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National Bank adjusts its mortgage rates
Montreal, 31 August 2001 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of September 4th, 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
|
6.950
|
6.950
|
0.000
|
|
1 year open
|
7.000
|
7.000
|
0.000
|
|
3 months Saver
|
6.050
|
6.050
|
0.000
|
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3 months closed
|
6.400
|
6.400
|
0.000
|
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6 months closed
|
6.500
|
6.500
|
0.000
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1 year closed
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6.200
|
6.200
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0.000
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2 years closed
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6.850
|
6.700
|
-0.150
|
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3 years closed
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7.150
|
7.000
|
-0.150
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4 years closed
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7.500
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7.350
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-0.150
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5 years closed
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7.600
|
7.450
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-0.150
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7 years closed
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8.050
|
7.900
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-0.150
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10 years closed
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8.400
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8.250
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-0.150
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Information:
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- 30 -
Carole Gagné
Senior Manager
Public Relations Department
National Bank of Canada
(514) 394-6991
carole.gagne@bnc.ca
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