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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 Offers may be withdrawn or extended without notice.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