Laurentian Bank changes its mortgage rates

MONTREAL , Jan. 27 /CNW Telbec/ - Laurentian Bank has changed its mortgage rates. The changes are as follows:

    
    TERM                                          RATE             VARIATION

    3 year:                       from    4.25%    to    4.15%         -0.10%
    4 year:                       from    5.14%    to    5.04%         -0.10%
    5 year:                       from    5.48%    to    5.38%         -0.10%

    Fixed Rate Special offer :
    --------------------------
    5 Years (fixed/closed)        from    4.34%    to    4.24%         -0.10%
    

These new mortgage rates will be effective as of January 28, 2010 .

For further information: Gladys Caron, Vice President, Public Affairs and Communications, Laurentian Bank of Canada, Office: [phone], extension 7511, Cellular: [phone], [email protected]