TORONTO, March 20 /CNW/ - Scotiabank announced today the following
changes in residential mortgage interest rates, effective March 21:-    six-month flexible    6.95 per cent    (decreases by 0.10 per cent)
    -    six-month open        8.80 per cent    (decreases by 0.10 per cent)
    -    one-year open         9.25 per cent    (decreases by 0.10 per cent)
    -    one-year closed       7.10 per cent    (decreases by 0.10 per cent)
    -    two-year closed       7.20 per cent    (decreases by 0.10 per cent)
    -    three-year closed     7.20 per cent    (decreases by 0.10 per cent)
    -    four-year closed      7.05 per cent    (decreases by 0.15 per cent)
    -    five-year closed      7.19 per cent    (decreases by 0.10 per cent)
    -    seven-year closed     7.55 per cent    (decreases by 0.10 per cent)