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    News Releases

    BMO Bank of Montreal Decreases Variable Mortgage Rate

    TORONTO, July 27, 2009 BMO Bank of Montreal announced today it is decreasing its residential variable mortgage rate, effective July 28, 2009. See below.

    Variable rates:
    To:
    Change:
    5 year closed
    2.65%
    - 0.20%
    3 year open
    3.75%
      0.00%

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