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National Bank adjusts its mortgage rates
Montreal, 5 March 2001 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of March 5th, 2001.
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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
|
8,100
|
7,900
|
-0,200
|
|
1 year open
|
8,050
|
7,850
|
-0,200
|
|
3 months Saver
|
7,300
|
7,300
|
0,000
|
|
3 months closed
|
7,650
|
7,650
|
0,000
|
|
6 months closed
|
7,650
|
7,450
|
-0,200
|
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1 year closed
|
7,200
|
7,050
|
-0,150
|
|
2 years closed
|
7,350
|
7,100
|
-0,250
|
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3 years closed
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7,450
|
7,200
|
-0,250
|
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4 years closed
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7,650
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7,400
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-0,250
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5 years closed
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7,750
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7,500
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-0,250
|
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7 years closed
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8,050
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7,950
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-0,100
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10 years closed
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8,400
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8,300
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-0,100
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-30-
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Information:
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Jean Robillard
Media Relations and
Financial Communications Officer
Public Relations Department
National Bank of Canada
Tel: (514) 394-6990
jean.robillard@bnc.ca
www.nbc.ca
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*The telephone number and e-mail address are for the exclusive use of journalists and other media representatives.
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