Skip navigation
Navigation skipped
About BMO

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%.

-30-