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National Bank adjusts its Mortgage rates
Montréal, 15 April 2004 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of April 16, 2004.
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TERM
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CURRENT RATE (%)
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NEW RATE
(%)
|
CHANGE
|
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FIXED-RATE OPEN TERM
|
|
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6 months open
|
6.60
|
6.60
|
0.000
|
|
1 year open
|
6.65
|
6.65
|
0.000
|
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FIXED-RATE CLOSED TERM
|
|
|
|
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3 month closed
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4.400
|
4.400
|
0.000
|
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6 months closed
|
5.150
|
5.150
|
0.000
|
|
1 year closed
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4.450
|
4.450
|
0.000
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|
2 years closed
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4.750
|
4.900
|
0.150
|
|
3 years closed
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5.350
|
5.600
|
0.250
|
|
4 years closed
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5.750
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5.850
|
0.100
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5 years closed
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5.950
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6.200
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0.250
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7 years closed
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7.050
|
7.400
|
0.350
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10 years closed
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7.750
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7.950
|
0.200
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VARIABLE-RATE CLOSED TERM
|
|
|
|
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5 years Variable rate (discount included)
|
3,50
|
3,50
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0,000
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5 years Saver
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4,05
|
4,05
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0,000
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5 years Capped rate
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4,15
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4,15
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0,000
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Information :
Denis Dubé
Manager
Public Relations Department
National Bank of Canada
Tél.: 514 394-8644
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