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Press ReleaseSource: CIBC; Canadian Imperial Bank of Commerce

CIBC changes mortgage rates
Thursday November 19, 2:32 pm ET

TORONTO, Nov. 19 /CNW/ - CIBC (CM: TSX; NYSE) today announced the following changes in mortgage rates:

	    Six-month convertible       4.65 per cent, no change

	    Six-month open              6.70 per cent, no change

	    One-year open               6.45 per cent, no change

	    One-year closed             3.60 per cent, down 0.20 per cent

	    Two-year closed             3.75 per cent, down 0.20 per cent

	    Three-year closed           4.25 per cent, down 0.20 per cent

	    Four-year closed            5.19 per cent, down 0.10 per cent

	    Five-year closed            5.59 per cent, down 0.25 per cent

	    Seven-year closed           6.65 per cent, down 0.15 per cent

	    10-year closed              6.80 per cent, down 0.15 per cent
	    
These rates are effective Friday, November 20, 2009.

For further information

Doug Maybee at (416) 980-7458 or doug.maybee@cibc.com



Source: CIBC; Canadian Imperial Bank of Commerce


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