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Home > News Room > PRESS RELEASES
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National Bank adjusts its mortgage rates
Montreal, 25 October 2001 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of October 25, 2001.
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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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5.950
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5.700
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-0.250
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1 year open
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5.950
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5.700
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-0.250
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3 months Saver
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5.300
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5.300
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0.000
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3 months closed
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5.650
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5.650
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0.000
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6 months closed
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5.500
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5.250
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-0.250
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1 year closed
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5.150
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4.900
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-0.250
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2 years closed
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5.950
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5.700
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-0.250
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3 years closed
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6.400
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6.150
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-0.250
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4 years closed
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6.750
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6.600
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-0.150
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5 years closed
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7.050
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6.900
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-0.150
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7 years closed
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7.650
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7.650
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0.000
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10 years closed
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8.250
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8.250
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0.000
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| Information: |
Carole Gagné
Senior Manager
Public Relations Department
National Bank of Canada
(514) 394-6991
carole.gagne@bnc.ca |
* The telephone number and e-mail address are for the exclusive use of journalists and other media representatives. |
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