BMO Bank of Montreal Changes Mortgage Rates


TORONTO, ONTARIO--(Marketwired - Aug 20, 2013) - BMO Bank of Montreal today announced it is changing its residential mortgage rates, effective August 21, 2013.

The new rates are:

Special Offers* To: Change:
5 year Eco Smart ™ fixed closed 3.79% +0.20%
Fixed Rates: To: Change:
5 year low rate fixed closed 3.79% +0.20%

The interest rate for a fixed-rate mortgage is calculated half-yearly not in advance. Rates are subject to change without notice. Mortgage funds must be advanced within 90 days of the application.

*This special discounted rate is not the posted rate of BMO Bank of Montreal.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.

Matt Duffin, Toronto
(416) 867-3996
Ron Monet, Montreal
(514) 877-1873
Laurie Grant, Vancouver
(604) 665-7596
Twitter: @BMOMedia

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