CIBC Changes Residential Mortgage Rates

TORONTO, Feb. 9, 2012 /CNW/ - CIBC (TSX: CM); (NYSE: CM) today announced the following changes to mortgage rates, effective February 10th, 2012:

Changes to Special Offers:
Special Offer - 4-year Fixed Rate, Closed Mortgage         3.39 per cent (increased by 0.40 per cent)
Changes to Fixed Rate Posted Rates:
Posted Rate - 5-year Fixed Rate, Closed Mortgage         5.24 per cent (increased by 0.10 per cent)
           

CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, and has offices in the United States and around the world. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.


SOURCE CIBC

For further information:

Geoff Dillon, CIBC, 416-309-3266, geoff.dillon@cibc.com


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