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National Bank adjusts its Mortgage rates
Montreal, 20 April 2004 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of April 20, 2004.
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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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FIXED-RATE OPEN TERM
|
|
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6 months open
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6.60
|
6.60
|
0.000
|
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1 year open
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6.65
|
6.65
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0.000
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FIXED-RATE CLOSED TERM
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|
|
|
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3 month closed
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4.400
|
4.400
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0.000
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6 months closed
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5.150
|
5.150
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0.000
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1 year closed
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4.450
|
4.450
|
0.000
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2 years closed
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4.900
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4.900
|
0.000
|
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3 years closed
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5.600
|
5.500
|
-0.100
|
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4 years closed
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5.850
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5.950
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0.100
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5 years closed
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6.200
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6.150
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-0.050
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7 years closed
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7.400
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7.250
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-0.150
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10 years closed
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7.950
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7.950
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0.000
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VARIABLE-RATE CLOSED TERM
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|
|
|
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5 years Variable rate (discount included)
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3,50
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3,50
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0,000
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5 years Saver
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4,05
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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
Tel.: 514 394-8644
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