TD Fall Investing GuideTD Fall Investing Guide
Updated: Wed, 19 Mar 2014 20:06:40 GMT | By The Canadian Press, thecanadianpress.com

Scotiabank lowering closed mortgage rates

TORONTO - Scotiabank (TSX:BNS) has announced an across the board lowering of interest rates on its closed mortgages.


TORONTO - Scotiabank (TSX:BNS) has announced an across the board lowering of interest rates on its closed mortgages.

Meanwhile, the bank said Wednesday that it is also eliminating all currently published specials and issuing a new, four-year special rate at 2.94 per cent.

The changes are effective Thursday.

The lower rates are on Scotiabank's one- to five-year closed mortgages as well as its seven- and 10-year closed mortgages.

The changes range from a drop of 0.20 percentage points to 4.79 per cent on its five-year closed to as much as 0.75 percentage points to 3.14 per cent on its two-year closed mortgage.

Find the cheapest gas price near you!Find the cheapest gas price near you!
Scroll upScroll down

Recently recommended stories

advertisement