MONTREAL, Oct. 14 /CNW Telbec/ - Laurentian Bank has changed its mortgage rates. The changes are as follows:
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TERM RATE VARIATION
6 month open: from 6.35% to 6.45% + 0.10%
6 month close: from 3.75% to 3.85% + 0.10%
6 month convertible: from 5.15% to 5.25% + 0.10%
1 year open: from 6.80% to 6.80% 0.00%
1 year close: from 3.70% to 3.80% + 0.10%
18 month close: from 3.80% to 3.90% + 0.10%
2 year: from 3.85% to 3.95% + 0.10%
3 year: from 4.35% to 4.65% + 0.30%
4 year: from 4.95% to 5.30% + 0.35%
5 year: from 5.50% to 5.85% + 0.35%
6 year: from 6.30% to 6.50% + 0.20%
7 year: from 6.60% to 6.80% + 0.20%
8 year: from 6.70% to 6.90% + 0.20%
9 year: from 6.70% to 6.90% + 0.20%
10 year: from 6.75% to 6.95% + 0.20%
Fixed Rate Special offer :
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18-month (fixed/closed) from 2.99% to 3.09% + 0.10%
5 Years (fixed/closed) from 4.44% to 4.74% + 0.30%
7 Years (fixed/closed) from 5.24% to 5.44% + 0.20%
These new mortgage rates will be effective as of October 15, 2009.
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For further information: Gladys Caron, Vice President, Public Affairs and Communications, Laurentian Bank of Canada, (514) 284-4500, extension 7511, Cellular: (514) 893-3963, gladys.caron@banquelaurentienne.ca
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