Scotiabank changes variable mortgage rates



    TORONTO, March 4 /CNW/ - Scotiabank today announced changes in the
interest rates charged on Scotia residential mortgages, effective March 5. The
rates on the following products are:

    
    -   The Base Rate for the three-year Ultimate Variable Rate Mortgage will
        decrease by 0.50 per cent to 5.25 per cent;

    -   The Prime Rate for the five-year Flex Value Mortgage will decrease
        by 0.50 per cent to 5.25 per cent.
    





For further information:

For further information: Patty Stathokostas, Scotiabank Public Affairs,
(416) 866-3625


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