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CIBC changes mortgage rates
TORONTO, Sept. 9 /CNW/ - CIBC (CM: TSX; NYSE) today announced the following changes in mortgage rates:Six-month convertible 4.55 per cent, down 0.05 per cent Six-month open 6.60 per cent, down 0.20 per cent One-year open 6.35 per cent, down 0.65 per cent One-year closed 3.70 per cent, down 0.05 per cent Two-year closed 3.85 per cent, down 0.20 per cent Three-year closed 4.35 per cent, down 0.20 per cent Four-year closed 4.94 per cent, down 0.30 per cent Five-year closed 5.49 per cent, down 0.36 per cent Seven-year closed 6.60 per cent, down 0.10 per cent 10-year closed 6.75 per cent, down 0.05 per cent These rates are effective Thursday, September 10, 2009.
For further information:
For further information: Doug Maybee at (416) 980-7458 or doug.maybee@cibc.com