National Bank Financial Group
TSX : NA

National Bank Financial Group

January 28, 2010 11:37 ET

National Bank Financial Group Adjusts its Mortgage Rates

MONTREAL, QUEBEC--(Marketwire - Jan. 28, 2010) - National Bank Financial Group (TSX:NA) has adjusted its rates for residential mortgages. The new rates are effective as of January 29, 2010.




TERM CURRENT RATE(%) NEW RATE(%) CHANGE
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FIXED-RATE OPEN TERM
6 months open 7.000 7.000 0.000
1 year open 7.250 7.250 0.000

FIXED-RATE CLOSED TERM
3 months closed 3.600 3.600 0.000
6 months closed 3.600 3.600 0.000
1 year closed 3.600 3.600 0.000
2 years closed 3.750 3.750 0.000
3 years closed 4.250 4.150 -0.100
4 years closed 5.140 5.040 -0.100
5 years closed 5.490 5.390 -0.100
7 years closed 6.600 6.600 0.000
10 years closed 6.750 6.750 0.000

SPECIAL OFFER
Promotional rate 5 years closed 4.190 4.090 -0.100

VARIABLE-RATE CLOSED TERM
5 years Variable rate
(discount included) 2.250 2.250 0.000
5 years Saver 3.250 3.250 0.000
5 years Capped rate 2.900 2.900 0.000
Capped rate 5.490 5.390 -0.100


About National Bank of Canada

National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has more than $132 billion in assets and, together with its subsidiaries, employs 17,747 people. The Bank's securities are listed on the Toronto Stock Exchange (TSX:NA). For more information, visit the Bank's website at www.nbc.ca.

The telephone number provided below is for the exclusive use of journalists and other media representatives.

Contact Information

  • National Bank Financial Group
    Denis Dube
    Director, Public Relations
    514-394-8644