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CIBC changes mortgage rates
TORONTO, April 27 /CNW/ - CIBC (CM: TSX; NYSE) today announced the
following changes in mortgage rates:
Six-month convertible 5.05 per cent, up 0.15 per cent Six-month open 6.70 per cent, no change One-year open 6.45 per cent, no change One-year closed 3.80 per cent, up 0.20 per cent Two-year closed 4.15 per cent, up 0.15 per cent Three-year closed 4.85 per cent, up 0.25 per cent Four-year closed 5.74 per cent, up 0.15 per cent Five-year closed 6.25 per cent, up 0.15 per cent Seven-year closed 7.05 per cent, up 0.15 per cent 10-year closed 7.20 per cent, up 0.15 per cent These rates are effective Wednesday, April 28, 2010.
For further information: Doug Maybee at (416) 980-7458 or doug.maybee@cibc.com