Français

   
 


Home > News Room > PRESS RELEASES
 


National Bank adjusts its mortgage rates

Montreal, 1 June 2001 - 

National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of June 4th, 2001.


TERM

CURRENT RATE
(%)

NEW RATE
(%)

CHANGE

6 months open

7.450

7.450

0.000

1 year open

7.500

7.500

0.000

3 months Saver

6.800

6.550

-0.250

3 months closed

7.150

6.900

-0.250

6 months closed

7.000

7.000

0.000

1 year closed

6.700

6.700

0.000

2 years closed

7.050

7.050

0.000

3 years closed

7.300

7.300

0.000

4 years closed

7.650

7.650

0.000

5 years closed

7.750

7.750

0.000

7 years closed

8.200

8.200

0.000

10 years closed

8.550

8.550

0.000


- 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.