Winter BMO Mortgage Promotion!

Submitted by Krishan on January 13, 2025 - 10:25am

Mortgage update and specials currently on at BMO:

Special 3yr fixed rate until Jan 19
Cash back promotion of up to $4,100 for switches or refinances transferred to BMO - see attached
Next Bank of Canada meeting Wed Jan 29 - most expecting drop of 0.25%, we’ll see!
Housing, rates, and rent outlook from BMO Economist Housing Outlook: A Long Way Home

*Winter Cash Back Promotion Jan 6 - Feb 10 (app date)*
Mortgage Rates Jan 12/2024 (subject to change without notice)
Prime rate 5.45%	1yr	2yr	3yr	4yr	5yr	5yr
Type /Yr	fixed	fixed	fixed	fixed	fixed	variable
Default Insured 25yr < 20% down	5.88%	5.39%	4.37%	4.57%	4.40%	4.66%
25yr amortization > 20% down	6.00%	5.55%	4.44%	4.69%	4.62%	4.78%
30yr amortization > 20% down	6.10%	5.65%	4.60%	4.76%	4.72%	4.88%

Referrals always welcome: Referral Form | BMO Bank of Montreal (make sure to include Francis Tan under “preferred mortgage specialist)

Let me help you build and retain your business.

Attachment	Size	Type
BMO 2025 Winter Switch Offer.pdf	3.75 MB	application/pdf