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News Releases Current |
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BMO Bank of Montreal Changes Mortgage Rates
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TORONTO, April 22, 2008
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BMO Bank of Montreal today announced it is changing its variable mortgage rates effective April 23, 2008. The new rates are:
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Variable Rates:
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To:
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Change:
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3 year open
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4.750%
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-0.50%
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6 year Below Prime
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4.375%
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-0.50%
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5 year Protected
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4.650%
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-0.50%
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| The ceiling on the Five-Year Protected Variable Rate mortgage is 6.99%. |
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Homeowner ReadiLine®
5-year variable rate closed term |
4.75%
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-0.50%
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| Special Offers* |
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To:
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Change:
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| 3 year (fixed/closed) |
5.79%
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0.00%
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| 5 year (fixed/closed) |
5.93%
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0.00%
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| 7 year (fixed/closed) |
5.93%
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0.00%
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Homeowner ReadiLine®
5-year variable rate closed term |
4.50%
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-0.50%
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