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National Bank adjusts its mortgage rates
Montreal, 8 December 2000 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of December 8th, 2000.
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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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8,600
|
8,400
|
-0,200
|
|
1 year open
|
8,600
|
8,500
|
-0,100
|
|
3 months Saver
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7,400
|
7,400
|
0,000
|
|
3 months closed
|
7,750
|
7,750
|
0,000
|
|
6 months closed
|
8,150
|
7,950
|
-0,200
|
|
1 year closed
|
7,800
|
7,700
|
-0,100
|
|
2 years closed
|
7,900
|
7,750
|
-0,150
|
|
3 years closed
|
7,950
|
7,800
|
-0,150
|
|
4 years closed
|
8,050
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7,900
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-0,150
|
|
5 years closed
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8,100
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7,950
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-0,150
|
|
7 years closed
|
8,350
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8,200
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-0,150
|
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10 years closed
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8,600
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8,500
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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
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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