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National Bank adjusts its mortgage rates
Montreal, 17 November 1999 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of November 18, 1999.
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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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7.750
|
7.750
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0.000
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1 year open
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7.950
|
7.950
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0.000
|
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3 months Saver
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5.900
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6.150
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0.250
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3 months closed
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6.250
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6.500
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0.250
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6 months closed
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7.300
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7.300
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0.000
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1 year closed
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7.350
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7.350
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0.000
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2 years closed
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7.850
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7.850
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0.000
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3 years closed
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8.050
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8.050
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0.000
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4 years closed
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8.150
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8.150
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0.000
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5 years closed
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8.250
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8.250
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0.000
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7 years closed
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8.500
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8.500
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0.000
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10 years closed
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8.800
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8.800
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0.000
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-30-
Information :
Jocelin Dumas
Communications Manager
National Bank of Canada
(514) 394-6990
jocelin.dumas@nbc.ca
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