Scotiabank is making changes to its discounted rates on residential mortgages, effective June 26, 2013.

The bank has made the following adjustments:

  • Its two-year, closed, fixed-term rate went up to 2.89% (+ 0.10%)
  • Its 4-year, closed, fixed-term rate rose to 3.29% (+0.20%)
  • Its 7-year, closed, fixed-term rate was bumped to 3.79% (+ 0.20%)
  • Its 10-year, closed, fixed-term rate went up to 3.99% (+0.20%)