|
|
 |
 |
News Releases
Archive
|
|
|
|
|
BMO Bank of Montreal Changes Mortgage Rates
|
TORONTO, December 4, 2007
 Printer-friendly version
|
BMO Bank of Montreal today announced it is changing its variable mortgage rates effective December 5, 2007.
The new rates are:
| Variable Rates: |
To:
|
Change:
|
| 3 year open |
6.000%
|
-0.25%
|
| 6 year Below Prime |
5.625%
|
-0.25%
|
| 5 year Proteted |
5.900%
|
-0.25%
|
The ceiling on the Five-Year Protected Variable Rate mortgage is 7.39%.
- 30 -
|
|
|
|
|
For Media Relations Enquiries:
Katelyn Hunter, Toronto, katelyn.hunter@bmo.com,
(416) 867-3996
Lucie Gosselin, Montreal, lucie.gosselin@bmo.com,
(514) 877-1101
|
