BMO Financial Group

BMO Financial Group
BMO Bank of Montreal

BMO Bank of Montreal

November 09, 2010 11:08 ET

BMO Bank of Montreal Decreases Mortgage Rates

BMO Special Five-Year Fixed Mortgage at 3.39 Per Cent Continues to Be the Best in the Marketplace

TORONTO, ONTARIO--(Marketwire - Nov. 9, 2010) - BMO Bank of Montreal announced today it is decreasing its residential mortgage rates, effective November 10, 2010.

The new rates are:  
Special Offers* To:   Change:  
5 year low rate fixed closed 3.39 % -0.10 %
5 year fixed closed 3.79 % -0.10 %
Fixed Rates: To:   Change:  
5 year low rate fixed closed 5.19 % -0.10 %
5 year fixed closed 5.19 % -0.10 %
The interest rate for a fixed rate mortgage is calculated half-yearly not in advance.  

*These special discounted rates are not the posted rates of BMO Bank of Montreal. Rates are subject to change without notice. Offers may be withdrawn or extended without notice. Mortgage funds must be advanced within 90 days of the application.


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