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BMO Says Housing Market Will Continue To CrashBMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from per cent to per cent, effective October 24, CNW. Bank of America cut Bank of Montreal from a "buy" rating to a "neutral" rating and lowered their price target for the company from C$ to C$ in a. Bank of Montreal's shares dropped sharply due to concerns about its exposure to commercial loan losses, with executives warning of further difficulties ahead.