TORONTO, Feb. 14 /CNW/ - Scotiabank announced today the following changes
in residential mortgage interest rates, effective February 15:-   one-year open          9.35 per cent     (decreases by 0.10 per cent)
    -   one-year closed        7.20 per cent     (decreases by 0.10 per cent)
    -   two-year closed        7.30 per cent     (decreases by 0.10 per cent)
    -   three-year closed      7.30 per cent     (decreases by 0.10 per cent)
    -   four-year closed       7.20 per cent     (decreases by 0.15 per cent)
    -   five-year closed       7.29 per cent     (decreases by 0.10 per cent)
    -   seven-year closed      7.65 per cent     (decreases by 0.05 per cent)