TORONTO, Nov. 19 /CNW/ - CIBC (CM: TSX; NYSE) today announced the following changes in mortgage rates:
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Six-month convertible 4.65 per cent, no change
Six-month open 6.70 per cent, no change
One-year open 6.45 per cent, no change
One-year closed 3.60 per cent, down 0.20 per cent
Two-year closed 3.75 per cent, down 0.20 per cent
Three-year closed 4.25 per cent, down 0.20 per cent
Four-year closed 5.19 per cent, down 0.10 per cent
Five-year closed 5.59 per cent, down 0.25 per cent
Seven-year closed 6.65 per cent, down 0.15 per cent
10-year closed 6.80 per cent, down 0.15 per cent
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These rates are effective Friday, November 20, 2009.
For further information: Doug Maybee at (416) 980-7458 or doug.maybee@cibc.com
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