BMO Bank of Montreal Lowers Mortgage Rates

    TORONTO, March 4 /CNW/ - BMO Bank of Montreal today announced it is
changing its variable mortgage rates effective March 5, 2008.

    The new rates are:

    Variable Rates:            To:       Change:
    3 year open              5.250%      -0.50%
    6 year Below Prime       4.875%      -0.50%
    5 year Protected         5.150%      -0.50%

    The ceiling on the Five-Year Protected Variable Rate mortgage is 7.29%.

    Homeowner ReadiLine(R)
     5-year variable rate
     closed term              5.25%      -0.50%

For further information:

For further information: Katelyn Hunter, Toronto, (416) 867-3915,; Lucie Gosselin, Montreal, (514) 877-1101,; Internet:

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890