CIBC changes mortgage rates

TORONTO, April 27 /CNW/ - CIBC (CM: TSX; NYSE) today announced the

following changes in mortgage rates:

    
    Six-month convertible       5.05 per cent, up 0.15 per cent

    Six-month open              6.70 per cent, no change

    One-year open               6.45 per cent, no change

    One-year closed             3.80 per cent, up 0.20 per cent

    Two-year closed             4.15 per cent, up 0.15 per cent

    Three-year closed           4.85 per cent, up 0.25 per cent

    Four-year closed            5.74 per cent, up 0.15 per cent

    Five-year closed            6.25 per cent, up 0.15 per cent

    Seven-year closed           7.05 per cent, up 0.15 per cent

    10-year closed              7.20 per cent, up 0.15 per cent

    These rates are effective Wednesday, April 28, 2010.
    

SOURCE CIBC

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


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