News Releases
TORONTO, February 8, 2011 – BMO Bank of
The new rates are:
Special Offers*
|
To:
|
Change:
|
4 year fixed closed
|
4.34%
|
0.22% |
5 year low rate fixed closed
|
3.94%
|
0.25% |
5 year fixed closed
|
4.39%
|
0.27% |
7 year fixed closed
|
5.25%
|
0.25% |
10 year fixed closed
|
5.35%
|
0.25% |
|
Fixed Rates: |
To: |
Change: |
|
6 month fixed convertible |
4.45% |
N/C |
|
6 month fixed open |
6.30% |
N/C |
|
1 year fixed open |
6.30% |
N/C |
|
1 year fixed closed |
3.50% |
0.15% |
|
2 year fixed closed |
3.75% |
0.15% |
|
3 year fixed closed |
4.35% |
0.20% |
|
4 year fixed closed |
5.14% |
0.20% |
|
5 year low rate fixed closed |
5.44% |
0.25% |
|
5 year fixed closed |
5.44% |
0.25% |
|
6 year fixed closed |
5.95% |
0.25% |
|
7 year fixed closed |
6.55% |
0.25% |
|
10 year fixed closed |
6.65% |
0.25% |
|
18 year fixed open |
8.85% |
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 news media enquiries, please contact:
Matt Duffin,
Sarah Bensadoun, Montreal, 514-877-8224, sarah.bensadoun@bmo.com
Laurie Grant, Vancouver, 604-665-7596, laurie.grant@bmo.com