CIBC changes mortgage rates



    TORONTO, Sept. 26 /CNW/ - CIBC (CM: TSX; NYSE) today announced the
following changes in mortgage rates:

    
    Six-month convertible       6.74 per cent, no change

    Six-month open              8.74 per cent, no change

    One-year open               8.80 per cent, no change

    One-year closed             6.65 per cent, no change

    Two-year closed             6.70 per cent, no change

    Three-year closed           7.05 per cent, up .35 per cent

    Four-year closed            7.04 per cent, up .35 per cent

    Five-year closed            7.20 per cent, up .35 per cent

    Seven-year closed           7.65 per cent, up .35 per cent

    10-year closed              8.00 per cent, up .35 per cent

    These rates are effective September 27, 2008.
    





For further information:

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


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