Scotiabank changes mortgage rates



    TORONTO, March 6 /CNW/ - Scotiabank announced today the following changes
in residential mortgage interest rates, effective March 7:

    
    -   one-year open        8.50 per cent     (decreases by 0.10 per cent)
    -   one-year closed      6.45 per cent     (decreases by 0.10 per cent)
    -   two-year closed      6.50 per cent     (decreases by 0.10 per cent)
    -   three-year closed    6.50 per cent     (decreases by 0.10 per cent)
    -   four-year closed     6.50 per cent     (decreases by 0.10 per cent)
    -   five-year closed     6.50 per cent     (decreases by 0.15 per cent)
    -   seven-year closed    6.75 per cent     (decreases by 0.15 per cent)
    -   ten-year closed      7.60 per cent     (decreases by 0.15 per cent)

                 All other mortgage rates remain unchanged.
    





For further information:

For further information: Paula Cufre, Scotiabank Public Affairs, (416)
933-1093, paula_cufre@scotiacapital.com


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