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BMO Bank of Montreal Changes Mortgage Rates
 

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:  

Variable Rates:

To:

Change:

3 year open

4.750%

-0.50%

6 year Below Prime

4.375%

-0.50%

5 year Protected

4.650%

-0.50%

 
The ceiling on the Five-Year Protected Variable Rate mortgage is 6.99%.
 
Homeowner ReadiLine®
5-year variable rate closed term
4.75%
-0.50%
     
Special Offers*
 
To:
Change:
3 year (fixed/closed)
5.79%
0.00%
5 year (fixed/closed)
5.93%
0.00%
7 year (fixed/closed)
5.93%
0.00%
Homeowner ReadiLine®
5-year variable rate closed term
4.50%
-0.50%

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