News Releases
BMO Bank of Montreal Changes Mortgage and Home Equity Lending Rates
TORONTO, October 8, 2008 – BMO Bank of Montreal announced today that it is increasing the posted rates on the following products to Prime plus 1.00%:
- Homeowner and Small Business Homeowner Readiline Variable rate Instalment portions – effective October 9, 2008
- Homeowner and Small Business Homeowner Readiline Revolving – effective October 9, 2008
- 3 Year Open Variable Rate Mortgage – effective October 14, 2008.
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