CIBC changes mortgage rates



    TORONTO, Jan. 28 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC today announced the
following changes in mortgage rates:

    
    Six-month convertible      7.10 per cent, up .05 per cent

    Six-month open             8.90 per cent, up .15 per cent

    One-year open              9.50 per cent, unchanged

    One-year closed            7.35 per cent, unchanged

    Two-year closed            7.40 per cent, down .10 per cent

    Three-year closed          7.40 per cent, down .10 per cent

    Four-year closed           7.40 per cent, down .10 per cent

    Five-year closed           7.39 per cent, down .10 per cent

    Seven-year closed          7.70 per cent, down .10 per cent

    10-year closed             8.10 per cent, down .10 per cent

    These rates are effective January 29, 2008.
    





For further information:

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


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