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National Bank adjusts its mortgage rates
Montreal, 6 April 2001 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of April 6th, 2001.
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TERM |
CURRENT RATE (%)
|
NEW RATE
(%)
|
CHANGE
|
|
6 months open
|
7.600
|
7.550
|
-0.050
|
|
1 year open
|
7.650
|
7.550
|
-0.100
|
|
3 months Saver
|
6.800
|
6.800
|
0.000
|
|
3 months closed
|
7.150
|
7.150
|
0.000
|
|
6 months closed
|
7.150
|
7.100
|
-0.050
|
|
1 year closed
|
6.850
|
6.800
|
-0.050
|
|
2 years closed
|
7.150
|
7.000
|
-0.150
|
|
3 years closed
|
7.350
|
7.100
|
-0.250
|
|
4 years closed
|
7.550
|
7.400
|
-0.150
|
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5 years closed
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7.650
|
7.500
|
-0.150
|
|
7 years closed
|
8.100
|
7.950
|
-0.150
|
|
10 years closed
|
8.450
|
8.300
|
-0.150
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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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