Investors Group was founded in 1926 and is headquartered in Winnipeg, Manitoba. IGM is the largest non-bank asset manager in Canada and is a member of the Power Corporation group of companies. IGM has two main operating divisions focused on investment management services, along with a third service that provides investment planning counsel. The company employs over 3,300 employees and has $134 billion in assets under management.
Investors Group's Prime Rate is used as the basis for many of Investors Group's lending products including variable rate mortgages, lines of credit, and HELOCs. Prime, or P, is normally combined with a spread to make up the final interest rate.
| Term | Rate | Monthly Payment |
|---|---|---|
1-Year Fixed | 2.29% | $1,752 |
2-Year Fixed | 2.09% | $1,713 |
3-Year Fixed | 2.19% | $1,733 |
4-Year Fixed | 2.39% | $1,772 |
5-Year Fixed | 4.79% | $2,290 |
7-Year Fixed | 6.50% | $2,701 |
10-Year Fixed | 6.75% | $2,764 |
The rates shown are for insured mortgages with a down payment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.
| Term | Rate | Monthly Payment |
|---|---|---|
5-Year Variable | 2.45% | $1,784 |
The rates shown are for insured mortgages with a down payment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.