Skip navigation
    Canada
    Canada
    Flag of the United States of America US
    News Releases Signup for News Alerts Media Contacts Executive Bios Corporate Fact Sheet BMO Expert Insights
    Navigation skipped

    News Releases

    BMO Bank of Montreal Changes Mortgage Rates

    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 Offers may be withdrawn or extended without notice.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.

    For further information:
    Media Contacts:
    Matt Duffin, Toronto
    (416) 867-3996
    matthew.duffin@bmo.com

    Valerie Doucet, Montreal
    (514) 877-8224
    valerie.doucet@bmo.com

    Laurie Grant, Vancouver
    (604) 665-7596
    laurie.grant@bmo.com

    Internet: www.bmo.com
    Twitter: @BMOmedia