Mortgage renewal trends, BoC on inflation target, 3m homes needed, Bank optimism, More

View in browser Banks aren't always matching lowest renewal rates despite popular belief View web version | Forward to a colleague 27 August 2025 Top News Banks aren't always matching lowest renewal rates despite popular belief Borrowers shouldn't assume banks will always lower their first offer even despite fierce competition Bank of Canada to hold inflation target at 2% in 2026, says Macklem Central bank doesn't intend to amend its objective anytime soon Unlock Broker Success: The Power of Partnership Now Learn how top industry leaders are redefining broker support, client trust, and business growth — don't miss the actionable insights in this must-listen episode. MCAN Premium Self-employed borrowers finally get fair play As Canadians turn to self-employment, lenders need to rethink how to assess borrowers' financial profiles More News Over 3m net new units needed by 2035 to ease housing crisis: PBO A daunting task is ahead if Canada is to close its housing gap, report suggests Top execs at banking giants show cautious optimism on economy despite headwinds Executives note signs of improvement but still warn that uncertainties remain Outlook continues to brighten for Canada's banking giants as RBC profits soar Major lenders are eking out strong Q3 results despite trade tensions National Bank reports higher profits in Q3 Provisions for potentially bad loans also fell More Canadians commuting to office, signalling potential reversal of remote-work revolution Is the back-to-office push accelerating? International News Markets expect short-term drop, long-term surge in rates after Fed board shakeup After Trump's attempt to dismiss Lisa Cook from the Fed, markets are still waiting to see the fallout Surge in £5m-plus mortgages as exodus of non-doms reshapes prime London property The silver lining in the cloud of wealthy fleeing Reeves' tax grab New Zealand set to outpace Australia in growth Rate cuts shift housing market trends across Tasman Beyond Bank Australia and Family First Bank enter merger talks Customer-owned lenders consider combining to expand regional presence 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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