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BMO Cash Back Promotion Continues!
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Dear Valued Advisor,

  • We are now in traditionally the busiest time of year for real estate, and prices remain firm.
  • We are offering up to $3,300 Cash Back* to those purchasing or switching their mortgage to BMO (see attached for conditions).
  • Refer clients, family, or yourself to earn referral compensation.
  • Non-solicitation agreement in place, we’re a partner you can trust.

Fixed rates have been rising for a while, and the prime rate increased by 0.50% last week affecting variable mortgage rates.  

Mortgage Rates Apr 14/2022 (subject to change without notice)

Cash back* on purchase or switch Mar 1-Jun 30 (app date)

 

 

1yr

2yr

3yr

4yr

5yr

5yr

Type /Yr

fixed

fixed

fixed

fixed

fixed

variable

Default Insured 25yr < 20% down

2.89%

3.44%

3.47%

3.77%

3.77%

2.42%

25yr amortization > 20% down

2.94%

3.44%

3.57%

3.82%

3.84%

2.50%

30yr amortization > 20% down

2.94%

3.44%

3.64%

3.87%

3.91%

2.56%

25yr Readiline (w/HELOC @ P+0.5%)

2.94%

3.44%

3.57%

3.82%

3.84%

2.50%

30yr Readiline (w/HELOC) @ P+0.5%)

2.94%

3.44%

3.64%

3.87%

3.91%

2.56%

 

 

 

for rentals add 0.10%

Line of Credit (HELOC) in 1st

3.70% (P+0.50%

 

Attachments:

BMO 2022 Spring Switch Offer

BMO 2022 Spring Purchase Offer

AttachmentSizeType
BMO 2022 Spring Switch Offer.PDF1.54 MBapplication/pdf
BMO 2022 Spring Purchase Offer.PDF1.55 MBapplication/pdf