 |
|
|
|
|
|
|
Home > News Room > PRESS RELEASES
|
| |
|
|
|
|
National Bank adjusts its Mortgage rates
Montreal, 15 August 2003 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of August 18, 2003.
|
TERM
|
CURRENT RATE (%)
|
NEW RATE (%)
|
CHANGE
|
|
FIXED-RATE OPEN TERM
|
|
6 months open
|
6.600
|
6.600
|
0.000
|
|
1 year open
|
6.450
|
6.550
|
0.100
|
|
FIXED-RATE CLOSED TERM
|
|
|
|
|
3 month closed
|
5.450
|
5.450
|
0.000
|
|
6 months closed
|
5.350
|
5.350
|
0.000
|
|
1 year closed
|
4.550
|
4.550
|
0.000
|
|
2 years closed
|
5.000
|
5.000
|
0.000
|
|
3 years closed
|
5.650
|
5.800
|
0.150
|
|
4 years closed
|
6.100
|
6.300
|
0.200
|
|
5 years closed
|
6.400
|
6.550
|
0.150
|
|
7 years closed
|
7.300
|
7.300
|
0.000
|
|
10 years closed
|
7.950
|
7.950
|
0.000
|
|
VARIABLE-RATE CLOSED TERM
|
|
|
|
|
5 years Variable rate
|
4.500
|
4.500
|
0.000
|
|
5 years Saver
|
5.100
|
5.100
|
0.000
|
|
5 years Capped rate
|
5.150
|
5.150
|
0.000
|
Information :
Denis Dubé
Manager
Public Relations Department
National Bank of Canada
514 394-8644
denis.dube@bnc.ca
|
|
|
|
Legal notices - Confidentiality policies - ABCs of Security
© NATIONAL BANK OF CANADA. All rights reserved 2001.
|
