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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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