TORONTO, Oct. 8 /CNW/ - BMO Bank of Montreal announced today that it is
increasing the posted rates on the following products to Prime plus 1.00%:
- Homeowner and Small Business Homeowner Readiline Variable rate
Instalment portions - effective October 9, 2008
- Homeowner and Small Business Homeowner Readiline Revolving -
effective October 9, 2008
- 3 Year Open Variable Rate Mortgage - effective October 14, 2008.
The change in rate only affects new and renewal applications.
For further information:
For further information: Media Contacts: Kasia Lech, Toronto,
email@example.com, (416) 867-3996; Ronald Monet, Montreal,
firstname.lastname@example.org, (514) 877-1101; Internet: www.bmo.com