CIBC changes mortgage rates



    TORONTO, Jan. 11 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC today announced the
following changes in mortgage rates:

    
    Six-month convertible    7.05 per cent, up .30 per cent

    Six-month open           8.75 per cent, unchanged

    One-year open            9.50 per cent, down .10 per cent

    One-year closed          7.35 per cent, down .10 per cent

    Two-year closed          7.50 per cent, down .05 per cent

    Three-year closed        7.50 per cent, down .05 per cent

    Four-year closed         7.50 per cent, down .05 per cent

    Five-year closed         7.49 per cent, down .05 per cent

    Seven-year closed        7.80 per cent, down .05 per cent

    10-year closed           8.20 per cent, unchanged
    

    These rates are effective January 12, 2008.





For further information:

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


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