BMO Bank of Montreal Decreases Mortgage Rates



    TORONTO, April 21 /CNW/ - BMO Bank of Montreal today announced it is
decreasing its variable mortgage rates, effective April 22, 2009.

    
    The new rates are:

    Variable Rates:             To:            Change:

    3 year open                3.75%            -0.25%
    5 year closed              3.05%            -0.25%
    Homeowner ReadiLine(R)
     (5-year variable rate
     closed term)              3.05%            -0.25%
    




For further information:

For further information: Kasia Lech, Toronto, (416) 867-3996,
kasia.lech@bmo.com; Lucie Gosselin, Montreal (514) 877-8224,
lucie.gosselin@bmo.com; Internet: www.bmo.com


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