News Releases
TORONTO, ONTARIO--(Marketwired - Aug. 20, 2013) - BMO Bank of Montreal today announced it is changing its residential mortgage rates, effective August 21, 2013.
The new rates are:
| Special Offers* | To: | Change: | ||
| 5 year Eco Smart ™ fixed closed | 3.79% | +0.20% | ||
| Fixed Rates: | To: | Change: | ||
| 5 year low rate fixed closed | 3.79% | +0.20% | ||
The interest rate for a fixed-rate mortgage is calculated half-yearly not in advance. Rates are subject to change without notice. Mortgage funds must be advanced within 90 days of the application.
*This special discounted rate is not the posted rate of BMO Bank of Montreal.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.
Matt Duffin, Toronto
(416) 867-3996
matthew.duffin@bmo.com
Ron Monet, Montreal
(514) 877-1873
ronald.monet@bmo.com
Laurie Grant, Vancouver
(604) 665-7596
laurie.grant@bmo.com
Internet: www.bmo.com
Twitter: @BMOMedia