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Tag: BMO

Bank of Canada offers a reprieve for mortgage borrowers, but leaves door open to more hikes – Mortgage Rates & Mortgage Broker News in...

The Bank of Canada opted to leave interest rates unchanged today but maintained its hawkish bias, confirming it won’t hesitate to hike rates further...

Neofin’s no-code lending automation SaaS goes live in the US, powering the transformative consumer lending products

Chicago, September 6th — Neofin, the no-code lending automation platform, launched its first US project, entering the market to power the transformative and sustainable consumer...

Bank of Canada decision: Rate hold expected, but debate over future hikes persists – Mortgage Rates & Mortgage Broker News in Canada

Weaker-than-expected GDP data last week likely sealed the deal for a rate hold tomorrow by the Bank of Canada. But not all economists are...

Weak GDP data means Bank of Canada rate hikes could be “over and done” – Mortgage Rates & Mortgage Broker News in Canada

Canada’s economy slowed more than expected in the second quarter, raising the likelihood that the Bank of Canada will leave rates unchanged at next...

BMO launches mobile wallet for virtual cards

BMO Commercial Bank has joined forces with Mastercard and Extend to give clients the power to create and push virtual cards to their...

Fixed mortgage rates surge higher as bond yields break above 4% – Mortgage Rates & Mortgage Broker News in Canada

Bond yields broke through a key resistance point this week, leading to a fresh round of fixed mortgage rate increases. The rise in...

Higher interest rates put a chill on Canada’s housing markets in July – Mortgage Rates & Mortgage Broker News in Canada

Home sales and prices continued to ease in July following the two latest rate hikes from the Bank of Canada. On a seasonally...

Meet the Masterminds: An Introduction to the Keynote Speakers on Day One of FinovateFall – Finovate

FinovateFall 2023 is one month away! Our annual autumn fintech showcase returns to New York City, September 11 through September 13, for three...

Veritiv Acquired by CD&R

Publicly traded Veritiv Corporation, a provider of packaging, janitorial and sanitary, and hygiene products, has agreed to be acquired by Clayton, Dubilier & Rice...

Apollo Closes Buy of Commodity and Specialty Chemicals Distributor

Apollo has completed its acquisition of Univar Solutions, a distributor of commodity and specialty chemicals, at an enterprise value of $8.1 billion. Co-investing on...

Copper Hits Three-Month High Amid Demand Hopes, Supply Risks

Copper hit a three-month high as it headed for its biggest monthly advance since January 2023, supported by growing optimism over Chinese demand and...

Slowing economic growth could keep the Bank of Canada on hold – Mortgage Rates & Mortgage Broker News in Canada

The latest barometer of Canada’s economic growth is being described as “disappointing,” which some say could be enough to avoid any further Bank of...

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