Mortgage

A Home Builder Is Offering to Cover Your First 12 Mortgage Payments

Here’s something new I haven’t seen this cycle.A home builder is offering to cover your first 12 mortgage payments if you purchase one...

Markets raise bets on Bank of Canada hikes as oil fears mount

Markets see the Bank of Canada hiking interest rates more aggressively this year amid surging oil prices and hawkish messaging from peer central...

Borrower hesitation in high-cost regions

Affordability pressures continue to reshape purchase demand, particularly in coastal and climate-exposed markets. Borrower hesitation in high-cost regions no longer stems from rate...

Mortgage Rates Hit 2026 Highs, Look Headed Back to 6.50%

Mortgage rates took another leg up today, rising ever closer to 6.50%.The culprit once again has been the conflict in the Middle East,...

BMO accelerates U.S. growth, seeing path to reach target quicker

The new head of Bank of Montreal’s U.S. operations is ramping up growth plans for the Canadian banking giant south of the border,...