bmo mortgages

BMO reports increased delinquencies, predicts prolonged high interest rates

May 30, 2024 No Comments

BMO reported a rise in delinquencies in the second quarter and said it expects credit challenges to persist with interest rates now likely to remain

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 announces its return to the mortgage broker channel

June 29, 2023 2 Comments

BMO has officially announced its plans to return to the mortgage broker channel under the banner BrokerEdge.

BMO: 20% of variable-rate mortgage clients have increased payments

March 4, 2023 No Comments

Mortgage amortization periods continue to grow at BMO due to rising interest rates, but the bank said about a fifth of its variable-rate clients have preemptively increased payments.

BMO: No issues with mortgage renewals at this time

December 1, 2022 No Comments

The Bank of Montreal (BMO) is the latest of Canada’s big banks to confirm most of its mortgage clients haven’t yet experienced challenges with their

↑