News Releases
BMO Bank of Montreal Decreases Mortgage Rates
BMO special five year fixed mortgage at 3.79 per cent continues to be the best in the marketplace
TORONTO, August 20, 2010 – BMO Bank of
The new rates are:
| Special Offers* | To: | Change: |
|---|---|---|
| 4 year fixed closed | 3.89% |
-0.10% |
| 5 year low rate fixed closed | 3.79% |
N/C |
| 5 year fixed closed | 3.99% |
-0.10% |
| 7 year fixed closed | 4.85% |
N/C |
| 10 year fixed closed | 4.95% |
N/C |
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 further information:
For news media enquiries, please contact:
Matt Duffin, Toronto, 416-867-3996, matthew.duffin@bmo.com
Sarah Bensadoun, Montreal, 514-877-8224, sarah.bensadoun@bmo.com