MONTREAL, Sept. 8 /CNW Telbec/ - Laurentian Bank has changed its mortgage rates. The changes are as follows:
TERM RATE VARIATION
6 month open: from 6.55% to 6.35% -0.20%
6 month close: from 3.95% to 3.75% -0.20%
6 month convertible: from 5.25% to 5.15% -0.10%
1 year open: from 7.00% to 6.80% -0.20%
1 year close: from 3.75% to 3.70% -0.05%
18 month close: from 3.95% to 3.80% -0.15%
2 year: from 4.05% to 3.85% -0.20%
3 year: from 4.65% to 4.35% -0.30%
4 year: from 5.15% to 4.95% -0.20%
5 year: from 5.85% to 5.50% -0.35%
6 year: from 6.50% to 6.30% -0.20%
7 year: from 6.80% to 6.60% -0.20%
8 year: from 6.90% to 6.70% -0.20%
9 year: from 6.90% to 6.70% -0.20%
10 year: from 6.95% to 6.75% -0.20%
Fixed Rate Special offer :
--------------------------
18-month (fixed/closed) from 3.09% to 2.99% -0.10%
5 Years (fixed/closed) from 4.74% to 4.44% -0.30%
7 Years (fixed/closed) from 5.44% to 5.24% -0.20%
These new mortgage rates will be effective as of September 9, 2009.
ContactsGladys Caron Vice President
Public Affairs and Communications
Laurentian Bank of Canada
(514) 284-4500
extension 7511
Cellular: (514) 893-3963
gladys.caron@banquelaurentienne.ca



