BMO’s prime rate was lowered to 4.95 ... your mortgage in full at any time without penalty. A closed mortgage will impose annual limits on how much you can prepay your mortgage.

Bank of Montreal BMO-T has tightened mortgage lending rules for self-employed Canadians in several industries that are vulnerable to U.S. tariffs, a move that critics say adds new obstacles during ...

The lender said in the memo this week that borrowers' total debt service ratio - the percentage of monthly household income that covers housing costs and other debts - will be reduced to 42% from 44%, ...