when you take out a 57-month fixed-rate mortgage (FRM) at 5.49% rate. |
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These limited time offers are available on home purchase, mortgage transfers, mortgage renewals and mortgage refinancing.
Your Investors Group Consultant, together with your Investors Group Mortgage Planning Specialist, can help you determine if it's the right time to take advantage of this outstanding opportunity. Talk to us today!
1 Rate effective as at April 23, 2008 and subject to change at any time without prior notice.
Homeowner Title and Identity Theft Insurance is also provided at no cost with Standard Variable Rate, Lock and Roll, Prime Preferred and Adjustable Rate Adjustable Payment mortgages. An Investors Group Mortgage Planning Specialist has details.
2 The 63 month Adjustable Rate-Adjustable Payment Mortgage has a guaranteed interest rate of 0.60% below our Prime for the 63-month term of the mortgage. The interest rate is adjusted on the first business day of each month based on changes in our Prime rate. Offer subject to change. The Annual Percentage Rate (APR) for the term listed above is 4.167%. It is based on a mortgage of $100,000, with monthly payments and a 25 year amortization. The APR was calculated based on Our Mortgage Prime Rate of 4.75% set on April 23, 2008, which is subject to change.
3 Title insurance offered by FCT Insurance Company Ltd and identity theft insurance offered by FCT Insurance Services Inc., both of which are independent from Investors Group and are licensed to offer and sell such insurance. Title and identify theft insurance products and services vary by province and are subject to change without notice. Inquiries related to title insurance and identity theft insurance will be referred to the appropriate First Canadian Title entity. Any insurance provided to you through this promotion is solely and directly offered, provided and underwritten by FCT Insurance Company Ltd or FCT Insurance Services Inc and Investors Group expressly disclaims any responsibility with respect to such insurance.
I.G. Investment Management Ltd. is a licensed mortgage broker, Investors Group Trust Co. Ltd. is a trust company licensed to lend money in all jurisdictions in Canada. Clients with mortgage inquires will be referred to an Investors Group Mortgage Planning Specialist.
Rates
| FIXED RATE MORTGAGE RATES | 2008/04/11 |
| Rate (%) | |||
| 6 Mo. Open | 8.650 * | ||
| 6 Mo. Closed | 6.850 * | ||
| 1 Yr. Open | 9.100 * | ||
| 1 Yr. Closed | 6.950 * | ||
| 2 Year | 7.000 * | ||
| 3 Year | 7.000 * | ||
| 4 Year | 6.850 * | ||
| 5 Year | 6.990 * | ||
| 7 Year | 7.350 * | ||
| 10 Year | 7.700 * | ||
* The Annual Percentage Rate (APR) is the same as shown. |
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Back to top | VARIABLE RATE MORTGAGE RATES | 2008/04/23 |
Interest rate is subject to change daily with changes to Our Mortgage Prime Rate. |
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| Introductory Period in Months |
Introductory Interest Rate (%) |
APR (%) | |
| 5 Yr. Closed - Uncapped | 6 | 4.250 | 4.330 * |
* 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 4.750 % set on April 23, 2008, which is subject to change. |
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| LOCK AND ROLL MORTGAGE RATES | 2008/04/11 |
Interest rate is subject to change at the end of each rollover period. |
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| 6 Month Rollover Period | Introductory Period in Months |
Introductory Interest Rate (%) |
APR (%) |
| 5 Yr. Closed - Uncapped | 6 | 5.850 | 6.237 * |
* 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 6.850 % set on April 11, 2008, which is subject to change. |
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