Mortgage rate outlook, Tango Financial, Recession fears, BMO results, Default spike, More

Don't expect Canadian mortgage rates to see a big decline anytime soon View web version | Forward to a colleague 28 May 2025 Top News Don't expect Canadian mortgage rates to see a big decline anytime soon Borrowers and brokers shouldn't count on a plunge in rates in the weeks ahead How Tango Financial is doing growth differently The philosophy of freedom-with-support has become central to Tango's DNA Canada housing sector faces mounting pressure amid recession fears Experts say the nation is in or imminently entering a recession that could shake an already vulnerable housing market BMO outpaces Q2 expectations despite higher-than-expected loan loss provisions Canada's banking giants are continuing to roll out their quarterly financial results Ontario mortgage delinquencies hit alarming highs amid renewal wave Equifax Canada finds sharp rise in missed payments and affordability challenges National Bank sees profits jump even amid economic headwinds Montreal lender's adjusted earnings surge past estimates King Charles backs housing reform in throne speech Sovereign's address rife with symbolism amid Trump's 51st state threats Builders back first-time homebuyer tax cut, but urge wider application CHBA says 'housing supply gap is still widening' despite measure Province scraps Toronto's affordable housing policy after developers push back Pushback from real estate trusts prompted province to weaken city's affordability requirements Big changes ahead in Whitehorse as zoning bylaw pushes forward City seeks feedback on draft International News Pace of home price growth moderating across the US Is a correction in home values on the way? Remote versus office working – will the industry change back? Brokers discuss the pros and cons of home, office and hybrid work 'Australian disinflation has stalled' - ANZ Consumer prices higher than expected in April May OCR decision revealed RBNZ has released its May Monetary Policy Statement and OCR decision Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2025 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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