News Releases
BMO Bank of Montreal Changes Variable Residential Mortgage Rate
TORONTO, ONTARIO--(Marketwire - Aug. 23, 2011) - BMO Bank of Montreal today announced it is changing its Variable Closed Residential Mortgage rate, effective August 24, 2011. The new rate is:
| Variable rate: | To: | Change: | ||
| 5-year variable closed | 3.00 | % | +0.15 | %* |
*The interest rate for a variable rate mortgage is calculated monthly not in advance. The APR for the 5-year variable closed rate term is equal to our Prime Rate minus 0.00%.
Rates are subject to change without notice.
For further information:
For News Media Enquiries:
Matthew Duffin, Toronto
(416) 867-3996
matthew.duffin@bmo.com
Ronald Monet, Montreal
(514) 877-1873
ronald.monet@bmo.com
Internet: www.bmo.com
Matthew Duffin, Toronto
(416) 867-3996
matthew.duffin@bmo.com
Ronald Monet, Montreal
(514) 877-1873
ronald.monet@bmo.com
Internet: www.bmo.com
