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BMO February Promotion
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Hello Global Pacific advisor,  

 

  • Mortgage switch promotion on now, clients can save up to $1,200 in switch fees (see attached for details)
  • Fixed rates decreasing, no Prime rate change at Bank of Canada or US Fed last week
  • RSP season, TFSA season, annual review season, ask about mortgage renewals and diarize!

 

Mortgage Rates Feb 1/2024 (subject to change without notice)

Prime rate 7.20%

1yr

2yr

3yr

4yr

5yr

5yr

Type /Yr

fixed

fixed

fixed

fixed

fixed

variable

Default Insured 25yr < 20% down

6.62%

6.02%

5.48%

5.42%

5.02%

6.50%

25yr amortization > 20% down

6.73%

6.16%

5.61%

5.53%

5.39%

6.63%

30yr amortization > 20% down

6.83%

6.26%

5.70%

5.65%

5.49%

6.73%

25yr Readiline (w/HELOC @ P+1.0%)

6.73%

6.16%

5.61%

5.53%

5.39%

6.63%

30yr Readiline (w/HELOC) @ P+1.0%)

6.83%

6.26%

5.70%

5.65%

5.49%

6.73%

for rentals add up to 0.15%

Always ready to help you and your clients!

AttachmentSizeType
BMO 2024 February Switch Offer.pdf3.45 MBapplication/pdf