News Releases
BMO Bank of Montreal Changes Mortgage Rates
BMO Bank of Montreal today announced it is changing its variable mortgage rates effective July 11, 2007.
The new rates are:
| Variable Rates: |
To:
|
Change:
|
| 3 year open |
6.250%
|
0.25%
|
| 6 year Below Prime |
5.875%
|
0.25%
|
| 5 year Protected |
6.150%
|
0.25%
|
The ceiling on the Five-Year Protected Variable Rate mortgage is 7.24%.
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