BMO quickly moved to lower their mortgage rates as a result of the Bank of Canada announcement this morning. The changes are as follows and are effective tomorrow, March 4, 2009.
|
Variable Rates: |
To: |
Change: |
|
3 year open |
4.00% |
-0.50% |
|
5 year closed |
3.30% |
-0.50% |
|
Homeowner ReadiLine(R) |
3.50% |
-0.50% |
This is great news for variable mortgage shoppers, as well as for other mortgage looking for a mortgage
Go compare mortgage rates now.
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