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TORONTO, Jan. 28 /CNW/ - Scotiabank announced today the following changes in residential mortgage interest rates, effective January 29:- two-year closed 7.40 per cent (decreases by 0.10 per cent) - three-year closed 7.40 per cent (decreases by 0.10 per cent) - four-year closed 7.35 per cent (decreases by 0.15 per cent) - five-year closed 7.39 per cent (decreases by 0.10 per cent) - seven-year closed 7.70 per cent (decreases by 0.10 per cent)
For further information: Patty Stathokostas, (416) 866-3625