CIBC changes mortgage rates



    TORONTO, March 6 /CNW/ - CIBC today announced the following changes in
    residential mortgage rates:

    
    Six-month convertible          6.45 per cent, n/c
    Six-month open                 8.25 per cent, n/c
    One-year open                  8.55 per cent, down 0.10 per cent
    One-year closed                6.40 per cent, down 0.10 per cent
    Two-year closed                6.50 per cent, down 0.10 per cent
    Three-year closed              6.50 per cent, down 0.10 per cent
    Four-year closed               6.50 per cent, down 0.10 per cent
    Five-year closed               6.49 per cent, down 0.16 per cent
    Seven-year closed              6.85 per cent, down 0.10 per cent
    Ten-year closed                7.30 per cent, down 0.10 per cent
    

    These rates are effective March 7, 2007.





For further information:

For further information: Rina Cortese, (416) 980-7458


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