BMO Bank of Montreal Reduces Home Equity Lending Rates

  1. Friday, October 10, 2008 16:36 EST
  2. Banks, General Financial

TORONTO, Oct. 10 /CNW/ -- TORONTO, Oct. 10 /CNW/ - BMO Bank of Montreal announced today that it is decreasing the rates on the following products by 0.25% to 5.25% effective October 14, 2008:


<<
- Homeowner and Small Business Homeowner Readiline Variable rate
Instalment portions
- Homeowner and Small Business Homeowner Readiline Revolving
>>

The change in rate only affects new and renewal applications.

Copyright 2008 PR Newswire. All Rights Reserved

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