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National Bank adjusts its mortgage rates
Montreal, 19 March 2001 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of March 20th, 2001.
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TERM
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CURRENT RATE
(%)
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NEW RATE
(%)
|
CHANGE
|
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6 months open
|
7.700
|
7.450
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-0.250
|
|
1 year open
|
7.750
|
7.500
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-0.250
|
|
3 months Saver
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6.800
|
6.800
|
0.000
|
|
3 months closed
|
7.150
|
7.150
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0.000
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6 months closed
|
7.250
|
7.000
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-0.250
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1 year closed
|
6.950
|
6.700
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-0.250
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|
2 years closed
|
7.100
|
6.850
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-0.250
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3 years closed
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7.200
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6.950
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-0.250
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4 years closed
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7.400
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7.150
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-0.250
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5 years closed
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7.500
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7.250
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-0.250
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7 years closed
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7.950
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7.700
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-0.250
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10 years closed
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8.300
|
8.050
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-0.250
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-30-
Information: |
Carole Gagné
Senior Manager
Public Relations Department
National Bank of Canada
Tel. : (514) 394-6991
carole.gagne@bnc.ca
www.nbc.ca |
* The telephone number and e-mail address are for the exclusive use of journalists and other media representatives.
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