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    News Releases

    BMO Bank of Montreal Changes Mortgage Rates

    BMO Bank of Montreal today announced it is changing its variable mortgage rates effective March 8, 2006.

    The new rates are:

    Variable Rates:

    To:

    Change:

    3 year open

    5.500%

    0.25%

    6 year Flex Below Prime

    5.125%

    0.25%

    5 year   Protected Variable

    5.400%

    0.25%

    The cap on the five-year Protected Variable Rate mortgage is 6.45%.

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