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TORONTO, April 10 /CNW/ - Scotiabank announced today the following changes in residential mortgage interest rates, effective April 11:- six-month flexible 6.45 per cent (increases by 0.05 per cent) - six-month open 8.30 per cent (increases by 0.05 per cent) - one-year open 8.70 per cent (increases by 0.20 per cent) - one-year closed 6.65 per cent (increases by 0.20 per cent) - two-year closed 6.70 per cent (increases by 0.20 per cent) - three-year closed 6.70 per cent (increases by 0.20 per cent) - four-year closed 6.70 per cent (increases by 0.20 per cent) - five-year closed 6.65 per cent (increases by 0.20 per cent) - seven-year closed 6.95 per cent (increases by 0.20 per cent) - ten-year closed 7.75 per cent (increases by 0.20 per cent) All other mortgage rates remain unchanged.
For further information: Paula Cufre, Scotiabank Public Affairs, (416) 933-1093, paula_cufre@scotiacapital.com