TORONTO, April 3 /CNW/ - CIBC (CM: TSX; NYSE) today announced the
following changes in mortgage rates:Six-month convertible 5.05 per cent, down .15 per cent

    Six-month open        7.10 per cent, down .15 per cent

    One-year open         7.30 per cent, down .15 per cent

    One-year closed       4.35 per cent, down .15 per cent

    Two-year closed       4.80 per cent, down .20 per cent

    Three-year closed     4.95 per cent, down .20 per cent

    Four-year closed      5.14 per cent, down .30 per cent

    Five-year closed      5.45 per cent, down .10 per cent

    Seven-year closed     6.50 per cent, down .50 per cent

    10-year closed        6.60 per cent, no change

    These rates are effective April 4, 2009.