TORONTO, April 11 /CNW/ - Scotiabank announced today the following
changes in residential mortgage interest rates, effective April 12:-   six-month flexible   6.80 per cent     (decreases by 0.15 per cent)
    -   six-month open       8.65 per cent     (decreases by 0.15 per cent)
    -   one-year open        9.05 per cent     (decreases by 0.20 per cent)
    -   one-year closed      6.90 per cent     (decreases by 0.20 per cent)
    -   two-year closed      7.00 per cent     (decreases by 0.20 per cent)
    -   three-year closed    7.00 per cent     (decreases by 0.20 per cent)
    -   four-year closed     6.85 per cent     (decreases by 0.20 per cent)
    -   five-year closed     6.99 per cent     (decreases by 0.20 per cent)
    -   seven-year closed    7.35 per cent     (decreases by 0.20 per cent)