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CIBC changes mortgage rates
TORONTO, Nov. 22 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC today announced the following changes in mortgage rates:Six month convertible 6.75 per cent, unchanged Six month open 8.65 per cent, unchanged One year open 9.50 per cent, up .20 per cent One year closed 7.25 per cent, unchanged Two year closed 7.35 per cent, unchanged Three year closed 7.35 per cent, unchanged Four year closed 7.35 per cent, unchanged Five year closed 7.34 per cent, unchanged Seven year closed 7.65 per cent, unchanged 10 year closed 8.00 per cent, unchanged These rates are effective November 23, 2007.
For further information:
For further information: Doug Maybee at (416) 980-7458 or doug.maybee@cibc.com