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Laurentian Bank of Canada (LB)
Exchange: Toronto Stock Exchange
$44.210
May 25, 2013, 11:35 PM EDT
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Laurentian Bank changes its mortgage rates

MONTREAL, March 28, 2012 /CNW Telbec/ - Laurentian Bank has changed its mortgage rates.  The changes are as follows:

TERM     RATE   VARIATION
                   
Fixed rate                  
5-year term   from 5.24%   to 5.44%   + 0.20%
                   
Variable rates*                  
3-year term   from 3.00%   to 3.20%   + 0.20%
5-year term   from 3.00%   to 3.20%   + 0.20%
                   
Special offers                  
(Fixed/closed), 4-year   from 3.39%   to 3.49%   + 0.10%
(Fixed/closed), 5-year   from 3.79%   to 3.99%   + 0.20%

 

*LBC Prime rate at 3.00%

These new mortgage rates will be effective as of March 29, 2012.

Laurentian Bank of Canada
Gladys Caron
Vice President, Public Affairs and Communications
Office: 514 284-4500, extension 7511
Cellular : 514 893-3963
gladys.caron@banquelaurentienne.ca

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