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Home > News Room > PRESS RELEASES
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National Bank of Canada has adjusted its rates for residential mortgages
Montreal, 5 September 2002 - The new rates are effective as of September 6, 2002.
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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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6.150
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6.100
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-0.050
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1 year open
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6.150
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6.100
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-0.050
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6 months closed
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5.750
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5.550
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-0.200
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1 year closed
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5.350
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5.300
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-0.050
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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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6.300
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6.050
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-0.250
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4 years closed
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6.750
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6.500
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-0.250
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5 years closed
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6.950
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6.700
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-0.250
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7 years closed
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7.650
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7.400
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-0.250
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10 years closed
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8.200
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8.000
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-0.200
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-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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© NATIONAL BANK OF CANADA. All rights reserved 2001.
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