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CIBC changes mortgage rates
TORONTO, Feb. 15 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC today announced the following changes in mortgage rates:Six-month convertible 7.10 per cent, unchanged Six-month open 8.90 per cent, unchanged One-year open 9.50 per cent, unchanged One-year closed 7.25 per cent, down .10 per cent Two-year closed 7.30 per cent, down .10 per cent Three-year closed 7.30 per cent, down .10 per cent Four-year closed 7.19 per cent, down .21 per cent Five-year closed 7.29 per cent, down .10 per cent Seven-year closed 7.60 per cent, down .05 per cent 10-year closed 8.05 per cent, down .05 per cent These rates are effective February 16, 2008.
For further information:
For further information: Doug Maybee at (416) 980-7458 or doug.maybee@cibc.com