News Releases
BMO Bank of Montreal Changes Mortgage Rates
BMO Bank of Montreal today announced it is changing its variable mortgage rates effective April 23, 2008. The new rates are:
|
Variable Rates: |
To: |
Change: |
|
3 year open |
4.750% |
-0.50% |
|
6 year Below Prime |
4.375% |
-0.50% |
|
5 year Protected |
4.650% |
-0.50% |
| The ceiling on the Five-Year Protected Variable Rate mortgage is 6.99%. | ||
| Homeowner ReadiLine� 5-year variable rate closed term |
4.75%
|
-0.50%
|
| Special Offers* | ||
|
To:
|
Change:
|
|
| 3 year (fixed/closed) |
5.79%
|
0.00%
|
| 5 year (fixed/closed) |
5.93%
|
0.00%
|
| 7 year (fixed/closed) |
5.93%
|
0.00%
|
| Homeowner ReadiLine� 5-year variable rate closed term |
4.50%
|
-0.50%
|
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