News Releases
BMO Offers Canadians Lowest Five-Year Fixed Rate Mortgage with no transfer-in fees
25-year amortization helps Canadians become mortgage free faster
TORONTO, March 5, 2010 - BMO Bank of Montreal's new five-year fixed rate mortgage is available to all Canadians with the lowest rate at 3.75 per cent. Whether you are a first time home buyer or want to switch your mortgage with no transfer-in fees, BMO provides clarity to help make the right financial decisions.
The new mortgage:
- Offers the lowest fixed rate for a five-year closed term at 3.75 per cent
- Allows customers to repay their mortgage faster with a maximum 25-year or less amortization
- Saves homeowners tens of thousands of dollars in interest costs
- Comes with a 90-day rate guarantee
For further information:
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Toronto, 416-867-3996
