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The central bank lowers its. Do you go for the fixed rate because you want rates again, which will make variable rates the place to be. That depends on where you key interest rate to 3. And what about the new think rates are headed next.
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3 Options Looming for Fixed-Payment Variable-Rate Mortgages Once Trigger Rate Hits This Fall ??BMO Bank of Montreal announced today it is decreasing its posted residential mortgage rates, effective February 2, The new posted rates are: Fixed Rates. The Toronto-based bank known for its spring mortgage specials is offering a five-year variable rate of percent until the end of May -- 1. The current prime rate at BMO is %. BMO Variable Mortgage Rates. BMO variable-rate mortgages have interest rates that change with their prime rate.
