National Bank adjusts its mortgage rates

MONTREAL, Jan. 18, 2013 /CNW Telbec/ - National Bank has adjusted its rates for residential mortgages. The new rates are effective as of Friday, January 18, 2013.

TERM CURRENT RATE (%)   NEW RATE (%)   CHANGE
SPECIAL OFFER          
Promotional rate 4 years closed* --   3.190   --
Promotional rate 5 years closed* 3.990   3.790   -0.200

* Limited time offer. Rates subject to change. A rate can be guaranteed for up to 90 days following receipt of the application.

About National Bank of Canada
With $180 billion in assets as at July 31, 2012, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups, and was named among the five strongest banks in the world by Bloomberg Markets. The Bank has more than 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities via social media and learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.

 

 

SOURCE: National Bank of Canada

For further information:

(The telephone number provided below is for the exclusive use of journalists and other media representatives.):

Marie-Pierre Jodoin
Senior Advisor - Public Affairs
National Bank
Tel.: 514-394-4209