News Releases
BMO Bank of Montreal Changes Mortgage Rates
BMO Bank of Montreal today announced it is changing its variable mortgage rates effective Jan 23, 2008.
The new rates are:
| Variable Rates: |
To:
|
Change:
|
| 3 year open |
5.750%
|
-0.25%
|
| 6 year Below Prime |
5.375%
|
-0.25%
|
| 5 year Protected |
5.650%
|
-0.25%
|
The ceiling on the Five-Year Protected Variable Rate mortgage is 7.49%.
- 30 -
