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    News Releases

    BMO Bank of Montreal Decreases Mortgage Rates

    TORONTO, December 9, 2008– BMO Bank of Montreal today announced it is decreasing its variable mortgage rates effective December 10, 2008.

    The new rates are:

    Variable Rates:
    To:
    Change:
    3 year open
    4.50%
    -0.50%
     
    Homeowner ReadiLine
    5-year variable rate closed term
    4.50%
    -0.50%

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