Laurentian Bank changes its mortgage rates



    MONTREAL, April 10 /CNW Telbec/ - Laurentian Bank has changed its
mortgage rates. The changes are as follows:

    
    TERM                                   RATE              VARIATION

    6 month open:          from    8.250%   to    8.250%        0.000%
    6 month close:         from    6.400%   to    6.500%   +    0.100%
    6 month convertible:   from    6.400%   to    6.450%   +    0.050%
    1 year open:           from    8.550%   to    8.750%   +    0.200%
    1 year close:          from    6.400%   to    6.600%   +    0.200%
    18 month close:        from    6.450%   to    6.650%   +    0.200%
    2 year:                from    6.500%   to    6.700%   +    0.200%
    3 year:                from    6.500%   to    6.700%   +    0.200%
    4 year:                from    6.500%   to    6.700%   +    0.200%
    5 year:                from    6.430%   to    6.630%   +    0.200%
    6 year:                from    6.650%   to    6.850%   +    0.200%
    7 year:                from    6.750%   to    6.950%   +    0.200%
    8 year:                from    7.200%   to    7.400%   +    0.200%
    9 year:                from    7.200%   to    7.400%   +    0.200%
    10 year:               from    7.300%   to    7.500%   +    0.200%
    

    These new mortgage rates will be effective as of April 11, 2007.




For further information:

For further information: Gladys Caron, Vice President, Public Affairs
and Communications, Laurentian Bank of Canada, (514) 284-4500, extension 7511,
Cellular: (514) 893-3963, gladys.caron@banquelaurentienne.ca

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Laurentian Bank of Canada

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