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National Bank adjusts its mortgage rates
Montreal, 19 November 2001 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of November 19, 2001.
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TERM
|
CURRENT RATE
(%)
|
NEW RATE
(%)
|
CHANGE
|
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6 months open
|
5.350
|
5.500
|
0.150
|
|
1 year open
|
5.300
|
5.650
|
0.350
|
|
3 months Saver
|
4.550
|
4.550
|
0.000
|
|
3 months closed
|
4.900
|
4.900
|
0.000
|
|
6 months closed
|
4.900
|
5.050
|
0.150
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1 year closed
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4.500
|
4.850
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0.350
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2 years closed
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5.100
|
5.750
|
0.650
|
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3 years closed
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5.600
|
6.250
|
0.650
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4 years closed
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6.100
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6.750
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0.650
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5 years closed
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6.450
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7.100
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0.650
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7 years closed
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7.200
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7.800
|
0.600
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10 years closed
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7.750
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8.300
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0.550
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- 30 -
| 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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