BMO reverses course, reinstates OSFI’s stress test for uninsured mortgage switches Mortgage December 20, 2024 Following OSFI’s removal of the stress test requirement for uninsured switches last month, BMO initially adopted the change but reversed…
Mortgage arrears have yet to peak, but unlikely to reach long-term norm: BMO Mortgage October 14, 2024 While Canadian mortgage arrears have further to rise, a new report from BMO suggests they are unlikely to reach their…