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    News Releases

    BMO Bank of Montreal Decreases Mortgage Rates

    TORONTO, April 21, 2009 – BMO Bank of Montreal today announced it is decreasing its variable mortgage rates, effective April 22, 2009.

    The new rates are:

    Variable Rates:
    To:
    Change:
    3 year open
    3.75%
    -0.25%
    5 year closed
    3.05%
    -0.25%
    Homeowner ReadiLine�
    5-year variable rate closed term
    3.05%
    -0.25%

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