Laurentian Bank changes its mortgage rates Français

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Laurentian Bank of Canada

Mar 28, 2012, 17:35 ET

MONTREAL, March 28, 2012 /CNW Telbec/ - Laurentian Bank has changed its mortgage rates.  The changes are as follows:

TERM     RATE   VARIATION
                   
Fixed rate                  
5-year term   from 5.24%   to 5.44%   + 0.20%
                   
Variable rates*                  
3-year term   from 3.00%   to 3.20%   + 0.20%
5-year term   from 3.00%   to 3.20%   + 0.20%
                   
Special offers                  
(Fixed/closed), 4-year   from 3.39%   to 3.49%   + 0.10%
(Fixed/closed), 5-year   from 3.79%   to 3.99%   + 0.20%

 

*LBC Prime rate at 3.00%

These new mortgage rates will be effective as of March 29, 2012.

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

Organization Profile

Laurentian Bank of Canada

At Laurentian Bank, we believe we can change banking for the better. By seeing beyond numbers. Founded in Montréal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have approximately 3,000 employees working together as one team, to...