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National Bank adjusts its mortgage rates
Montreal, 29 February 2000 - National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of March 1st, 2000.
|
TERM
|
CURRENT RATE
(%)
|
NEW RATE
(%)
|
CHANGE
|
|
6 months open
|
8,000
|
8,000
|
0,000
|
|
1 year open
|
8,200
|
8,200
|
0,000
|
|
3 months Saver
|
6,650
|
6,650
|
0,000
|
|
3 months closed
|
7,000
|
7,000
|
0,000
|
|
6 months closed
|
7,550
|
7,550
|
0,000
|
|
1 year closed
|
7,600
|
7,600
|
0,000
|
|
2 years closed
|
8,100
|
7,950
|
-0,150
|
|
3 years closed
|
8,300
|
8,150
|
-0,150
|
|
4 years closed
|
8,450
|
8,300
|
-0,150
|
|
5 years closed
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8,550
|
8,350
|
-0,200
|
|
7 years closed
|
8,800
|
8,600
|
-0,200
|
|
10 years closed
|
9,100
|
8,900
|
-0,200
|
-30-
Information :
Jean Robillard
Media Relations and Financial Communications Officer
Public Relations Department
National Bank of Canada
(514) 394-6990
jean.robillard@bnc.ca
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