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Home > News Room > PRESS RELEASES
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National Bank adjusts its mortgage rates
Montreal, 10 June 2000 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of July 10, 2000.
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TERM
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CURRENT RATE (%)
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NEW RATE
(%)
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CHANGE
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6 months open
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8.800
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8,600
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-0,200
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1 year open
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8.900
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8,700
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-0,200
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3 months Saver
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7.400
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7,400
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0,000
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3 months closed
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7.750
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7,750
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0,000
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6 months closed
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8.350
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8,150
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0,200
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1 year closed
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8.100
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7,900
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-0,200
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2 years closed
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8.200
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8,000
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-0,200
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3 years closed
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8.300
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8,100
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-0,200
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4 years closed
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8.400
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8,200
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-0,200
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5 years closed
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8.450
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8,250
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-0,200
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7 years closed
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8.700
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8,500
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-0,200
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10 years closed
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8.900
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8,700
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-0,200
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-30-
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Information:
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Jean Robillard
Media Relations and
Finance Communications Officer
Public Relations Department
National Bank of Canada
Tel: (514) 394-6990
jean.robillard@bnc.ca
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