News Releases
BMO Bank of Montreal Lowers Mortgage Rates
BMO Bank of Montreal today announced it is changing its variable mortgage rates effective March 5, 2008. The new rates are:
|
Variable Rates: |
To: |
Change: |
|
3 year open |
5.250% |
-0.50% |
|
6 year Below Prime |
4.875% |
-0.50% |
|
5 year Proteted |
5.150% |
-0.50% |
The ceiling on the Five-Year Protected Variable Rate mortgage is 7.29%
|
Homeowner ReadiLine�
|
5.25% |
-0.50% |
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