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Canadian Homebuyers Waiting for Bank of Canada to Cut Rates: Canadian MediaLooking to buy a home, switch your mortgage, or renew? You're in the right place. Compare mortgage rates, get pre-approved and explore your options at BMO. To receive a % rate discount, you must authorize BMO at origination to withdraw your loan payment each month from your BMO consumer checking account. Current BMO Mortgage Rates ; 3-year fixed closed, %, % ; 3-year variable open, %, % ; 4-year fixed closed, %, % ; 5-year.
