TORONTO, ONTARIO--(Marketwired - June 10, 2013) - BMO Bank of Montreal today announced it is changing its residential mortgage rates, effective June 11, 2013.
The new rates are:
Fixed Rates: |
To: |
|
Change: |
|
1 year fixed closed |
3.14 |
% |
+0.14 |
% |
2 year fixed closed |
3.14 |
% |
+0.10 |
% |
3 year fixed closed |
3.65 |
% |
+0.10 |
% |
5 year low rate fixed closed |
3.19 |
% |
+0.10 |
% |
10 year low rate fixed closed |
3.99 |
% |
+0.30 |
% |
The interest rate for a fixed rate mortgage is calculated half-yearly not in advance.
Rates are subject to change without notice. Offers may be withdrawn or extended without notice. Mortgage funds must be advanced within 90 days of the application.