One thing BMO has been known for is their flashy rate campaigns. Its latest is a two day internet promotion (Oct.13 and 14). What makes this one stand out is it is only for people who submit a comprehensive online application. It will be interesting to see how many people take the time to peruse this route for its restrictive low rate mortgages.
As we’ve said before BMO deserves props for promoting excellent rates, while its big 6 competitors post silly “special offers” that are 70-100+ basis points above the market.
That all being said people should know here at Mortgage Forces we offer this same rate with even better payment privileges, penalty calculations, features and refinance flexibility.
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