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National Bank adjusts its mortgage rates
Montreal, 14 November 2001 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of November 14, 2001.
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TERM
|
CURRENT RATE
(%)
|
NEW RATE
(%)
|
CHANGE
|
|
6 months open
|
5.600
|
5.350
|
-0.250
|
|
1 year open
|
5.550
|
5.300
|
-0.250
|
|
3 months Saver
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4.550
|
4.550
|
0.000
|
|
3 months closed
|
4.900
|
4.900
|
0.000
|
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6 months closed
|
5.150
|
4.900
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-0.250
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1 year closed
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4.750
|
4.500
|
-0.250
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2 years closed
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5.400
|
5.100
|
-0.300
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3 years closed
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5.850
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5.600
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-0.250
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4 years closed
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6.300
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6.100
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-0.200
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5 years closed
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6.700
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6.450
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-0.250
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7 years closed
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7.400
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7.200
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-0.200
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10 years closed
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7.950
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7.750
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-0.200
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- 30 -
| Information: |
Carole Gagné
Senior Manager
Public Relations Department
National Bank of Canada
(514) 394-6991
carole.gagne@bnc.ca |
* The telephone number and e-mail address are for the exclusive use of journalists and other media representatives. |
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