 |
|
|
|
|
|
|
Home > News Room > PRESS RELEASES
|
| |
|
|
|
|
National Bank adjusts its mortgage rates
Montreal, 24 November 2005 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of November 25, 2005.
|
TERM
|
CURRENT RATE
(%)
|
NEW RATE
(%)
|
CHANGE
|
|
FIXED-RATE OPEN TERM
|
|
|
|
|
6 months open
|
7.200
|
7.400
|
0.200
|
|
1 year open
|
7.550
|
7.750
|
0.200
|
|
FIXED-RATE CLOSED TERM
|
|
|
|
|
3 months closed
|
5.500
|
5.700
|
0.200
|
|
6 months closed
|
5.500
|
5.700
|
0.200
|
|
1 year closed
|
5.400
|
5.600
|
0.200
|
|
2 years closed
|
5.600
|
5.650
|
0.050
|
|
3 years closed
|
5.750
|
5.750
|
0.000
|
|
4 years closed
|
6.100
|
6.100
|
0.000
|
|
5 years closed
|
6.150
|
6.150
|
0.000
|
|
7 years closed
|
7.000
|
7.000
|
0.000
|
|
10 years closed
|
7.150
|
7.150
|
0.000
|
|
VARIABLE-RATE CLOSED TERM
|
|
|
|
|
|
4.500
|
4.500
|
0.000
|
|
5 years Saver
|
5.150
|
5.350
|
0.200
|
|
5 years Capped rate
|
4.750
|
4.750
|
0.000
|
Information (The telephone number provided below is for the exclusive use of journalists and other media representatives.):
Denis Dubé
Director – Public Relations Department
National Bank of Canada
Tel.: (514) 394-8644
|
|
|
|
Legal notices - Confidentiality policies - ABCs of Security
© NATIONAL BANK OF CANADA. All rights reserved 2001.
|
