News Releases
TORONTO, August 16, 2010 – BMO Bank of
The new rates are:
|
Fixed Rates: |
To: |
Change: |
|---|---|---|
|
6 month fixed convertible |
4.55% |
N/C |
|
6 month fixed open |
6.45% |
N/C |
|
1 year fixed open |
6.45% |
N/C |
|
1 year fixed closed |
3.30% |
N/C |
|
2 year fixed closed |
3.55% |
-0.10% |
|
3 year fixed closed |
4.10% |
-0.10% |
|
4 year fixed closed |
5.14% |
-0.10% |
|
5 year low rate fixed closed |
5.49% |
-0.10% |
|
5 year fixed closed |
5.49% |
-0.10% |
|
6 year fixed closed |
5.80% |
-0.10% |
|
7 year fixed closed |
6.40% |
-0.10% |
|
10 year fixed closed |
6.50% |
-0.10% |
|
18 year fixed open |
8.85% |
-0.10% |
| Special Offers* | To: | Change: |
|---|---|---|
| 4 year fixed closed | 3.99% |
-0.10% |
| 5 year low rate fixed closed | 3.79% |
-0.10% |
| 5 year fixed closed | 4.09% |
-0.10% |
| 7 year fixed closed | 4.85% |
-0.10% |
| 10 year fixed closed | 4.95% |
-0.10% |
The interest rate for a fixed rate mortgage is calculated half-yearly not in advance.
*These special discounted rates are not the posted rates of BMO Bank of
For news media enquiries, please contact:
Matthew Duffin, Toronto, 416-867-3996, mattew.duffin@bmo.com
Sarah Bensadoun, Montreal, 514-877-8224, sarah.bensadoun@bmo.com
