Bank of Montreal Mortgage Rates
Compare current Bank of Montreal mortgage rates in Canada
Making homeownership possible with smart mortgage solutions.
By Andrew · Sources: the lender’s public rate pages, collected into the table on this page. Confirm the contract rate, fees, and eligibility with the lender before you apply.
Best Bank of Montreal Rates
Lowest rates by product type
Rate Overview
Best rate for each term and product type
| Term | Fixed Insured | Fixed Uninsured | Variable Insured | Variable Uninsured |
|---|---|---|---|---|
| 1 year | — | 5.49% | — | — |
| 2 years | — | 4.94% | — | — |
| 3 years | — | 4.94% | — | — |
| 4 years | — | 5.99% | — | — |
| 5 years | 4.99% | 5.14% | — | 4.10% |
| 6 years | — | 6.29% | — | — |
| 7 years | — | 6.40% | — | — |
| 10 years | — | 6.80% | — | — |
Posted vs what borrowers actually get
Bank of Montreal rates self-reported by Canadian borrowers online, last 30 days, as of October 4, 2026. The posted rate is this bank's uninsured rate in the current snapshot. Insured status on the reports is often unstated, so each row combines every status.
Fewer than 5 recent reports line up with a posted Bank of Montreal product, so this page does not chart a comparison. See rates people report across lenders.
Fixed Rate Mortgages
Lock in your rate for the term of your mortgage
1 year
1 option2 years
1 option3 years
1 option4 years
1 option5 years
2 options6 years
1 option7 years
1 option10 years
1 optionVariable Rate Mortgages
Rates change with the prime rate
5 years
1 optionMortgage Negotiation Guide
Negotiating your rate could save thousands, depending on your mortgage.
Learn MoreHead-to-head comparisons
Live-rate guides that include Bank of Montreal. Dash cells mean that product is not in today's feed.
About Bank of Montreal
BMO Bank of Montreal is one of Canada's oldest and most trusted banks, offering a comprehensive range of mortgage products for first-time buyers, renewals, and refinances. BMO is known for its Smart Fixed Mortgage, which provides peace of mind with a fixed rate and flexible prepayment options. BMO also offers a full-featured Home Equity Line of Credit (HELOC) for homeowners looking to tap into their property's equity. With competitive rates, a user-friendly online mortgage calculator, and access to mortgage specialists across Canada, BMO helps borrowers navigate the mortgage stress test and find the right financing solution.
Mortgage Specialties
Unique Features
- Smart Fixed Mortgage with prepayment flexibility
- HELOC access
- Online mortgage pre-approval
- Rate hold options
Compare Bank of Montreal against the market
See how Bank of Montreal stacks up on 5-year fixed, variable, insured, and uninsured rates.
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