A less than 2% mortgage rate

Posted by Gary Marr - FP

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Mortage brokers were abuzz this week when Investors Group announced a 1.99% variable 3 year floating rate mortgage. But is does come with a few surprises.

While there’s no denying the importance of getting a low interest rate when you get a mortgage, but there are big caveats that come with some of the record discounting going on for residential loans.

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