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News Releases
Archive
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BMO Bank of Montreal Lowers Mortgage Rates
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TORONTO, March 4 2008
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BMO Bank of Montreal today announced it is changing its variable mortgage rates effective March 5, 2008. The new rates are:
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Variable Rates:
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3 year open
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6 year Below Prime
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5 year Proteted
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The ceiling on the Five-Year Protected Variable Rate mortgage is 7.29%
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Homeowner ReadiLine®
5-year variable rate closed term
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- 30 -
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Contacts:
Katelyn Hunter, Toronto, (416) 867-3915, katelyn.hunter@bmo.com
Lucie Gosselin, Montreal, (514) 877-1101, lucie.gosselin@bmo.com
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