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BMO Bank of Montreal Decreases Mortgage Rates

TORONTO, March 3, 2009 – BMO Bank of Montreal today announced it is decreasing its variable mortgage rates effective March 4, 2009.

The new rates are:

Variable Rates:
To:
Change:
3 year open
4.00%
-0.50%
5 year closed
3.30%
-0.50%
Homeowner ReadiLine
5-year variable rate closed term
3.50%
-0.50%

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