bmo

BMO ramping up its broker channel division with new network partnerships

March 25, 2024 No Comments

Since its official launch in late January, BMO’s BrokerEdge division has been making waves and slowly growing its presence in Canada’s mortgage broker channel.

BMO sees rise in loan losses, but says mortgage clients remain “resilient”

February 28, 2024 No Comments

BMO reported rising loan losses in the first quarter and anticipates a further increase before conditions improve in the second half of the year with expected Bank of Canada rate cuts.

Canada’s housing market to stabilize, but don’t expect return to “rollicking” price gains, BMO says

January 29, 2024 No Comments

While stability is expected to return to the country’s housing market this year as interest rates ease, homeowners shouldn’t expect a return to the “rollicking” price gains of previous years.

Some mortgage clients could see up to 40% payment increases at renewal, BMO says

December 4, 2023 No Comments

Like most other financial institutions, BMO said the bulk of its mortgage portfolio will be up for renewal in the coming three years, with the payment increases averaging up to 40%.

Three of the big banks have just lowered fixed mortgage rates. Will more follow?

November 20, 2023 No Comments

Lenders have been dropping fixed mortgage rates over the past few weeks…except for the Big 6 banks. But that changed this weekend when three of the big banks finally lowered select rates.

2023 mortgage lender panel at the national mortgage conference in Toronto, Ontario

Lender executives share their insights into the latest mortgage trends

October 27, 2023 1 Comment

The lender panel is a perennial fan-favourite at the National Mortgage Conference and this year was no exception. The panel, featuring executives from four key mortgage lenders, covered a number of topics, including emerging trends and issues facing the industry.

BMO ramping up its broker channel division with new network partnerships

BMO sees rise in loan losses, but says mortgage clients remain “resilient”

Canada’s housing market to stabilize, but don’t expect return to “rollicking” price gains, BMO says

Some mortgage clients could see up to 40% payment increases at renewal, BMO says

Three of the big banks have just lowered fixed mortgage rates. Will more follow?

Lender executives share their insights into the latest mortgage trends

No rate cuts expected until second half of 2024, says BMO

“Performance has been stellar” on mortgage renewals so far: BMO

BMO announces its return to the mortgage broker channel

With mortgage rates back on the rise, two-thirds of Canadians plan to delay their home purchase

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