BMO Bank of Montreal Changes Mortgage Rates

T.BMO
BMO Bank of Montreal Changes Mortgage Rates

TORONTO, ONTARIO--(Marketwired - June 28, 2013) - BMO Bank of Montreal announced today it is changing its residential mortgage rates, effective June 29, 2013.

The new rates are:

Special Offers* To: Change:
5 year Eco Smart fixed closed ™ 3.59 % +0.20 %
Fixed Rates: To: Change:
5 year low rate fixed closed 3.59 % +0.20 %
10 year low rate fixed closed 4.29 % +0.30 %

The interest rate for a fixed-rate mortgage is calculated half-yearly not in advance.

*This special discounted rate is not the posted rate of BMO Bank of Montreal. Rates are subject to change without notice. Mortgage funds must be advanced within 90 days of the application.

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 retail banking, wealth management and investment banking products and solutions.

Contact Information:
Media Contacts:
Jessica Park, Toronto
(416) 867-3996
jessica.park@bmo.com


Valerie Doucet, Montreal
(514) 877-8224
valerie.doucet@bmo.com


Laurie Grant, Vancouver
(604) 665-7596
laurie.grant@bmo.com


Internet: www.bmo.com
Twitter: @BMOmedia

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