National Bank lowers its 5-year variable mortgage rate from 3.45% to 2.45%

MONTREAL, May 22, 2018 /CNW Telbec/ - National Bank has announced a reduction in its variable mortgage rate for a 60-month term from 3.45% to 2.45%, effective today.

The Bank offers a multitude of mortgage solutions and clients are invited to meet with an advisor to identify the product that best meets their needs.

About National Bank of Canada

With $251 billion in assets as at January 31, 2018, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 21,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.caor via social media such as Facebook, LinkedInand Twitter.

SOURCE National Bank of Canada