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National Bank adjusts its mortgage rates
Montreal, 10 May 2002 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of May 13, 2002.
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TERM
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CURRENT RATE
(%)
|
NEW RATE
(%)
|
CHANGE
|
|
6 months open
|
5.950
|
5.950
|
0.000
|
|
1 year open
|
6.350
|
6.200
|
-0.150
|
|
3 months Saver
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4.300
|
4.300
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0.000
|
|
3 months closed
|
4.650
|
4.650
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0.000
|
|
6 months closed
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5.500
|
5.500
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0.000
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|
1 year closed
|
5.400
|
5.400
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0.000
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|
2 years closed
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6.450
|
6.300
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-0.150
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|
3 years closed
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6.750
|
6.600
|
-0.150
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4 years closed
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7.250
|
7.100
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-0.150
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5 years closed
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7.300
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7.300
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0.000
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7 years closed
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8.000
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8.000
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0.000
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10 years closed
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8.500
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8.500
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0.000
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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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