|
National Bank adjusts its mortgage rates
Montreal, 4 April 2001 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of April 4th, 2001.
|
TERM
|
CURRENT RATE (%)
|
NEW RATE
(%)
|
CHANGE
|
|
6 months open
|
7.450
|
7.600
|
0.150
|
|
1 year open
|
7.500
|
7.650
|
0.150
|
|
3 months Saver
|
6.800
|
6.800
|
0.000
|
|
3 months closed
|
7.150
|
7.150
|
0.000
|
|
6 months closed
|
7.000
|
7.150
|
0.150
|
|
1 year closed
|
6.700
|
6.850
|
0.150
|
|
2 years closed
|
6.850
|
7.150
|
0.300
|
|
3 years closed
|
6.950
|
7.350
|
0.400
|
|
4 years closed
|
7.150
|
7.550
|
0.400
|
|
5 years closed
|
7.250
|
7.650
|
0.400
|
|
7 years closed
|
7.700
|
8.100
|
0.400
|
|
10 years closed
|
8.050
|
8.450
|
0.400
|
- 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.
|
|
