National Bank Financial Group Adjusts Its Mortgage Rates
TERM CURRENT RATE (%) NEW RATE (%) CHANGE ----------------------------------------------------------------------- ----------------------------------------------------------------------- FIXED-RATE OPEN TERM 6 months open 7.000 7.000 0.000 1 year open 6.750 6.750 0.000 FIXED-RATE CLOSED TERM 3 months closed 3.800 3.800 0.000 6 months closed 4.500 4.500 0.000 1 year closed 3.700 3.700 0.000 2 years closed 4.050 4.050 0.000 3 years closed 4.500 4.500 0.000 4 years closed 5.540 5.540 0.000 5 years closed 5.890 5.890 0.000 7 years closed 6.590 6.590 0.000 10 years closed 6.900 6.900 0.000 SPECIAL OFFER Promotional rate 5 years closed 4.590 4.490 -0.100 VARIABLE-RATE CLOSED TERM 5 years Variable rate (discount included) 2.500 2.500 0.000 5 years Saver 3.450 3.450 0.000 5 years Capped rate 3.150 3.150 0.000 Capped rate 5.890 5.890 0.000
About National Bank of Canada
National Bank of Canada is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has over $150 billion in assets and, together with its subsidiaries, employs 18,248 people. The Bank's securities are listed on the Toronto Stock Exchange
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