CIBC changes mortgage rates



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

    
    Six-month convertible       4.75 per cent, down .30 per cent
    Six-month open              6.80 per cent, down .30 per cent
    One-year open               7.00 per cent, down .30 per cent
    One-year closed             3.90 per cent, down .45 per cent
    Two-year closed             4.05 per cent, down .75 per cent
    Three-year closed           4.15 per cent, down .80 per cent
    Four-year closed            4.84 per cent, down .30 per cent
    Five-year closed            5.25 per cent, down .20 per cent
    Seven-year closed           6.50 per cent, unchanged
    10-year closed              6.60 per cent, unchanged

    These rates are effective Wednesday, April 29, 2009.
    





For further information:

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


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