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National Bank of Canada has adjusted its rates for residential mortgages
Montreal, 3 September 2002 - The new rates are effective as of September 4, 2002.
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TERM
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CURRENT RATE (%)
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NEW RATE(%)
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CHANGE
|
|
6 months open
|
5.950
|
6.150
|
+0.200
|
|
1 year open
|
6.150
|
6.150
|
0.000
|
|
6 months closed
|
5.550
|
5.750
|
+0.200
|
|
1 year closed
|
5.350
|
5.350
|
0.000
|
|
2 years closed
|
5.850
|
5.950
|
+0.100
|
|
3 years closed
|
6.150
|
6.300
|
+0.150
|
|
4 years closed
|
6.600
|
6.750
|
+0.150
|
|
5 years closed
|
6.800
|
6.950
|
+0.150
|
|
7 years closed
|
7.500
|
7.650
|
+0.150
|
|
10 years closed
|
8.000
|
8.200
|
+0.200
|
-30-
Information:
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Denis Dubé
Director of Public Relations
National Bank of Canada
Tel.: (514) 394-8644
E-mail: denis.dube@bnc.ca
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* the following telephone number and e-mail address are intended solely for the use of journalists and other media representatives |
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