An alternative mortgage solution
The Solutions Banking All-in-One™ integrates the features of a mortgage, a line of credit, a chequing account and a savings account in one comprehensive solution.
Home Ownership
Mortgage Rates
Mortgages are an important part of your financial plan
Special rates
IG Wealth Management is pleased to provide the following promotional mortgage offers1
5 Year Fixed Rates1 as low as:
5.04%
5 Year Variable Rates1,2,3 as low as:
3.35%i, ii
(Prime - 0.35%)
Our expert Mortgage Planning Specialists will help you determine the right product and rate to meet your needs.
Contact us to discuss all our competitive offers.
Special offer: Cash back for purchases and transfers!*
Cash back of up to $2,500 based on the mortgage amount
Available for a limited time from March 9 to June 30, 2022
Mortgage amount |
Cash back available |
$100,000 to $499,999 |
$800 |
$500,000 to $1,000,000 |
$1,250 |
Greater than $1,000,000 |
$2,500 |
Short-term rate offers4
Fixed Rate Term |
Rate |
12 month closed |
4.69% |
24 month closed |
4.89% |
36 month closed |
5.10% |
48 month closed |
5.15% |
-
Posted Fixed Rates
Provides a locked-in interest rate for the term you select. If rates increase, your fixed rate stays the same, giving you the security of a fixed payment for the term of the mortgage.5
Term
Rate
6 month open
6.95%
6 month closed
4.75%
12 month open
7.10%
12 month closed
4.75%
24 month closed
4.95%
36 month closed
5.24%
48 month closed
5.49%
60 month closed
5.84%
84 month closed
6.14%
120 month closed
6.54%
-
Posted Variable Rates
Variable rate mortgage
Allows you to take advantage of changing interest rates while providing the convenience of a fixed monthly mortgage payment. If interest rates fall, more of your payment will be directed to reduce your outstanding mortgage balance; if rates rise, more of your payment will go towards paying interest costs.
Interest rate is subject to change daily with changes to Our Mortgage Prime Rate. The payment amount is fixed based on our posted 3-year fixed rate at the time of funding.
Term
Rate
Rollover period
60 month closed
3.70%iii
1 month
Adjustable Rate, Adjustable Payment (ARAP) mortgage
For borrowers who want to take advantage off the lowest available payment amount and are comfortable with interest rate and payment changes.
The payment amount is re-calculated each month (roll-over date) based on Our One Month Closed Rate. If a rate change occurs, the payment amount will be adjusted on the next monthly roll-over period.
Lock and Roll mortgage
For borrowers who want a long-term mortgage while taking advantage of short-term rates. The payment amount is recalculated every six months based on Our Six Month Closed Fixed Rate.
Term
Rate
Rollover period
60 month closed
ARAP3.70%iv
1 month
60 month closed
Lock and Roll4.90%v
6 months
-
Base rates
Term
Rate
Our mortgage prime rate
3.70%
Our 1 month closed rate
3.70%
Our 6 month fixed rate
4.90%
i. APR (3.363%) 2 ii. APR (3.338%)3 iii. APR (3.714%)6 iv. APR (3.684%)7 v. APR (4.178%)7
*Available for 5-year fixed and variable rate terms, minimum $100k mortgage. Any cashback received is subject to a pro-rated repayment if a transaction occurs within the first 60 months of the loan that would trigger a prepayment penalty charge For full details contact an IG Mortgage Specialist.
1 Available for new owner-occupied single-units purchase transactions only. Rates as of June 23 2022 and are subject to change or withdrawal at any time without prior notice. Certain conditions apply. Subject to credit approval.
2 The 60 Month Closed Variable Rate Mortgage has a rate of Prime – 0.35%. The interest payable is calculated based on Our Mortgage Prime Rate and is subject to change at any time. Payments are based on the 3 Year Fixed Rate at the time of funding. The Annual Percentage Rate (APR) was calculated based on Our Mortgage Prime Rate of 3.70% on June 23, 2022, which is subject to change.
3 The 60 Month Closed Adjustable Rate, Adjustable Payment mortgage has a rate of Prime – 0.35%. The interest rate is adjusted on the first business day of each Month based on changes to Our 1 Month Fixed Rate. The Annual Percentage Rate (APR) was calculated based on Our 1 Month Fixed Rate of 3.70% on June 23, 2022, which is subject to change.
4 Rates as of June 23, 2022 and are subject to change or withdrawal at any time without prior notice. Subject to credit approval.
5 The Annual Percentage Rate (APR) is the same as shown. Rates are subject to change.
6 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, which is subject to change.
7 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 the appropriate Our 1 Month Closed Rate or Our 6 Month Fixed Rate, which is subject to change.
Investors Group Trust Co. Ltd. is a federally regulated trust company and is the mortgagee. Mortgages are offered through I.G. Investment Management, Ltd.* Inquiries will be referred to a Mortgage Planning Specialist (in Ontario, a Mortgage Agent, and in Quebec, New Brunswick and Nova Scotia, a Mortgage Broker).
*In ON and NS, registered as a Mortgage Brokerage (ON 10809, NS 3000240) and a Mortgage Administrator (ON 11256, NS 3000232), in QC, registered as a financial services firm (QC 2400376104) and in NB, registered as a Mortgage Brokerage.