Tagged: Banks

Variable Rate, Fixed Rate or Both?

Variable Rate, Fixed Rate or Both?

Aware of all the potential changes that are coming in the next few weeks and a strong realization of the material impact that they could have on the mortgage marketplace

BMO

BMO cuts mortgage rate to spur home buying

The Bank of Montreal cut its special five-year fixed rate mortgage by 20 basis points Wednesday, bringing it down to 3.59% from 3.79%.

BMO said in a statement that the move was an effort to provide potential home buyers an incentive as the fall season rolls around.