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CIBC changes mortgage rates

    TORONTO, Oct. 31 /CNW/ - CIBC today announced the following changes in
mortgage rates:Six months convertible         6.75 per cent, N/C

    Six months open                8.65 per cent, N/C

    One year open                  9.30 per cent, N/C

    One year closed                7.25 per cent, N/C

    Two year closed                7.35 per cent, down .05 per cent

    Three year closed              7.35 per cent, down .05 per cent

    Four year closed               7.35 per cent, down .05 per cent

    Five year closed               7.34 per cent, down .10 per cent

    Seven year closed              7.65 per cent, N/C

    10 year closed                 8.00 per cent, N/C

    These rates are effective Nov. 1, 2007.
For further information:
For further information: Rob McLeod, (416) 980-3714

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