BMO tightens mortgage rules for steel and aluminum workers, but experts urge perspective Mortgage March 29, 2025 Though experts say the policy change shouldn’t come as a surprise, and likely won’t affect a significant proportion of borrowers,…
Farm Lending Canada partners with BMO to tap into agricultural financing boom Mortgage February 6, 2025 In 2019, Family Lending Canada, which was established in 2001, pivoted to the agricultural channel under a new brand, with…
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…
