CIBC Changes Mortgage Rates



    TORONTO, Dec. 18 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC today announced the
following changes in mortgage rates:

    
    Six-month convertible       6.75 per cent, unchanged

    Six-month open              8.75 per cent, unchanged

    One-year open               9.60 per cent, unchanged

    One-year closed             7.45 per cent, up .20 per cent

    Two-year closed             7.55 per cent, up .20 per cent

    Three-year closed           7.55 per cent, up .20 per cent

    Four-year closed            7.55 per cent, up .20 per cent

    Five-year closed            7.54 per cent, up .20 per cent

    Seven-year closed           7.85 per cent, up .20 per cent

    10-year closed              8.20 per cent, up .20 per cent

    These rates are effective December 19, 2007.
    





For further information:

For further information: Doug Maybee at (416) 980-7458 or
doug.maybee@cibc.com


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