Laurentian Bank changes its mortgage rates

• Press Release
• Source: LAURENTIAN BANK OF CANADA
• On 4:37 pm EDT, Tuesday September 8, 2009

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.
	    

For further information

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

Buzz up!