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Originally Posted by Kobatuzzied
Which bank?
Never mind. I guess the prime -.5% is only for the first 6 months and then it goes back to prime. CIBC even had one for -1% but once again only the 1st 6 months.
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Bank of Montreal. And mine doesn't switch, it's prime - 0.5% for as long as I have it.
At the time my mortgage broker was choked because she couldn't match it, so I had to take my business to BMO.
I'm 90% sure it's a total mistake by the manager at BMO, but he had to honour it once he offered it. I'm not ever letting this go.
