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BMO Mortgage Update
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Hello Global Pacific advisor,

  • Final month of Spring Cash Back up to $3,300 for clients purchasing or switching their mortgage to BMO (see attached for conditions).
  • Housing market has cooled the last few months, which is good news for buyers.
  • Fixed rates still rising, and prime rose by 0.50% this week increasing variable mortgage rates.  
  • Non Solicitation to help protect your business.

Mortgage Rates June 3/2022 (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

3.74%

4.09%

4.21%

4.51%

4.51%

2.97%

25yr amortization > 20% down

3.74%

4.09%

4.31%

4.59%

4.59%

3.03%

30yr amortization > 20% down

3.74%

4.09%

4.38%

4.69%

4.69%

3.09%

25yr Readiline (w/HELOC @ P+0-.5%)

3.74%

4.09%

4.31%

4.59%

4.59%

3.03%

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

3.74%

4.09%

4.38%

4.69%

4.69%

3.09%

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