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News Releases
Archive
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BMO Bank of Montreal Changes Mortgage Rates
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TORONTO, January 22, 2008
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BMO Bank of Montreal today announced it is changing its variable mortgage rates effective Jan 23, 2008.
The new rates are:
| Variable Rates: |
To:
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Change:
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| 3 year open |
5.750%
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-0.25%
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| 6 year Below Prime |
5.375%
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-0.25%
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| 5 year Protected |
5.650%
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-0.25%
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The ceiling on the Five-Year Protected Variable Rate mortgage is 7.49%.
- 30 -
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For Media Relations Enquiries:
Katelyn Hunter, Toronto, katelyn.hunter@bmo.com,
(416) 867-3996
Ronald Monet, Montreal, ronald.monet@bmo.com,
(514) 877-1873
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