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CIBC changes mortgage rates
TORONTO, Aug. 16 /CNW/ - CIBC (CM: TSX; NYSE) today announced the following changes in mortgage rates:
Six-month convertible 4.55 per cent, N/C Six-month open 6.70 per cent, N/C One-year open 6.45 per cent, N/C One-year closed 3.30 per cent, N/C Two-year closed 3.55 per cent, down 0.10 per cent Three-year closed 4.20 per cent, down 0.10 per cent Four-year closed 5.14 per cent, down 0.10 per cent Five-year closed 5.49 per cent, down 0.10 per cent Seven-year closed 6.55 per cent, down 0.10 per cent 10-year closed 6.60 per cent, down 0.10 per cent
These rates are effective Aug 17, 2010.
For further information: Rob McLeod, (416) 980-3714